Advertisement

Export Competitiveness in Colombia: Strengths and Weaknesses of the Economy’s Competitive Foundations

  • Juan Felipe Mejía
Chapter
Part of the Contributions to Economics book series (CE)

Abstract

Chiefly, the current chapter aims to evaluate if Colombia is, indeed, strongly grounded in the “competitive fundamentals” that it requires for a successful process of export diversification. As has been suggested by Cramer (1999), while it is commonly believed that significant benefits could be expected from export diversification, this positive outcome should not be taken for granted. Domestic conditions are required, along with the diversification process.

Keywords

Gross Domestic Product Total Factor Productivity Real Exchange Rate Latin American Country Total Factor Productivity Growth 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

References

  1. Alta consejería presidencial para la competitividad y las regiones (2010) Sistema nacional de competitividad, 2010, from http://www.snc.gov.co/Es/Institucionalidad/Paginas/SNC.aspx
  2. Arvis J, Mustra MA, Ojala L, Shepherd B, Saslavsky D (2007, 2010) Connecting to compete: trade logistics in the global economy. The World Bank, Washington DCGoogle Scholar
  3. Barro RJ (1992) Human capital and economic growth. Federal Reserve Bank of Kansas CityGoogle Scholar
  4. Bebczuk RN, Berrettoni ND (2006) Explaining export diversification: an empirical analysis. Unpublished manuscript. Retrieved 10 Dec 2009, from http://www.depeco.econo.unlp.edu.ar/doctrab/doc65.pdf
  5. Becker GS, Murphy KM, Tamura R (1990) Human capltal. fenlllty, and economlc growth. J Polit Econ 98:12–37CrossRefGoogle Scholar
  6. Brenton P, Hoppe M, Newfarmer R (2008) Economic partnership agreements and the export competitiveness of Africa. World Bank, Policy Research Working Paper 4627:1–27Google Scholar
  7. Brenton P, Newfarmer R, Shaw W, Walkenhorst P (2009) Breaking into new markets: overview. In: Brenton P, Newfarmer R, Shaw W, Walkenhorst P (eds) Breaking into new markets: emerging lessons for export diversification. The World Bank, Washington DC, pp 1–35Google Scholar
  8. Browne C, Geiger T (2010) The executive opinion survey: capturing the views of the business community. In Schwab K (ed.): World Economic Forum, Geneva, pp 49–57Google Scholar
  9. Busso M, Madrigal L, Pagés C (2010) Productividad desde los cimientos: Empresas y asignación de recursos. In: Pagés C (ed) La era de la productividad: Como transformar las economías desde sus cimientos. Inter-American Development Bank, Washington DC, pp 79–107Google Scholar
  10. Cáceres D, Mojica A, Escobar M, Guio G (2006) Diagnóstico del sector transporte. Ministerio de Transporte, República de Colombia, BogotáGoogle Scholar
  11. Canning D, Pedroni P (1999) Infrastructure and long run economic Growth. Consulting Assistance on Economic Reform II, Discussion Papers 57:1–41Google Scholar
  12. Cárdenas M, Gaviria A, Meléndez M (2005) La infraestructura de transporte en colombia. Fedesarrollo & Universidad de Los Andes, BogotáGoogle Scholar
  13. Castro CA, Perilla JR, Gracia JO (2006) El comercio internacional y la productividad total de los factores en colombia. Archivos De Economía, Dirección De Estudios Económicos, Departamento Nacional De Planeación 307:1–15Google Scholar
  14. Cheptea A, Gaulier G, Zignago S (2005) World trade competitiveness: a disaggregated view by shift-share analysis. CEPII 23:1–47Google Scholar
  15. Colecchia A, Schreyer P (2001) ICT investment and economic growth in the 1990s: is the United States a unique case? a comparative study of nine OECD countries. OECD Science, Technology and Industry Working Papers 7:1–32Google Scholar
  16. Consejo Nacional de Política Económica y Social (CONPES), República de Colombia (2006) Institucionalidad y principios rectores de política para la competitividad y productividad. BogotáGoogle Scholar
  17. Cramer C (1999) Can Africa industrialize by processing primary commodities? The case of Mozambican cashew nuts. World Dev 27(7):1247–1266. doi: 10.1016/S0305-750X(99)00053-4 CrossRefGoogle Scholar
  18. Daude C, Fernández-Arias E (2010) La productividad agregada: la clave para el desarrollo de América Latina. In: Pagés C (ed) La era de la productividad: como transformar las economías desde sus cimientos. Inter-American Development Bank, Washington DC, pp 32–53Google Scholar
  19. De Ferranti D, Perry G, Gill I, Guasch JL, Maloney W, Sánchez-Páramo C, Schady N (2003) Closing the gap in education and technology. Washington DC, World BankCrossRefGoogle Scholar
  20. Departamento Nacional de Planeación (2009) Cómo va colombia en competitividad? DNP, BogotáGoogle Scholar
  21. Dunning JH (1992) The competitive advantage of countries and the activities of transnational corporations UNCTADGoogle Scholar
  22. Durand M, Simon J, Webb C (1992) OECD's indicators of international trade and competitiveness. OECD Economics Department Working Papers 120:1–51CrossRefGoogle Scholar
  23. Dutta S, Mia I (2010) Global information technology report 2009–2010: ICT for sustainability. World Economic Forum, GenevaGoogle Scholar
  24. Easterly W, Rebelo S (1993) Fiscal policy and economic growth: an empirical investigation. J Monetary Econ 32:417–458CrossRefGoogle Scholar
  25. Esfahani HS, Ramírez MT (2003) Institutions, infrastructure, and economic growth. J Dev Econ 70:443–477CrossRefGoogle Scholar
  26. Fainboim I, Rodríguez CJ (2000) El desarrollo de la infraestructura en colombia en la década de los noventa. CEPAL.Google Scholar
  27. Flórez D (2010) Infraestructura tendrá un mayor protagonismo en la economía. Bogotá, PortafolioGoogle Scholar
  28. Francois J, Manchin M (2007) Institutions, infrastructure, and trade. World Bank Policy Research Working Paper 4152:1–38Google Scholar
  29. Gaviria J (1998) Port privatization and competition in Colombia. Public Policy Priv Sect 167:1–4Google Scholar
  30. Gómez HJ (2010) Productividad es la receta del crecimiento del país.Google Scholar
  31. Haddad M, Fane G, Nuansavanh K, Brenton P, Schuler P (2006) Building export competitiveness in laos: background report. World BankGoogle Scholar
  32. International Labour Office (ILO) (2010) LABORSTA internet., 2010, from http://laborsta.ilo.org/applv8/data/c6e.html#n1
  33. International Monetary Fund (IMF) (2010) IMF country report, Colombia. IMF, Washington DCGoogle Scholar
  34. Kalmanovitz S (2004) Recesión y recuperación de la economía colombiana.Google Scholar
  35. Klein LR (1988) Components of competitiveness. Science 241(4863):308–313CrossRefGoogle Scholar
  36. Knight PT, Marques RA (2008) Closing the technology gap. In: Haar J, Price J (eds) Can Latin America compete? Confronting the challenges of globalization. Palgrave Macmillan, New York, pp 99–119Google Scholar
  37. Krugman P (1994) r. A dangerous obsession, CompetitivenessGoogle Scholar
  38. Loayza N, Fajnzylber P, Calderón C (2004) Economic growth in Latin America and the Caribbean: stylized facts, explanations, and forecasts. Central Bank of Chile, Working Papers 265:1–150Google Scholar
  39. Loser C (2008) The macroeconomic environment of competitiveness. In: Haar J, Price J (eds) Can Latin America compete? Confronting the challenges of globalization. Palgrave MacMillan, New York, pp 27–43Google Scholar
  40. Lucas RE (1988) On the mechanics of development planning. J Monetary Econ 22:3–42CrossRefGoogle Scholar
  41. Mankiw G, Romer D, Weil D (1992) A contribution to the empirics of economic growth. Q J Econ 107(2):407–437CrossRefGoogle Scholar
  42. Marques RA, Oliveira G (2006) Sectoral system of innovation in Brazil: reflections about linkages and the accumulation of technological capabilities experienced by SME suppliers to the aeronautic industry. Unpublished manuscriptGoogle Scholar
  43. Mattoo A (2009) Exporting services. In: Newfarmer R, Shaw W, Walkenhorst P (eds) Breaking into new markets: emerging lessons for export diversification. The World Bank, Washington DC, pp 161–182Google Scholar
  44. Meléndez M, Seim K, Medina P (2003) Productivity dynamics of the colombian manufacturing sector. Documentos CEDE, Universidad De Los Andes 23:1–45Google Scholar
  45. Mulligan CB, Sala-i-Martin X (1992) Some empirical evidence on two-sector models of endogenous growth. Unpublished manuscriptGoogle Scholar
  46. Nelson RR, Phelps ES (1966) Investment in humans, technological diffusion, and economic growth. Am Econ Rev Pap Proc 56:69–75Google Scholar
  47. Ocampo JA, Villar L (1992) Trayectoria y vicisitudes de la apertura económica colombiana. Pensamiento Iberoamericano 21:165–186Google Scholar
  48. Ospina G (2004) Colombia: Desarrollo económico reciente en infraestructura. World BankGoogle Scholar
  49. Oughton C (1997) Competitiveness policy in the 1990s. Econ J I07:1486–1503CrossRefGoogle Scholar
  50. Pagés C (ed) (2010) La era de la productividad: Como transformar las economías desde sus cimientos. Inter-American Development Bank, Washington DCGoogle Scholar
  51. Portafolio (2010) Colombia no despega en exportaciones per cápita.Google Scholar
  52. Porter M, Schwab K (2008) The global competitiveness report 2008–2009. World Economic Forum, GenevaGoogle Scholar
  53. Puryear J, Ortega T (2008) Coveting human capital: is Latin American education competitive? In: Haar J, Price J (eds) Can Latin America compete? Confronting the challenges of globalization. Palgrave Macmillan, New York, pp 45–62Google Scholar
  54. Salin D, Mello E (2009) Snapshot of Colombian transportation and infrastructure USDAGoogle Scholar
  55. Sánchez-Robles B (1998) Infrastructure investment and growth: some empirical evidence. Contemp Econ Policy XVI:98–108CrossRefGoogle Scholar
  56. Schwab K (2010) The global competitiveness report 2009–2010. World Economic Forum, GenevaGoogle Scholar
  57. Smith J, Juhn T, Humphrey C (2008) Consumer and small business credit: building blocks of the middle class. In: Haar J, Price J (eds) Can Latin America compete? Confronting the challenges of globalization. Palgrave MacMillan, New York, pp 79–97Google Scholar
  58. Tiffin S, Bortagaray I (2008) Fostering innovation: technological innovation in urban clusters. In: Haar J, Price J (eds) Can Latin America compete? Confronting the challenges of globalization. Palgrave Macmillan, New York, pp 121–141Google Scholar
  59. U.S. Department of State (2002) Country reports on human rights practices, 2010, from http://www.state.gov/g/drl/rls/hrrpt/2001/wha/8326.htm
  60. United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) (2001) Role of human capital in economic development: some myths and realities. In Development planning in a market economy (LDC series no. 6, 2001), ESCAPGoogle Scholar
  61. United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) (2009) Statistical yearbook for asia and the pacific 2009, 2010, from http://www.unescap.org/stat/data/syb2009/15-Research-and-development.asp
  62. United States Department of Labor (2010) International labor comparisons, 2010, from http://www.bls.gov/fls/
  63. Weil D (2009) Economic growth, 2nd edn. Pearson, New YorkGoogle Scholar
  64. World Bank (2006) Colombia contracting education services. World Bank.Google Scholar
  65. World Bank (2008) The quality of education in Colombia. World BankGoogle Scholar
  66. World Economic Forum (2009) The financial development report. World Economic Forum, GenevaGoogle Scholar
  67. World Economic Forum (2010) The global competitiveness report 2010–2011. World Economic Forum, GenevaGoogle Scholar
  68. World Trade Organization (WTO) (2006) Trade policy review, colombia. WTO, GenevaGoogle Scholar

Copyright information

© Physica-Verlag HD 2011

Authors and Affiliations

  1. 1.School of Business AdministrationEAFIT UniversityMedellínColombia

Personalised recommendations