Measurement of the financial impact of Covid 19 on the integrated public transportation system of Barranquilla (Transmetro)

Authors

  • Yuseff Amin Henriquez Saker Universidad Autónoma del Caribe, Colombia
  • Estefano Gonzalez Díaz Granados Universidad Autónoma del Caribe, Colombia
  • Roberto Carlos Osio Ospino Universidad Autónoma del Caribe, Colombia

Keywords:

Transmetro, SITP, COVID-19, forecast, demand, differential rate

Abstract

This article presents an analysis of the financial impact generated by the COVID-19 pandemic on the Integrated System of Public Transport of Barranquilla (TRANSMETRO S.A.S.) in 2020. Based on a study of demand and costs, an analysis was made, we modeled and projected the system variables through time series methods, obtaining a hypothetical scenario under the assumption of the absence of the health crisis. This was contrasted with the real data generated during the crisis. The findings show, in general, a seasonal behavior with a growing trend in income. However, the even higher growth in costs implies that the system has operated at a great differential cost since its inception. Annual differential cost, in turn, showed a downward trend until the outbreak of the pandemic, from which a significant reversal of finances was generated, placing the company's income in a scenario like that of its beginnings.

Author Biographies

Yuseff Amin Henriquez Saker, Universidad Autónoma del Caribe, Colombia

Administrador de empresas, Subdirector Financiero, Caja de Compensación Familiar Cajacopi Atlántico.

Estefano Gonzalez Díaz Granados, Universidad Autónoma del Caribe, Colombia

Economista, Diputado del Departamento, Departamento del Atlántico.

References

ARTICULO ELABORADO POR YUSEFF HENRIQUEZ Y ESTEFANO GONZALEZ

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Published

2023-12-30

Issue

No. 32 (2023): N° 32: JUL-DEC 2023

Section

Original reflection article

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