Abstract
A test of the Caballero-Lyons (1989) model of external effects in manufacturing is performed with a gross output and value added data set of 28 two-digit industries for Colombia, usingpaneldataestimationtechniques.Bothataggregateandatindustrylevelthereisnoevidenceofeconomiesofscale.Atindustrylevelthereisa positiveaggregateexternalitythatrangesfrom0.38%to0.25%foraone-percentincreaseinaggregatemanufacturingactivity.Theeffectofeffort,capacityutilisationorpolicyregimesdoesnotseemtoaffectsignificantlytheseresults.
Translated title of the contribution | EXTERNALIDADES EN LA INDUSTRIA COLOMBIANA |
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Original language | English |
Awarding Institution |
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Supervisors/Advisors |
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State | Published - 2000 |
Keywords
- Industria Coombiana
- Manufactura
- Dane
- Precios