Structural Interdependence among Colombian Departments

Borradores de Economia
Number: 
517
Published: 
Classification JEL: 
R12, R15
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy
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This paper advances on the analysis of the structural interdependence among Colombian departments. The results show that Bogotá has a large influence in the other regional economies through its purchasing power. Additionally, it can be observed a center-p