Free Trade Zones in Colombia: Business and Regional Development 2009 - 2016

Free trade zones are an instrument of commercial policy that generates employment, investment and exports, thanks to tax incentives received by companies located into them. The objective of this paper is to examine the extent to which free trade zones policy during 2009 to 2016 contributed to concen...

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Main Authors: Arévalo-Luna, Guillermo Alexander, Arevalo-Lizarazo, Guillermo Alejandro
Format: Online
Language:spa
Published: Universidad Pedagógica y Tecnológica de Colombia 2019
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Online Access:https://revistas.uptc.edu.co/index.php/cenes/article/view/8406
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author Arévalo-Luna, Guillermo Alexander
Arevalo-Lizarazo, Guillermo Alejandro
author_facet Arévalo-Luna, Guillermo Alexander
Arevalo-Lizarazo, Guillermo Alejandro
author_sort Arévalo-Luna, Guillermo Alexander
collection OJS
description Free trade zones are an instrument of commercial policy that generates employment, investment and exports, thanks to tax incentives received by companies located into them. The objective of this paper is to examine the extent to which free trade zones policy during 2009 to 2016 contributed to concentrate production factors and polarized growth in central regions, while increasing regional disparity, given diverse characteristics of geographical character and factor endowment in the regions. The study uses the analytical-descriptive method from public and private statistical sources. The proposed hypothesis is: although free trade zones provide employment, increase investment and exports, they also intensify regional disparity. The study concludes that complementary public policies to the Free Trade Zones Law will have to attenuate territorial inequalities in favor of peripheral regions with higher relative backwardness.
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institution Revista Apuntes del Cenes
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publisher Universidad Pedagógica y Tecnológica de Colombia
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spelling oai:oai.revistas.uptc.edu.co:article-84062022-06-17T21:35:17Z Free Trade Zones in Colombia: Business and Regional Development 2009 - 2016 Las zonas francas en Colombia: desarrollo empresarial y regional 2009 - 2016 Arévalo-Luna, Guillermo Alexander Arevalo-Lizarazo, Guillermo Alejandro free trade zone employment investment business development regional growth zonas francas empleo inversión desarrollo empresarial crecimiento regional Free trade zones are an instrument of commercial policy that generates employment, investment and exports, thanks to tax incentives received by companies located into them. The objective of this paper is to examine the extent to which free trade zones policy during 2009 to 2016 contributed to concentrate production factors and polarized growth in central regions, while increasing regional disparity, given diverse characteristics of geographical character and factor endowment in the regions. The study uses the analytical-descriptive method from public and private statistical sources. The proposed hypothesis is: although free trade zones provide employment, increase investment and exports, they also intensify regional disparity. The study concludes that complementary public policies to the Free Trade Zones Law will have to attenuate territorial inequalities in favor of peripheral regions with higher relative backwardness. Las zonas francas son un instrumento de política comercial que genera empleo, inversión y exportaciones, gracias a incentivos tributarios que reciben las empresas localizadas en su interior. El objetivo del artículo es examinar hasta qué grado en el periodo 2009-2016 la política de zonas francas contribuyó a concentrar los factores de producción y polarizar el crecimiento en las regiones centrales al tiempo que aumentó la disparidad regional, dadas las diversas limitaciones de carácter geográfico y de dotación factorial en las distintas regiones del país. El estudio utiliza el método analítico-descriptivo de fuentes estadísticas públicas y privadas. La hipótesis propuesta es la siguiente: aunque las zonas francas contribuyen a generar empleo, atraer inversión y aumentar las exportaciones, también fomentan el aumento de la disparidad regional. El estudio concluye que las políticas públicas estatales complementarias a la de zonas francas deberán contribuir a atenuar las desigualdades territoriales en favor de las regiones periféricas con mayor atraso relativo. Universidad Pedagógica y Tecnológica de Colombia 2019-08-20 info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion Peer reviewed Article application/pdf text/xml https://revistas.uptc.edu.co/index.php/cenes/article/view/8406 10.19053/01203053.v38.n68.2019.8406 Apuntes del Cenes; Vol. 38 No. 68 (2019); 151-184 Apuntes del Cenes; Vol. 38 Núm. 68 (2019); 151-184 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/8406/8384 https://revistas.uptc.edu.co/index.php/cenes/article/view/8406/11192 Copyright (c) 2019 Guillermo Alexander Arévalo-Luna, Guillermo Alejandro Arevalo-Lizarazo http://creativecommons.org/licenses/by-nc-sa/4.0
spellingShingle free trade zone
employment
investment
business development
regional growth
zonas francas
empleo
inversión
desarrollo empresarial
crecimiento regional
Arévalo-Luna, Guillermo Alexander
Arevalo-Lizarazo, Guillermo Alejandro
Free Trade Zones in Colombia: Business and Regional Development 2009 - 2016
title Free Trade Zones in Colombia: Business and Regional Development 2009 - 2016
title_alt Las zonas francas en Colombia: desarrollo empresarial y regional 2009 - 2016
title_full Free Trade Zones in Colombia: Business and Regional Development 2009 - 2016
title_fullStr Free Trade Zones in Colombia: Business and Regional Development 2009 - 2016
title_full_unstemmed Free Trade Zones in Colombia: Business and Regional Development 2009 - 2016
title_short Free Trade Zones in Colombia: Business and Regional Development 2009 - 2016
title_sort free trade zones in colombia business and regional development 2009 2016
topic free trade zone
employment
investment
business development
regional growth
zonas francas
empleo
inversión
desarrollo empresarial
crecimiento regional
topic_facet free trade zone
employment
investment
business development
regional growth
zonas francas
empleo
inversión
desarrollo empresarial
crecimiento regional
url https://revistas.uptc.edu.co/index.php/cenes/article/view/8406
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AT arevalolunaguillermoalexander laszonasfrancasencolombiadesarrolloempresarialyregional20092016
AT arevalolizarazoguillermoalejandro laszonasfrancasencolombiadesarrolloempresarialyregional20092016