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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