The Politics of Transport Infrastructure Policies in Colombia

Nieto-Parra, Sebastián; Olivera, Mauricio; Tibocha, Anamaría

doi:10.1787/5k46n3xqh1hf-en

Cited by 3 publications

(2 citation statements)

References 4 publications

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“…In the second part of the decade, the focus shifted predominantly to regions located on the Atlantic coast and across the Central and Eastern part of the country. A relative increase in allocated funds could also be observed for the Western regions (Nieto-Parra et al, 2013).…”

Section: Figurementioning

confidence: 80%

“…While 26 per cent of the overall road infrastructure budget were spent on road construction, the majority of 68 per cent were made available for road maintenance projects. Further, within the road infrastructure budget, primary roads received the largest budget of 75 per cent, while projects on secondary and tertiary roads were allocated 7 and 18 per cent of the total budget respectively (Nieto-Parra et al, 2013).…”

Section: A Brief Overview Of the Colombian Transportation Sectormentioning

confidence: 99%

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A pseudo – panel approach to estimating dynamic effects of road infrastructure on firm performance in a developing country context

Barzin

D’Costa

Graham

2018

Regional Science and Urban Economics

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To overcome the absence of true firm-level data, we provide evidence that the use of pseudopanels based on aggregated data can correctly identify production function parameters. We construct a pseudo-panel of Colombian manufacturing firms for the years of 2000 to 2009 to study the effects of transportation infrastructure on firm performance in a developing country and find elasticities of output with respect to road infrastructure ranging from 0.13 to 0.15 per cent. This confirms that roads are important for private output growth and, as our results are larger than those reported in the literature for developed countries, that transportation infrastructure is relatively more important for the economy of developing countries. We also identify a one-year time lag with which firms' outputs react to road stock changes. This could be indicative of firms requiring time to adjust their production to road changes. We furthermore identify that the effect of road infrastructure is particularly large for heavy manufacturing industries. Moreover, we investigate the regional heterogeneity of the role of transportation infrastructure for firms' output growth. Our results are robust to different econometric concerns. We additionally provide Monte Carlo simulations to support the validity of pseudo-panels in the context of firm-level data.

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Section: Figurementioning

confidence: 80%

Section: A Brief Overview Of the Colombian Transportation Sectormentioning

confidence: 99%

A pseudo – panel approach to estimating dynamic effects of road infrastructure on firm performance in a developing country context

Barzin

D’Costa

Graham

2018

Regional Science and Urban Economics

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Improving Microeconomic Efficiency of Latin American Economies

Selowsky

Loser

2015

Global Journal of Emerging Market Economies

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This article discusses the factors that have led to the relatively low microeconomic, or allocative, efficiency of Latin America, compared with other faster-growing economies, particularly in East Asia. It also identifies the major structural impediments to improving efficiency of the economies, and, finally, suggests policy and institutional reforms necessary to improve Latin America's performance in the future. The article builds on an analysis of the region's long-term economic performance and the major dilemmas and issues faced by the countries. An important conclusion of the article is that even with prudent macroeconomic policies, the problems are rooted in the micro-economy. In other words, the fundamental economic problems faced by the region can only be overcome by making major structural changes in the economies. These structural changes, in turn, would lead to higher and more inclusive growth.

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Discrete Choice Models and Individual Travel Constraints in Nigeria: A literature Review

Purokayo

2013

BJEMT

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Travel constraints in contemporary Nigeria have affected all sectors of the economy. This trend had impacted on small traders in terms of higher cost of doing business, and individual travel behavior over time. Insecurity and travel time constraints had affected the growth of the entrepreneurial environment in most cities in Nigeria. In some regions trade and commerce have experienced very low performance. In most of the Northern Eastern states and big commercial centers in Kano, markets and commercial activities have remained closed due to high security alerts. Aims: To highlight various travel constraints affecting mobility as a result of the growing insecurity on Nigerian roads. Study Design: This study examines some literature on discrete choice and travel-based models. Place and Duration of Study: Contemporary travel constraints in Nigeria from 2000-2012, and the growing ethno-religious crisis in different parts of the country. Methodology: Review of literature.Results/observations: The working of these models is effective where the choice set is not constrained, and the independent irrelevant alternatives (IIA) may not include options/alternatives with a "lesser evil" definitions. This is because it is restrictive for behavioural choice, (utility may be ranked). In advanced market economies, infrastructure has been a springboard for creating and enhancing trade hubs that promotes trade and commerce. A high Infrastructure gap exists in less developed countries as a result of fiscal policy problems, high population and the process of prioritizing development

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The Politics of Transport Infrastructure Policies in Colombia

Cited by 3 publications

References 4 publications

A pseudo – panel approach to estimating dynamic effects of road infrastructure on firm performance in a developing country context

A pseudo – panel approach to estimating dynamic effects of road infrastructure on firm performance in a developing country context

Improving Microeconomic Efficiency of Latin American Economies

Discrete Choice Models and Individual Travel Constraints in Nigeria: A literature Review

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