Externalities in Colombia Manufacturing

Research output: ThesisMaster's Thesis

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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 contributionEXTERNALIDADES EN LA INDUSTRIA COLOMBIANA
Original languageEnglish
Awarding Institution
  • Royal Holloway University of London
Supervisors/Advisors
  • Spagat, Michael, Supervisor, External person
StatePublished - 2000

Keywords

  • Industria Coombiana
  • Manufactura
  • Dane
  • Precios

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