Revista Desarrollo y Sociedad logo

Desarro. soc. | eISSN 1900-7760 | ISSN 0120-3584

Infrastructure and Industrial Productivity in Colombia

No. 68 (2011-08-01)
  • Sergio Jiménez Ramírez
  • Jaime Sanaú Villarroya

Abstract

This paper analyzes the impact of public infrastructure on the productivity of manufacturing industries in Colombia between 1990 and 2005 by focusing on the theory of duality. The paper draws specific attention to the effects of public capital investment on the cost structure of the industry, through their interrelationships with the different private production factors.

Keywords: Public infrastructure, productivity, economic growth, duality theory