Brazil as Horizon: a Productive Transformation Proposal for Colombia

  • Carlos H. Ortiz Quevedo
  • Juan D. Salazar

Abstract

Under the assumption that countries may follow a process of structural transformation characterized by productive diversification and technological sophistication, the Brazilian economy was taken as a guide to reveal the Colombian sectorial developments that would have greater impact upon its intersectoral economic integration. To achieve this, an input-output matrix was constructed for each country with 35 comparable economic sectors. This implies sectorial aggregation work that bears in mind the methodologies of the national accounts of each country. With these comparable matrices, it can be deducted which economic sectors would increase most the intersectoral linkages of Colombia (and the density of the input-output matrix of Colombia). This analysis is important because, according to some structuralist analyses, the density of a country’s network of intersectoral linkages is directly related to its level of income (effect of level) and its economic dynamics (effect of growth)

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Author Biographies

Carlos H. Ortiz Quevedo
Profesor Titular, Facultad de Ciencias Sociales y Económicas, Universidad del Valle, Cali, Colombia. Economista de la Universidad del Valle, Cali, Colombia. Maestría y doctorado en Economía en London School of Economics. Director de Grupo de Investigación en Desarrollo Económico, Crecimiento y Mercado Laboral, categoría B, Colciencias.
Juan D. Salazar
Economista, Universidad del Valle, Cali, Colombia
Published
2015-08-19
How to Cite
ORTIZ QUEVEDO, Carlos H.; SALAZAR, Juan D.. Brazil as Horizon: a Productive Transformation Proposal for Colombia. Cuadernos de Administración, [S.l.], v. 31, n. 53, p. 23-37, aug. 2015. ISSN 2256-5078. Available at: <http://cuadernosdeadministracion.univalle.edu.co/index.php/cuadernos_de_administracion/article/view/14>. Date accessed: 20 feb. 2018. doi: https://doi.org/10.25100/cdea.v31i53.14.
Section
Research

Keywords

intersectoral linkages, multipliers of the linkages, domestic multipliers, total multipliers, productive transformation