The Impact of Transportation Infrastructure on the Colombian Economy

Borradores de Economia
Number: 
124
Published: 
Classification JEL: 
C23, C22, N76, N86
Keywords: 
Human capital agglomeration, Social returns, Private returns, Externalities, Uncertainty, Fiscal policy

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Juan Esteban Carranza-Romero, Alejandra González-Ramírez, Mauricio Villamizar-Villegas

This paper measures some of the impacts that development in transportation infrastructure could have on the Colombian economy during the period 1905-1990. The first section of the paper analyzes the responsiveness of the economy to changes in transportati