Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application
The main objective of the article is to determine the impact of remittances on the economic growth of the regions in Colombia, taking into account the panel data structure for the period 2009-2016. Are used the data of international remittance income from the Banco de la República and the Gross Dome...
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| Format: | Online |
| Language: | spa |
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Universidad Pedagógica y Tecnológica de Colombia
2019
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| Online Access: | https://revistas.uptc.edu.co/index.php/cenes/article/view/8576 |
| _version_ | 1801705961935601664 |
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| author | Chamorro-García, Andrés Fernando Hernandez Garcia, Edwin Arbey |
| author_facet | Chamorro-García, Andrés Fernando Hernandez Garcia, Edwin Arbey |
| author_sort | Chamorro-García, Andrés Fernando |
| collection | OJS |
| description | The main objective of the article is to determine the impact of remittances on the economic growth of the regions in Colombia, taking into account the panel data structure for the period 2009-2016. Are used the data of international remittance income from the Banco de la República and the Gross Domestic Product of the Colombian regions published by the Departamento Administrativo Nacional de Estadística (DANE), from which econometric equations are estimated using the estimator of fixed effects corrected by autocorrelation and heteroscedasticity for panel data. The results show a positive and significant effect of remittances on regional economic growth. |
| format | Online |
| id | oai:oai.revistas.uptc.edu.co:article-8576 |
| institution | Revista Apuntes del Cenes |
| language | spa |
| publishDate | 2019 |
| publisher | Universidad Pedagógica y Tecnológica de Colombia |
| record_format | ojs |
| spelling | oai:oai.revistas.uptc.edu.co:article-85762022-06-17T21:35:22Z Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application Remesas y crecimiento económico regional en Colombia 2009 - 2016: una aplicación de datos panel Chamorro-García, Andrés Fernando Hernandez Garcia, Edwin Arbey Remittances Economic growth Regional Economics Panel Data Remesas Crecimiento Económico Economía Regional Datos de Panel The main objective of the article is to determine the impact of remittances on the economic growth of the regions in Colombia, taking into account the panel data structure for the period 2009-2016. Are used the data of international remittance income from the Banco de la República and the Gross Domestic Product of the Colombian regions published by the Departamento Administrativo Nacional de Estadística (DANE), from which econometric equations are estimated using the estimator of fixed effects corrected by autocorrelation and heteroscedasticity for panel data. The results show a positive and significant effect of remittances on regional economic growth. El objetivo principal del artículo es determinar el impacto de las remesas sobre el crecimiento económico de las regiones en Colombia, teniendo en cuenta la estructura de datos panel 2009-2016. Se usan los datos de ingresos por remesas internacionales del Banco de la República y el Producto Interno Bruto de las regiones colombianas publicado por el Departamento Administrativo Nacional de Estadística (DANE), a partir de los cuales se estiman ecuaciones econométricas mediante el estimador de efectos fijos corregidos por autocorrelación y heterocedasticidad para datos panel. Los resultados muestran un efecto positivo y significativo de las remesas en el crecimiento económico regional. 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/8576 10.19053/01203053.v38.n68.2019.8576 Apuntes del Cenes; Vol. 38 No. 68 (2019); 185-246 Apuntes del Cenes; Vol. 38 Núm. 68 (2019); 185-246 2256-5779 0120-3053 spa https://revistas.uptc.edu.co/index.php/cenes/article/view/8576/8386 https://revistas.uptc.edu.co/index.php/cenes/article/view/8576/11194 Copyright (c) 2019 Andrés Fernando Chamorro-García, Edwin Arbey Hernandez Garcia http://creativecommons.org/licenses/by-nc-sa/4.0 |
| spellingShingle | Remittances Economic growth Regional Economics Panel Data Remesas Crecimiento Económico Economía Regional Datos de Panel Chamorro-García, Andrés Fernando Hernandez Garcia, Edwin Arbey Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application |
| title | Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application |
| title_alt | Remesas y crecimiento económico regional en Colombia 2009 - 2016: una aplicación de datos panel |
| title_full | Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application |
| title_fullStr | Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application |
| title_full_unstemmed | Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application |
| title_short | Remittances and regional economic growth in Colombia 2009 - 2016: a panel data application |
| title_sort | remittances and regional economic growth in colombia 2009 2016 a panel data application |
| topic | Remittances Economic growth Regional Economics Panel Data Remesas Crecimiento Económico Economía Regional Datos de Panel |
| topic_facet | Remittances Economic growth Regional Economics Panel Data Remesas Crecimiento Económico Economía Regional Datos de Panel |
| url | https://revistas.uptc.edu.co/index.php/cenes/article/view/8576 |
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