Call Us 080-41656200 (Mon-Sat: 10AM-8PM)
Free Shipping above Rs. 1499
Cash On Delivery*

Deindustrialization in Colombia: Quantitative Analysis of Determinants


Marketed By :  LAP LAMBERT Academic Publishing   Sold By :  Kamal Books International  
Delivery in :  10-12 Business Days


Check Your Delivery Options

Rs. 1,781

Availability: In stock

  • Product Description

This document looks at the deindustrialization process in Colombia during 1965-2012, attempting to distinguish between “secular movements” (normal) from factors that have accelerated its process as a result of the Dutch Disease. This is a case of accelerated deindustrialization, where the Industry Value Added/GDP ratio has fallen from almost 25% during the mid-seventies to 20-22% in the eighties and now reaches a mere 12%. This deindustrialization has been linked to: i) structural difficulties in the provision of basic services (energy, telecommunications, roads), and ii) the effect springing from the energy-mining boom, accompanied by a costly labor force and a rampant appreciation of the exchange rate, thus giving support to the DD hypothesis. On the econometric front, the VEC model supports the DD hypothesis for the period 1970-2010, as compared to the alternate hypothesis of “secular” deindustrialization. This is usually explained by the expansion of the services sector (due to relative gains in productivity and “modernization”) and the level of development (gains in GDP per capita), which are typically linked to the developed world.

Product Specifications
SKU :COC59047
AuthorSergio Clavijo,Alejandro Vera and Alejandro Fandino
Number of Pages56
Publishing Year19.11.2014
Edition1 st
Book TypeEconomics
Country of ManufactureIndia
Product BrandLAP LAMBERT Academic Publishing
Product Packaging InfoBox
In The Box1 Piece
Product First Available On ClickOnCare.com2015-08-05 00:00:00