Public investment and budget constraint on transport infrastructure in Colombia: 1960-2011

Authors

  • Mario Alberto De la Puente Universidad Rey Juan Carlos

Keywords:

Public investment, budget constraint, transport infraestructure, economic policy

Abstract

The article analyzes the historical evolution of public investment and the budget constraint in transport infrastructure in Colombia during the period 1960-2011 by identifying periods of fiscal adjustment and its relationship to the evolution of investment in this sector. The purpose is to understand the causes of the progressive deterioration of infrastructure investment in the transport sector from the analysis of macroeconomic variables and economic policy for the sector during the period of investigation. The methodology is part of the complementarity of quantitative and qualitative analysis of macroeconomic variables with the historical analysis of economic policy making for the sector, resulting in a comprehensive diagnosis of the current situation in Colombia transport.

Author Biography

Mario Alberto De la Puente, Universidad Rey Juan Carlos

Profesional en Relaciones Internacionales por la Universidad del Norte, Magister en Análisis Económico Internacional por la Universidad Rey Juan Carlos, candidato a Doctor en economía aplicada por la misma universidad. Investigador adjunto del departamento de Economía aplicada en la Universidad Rey Juan Carlos. Énfasis investigativo en economía del desarrollo y estructura económica.

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Published

2012-12-13

Issue

No. 10: JUN-DEC 2012

Section

Science article

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