República de Colombia Departamento Nacional de Planeación Dirección de Estudios Económicos ARCHIVOS DE ECONOMÍA Child labour and the Economic recession of 1999 in Colombia (A dissertation submitted to the University of Bristol in accordance with the requirements of the degree of MSc. Economics and Econometrics in the Faculty of Social Sciences.Department of Economics) Claudia Marcela UMAÑA APONTE Documento 246 16 de Enero de 2004. La serie ARCHIVOS DE ECONOMIA es un medio de la Dirección de Estudios Económicos, no es un órgano oficial del Departamento Nacional de Planeación. Sus documentos son de carácter provisional, de responsabilidad exclusiva de sus autores y sus contenidos no comprometen a la institución. Child Labour and the Economic Recession of 1999 in Colombia Claudia Marcela UMAÑA APONTE♣ Abstract This paper examines the relationship between economic growth, households’ income, child labour and school attendance in Colombia. It also analyses the impact of the economic recession of 1999 on child labour and education. An important contribution of this paper is the use of micro and macro data in the estimation of the empirical models, since they allow analysing micro and macro sources of child labour. The results show that both households’ earnings and economic growth are relevant for the families’ decision-making process regarding education or labour activities of their children. I find that, in Colombia, child labour is contra-cyclical and education is pro-cyclical to economic growth. Therefore, higher levels of social income increase the children’s welfare providing them with more education and less economic responsibilities. This implies that the main reason why children work in Colombia is poverty. The late nineties’ economic crisis impact on child labour and education was a sharp increase of children in the labour force and a slight decrease of school attendance. ♣ A dissertation submitted to the University of Bristol in accordance with the requirements of the degree of MSc. Economics and Econometrics in the Faculty of Social Sciences. Department of Economics September, 2003. Author’s declaration I declare that the work in this dissertation was carried out in accordance with the Regulations of the University of Bristol. The work is original except where indicated by special reference in the text and no part of the dissertation has been submitted for any other degree. Any views expressed in the dissertation are those of the author and in no way represent those of the University of Bristol. The dissertation has not been presented to any other university for examination either in the United Kingdom or overseas. SIGNED: DATE: 2 Table of Contents ABSTRACT ........................................................................................................... 1 AUTHOR’S DECLARATION ................................................................................. 2 TABLE OF CONTENTS ........................................................................................ 3 1. INTRODUCTION ............................................................................................ 5 2. THE COLOMBIAN CONTEXT........................................................................ 7 A. B. GENERAL FEATURES ..................................................................................... 7 DESCRIPTIVE STATISTICS FOR CHILD LABOUR IN COLOMBIA ............................ 10 i. Participation rates .................................................................................. 10 ii. Type of activity....................................................................................... 11 iii. School attendance and educational level .............................................. 12 3. DATA DESCRIPTION .................................................................................. 13 4. OBJECTIVES ............................................................................................... 15 5. LITERATURE SURVEY ............................................................................... 15 6. METHODOLOGY AND RESULTS ............................................................... 21 A. B. 7. GRAPHICAL EXAMINATION ............................................................................ 21 MODELS SPECIFICATION AND RESULTS .......................................................... 21 i. Time effects ........................................................................................... 22 ii. Micro vs macro effects ........................................................................... 24 iii. Quadratic GDP ...................................................................................... 27 CONCLUSIONS ........................................................................................... 28 REFERENCES .................................................................................................... 29 List of tables Table 1. Participation rates by gender.................................................................. 10 Table 2. Child labour by economic activity ........................................................... 11 Table 3. Chidren who work and attend school ..................................................... 12 Table 4. Years of education completed by working children ................................ 13 Table 5. Number of observations for 12-17 year-old children in NHS .................. 14 Table 6. 1993’s Colombian census ...................................................................... 14 Table 7. Graphical examination results ................................................................ 31 Table 8. Participation Rates Results .................................................................... 32 Table 9. Variables Description ............................................................................. 34 Table 10. Results Model 1. .................................................................................. 35 Table 11. Results Model 2 ................................................................................... 38 Table 12. Large differences in earnings due to education.................................... 39 Table 13. Results Model 3 ................................................................................... 40 Table 14. Results Model 4 ................................................................................... 41 3 List of graphs Graph 1. Colombia’s Economic Growth ................................................................. 8 Graph 2. Urban unemployment rate....................................................................... 8 Graph 3. Unemployment Rate by gender............................................................... 8 Graph 4. Unemployment Rate by age.................................................................... 8 Graph 5. Participation Rate by gender ................................................................... 9 Graph 6. Participation Rate by age ........................................................................ 9 Graph 7. Employed children participation rate ..................................................... 11 Graph 8. Fitted Employed Children Participation Rate......................................... 32 Graph 9. Fitted Employed Children Participation Rate vs GDP .......................... 33 Graph 10. Fitted Employed Children Participation Rate vs. Quarters .................. 33 Graph 11. Probability of Child Labour vs. GDP percapita .................................... 37 Graph 12. Probability of School Attendance vs. GDP percapita .......................... 37 Graph 13. Collapsed fitted values vs. GDP percapita .......................................... 41 Graph 14. Collapsed fitted values vs. Quarters.................................................... 42 4 1. Introduction After more than 90 years of stable and positive growth, Colombia’s economy sharply dropped in late nineties collapsing to the most severe economic crisis in 1999. The social effects of this crisis, perhaps, were most severe than the economic ones. Great part of the population lost their jobs, their houses and their economic opportunities, reducing their standards of living. The total unemployment rate rapidly increased and poverty indicators showed how people were becoming poorer. One of the most worrying effects of the crisis was the increasing proportion of young people entering the labour market and, perhaps, dropping out of school. This study aims to analyse the impact of this economic recession on the evolution of child labour in Colombia. This topic is of the particular interest since the future of a country lies on the child and young population. The economic growth theory has demonstrated that one of the main ways to reach high levels of development is the accumulation of human capital. This accumulation is the result of a long way which entails providing children both a high quality education and a good environment for their growing up process. Colombia is a developing country which requires improving the standards of living and opportunities for the people. Therefore, if we look after our children and provide them with the conditions for a successful development, we can reach those objectives. For the previous reasons, child labour is highly related to economic growth and development. More educated and healthy children today will assure more productive, imaginative, creative and ingenious adults tomorrow, who will contribute to boost the economic growth and development. On the contrary, child labour can be a barrier for this objective. Although, it provides more experience for a specific task, can reduce the opportunity that a child exploits his skills and acquires new abilities. Even if children combine work and school, the time spent working could reduce their understanding and learning capacity in comparison with full-time students. Moreover, Bhalotra and Tzannatos (2002) have found that child labour has micro and macroeconomic adverse effects. On the one hand, it can be the source of a households poverty trap: “less educated parents tend to send their children to work and these children grow up to be less educated, who then send their children to work. Since education is a strong predictor of income, this is a mechanism that generates… a persistence of poverty from one generation to another” (p. 4). On the other hand, they affirm that economic growth theories have demonstrated that “the social return to human capital investment exceeds the private return” (p.5), thus, that family’s persistence of poverty also has macroeconomic effects. Since they are not investing enough in their children the social return to education is not sufficient to accelerate the economic growth and countries remain underdeveloped. 5 These previous arguments are of particular interest in Colombia. A recent study of United Nations and two of the main Colombian governmental institutions1 reveals that Colombian households are diminishing their expenditures (investment) on their children education as a consequence of unemployment and the economic crisis. In addition, they have found that this situation is not only occurring in the poorest households but also in the richest ones. Recently, the ICBF’s executive manager declares that “a [Colombian] child, who regularly works, has 70% more probability of never returning to school” (El Tiempo, 9 of July of 2003). For these reasons, both to understand the reasons why children work and to analyse the consequences of 1999’s recession on child labour in Colombia, is fundamental to propose policies which can contribute to alleviate it. Child labour studies have mostly used either micro or macro data to corroborate their hypothesis. Those which have only used macro data, in general, have analyse the relation either income-child labour or trade-child labour in a cross country framework. However, Bhalotra and Tzannatos (2002) indicate that aggregate evidence is imprecise in identifying whether the changes in child labour were the result of individual-household decisions, macroeconomic policies or structural social changes. Other studies only utilize micro data to investigate the factors which determine child labour and its relation with other variables, e.g. income shocks. Nevertheless, in this case macroeconomic variables, such as GDP, inflation and governmental policies can influence families’ decisions through expectations, uncertainty or risk aversion. In fact, parent’s perception about the general economic behaviour can motivate or prevent them to send their children to work. Such as Bhalotra and Tzannatos (2002) observed “Poor households are likely to be particularly risk-averse and they may employ [their] children ex ante to diversify their sources of income”. In order to control all these previous effects, this study makes use of micro and macro data. The macro data consist of the Colombian Gross Domestic Product (GDP) percapita, quarterly from 1985 to 2000. One of the main questions of this paper is to identify if child labour is pro-cyclical or anti-cyclical to GDP. The micro data comes from the Colombian National Households Survey (NHS) which is conducted quarterly over the same period of time. It allows identifying children’s, parent’s and households’ characteristics as well as their incomes and environment features. The rest of this paper will attempt to investigate the causes and consequences of child labour in Colombia and its behaviour before, during and after recession. The next section will describe the policy context of 1999’s economic recession and the main characteristics of urban child labour in Colombia. The third explains in detail the database used for estimations. The main objectives of this paper are summarised in the fourth section. The fifth will review the relevant studies related to the hypotheses of this paper. Methodology and results are contained in the sixth section. Finally, the conclusions are stated. See United Nations, Colombian Economic Planning Ministry (DNP) and Colombian Family Welfare Institute (ICBF) (2003). 1 6 2. The Colombian Context a. General Features Historically the Colombian economy showed a strong and steady trend of growth. Nevertheless, from 1998 the economy began a downward trend, which in 1999 gave rise to the worst recession in its economic history (graph 1), having had severe effects on the whole population’s welfare. This situation was the result of some factors such as a fiscal decentralisation, the economic liberalisation of 1993 and an unfavourable external economic situation. The decentralisation resulted in a disproportionate increase in government expenditures and the economic liberalisation generated unbalanced problems between agents’ debits and credits. According to Cardenas (2001), in early 1990 the Colombian Government formulated a package of political an economic structural reforms. These reforms were focused on establishing a new Constitution and opening the economy to new markets, following a process of economic liberalisation. Firstly, the constitutional change restructured the political order with the purpose of creating a high decentralization level. In other words, Central government attempted to assign more responsibilities to territories. The objective was transferring more money to municipalities, which knew their own problems much better, in order to provide all the public services (especially education and health) that people required. This fiscal decentralization resulted in a disproportionate increase in government expenditures. Additionally, Cardenas (2001, p.2) states: “…This trend was reinforced by a deliberately expansionary fiscal management throughout most of the decade. In fact, the central government’s deficit rose to more than 8% of GDP in 1999 from nearly zero in 1991”. As a result of this fiscal deficit, market interest rates dramatically rose since financing necessities of the government were increasing the interest rates of the internal public bonds. Secondly, another series of legal changes in the beginning of the decade drastically modified the economic regimes related to trade, foreign exchange and foreign investment. The economic liberalisation of 1993 generated excessive households’ and companies’ expenditures, greater than their incomes, which turned into microdeficits that individuals could not sustain, mainly because of the high interest rates. Finally, the external economic situation was very unfavourable for Colombia. Ecuador and Venezuela, its main trade and business partners, were also facing a deep recession. In 1999, their economies fell 8.0% and 7.5% respectively. 7 The 1999 crisis brought critical consequences not only on the economic context but also on the social one. One of the most severe effects on the population welfare was a dramatic increase of the unemployment rate, which reached the highest levels in its history getting to the peak in 2000 (graph 2). Graph 1 Colombia’s Economic Growth 1979 – 2002 (First Quarter) Graph 2 Urban unemployment rate 8% 21 6% 19 4% 17 2% 15 0% Source: Dane - NPD – Colombia III III 00 I III 99 I III 98 I 94 I 97 I 7 III -8% III 9 96 I -6% III 11 79 I 80 I 81 I 82 I 83 I 84 I 85 I 86 I 87 I 88 I 89 I 90 I 91 I 92 I 93 I 94 I 95 I 96 I 97 I 98 I 99 I 00 I 01 I 02 I -4% 95 I 13 -2% Source: Dane – NPD. Colombia The increase in the unemployment rate dramatically affected the whole population (Graph 3 and 4). Nevertheless, young people have always suffered more from this fact than the rest of the people. As it can be seen in Graph 4, from 1991 the youngest population’s unemployment rate has been not only the highest but also the one with the highest growth, especially between 1999 and 2000. During this late period, the unemployment rates of people older than 18 years were decreasing, while the one for people between 12 and 17 years was still growing. Graph 4 Unemployment Rate by age Graph 3 Unemployment Rate by gender (People over 12 years old) 25 23 21 Males 47 Female 42 12-17 30-39 18-29 40-70 37 19 17 %15 13 11 32 % 27 22 17 12 9 7 5 7 Source: Dane 91 I III 92 I III 93 I III 94 I III 95 I III 96 I III 97 I III 98 I III 99 I III 00 I III 91 I III 92 I III 93 I III 94 I III 95 I III 96 I III 97 I III 98 I III 99 I III 00 I III 2 Source: NHS (ENH) – Author’s calculations 8 Between 1999 and 2002, the Colombian Government attempted to explain the causes of this quick increase in the unemployment rate. It affirmed that, there were two main types of factors: structural changes in the Colombian labour market and those produced by the current economic situation (DNP, 2002 p.23) On the one hand, the structural changes were mainly originated from the economic liberalisation of 1993. Since then, the productive sector, in order to increase its competitiveness, substituted low skill labour demand for high skill labour and labour for physical capital demand. For this reason, young people with low educational levels faced a higher unemployment rate (graph 4). In addition, the women labour supply had changed in the last two decades, increasing the participation of women in the labour market. For instance, the Colombian Economic Planning Ministry (DNP, 2002) states, “in 1982 one out of two women entered the labour market, nowadays, approximately two out of three women do” (p.23). This increase in the participation of female population was, in part, because they have reached better educational levels and got more opportunities within the labour market. On the other hand, the economic recession caused an abrupt drop in households’ income, reducing their wealth and welfare. Consequently, young people and women, who were not working or interested in getting a job before of the crisis, entered the labour force in order to preserve or recuperate their standards of living. This implied an increase in women’s and young people’s participation rates in the labour market (graphs 5 and 6) Graph 5 Participation Rate by gender 78 Men 77 Women Graph 6 Participation Rate by age 57 19 18 55 17 75 % 74 53 % 51 16 73 49 72 47 71 45 Source: Dane 18-29 40-49 92.0 87.0 %15 82.0 % 14 77.0 13 72.0 12 11 67.0 96 I II III IV 97 I II III IV 98 I II III IV 99 I II III IV 00 I II III IV 95 I II III IV 96 I II III IV 97 I II III IV 98 I II III IV 99 I II III IV 00 I II III 76 12-17 30-39 Source: NHS (ENH) – Author’s calculations Table 1 summarize the participation rates2 of men, women and children in Colombia. As it can be seen, the women’s participation rate in the labour market sharply increases by 13.3% points from 1985 to 1999, which implies in average a growth of 0.9% points per year. Nevertheless, between 1999 and 2000, growth rate doubled, reaching 2% points in only one year. Boys’ and girl’s participation rates decrease Participation rates are calculated as the sum of employed plus unemployed people divided by population older than 12 years who are those that can work. 2 9 since 1985, but, as in the women case, in the last two years of the nineties they increased by 1.8% points each, possibly indicating the effects of recession. Table 1 Participation rates2 by gender Male Adult Male Female Adult Female Boys (12-17) Girls (12-17) 1985 1995 1999 2000 73.0 84.1 41.6 47.0 20.1 13.9 74.5 85.3 47.5 53.5 18.9 13.0 73.8 84.4 54.0 60.3 16.4 12.7 73.9 84.1 56.1 62.2 18.2 14.5 Source: NHS (ENH) – Author’s calculations This paper focuses on studying the consequences of the economic recession on the labour market for people younger than 17 years old, in order to investigate the validity of those previous government explanations. Although in Colombia the population older than 12 years is considered part of the labour force, the basic education is completed after 11 years of schooling (9 of them compulsory) and the official enrolment age is 6 years old in public education. This implies that a child must finish the basic education at a minimum age of 17 years. For this reason, this study considers as child labour that one which is performed by the population under 17 years old. The following section will describe the characteristics of urban child labour in Colombia in some detail. b. Descriptive statistics for child labour in Colombia In order to analyse the causes and consequences of the economic deterioration on the households’ wealth and children’s welfare, it is fundamental to understand the main features of urban child labour in Colombia. Bhalotra and Tzannatos (2002, p.7) have indicated the existence of some stylised facts for child labour. This section attempts to follow some of these stylised facts in order to describe the evolution of Colombian child labour market in urban areas for 1985, 1995, 1999 and 2000. These years were chosen because they capture the consequences of both the 1993’s economic liberalization and the recession of 1999, which can be compared with the conditions faced in 1985, before these changes ocurred. Nevertheless, for the empirical analysis that will be performed in the coming sections, the complete sample period, 1985 – 2000, will be utilized. i. Participation rates Bhalotra and Tzannatos (2002, p.8) affirm that the participation rates of children have been declined everywhere since 1950. Graphically, in Colombia the participation rate 10 of employed children has considerably decreased since 19923 (Graph 7), corroborating the trend identified by Bhalotra and Tzannatos. Graph 7 Employed children participation rate4 85 I 86 I 87 I 88 I 89 I 90 I 91 I 92 I 93 I 94 I 95 I 96 I 97 I 98 I 99 I 00 I 17 16 15 14 13 %12 11 10 9 8 7 Source: NHS (ENH) – Author’s calculations ii. Type of activity Since the data used in this paper comes entirely from the seven principal urban areas, the principal activity performed by children in this case is not agriculture, as Bhalotra and Tzannatos (2000) have identified as a stylised fact5. Nevertheless, some specific activities in which they are involved can be identified. Urban child labour in Colombia is concentrated in three principal activities: commerce, industry and services (table 2). Table 2. Child labour by economic activity Economic Sector Agriculture, Forestry, Fishing and Hunting Mining Industry Electricity, gas and water Construction Commerce, restaurants and hotels Transport, storage and comunication Financial sector Personal services No information available TOTAL 1985 % 2,072 1.4 310 0.2 25,174 17.4 48 0.0 9,574 6.6 37,826 26.1 3,688 2.5 1,178 0.8 64,846 44.8 37 0.0 144,752 100.0 1995 % 1,417 0.7 371 0.2 37,455 19.8 515 0.3 19,257 10.2 58,073 30.7 6,729 3.6 3,438 1.8 61,635 32.6 228 0.1 189,118 100.0 1999 % 1,404 1.0 43 0.0 21,217 15.5 578 0.4 4,978 3.6 48,400 35.3 4,445 3.2 2,945 2.1 52,893 38.6 154 0.1 137,056 100.0 2000 % 1,095 0.8 292 0.2 23,474 16.2 34 0.0 6,660 4.6 52,514 36.1 4,211 2.9 2,717 1.9 54,233 37.3 49 0.0 145,277 100.0 Source: NHS (ENH) – Author’s calculations The principal activity that children perform is personal services to households. In 1999 and 2000, 31% and 29.6% of them, respectively, were working in this activity. There is not data available between 1950 and 1985 Calculated as the ratio of employed children to 12-17 years old population. 5 This fact is a result of the sample data and does not imply that no children are working in rural areas. 3 4 11 The second activity is retail trade; the percentage of children in this activity was 28.3% in 1999 and 28.7% in 2000. There have not been large changes from 1985 to 2000 in the type of economic activities in which children are involved. The most important features in this respect have been that a less number of children are working in personal services but more of them are working in commerce. iii. School attendance and educational level Work and school are not perfect substitutes for children. On the contrary, Bhalotra and Tzannatos (2000) have found that many children combine work and school. Colombia is not the exception of the rule. As it is illustrated in table 3, 37.7% of employed children attended the school in 2000. The proportion of children who combine both activities has increased by 10% points from 1985. Nevertheless, nowadays a considerable proportion of working children do not attend the school in Colombia remaining as unskilled labour force in the future. This represents a warning for the country since, as it was stated above, low levels of human capital are the source of a poverty vicious circle which delays the economic growth and development. Table 3. Chidren who work and attend school year School attendance 1985 Yes No Total 1995 Yes No Total 1999 Yes No Total 2000 Yes No Total 40,299 104,453 144,752 67,197 121,921 189,118 48,946 88,110 137,056 54,786 90,492 145,277 % 27.8 72.2 100.0 35.5 64.5 100.0 35.7 64.3 100.0 37.7 62.3 100.0 Source: NHS (ENH) – Author’s calculations Although, these statistics show that there has been a high proportion of children not attending the school in the last twenty years, it is of interest to know if some of them have achieved a certain level of education. Table 4 shows the number of years that employed children have completed. Primary and secondary education in Colombia consist of 5 and 6 years respectively, therefore the basic education includes 11 years, although only 9 of them are compulsory6. In 2000, 11.4% of urban working children completed the secondary school, and 28.8% achieved and passed the compulsory basic education. In 1985, only 1.6% could finalize the secondary school and 7.9% the basic education. The “Education General Law” (Ley General de Educación) established as compulsory nine years of education since 1995. Before that Law, only primary education (5 years) was obligatory. 6 12 Since the sample consists of 12-17 year-old children, some of them have not reached the required age to complete the nine compulsory years of basic education, but all of them must have achieved at least 6 years. In 1985, only 37.9% completed those six years. This percentage increased in 2000 by 28% points, i.e. 66% of 12-17 children had completed at least 6 years of education. Although after 16 years there was an important improvement on the level of education of the working children, it is still worrying that 34% of these children have not achieved the level of education corresponding to their age. It is of special interest that between 1999 and 2000, years of recession, the proportion of children who completed the secondary school decreased by 1% point. Table 4. Years of education completed by working children years 1985 % 1995 % 1999 % 2000 % 2.9 4,201 2.2 2,915 2.1 3,429 2.4 3,535 2.4 1,862 1.0 1,154 0.8 1,926 1.3 Primary Education 4,179 1 2 9,788 6.8 7,064 3.7 4,240 3.1 3,260 2.2 3 15,364 10.6 10,482 5.5 6,551 4.8 6,652 4.6 4 17,069 11.8 12,556 6.6 8,298 6.1 7,483 5.2 5 40,053 27.7 40,288 21.3 26,661 19.5 26,650 18.3 Univ. Secondary Education 0 6 19,990 13.8 27,417 14.5 14,594 10.6 18,716 12.9 7 14,720 10.2 25,710 13.6 16,912 12.3 17,795 12.2 8 8,607 5.9 18,949 10.0 17,264 12.6 17,469 12.0 9 6,483 4.5 14,552 7.7 11,512 8.4 14,754 10.2 10 2,684 1.9 9,453 5.0 9,700 7.1 10,590 7.3 11 2,259 1.6 15,464 8.2 16,115 11.8 15,946 11.0 12 22 0.0 518 0.3 604 0.4 520 0.4 13 51 0.0 244 0.2 76 0.1 n.a 552 0.3 294 0.2 13 0.0 189,118 100 137,056 100 145,277 100 Total 144,752 100 Source: NHS (ENH) – Author’s calculations 3. Data description The relation economic growth – child labour in Colombia in this paper is examined using micro and macro data. The micro data is obtained from the National Household Survey or NHS (Encuesta Nacional de Hogares or ENH) of Colombia, performed by DANE7. It consists of a cross sectional quarterly data from 1985 to 2000. During this period, in average, the total survey consists of 18,677 observations for households and 82,895 observations for individuals each quarter. The section regarding population aged 12-17 years contains, in average, 8,260.7 observations for children and 5,377.1 per household per quarter. The complete sample details between 1985 and 2000 are in table 5. 7 National Department of Statistics (Departamento Administrativo Nacional de Estadística) 13 Table 5 Number of observations for 12-17 year-old children in NHS 1985 – 2000 TOTAL Employed Unemployed Total Children Total Households Children per household Children per total households 528683 344135 1.5 1.5 63424 45352 1.4 0.2 23296 17975 1.3 0.1 Children's activity Participating in Students Houseworking Other activity the labour force 86720 390411 27162 24390 63327 246982 18184 15642 1.4 1.6 1.5 1.6 0.3 1.1 0.1 0.1 Source: NHS (ENH) – Author’s calculations The survey contains urban information from the seven principal Colombian cities: Bogotá D.C.8, Barranquilla, Cali, Medellín, Bucaramanga, Manizales and Pasto. Rural information is not included. In 1993, DANE performed the last population census in Colombia which included 1,059 cities in total. The seven cities used in this study corresponded to 43% of the urban census in 1993. Table 6 details the population distribution in those cities in 1993. GDP data by city in Colombia is not available, but Galvis (2001) found that the 80% of the economic activity in Colombia is concentrated in the area between Bogotá, Cali, Medellín and Bucaramanga. Nevertheless, because of its population and location in the ocean Atlantic coast, Barranquilla is one of the main ports of Colombia and its economic activity is of vital importance for the country. Table 6 1993’s Colombian census Population by seven principal cities Cities Bogotá D. C. Barranquilla Bucaramanga Cali Manizales Medellín Pasto Total 7 cities Total Colombia Total 4,931,796 990,547 410,065 1,641,498 303,136 1,551,160 261,368 10,089,570 23,514,070 Males 2,334,338 469,069 192,245 775,326 142,434 714,382 121,095 4,748,889 11,211,708 Females 2,597,458 521,478 217,820 866,172 160,702 836,778 140,273 5,340,681 12,302,362 Total 21.0 4.2 1.7 7.0 1.3 6.6 1.1 42.9 100.0 Participation % Males 20.8 4.2 1.7 6.9 1.3 6.4 1.1 42.4 100.0 Females 21.1 4.2 1.8 7.0 1.3 6.8 1.1 43.4 100.0 Source: DANE - 1993 Census The survey is composed of approximately 150 variables which allow to identify the characteristics of the individuals and households and the environment that they face. The variables chosen in this paper comprise information about: Household information: size and income. Household head and spouse information: gender, age, years of education and income Children characteristics: gender, age, school attendance, number of years of education achieved, type of activity which they perform, income per month and occupation by economic sector. Identification variables for city and strata. Strata variable is an urban categorization according to the people's standard of living. It is a social and 8 Bogotá D.C is the Capital of Colombia 14 economic classification, and divides the cities by different zones or areas, i.e. it is also a geographical organization. The lowest stratum (1) represents the poorest people and the highest (6) the richest ones in each city. Income variables were deflated with the quarterly consumer price index. The base year is 1994, thus all incomes are in Colombian pesos of the fourth quarter of 1994. One Sterling Pound corresponds to approximately 1,288.2 Colombian pesos in 1994 (december) and 4,574 Colombian pesos in August 2003. Macro data involves the quarterly Colombian real gross domestic product (GDP) percapita over the same period. 4. Objectives This paper attempts to achieve two central objectives: examining the main reasons why children work in Colombia and evaluating the impact of the 1999 economic decline on labour and educational opportunities of children. In order to accomplish those two general objectives it is important to set out some specific areas of analysis. Those specific objectives will focus on: The significance of micro and macro variables of income on explaining child labour in Colombia. Are both of them relevant for the household’s decisionmaking process regarding education or working activities for their children? The relation economic growth – child labour. Is child labour pro-cyclical or contra-cyclical to GDP percapita? The effects of children and parents’ characteristics on child labour. How age, gender and educational level generate more or less probability of participating in the labour force. The coming sections will be concentrated on providing the framework to respond and achieve those general and specific objectives. 5. Literature survey Child labour has been a topic of great concern and controversy around the world. During the last ten years, an increasing number of researchers and institutions have been interested in understanding the causes and consequences of this problem in order to analyse and propose efficient policies which can alleviate it. 15 The scope of research on child labour has covered so many fields that can be ranged from individuals’ decisions to governmental laws and policies and from countries’ internal structure to foreign trade or external relations between them. This section attempts to summarise the main general findings regarding the causes and consequences of child labour and to review the specific studies that are essential to the objective of this paper. The common belief has been that poverty is the main and only reason for children to work. Bhalotra and Tzannatos (2002) have identified that there are more causes than poverty or subsistence constraints why children work. According to them child labour can be the result of supply and demand decisions. On the one hand, either household’s features or market characteristics, which household faces, can influence the supply decisions. Among the former, poverty constraints and agency are the principal factors. Firstly, if the household faces very low standards of living (or poverty), parents can be interested in sending their children to work instead to school because the family needs that additional income. Moreover, the opportunity cost of education is too high for this type of households. Secondly, agency plays an important role if parents, relatives or adult people who look after children are not altruistic enough. In that case, those adults value more their benefits from child labour than the children’s benefits from performing activities related to childhood such as education or recreation. Among the latter, incentives and imperfections in markets can determine child labour decisions. Parents can be interested in sending their children to work whether the returns to education are too low, or those to experience are high enough. In this case, the labour opportunities which households face motivate to perform economic tasks rather than educational or recreational activities. Alternatively, credit market imperfections can reinforce poverty constraints factors. When households cannot easily have access to credit, are obligated to use their children’s labour, in order to achieve better living conditions. On the other hand, wage discrimination and technology influence the demand side decisions. In some countries, imperfections in the labour market permit firms to be more attracted to employ children than adults. Those cases arise, when children can perform the same activity as adults but their salaries are lower, thus, reducing the firm’s costs. This type of discrimination would not occur in a competitive labour market, where the wages would make equal for both children and adults since their marginal productivity is the same. Regarding technology issues, industries employ children because they have qualities or attributes which make their work more efficient, compared with adults, increasing their productivity. Nevertheless, it has been historically proved that technological advances can eliminate those firm’s incentives since physical capital can substitute those children’s attributes. Some studies have investigated the relation between GDP and child labour as this study attempts to do. Nevertheless, most of them have focused on cross-country 16 evidence and the impact of globalisation and trade on the basis of anti-liberalisation arguments which claim that open markets stimulate child labour. For this reason, these studies only make use of macro data. Krueger (1996) find a negative relation between GDP percapita and children participation rates in several countries, concluding that a country’s wealth can explain 80% of the worldwide cross-country variation in child labour. Dehejia and Gatti (2002) explore the relation between child labour and borrowing constraints using aggregated data. Credit constrains are measured as the private credit by deposit money banks to GDP for each country. Taking into consideration that, in general, poverty is the main source of child labour; they include GDP percapita in the model to control income effects. Their results showed that the impact of GDP percapita, on children participation rates, is much larger than the one of the credit constraints. Becchetti and Tovato (2002) try to explain how macro economic variables (e.g GDP) can affect a social indicator such as child labour and focus their study on the effects of globalisation and trade openness. Using an intra-household bargaining model on a panel of emerging countries9, they test the hypothesis that “unskilled workers or raw material producers… have, by definition, low bargaining power and therefore do not benefit of the increased demand unless they exit the low skill trap” (p. 7). The dependent variable is the participation rate of children aged 10-14 years regressed on: the GDP percapita, transfers (aid percapita), trade openness, parental education, quality of child education, rural life and labour market conditions. The main finding in this study is that globalisation has positive effects on child labour reducing its incidence, but those benefits of globalisation “may be mitigated if poor skills… prevent emerging countries from climbing up the value chain of tradable goods” (p. 21). Cigno, Rosati and Guarcello (2002) evaluate the effect of economic liberalisation on child labour using the trade ratio as a measure of trade openness. Trade ratio is the sum of exports plus imports divided by GDP. In the estimations, they used controls for income, using GDP percapita, health expenditure and the skill composition of each country. Their main result is that globalisation increases child labour if, and only if, raises the wage rate of uneducated relative to educated workers. Moreover, they found that although there is a negative association between income and child labour, for countries with similar levels of GDP percapita, there are very large variations on their extent of child labour. Therefore, not only the GDP has an impact on child labour but also income distributions and governmental policies on health and education can have effects on child labour. There have been some other studies concerned not only about a general relation GDP-child labour, but also about the impact of income shocks on households and children labour supply. These papers are relevant for this work since the Colombian economic recession of 1999 represent a negative income shock for households. 9 Approximately 80 countries of Latin America, Asia and Africa were included 17 Nevertheless, those empirical works focused on the use of income variables at a micro level without allowing for macro income shocks. Beegle, Dehejia and Gatti (2003) and Ferraz (2003) are examples of these analysis. Beegle, Dehejia and Gatti (2003) examine how transitory income shocks can increase children labour supply if households have limit access to credit in Tanzania. Using a panel data set (micro data), they relate the hours that children work in a week to the value of crop loss due to different calamities10 (income shocks) and the value of households’ durable goods11 not connected to child labour (access to credit), controlling by individual, household and community characteristics, and fixed effects (households, time and survey round). Their results reveal two important facts. First, income shocks tend to increase the hours worked by children and second, the magnitude of this impact is much less (a half) for households which own more durable goods. Therefore, child labour is used as a financial source when households face reductions in their incomes. Ferraz (2003) utilizes household’s unemployment periods generated from economic recessions in Brazil as an exogenous negative income shock to families. He bases his hypothesis on the added worker effect12 to relate those income shocks to increases on child labour. Through a model of intertemporal labour supply and a panel database, he obtains two main findings. Firstly, in short periods of time (one month), the hours worked by children do not change when the household faces an income reduction. Thus, increases in child labour supply are only due to increases in children wages. Nevertheless, for longer periods, e.g. one year, the effects of wages lose significance, then increases in children’s labour supply only respond with changes in household income. Hence, he suggests that “at least in the short term, children are insured against shocks in household income” (p. 13) however “long lasting crisis can have pervasive effects on children by inducing them to work longer hours to cope with family shocks” (p.15). I am aware of only two empirical works which use micro and macro data to investigate the impact of macroeconomic variables on households (micro) decisions or behaviour. Ray (2000) carries out a study comparing the sources and characteristics of child labour in Peru and Pakistan. He uses micro data to prove the validity of Basu and Van’s luxury and substitution hypotheses13 in those both countries, finding that neither of them is valid in Pakistan and only the substitution one holds in Peru. Macro data on infrastructure and goods prices is used as an instrument to relate child labour to commodity markets and to control fixed Insects, rodents and fire. Radios, bicycles, fans, lamps and pots. These type of access can be used as financial source in case of negative income shocks. It excludes cash holdings, business and land, which can be related to child labour. 12 Labour supply response of wives (or other family members) to their husbands’ (household head) job losses. 13 Ray defines those hypotheses as follows: “Luxury Hypothesis: a family will send the children to the labour market only if the family’s income from non-child labour sources drops very low” and “Substitution hypothesis: child labour and adult labour are substitutes” (p. 5) 10 11 18 community effects. Moreover, the macro information was useful for Ray to propose policies which contribute to alleviate child labour. He concludes that improving social infrastructure and living conditions can contribute to reduce the probability that a child works and to increase school enrolments. Therefore, “community infrastructure variables provide effective policy instruments in influencing child participation in employment and in schooling” (Ray, p. 17) Edmonds and Pavcnik (2002) develop an investigation on the impact of changes in the rice price in Vietnam on economic activities of children. They are interested in exploring the effects of economic globalisation on child labour based on arguments of market integration opponents. They have affirmed that the free flow of commodities from developing countries to developed ones increases the economic opportunities of children to work and consequently stimulate child labour in those countries. Rice is one of the most important commodities in Vietnam. Not only, Vietnamese families base their diet on it, but also in rural areas, people produce and export rice at high scale. Moreover, a high proportion of Vietnamese children work in the agricultural sector. For this reason, rice prices have a high influence on both households’ budget and labour market opportunities for children. Edmonds and Pavcnik use a panel data of two rounds (1992-1993 and 1997-1998) of the Vietnam Living Standars Survey (VLSS). That survey allows knowing the individual, households and community characteristics; the individuals’ economic activity; households’ expenditure and wages rates. On the other hand, 1993 and 1998 rice prices regard the macro data and are available for each community in both rounds. Therefore, the data allows for regional and intertemporal changes in both the relative price of rice and child labour. They use linear probability (logit) model to estimate the probability that a child works. In a first stage, they regress a binary variable which equals one if a child j in a commune i at time t works on the natural logarithm of the real price of rice, child’s characteristics, season and year controls, and commune fixed effects. They found that the increases on relative rice prices result in a significant reduction of child labour. Nevertheless, they realised that the benefits (damages) of price increments depends on the household’s contact to rice economic activities. Producers gain from price rises but consumers lose because they have to pay more for rice. For this reason, in a second stage they classify the households in three groups: (rural) producers, (urban) consumers and those (mixed areas) who are not directly producers but perform related activities to rice production. Through this differentiation, the authors found that prices have a positive effect on child labour only for producers and those children related to rice-agricultural activities. Since the sample was not big enough for urban and mixed communities, the analysis remains only for rural households. Then, they divide the sample in two groups: households where all children work and those where no children work and estimate logit models using them as dependent variables. They find that increases in prices not only reduce the probability that a child works but also that all children of 19 the same household work, as well as increases the probability that no children of the same household work. In a third stage Edmonds and Pavcnik explore the possibility of spurious regression between child labour and rice prices allowing for household fixed effects instead of commune fixed effects, interacting region dummies with time and including community’s accessibility. Those estimations did not show evidence of spurious regression. Additionally, they take into account infrastructure improvements in the model as a possibility of omitted heterogeneity which could produce spurious regression. The possible infrastructure improvements were in: roads, electricity, irrigation, schools, health or other. Those estimations generated similar results to those previously obtained, confirming their robustness. The fourth stage consisted of considering idiosyncratic shocks to either rice prices or child labour which could be another source of a spurious relation between them. In order to do that, the change (declining) in child labour (∆c) was regressed on the change in rice price (∆p) using the instrumental variables model (2SLS). This estimation was done including controls for region, commune accessibility and improvements in either schooling or total infrastructure. The results were consistent with those obtained previously: an increase in rice prices declines the incidence of child labour in Vietnamese rural areas. Thus, no evidence of spurious regression was found due to idiosyncratic shocks. In the further stages, the authors analyse the mechanism through which rice prices affect child labour. Firstly, they include differences in landholdings to capture the impact of prices on households consistent with their heterogeneity: “land is an important input into rice production, and households with greater production capacity should benefit more from price increases” (p. 20) and subsequently, control for land redistribution. The results showed that children who work in households, which own greater areas of land, are the main beneficiaries of the rice prices increase. Secondly, they examine the effect of wages. Since, rice is the main agricultural commodity in Vietnam, its price increases must raise the marginal productivity of labour and therefore the wages in agriculture. This increase enlarges the incentives to work instead of studying for children, so the effect should be an increase in child labour supply. Allowing for this effect, the author included wages variables in the model. They found that child wages do encourage children to work but increments in adult wages counteract this effect, i.e. adult wages are related to less child labour. The total effect is consistent with a negative relation between rice prices and child labour. Finally, they consider children gender and age differences concluding that “rice price increases are associated with the largest declines in child labour for the age and gender groups that have the highest participation rates” (Edmonds and Pavcnik, p. 29). 20 6. Methodology and results a. Graphical examination A first step in this study is a graphical examination of a child labour–GDP relation. This examination has two objectives, firstly to check if there were significant changes on the level of children participation rates during the economic recession of 1999 and, secondly, to contrast GDP and child labour. Initially, the participation rate of employed children14 was regressed on time dummies, which identified each year of the sample between 1986 and 200015, and city dummies, using OLS estimations. Table 7 contains the results of this estimation. The estimated coefficients are significant since 1996 and show steady reductions in the employed children participation with respect to 1985’s rates. All dummies for cities are significant. Graph 8 shows the fitted values of this participation rate obtained from the last regression. It is evident that there was a dramatic level change on the children participation rate in late nineties which in part can be a consequence of the economic behaviour of this period. Nevertheless, other factors, different form economic ones, are also included in time dummies and could have had effects on households’ decisions causing these changes. The next step consisted on regressing, by OLS16, the participation rates of employed children on the natural logarithm of total GDP percapita (lnGDPpc) and its square, calculating, then, the fitted values and plotting them against the lnGDPpc. These results are showed in graph 9. The relation GDP-child labour is strongly negative. As the GDP percapita grows the participation rate of employed children decreases which could reflect that poverty is the main reason why children work, because they need to contribute to household’s income. Graph 10 present the evolution of the fitted values on time (quarterly data from 1985 to 2000)17. It confirms the change in participation rates levels found in the first results of this graphical examination (graph 8). b. Models specification and results The incidence of the GDP on child labour in Colombia is examined estimating the probability that a child performs activities related to either labour market or education. The estimations will be obtained using probit models since they allow estimating the probability of occurrence of an event when the dependent variable is binary, This is an aggregate (population) variable calculated as the ratio of employed children to 12-17 years old population. 15 1985 was the dropped year. 16 Table 8 shows the estimated coefficients. 17 There are 64 quarters in the sample. Stata identifies quarterly dates with numbers beginning with 100 for the first quarter of 1985. 14 21 assuming that the error term is normally distributed. The general specification of a probit model is: y* = α ' X + u y=1 y=0 if the event occurs if not Where: y* → is the dependent variable α → is the vector of parameters X → is the matrix of independent variables u → error term – normally distributed The choice process of explanatory variables (X matrix) attempt to follow three main objectives: first, the variables must identify the household and environment characteristics that children face; second, not to be endogenous and third, capture micro, macro and time effects. In total 46 variables were used but not all of them entered in all of the estimations. Table 9 contains the description of these variables. Three sets of alternative estimations will be done to analyse the incidence of GDP percapita on child labour in Colombia. The first step will be to estimate a model with time dummies which will identify the changes on probabilities of child labour and schooling over the sample period. The second step consists of understanding the general reasons why children work and analysing micro against macro effects. Finally, the third step will allow for a quadratic relation of GDP-child labour. i. Time effects Given that the subject of interest is the urban children labour force behaviour, under the argument that more children enter to the labour market, during the recession period, two models regarding this area were defined. The binary dependent variable for each of them reflects whether the child is employed or attending school. The complete specification of the model for a child i in stratum s in city c at quarter q at year t is: yiscqt * = α1Tt + α 2 ln( HHHY )iscqt + α 3 ln( HHHS )iscqt + β i ' X isctq + δ s + λc + u (1) Where y* is either the probability that a child works or attends the school18, Tt are time dummies which equal one for each year on the sample and zero otherwise, the omitted year is 1985. Time variables are included to allow for economic growth and crisis’ effect. The GDP percapita is not included in the model since is collinear to the time dummy variables. ln(HHHY) and ln(HHHS) are the natural logarithm of household head’s and spouse’s income respectively. X i describes the child’s, household head’s and spouses’ characteristics19, and the household size20. The y = 1 if the individual reports either being employed or attending the school, y = 0 otherwise. Household head and his spouse are the child’s parents in 81.9% of the sample, but they can also be relatives different from parents (13.2%). 18 19 22 individuals’ characteristics are: gender, age, parents’ education and parents’ education square. Children’s education is omitted because of is endogeneity. δ s and λ c are dummies which control for unobservable environment characteristics and identify strata and cities, i.e. stratum and city fixed effects. Finally, u is the error term normally distributed. When a child enters the labour market one of two events can occur: first, they dropped out education or, second, began to combine school and work. If the first event occurs, the effect of the GDP will be a reduction in school attendance, but if the second one takes place, the latter will not be affected. It is of a big interest in this study to examine these effects; one of the main concerns of the Colombian government was the children’s dropping out of school as an economic crisis result. For this reason, school attendance is also a binary dependent variable in the model. Table 10 contains the estimated coefficients of this model. I plotted them with the GDP percapita growth, in graph 11, in order to compare the evolution of child labour and economic progress over the sample period. The graph shows a contra-cyclical pattern between economic growth and employed children until 1995. From 1996, it seems that there was a change in this pattern and a pro-cyclical behaviour arises. This is of particular interest, since some Colombian economists have affirmed that the first signs of recession appeared in 1996. DNP (2002) states that in 1996 the Colombian economy initiated a negative trend that the government attempted to prevent through short run polices in 1997-1998, which generated an economic bubble. This bubble turned into the worst recession in 1999 because increased the market interest rates, promoted a monetary attack and caused a crisis in the financial sector. The recession seems to generate a decrease in the probability that children work in Colombia since 1996. During this period firms faced a profound reduction of their profits which force them to reduce their costs. In order to do so, firms decide to lay their employees off. This situation not only increased the unemployment rate but also reduced the labour demand. For this reason, possibly, the firms’ demand for any labour force had dropped so much that the possibility to get a job for a child 12-17 during the crisis was too low. On the contrary, the probability of school attendance remained approximately constant from 1994, showing a slightly increase during the recession period 1998-2000 (graph 12). This could have been the result of families’ decision to avoid children’s idleness. Since the economy was not allowing them to work, it was better to send them to school rather than remain at home doing nothing. Moreover, public21 basic education in Colombia is free, thus the cost of education is low and the opportunity cost of education had decrease as a consequence of the few economic opportunities for children. 20 21 Although household size can be endogenous, this variable was included in all of the estimations. That one provided by the government 23 ii. Micro vs macro effects The previous model is one of the alternatives to analyse the effects of GDP on child labour and school attendance. Nevertheless, it has the disadvantage that time dummies not only reflect the behaviour of the economy but also can include external effects such as weather, social conducts, government policies and other factors. For this reason, another way to evaluate the effects of GDP on child labour is including the GDP percapita as an explanatory variable. On the other hand, the Colombian government affirmed that one of the causes of high child’s unemployment in late nineties was the reduction of households’ income (DNP, 2002), which is a micro variable. Therefore, it is of the interest of this study to include micro income effects, in addition to GDP per capita, as explanatory variables, regardless of its endogeneity. This allows analysing whether the decisions of the households are determined only as response of their private situation, or take into account their perception of the whole economic situation. The people’s expectations, uncertainty and risk aversion are very important in economics. Several times, agents are influenced by their environment or government policies as much as their personal situation. The Colombian Households Survey gives several types of household’s income variables: labour income, self-employment income, income from other sources, total income, household head’s and spouse’s total income. I had to decide which could be the less endogenous. Any classification of the household’s income (labour, self employment and other sources) includes the child’s income because they mainly work in commerce activities which sometimes are related to informal sector and considered as self employment in the survey. In addition, children work in the personal services sector as employees, therefore, both households’ labour and nonlabour income contains child’s income. For these reasons, their endogeneity is more critical than taking into account only the parent’s income. These two variables were included in the second set of estimations. The specification of this model is: y iscqt * = α 1 ln(GDPpc) qt + α 2 ln( HHHY ) qt + α 3 ln( HHHS ) qt + β i ' X isctq + δ s + λc + u (2) Where y* is either the probability that a child works or attends the school22, ln(GDPpc) is the natural logarithm of GDP percapita, ln(HHHY) and ln(HHHS) are the natural logarithm of household head’s and spouse’s income, respectively; and the rest of the variables keep the previous description. Table 11 provides the results of this model. Column 1 presents the estimates of α 1 , α 2 and α 3 for employed children and column 2 for school attendance. α̂ 1 reveals that child labour is contra-cyclical and school attendance pro-cyclical to economic growth. This implies that increases in economic productivity reduces the probability of children to work and stimulates their education. A 10 percent increase in GDP 22 y = 1 if the individual reports being employed or attending the school, y = 0 otherwise. 24 percapita is associated with a 0.57 percentage point decline in child labour and 0.79 percentage point increase in school attendance. These results are crucial on explaining child labour. On the one hand, it could be affirmed that poverty is the principal reason why children work. When economy grows and people are better off, children do not need to work in order to contribute to support household’s expenditures. On the other hand, economic growth encourages children to study. As GDP increases, the probability to attend school is higher. Those both previous results are highly related to the opportunity cost and returns of education and experience. Since children mainly work because of poverty constraints, the opportunity cost of education is too high at low levels of GDP and the returns to work and experience overcome the future returns to education. Nevertheless, since parents send their children to school when family does not need that additional income, a signal that the returns to education are high23 in Colombia arise. In fact, Blom and Hansen (2002) have studied the returns to education in Colombia and found large differences in salaries by level of education. Table 12 has been taken from Bloms’ and Hansen’s study and shows that wages for tertiary education are approximately three times those of primary and secondary school. Blom and Hansen have also found that the returns of tertiary and postgraduate education have increased considerably from 1980 to 2000, while those to primary and secondary school have remained constant over the same period. In late nineties, the returns to university education were two times those in 1980 while the returns to secondary school have only decreased in two decades by 0.8 percent points. Consequently, when families have been able to overcome poverty constraints or satisfied a certain level of subsistence needs24, those high levels of returns to education generate incentives to send children to school instead of work. The estimated coefficients of α 2 and α 3 confirm the families’ poverty constraints as the main cause of child labour. Micro income effects are significant and reveal that higher levels of household’s head income have a positive effect on child labour, reducing it, and increase the educational opportunities of children. An increase of 10% in father’s earnings reduces the probability that a child work by 0.05% and increases the probability of studying by 0.19%. Mother’s earnings are not significant for child labour, however also encourage child’s education. In conclusion, both macro an micro variables are relevant for the household’s making choice process regarding education and working activities of their children and reflect a negative relation income-child labour which arises from poverty constraints and a positive relation school-income, due possibly to high returns to education. Or the opportunity cost of education is low due to high future expected incomes. Bhalotra (2003) have found evidence that the boy’s income in Pakistan is necessary to reach the subsistence expenditures of the households. This implies that if a household cross this “subsistence frontier” boy’s child labour is not necessary and they can perform activities related to childhood. 23 24 25 The model includes controls for children and parents characteristics. These variables are also important for the objective of explaining the causes of child labour. As it can be seen in table 11, the differences by gender indicate that boys tend to work and attend school more than girls do. Children’s age increases their probability of participating in the labour force and decreases the one of being student and household size has negative effects on child labour and education. With respect to parent’s characteristics, household head’s and spouse’s gender are not significant for child’s educational and working choices. On the contrary, as it was expected, parents’ age and education reduces the probability that children work and increases their education. Since I have included micro income variables in both previous models, it is relevant to know if the macro income variable is significant for the incidence of child labour by itself without allowing for micro effects. Moreover, the endogeneity of parents’ income can be a source of spurious correlation between GDP percapita and child labour. For this reason a third model will be estimated taking into account only macro effects. The model specification is now: y iscqt * = α 1 ln(GDPpc) qt + β i ' X isctq + δ s + λ c + u (3) Where y* is either the probability that a child works or attends the school25, ln(GDPpc) are the natural logarithm of GDP percapita, and the rest of the variables keep the initial description. Table 13 presents the estimates of equation (3). α̂ 1 is significant for both child labour and school attendance, and the magnitude of the coefficients are not altered considerably, specially for child labour. This effect is associated to households’ expectations, uncertainty and risk aversion. As it was indicated previously in this paper, Bhalotra and Tzannatos (2002) observed that the poorer the household the more risk aversion and, hence, more probability to send children to work in order to diversify its sources of income. If the economy, as a whole, faces a negative income shock, families are motivated to employ their children as a way to insure them against the risk of a income loss and as a way to smooth their consumption26. This implies that expectations and uncertainty on economic behaviour lead families to use child labour because of their risk aversion. The exclusion of micro effects slightly weakens the relation GDP-school attendance. Nevertheless, the impact of GDP on school attendance is still high and significant, suggesting that the economic growth promote higher educational levels possibly through generating higher salaries for more educated people, i.e. increasing the returns to education and decreasing its opportunity cost. y = 1 if the individual reports being employed or attending the school, y = 0 otherwise. Some studies have shown that this effect is deeper if families face credit constraints. See for example Dehejia and Gatti (2002) and Beegle, Dehejia and Gatti (2003). 25 26 26 iii. Quadratic GDP Finally, it is of interest to evaluate a quadratic relation child labour and GDP percapita instead of a simple linear one. This could be done including in the models (2) and (3) the square of ln(GDPpc). Nevertheless, this was not possible to perform for the probit models. Due to the data has in average 8,260 observations (individuals) by quarter and the GDP is available only quarterly, the GDP and its square generated collinearity because of the lack of enough observations. For this reason, it was necessary to collapse the data by quarter and use the linear regression technique (OLS) to be able to do these estimations. The quarterly collapsed values for the binary variables which identify employment and school attendance were regressed on the lnGDPpc and its squared. The new model is given by the equation: y iscqt * = α 1 ln(GDPpc) qt + α 2 [ln(GDPpc) qt ] 2 + C + u (4) Where y* is the mean27 of the binary variables stated above, i.e. either the participation rate of employed children or the proportion of children attending the school; ln(GDPpc) is the mean of the natural logarithm of GDP percapita; [ln(GDPpc)]2 is the mean of the natural logarithm of GDP percapita squared; C is the constant and u is the error term which contains the omitted variables. The results are reported in table 14. The results for employed children and school attendance confirm those obtained above. At low levels of GDP percapita more children enter to work as part of the Colombian labour force. Nevertheless, as the GDP grows their incentives to work are reduced. The turning point28 of this quadratic ∂y * relation, calculated as the derivative = 0 , is at a ln(GDPpc) value equal ∂ ln(GDPpc) to 12.8. During the recession period (1999-2000) the ln(GDPpc) was in average 12.99 which is on the right hand side of the maximum, i.e. more children were entering to the labour force as a result of poverty constraints. In the same way, at low levels of GDP percapita, school attendance increases but when the GDP is too high, the economic opportunities generated by this growth create incentives for children to work instead of study, consequently, decreasing the school attendance. The turning point, in this case, occurs at a ln(GDPpc) value of 13.06. Since, in this case, the value of the natural logarithm of GDP during recession is less than the turning point, the economic reduction possibly caused a decline in children’s school attendance. Graph 13 plots the fitted values obtained from equation (4) against ln(GDPpc). It confirms the negative relation GDP-child labour and the positive relation GDPeducation. The higher the economic growth the fewer children’s incentives to work “Collapse” command in Stata calculates the mean of the binary variables which have values y = 1 if the individual reports being employed or attending the school, y = 0 otherwise. 28 The turning point is either the maximum or minimum of the function, where the slope, i.e. the marginal value, is equal to zero. 27 27 and the higher school attendance. Graph 14 also plots the fitted values of model 4 on the sample period29. It shows how in the recession period 1998-2000 (quarters 152163) more children could have entered labour market. It is important to notice that school attendance, during the same quarters, remains approximately constant, possibly as a result of the children’s combination job-school. 7. Conclusions This paper has examined the link between micro and macro income, child labour and educational opportunities for children in Colombia and has analysed the impact on the activities performed by children during the economic recession of 1999. It has described the economic and political context which led to that crisis and the extent and main features of child labour in Colombia. An important contribution of this paper is the use of micro and macro data in the estimations since they allow analysing micro and macro reasons of why children work. I have found that both households’ earnings and economic growth influence families’ decisions regarding child labour and education. The economic behaviour generates expectations and uncertainty which through household’s risk aversion affect positively or negatively the likelihood to send children to work or school. Through empirical results, I have shown that child labour is contra-cyclical and education is pro-cyclical to Colombian economic growth. Therefore, higher levels of social income increase the children’s welfare providing them with more education and less economic responsibilities. This implies that children in Colombia work, mainly, as a result of poverty constrains. The late nineties’ economic crisis impact on child labour and education was a sharp increase of children involved in the labour force and a slight decrease of school attendance. The new challenge for the government after 1999’s recession is to generate incentives to families and children to be full time students. The principal strategy to achieve this objective is alleviating people’s poverty constraints. In general, the economic growth required to reduce poverty is very difficult to reach in the short run; hence, it is necessary to apply other policies which can rapidly contribute to this purpose. Some studies have demonstrated that limited access to credit and an inequitable income distribution make stronger the effects of poverty constraints. Dehejia and Gatti (2002) have proved that credit constrains are an important source of child labour since families, which cannot borrow money, employ children as a way to smooth their consumption. Cigno, Rosati and Guarcello (2002) found that a group of countries with similar levels of GDP percapita show very large variations in child labour. Therefore, not only the GDP percapita can affect children’s labour There are 64 quarters in the sample. Stata identifies quarterly dates with numbers beginning with 100 for the first quarter of 1985. 29 28 participation but also income distributions and governmental policies on health and education can influence household’s labour decision. From this previous analysis, two main areas for further research arise regarding the effects of households’ access to credit and income distribution in Colombia on child labour. Another important area of further research is how the economic liberalization of 1993 affected the incidence of child labour. This area requires additional examination, especially because it could contribute to define other types of strategies for the government such as educational policies. Some studies30 have found that globalisation can diminish child labour, if and only if the country owns a high level of human capital when the economic liberalisation occurs. Hence, if this was not the Colombian case, educational policies must focus on generating higher levels of human capital. References Bhalotra, S. (2003). “Is Child Work Necessary?”. University 1`of Bristol. Discussion Paper 03/554. Bhalotra, S. and Tzannatos, Z. (2002) “What Have We Learnt?”. The World Bank Social Protection Discussion Paper, December 2002 Becchetti, L. and Tovato, G. (2002). “The Child Labour–GDP percapita Relationship: is there something beyond it?”. Vergata University, CEIS. Departmental Working Papers No. 171. Beegle,K., Dehejia, R. and Gatti, R. (2003). “Child Labour, Income Shocks and Access to Credit”. Mimeo. Blom, A. and Hansen, T. (2002) “Economic Perspectives of Tertiary Education; The Case of Colombia”. World Bank, Department of Human Development, LCSHD Paper Series. July. Cardenas, M. (2001). “Economic growth in Colombia: A reversal of "Fortune"?”. Harvard University, Centre for International Development. Working paper # 83 Cigno, A., Rosati, F. and Guarcello, L. (2002). “Globalisation and Child Labour”. In Harnessing Globalisation for Children: A report to UNICEF edited by Giovanni Andrea Cornia. Chapter 6. 30 See for example: Becchetti, L. and Tovato, G. (2002) and Cigno, Rosati and Guarcello (2002) 29 Dehejia, R. and Gatti, R (2002). “Child Labor: The Role of Income Variability and Access to Credit across Countries”. NBER Working Paper Series. Working paper No. 9018. June. DNP (2002). “Balance macroeconómico 1998-2002 y Perspectivas para 2003”. Bogotá: National Planning Department. Documento Conpes No. 3181. Edmonds, E. and Pavcnik, N. (2002). “Does Globalization Increase Child LAbour? Evidence From Vietnam”. NBER Working Paper Series. Working paper No. 8760. February. El Tiempo, 9 of July of 2003. “Familias Colombianas están invirtiendo menos dinero en la educacion de sus hijos”. Newspaper Article. Ferraz, C. (2003). “The impact of income Shocks on Child Labour: Evidence from Brazil”. ARE, University of California – Berkeley. Mimeo. Galvis, L. (2001). “La Topografía Economica de Colombia”. Banco de la República, Cartagena. Documentos de trabajo sobre economía Regional No. 22. Krueger, A. (1996). “Observations On International Labor Standars and Trade”. NBER Working Paper Series. Working paper No. 5632. June Ray, R. (2000). “Analysis of Child Labour in Peru and Pakistan: A Comparative Study”. Journal of Population Economics, 13, 3 – 19. United Nations, DNP and ICBF (2003). “Familias Colombianas: estrategias frente al riesgo”. Bogotá. 30 Table 7. Graphical examination results (1) ECPR 1 T86 -0.002 (0.44) T87 0.008 (1.53) T88 0.004 (0.91) T89 0.007 (1.51) T90 0.001 (0.15) T91 -0.001 (0.25) T92 0.014 (2.83)** T93 0.002 (0.43) T94 -0.005 (1.08) T95 -0.007 (1.43) T96 -0.016 (3.16)** T97 -0.020 (3.97)** T98 -0.024 (4.79)** T99 -0.035 (7.21)** T00 -0.028 (5.72)** C1 -0.062 (18.94)** C2 0.038 (11.57)** C3 -0.038 (11.79)** C4 -0.048 (14.76)** C5 -0.058 (17.93)** C6 -0.019 (5.69)** Constant 0.159 (38.85)** Observations 448 R-squared 0.80 Absolute value of t statistics in parentheses * significant at 5%; ** significant at 1% 1. ECPR: Employed children participation rate 31 Graph 8. Fitted Employed Children Participation Rate Employed children Fitted values .145823 .096382 1985 1987 1989 1991 1993 year 1995 Table 8. Participation Rates Results (1) ECPR lnGDPpc 9.550 (1.22) lnGDPpc2 -0.373 (1.23) Constant -61.005 (1.20) Observations 448 R-squared 0.04 Absolute value of t statistics in parentheses * significant at 5%; ** significant at 1% 32 1997 1999 Graph 9. Fitted Employed Children Participation Rate vs GDP Employed children Fitted values .135645 .108159 12.7907 lnGDPpc 13.0753 Graph 10. Fitted Employed Children Participation Rate vs. Quarters Employed children Fitted values .135645 .108159 100 104 108 112 116 120 124 128 132 136 140 144 148 152 156 160163 qdate 33 Table 9. Variables Description Variable name year quarter deflact ide004 ide010 HHsize HHHmale HHHage HHHeduc HHSfemale HHSage HHSeduc edu001 educ ftr001 boy age HHHeduc2 HHHY lnHHHY HHSeduc2 HHSY lnHHSY empch STch HWch GDPpc lnGDPpc lnGDPpc2 C1 C2 C3 C4 C5 C6 C7 S1 S2 S3 S4 S5 S6 Description Obs 528683 528683 528683 528683 528683 528676 528676 528650 527218 401393 401388 400731 528676 528373 528671 528683 528683 527218 528683 490136 400731 528683 297699 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 528683 stratum city household size household head's gender household head's age years of education of household head spouse's gender spouse's age years of education of spouse school attendance child's years of education achieved child's activity boy age years of education of household head^2 household head's total income ln (household head's total income) years of education of spouse^2 spouse's total income ln (spouse's total income) dummy variable for employed children dummy variable for students dummy variable for houseworking children GDP percapita ln(GDP percapita) ln(GDP percapita) squared dummy variable for city 1 dummy variable for city 2 dummy variable for city 3 dummy variable for city 4 dummy variable for city 5 dummy variable for city 6 dummy variable for city 7 dummy variable for stratum 1 dummy variable for stratum 2 dummy variable for stratum 3 dummy variable for stratum 4 dummy variable for stratum 5 dummy variable for stratum 6 34 Mean 1992.072 2.478932 0.8603962 2.822625 3.756213 5.955599 0.7788229 45.87326 6.824037 0.978739 40.86862 6.64293 0.8122517 6.511031 3.850718 0.485009 14.54764 65.16997 335066.3 12.34551 59.48941 65400000 14.87416 0.119966 0.7384595 0.0513767 419137.1 12.94265 167.5189 0.174057 0.1135558 0.2186774 0.0693856 0.2077937 0.1332122 0.0833184 0.0809029 0.2681872 0.4629182 0.1350601 0.0412364 0.0116951 Std. Dev. Min Max 4.604451 1985 2000 1.130251 1 4 0.7086073 0.1158517 2.370848 0.9826498 1 6 1.915854 1 7 2.277456 1 43 0.4150399 0 1 11.01939 10 98 4.313065 0 21 0.1442532 0 1 9.11643 12 98 3.919302 0 21 0.3905114 0 1 2.336885 0 18 1.531438 1 9 0.4997757 0 1 1.70852 12 17 74.53658 0 441 588866.6 0 27600000 0.9388687 -0.8632479 17.13322 64.22209 0 441 166000000 0 8.63E+08 3.692526 0.3328151 20.57612 0.3249221 0 1 0.439474 0 1 0.2207651 0 1 33877.51 358854 477015.8 0.081448 12.79067 13.0753 2.107149 163.6012 170.9636 0.3791589 0 1 0.3172712 0 1 0.4133496 0 1 0.254109 0 1 0.4057287 0 1 0.3398042 0 1 0.2763631 0 1 0.2726862 0 1 0.443016 0 1 0.4986235 0 1 0.3417881 0 1 0.1988368 0 1 0.1075097 0 1 Table 10. Results Model 1. T86 T87 T88 T89 T90 T91 T92 T93 T94 T95 T96 T97 T98 T99 T00 boy (1) (2) empch school attendance -0.001 0.002 (0.25) (0.36) 0.006 -0.003 (1.41) (0.55) 0.012 0.001 (2.60)** (0.24) 0.013 0.001 (2.86)** (0.26) 0.007 0.017 (1.50) (3.59)** 0.008 0.013 (1.80) (2.74)** 0.023 0.004 (5.14)** (0.75) 0.013 0.003 (2.89)** (0.74) 0.005 0.021 (1.08) (4.60)** 0.005 0.019 (1.12) (4.31)** -0.014 0.021 (3.30)** (4.59)** -0.009 0.014 (2.19)* (3.15)** -0.015 0.019 (3.64)** (4.12)** -0.029 0.023 (7.14)** (5.05)** -0.022 0.027 (5.23)** (5.89)** 0.022 0.032 (14.92)** (19.23)** age 0.047 -0.062 (97.77)** (111.01)** HHsize 0.005 -0.009 (11.18)** (20.02)** HHHmale -0.022 0.013 (1.59) (0.77) HHHage -0.001 0.002 (9.23)** (12.08)** -0.010 0.015 HHHeduc (14.20)** (20.16)** HHHeduc2 0.000 -0.001 (12.22)** (16.67)** HHSfemale -0.001 0.013 (0.07) (0.81) continuates 35 Table 10. Continuation HHSage HHSeduc2 lnHHHY (1) (2) empch school attendance -0.003 0.003 (19.90)** (18.88)** (19.89)** (29.65)** 0.001 -0.001 (17.82)** (24.63)** -0.008 0.020 (6.96)** (16.89)** lnHHSY -0.001 0.006 (1.15) (6.27)** S1 -0.031 -0.020 (5.20)** (2.46)* S2 S3 -0.038 0.000 (6.74)** (0.05) -0.050 0.032 (8.58)** (4.45)** S4 -0.033 0.028 (6.15)** (4.13)** S5 -0.013 0.003 (2.09)* (0.40) C1 -0.057 0.057 (21.97)** (19.21)** 0.025 -0.007 (8.24)** (1.96)* -0.030 0.042 C2 C3 C4 C5 C6 Observations (11.44)** (14.21)** -0.046 0.026 (14.26)** (6.71)** -0.046 0.018 (17.74)** (5.84)** -0.020 0.019 (6.82)** (5.56)** 158194 158194 Robust z statistics in parentheses * significant at 5%; ** significant at 1% 36 Graph 11. Probability of Child Labour vs. GDP percapita 0.07 0.05 0.03 0.01 -0.01 -0.03 Estimated probabily of being an employed child GDPpercapita growth 2000 1999 1998 1997 1996 1995 1994 1993 1992 1991 1990 1989 1988 1987 1986 -0.05 Graph 12. Probability of School Attendance vs. GDP percapita 0.07 0.05 0.03 0.01 -0.01 Probability of attending the school -0.03 GDPpercapita growth 37 T00 T99 T98 T97 T96 T95 T94 T93 T92 T91 T90 T89 T88 T87 T86 -0.05 Table 11. Results Model 2 (1) (2) empch School attendance lnGDPpc -0.060 0.095 (6.19)** (8.63)** boy 0.022 0.032 (14.64)** (19.32)** age 0.047 -0.062 (97.52)** (111.03)** HHsize 0.005 -0.009 (11.34)** (20.19)** HHHmale -0.024 0.014 (1.69) (0.83) HHHage -0.001 0.002 (9.25)** (12.05)** HHHeduc -0.010 0.015 (14.35)** (20.22)** HHHeduc2 0.000 -0.001 (12.08)** (16.61)** HHSfemale 0.003 0.012 (0.21) (0.72) HHSage -0.003 0.003 (20.30)** (19.00)** HHSeduc -0.014 0.023 (20.30)** (29.84)** HHSeduc2 0.001 -0.001 (17.72)** (24.62)** lnHHHY -0.005 0.019 (4.68)** (16.32)** lnHHSY 0.000 0.006 (0.23) (5.77)** S1 -0.030 -0.021 (4.98)** (2.59)** S2 -0.037 -0.001 (6.55)** (0.07) S3 -0.049 0.031 (8.30)** (4.30)** S4 -0.032 0.027 (5.83)** (3.96)** S5 -0.012 0.002 (1.94) (0.30) C1 -0.055 0.057 (21.13)** (19.06)** C2 0.028 -0.007 (9.03)** (2.09)* C3 -0.027 0.042 (10.17)** (14.12)** C4 -0.047 0.026 (14.49)** (6.74)** C5 -0.045 0.018 (16.85)** (5.61)** C6 -0.018 0.018 (6.15)** (5.45)** Observations 158194 158194 Robust z statistics in parentheses * significant at 5%; ** significant at 1% 38 Table 12 Large differences in earnings due to education (Earnings by level of education 2000) Education level No schooling Primary Secondary Tertiary Total workforce Wage (Monthly) ('000 Col$) 137 208 278 886 323 Wage (Monthly) (USD$) 62.4 94.7 126.2 402.7 146.7 Source: Blom and Hansen (2002), p. 4. 39 Wage in percentage of average 42.6% 64.6% 86.1% 274.5% 100.0% Table 13. Results Model 3 (1) (2) empch School attendance lnGDPpc -0.057 0.079 (5.88)** (7.17)** boy 0.022 0.032 (14.62)** (19.23)** age 0.047 -0.061 (97.43)** (110.59)** HHsize 0.005 -0.009 (11.19)** (19.62)** HHHmale -0.026 0.021 (1.85) (1.26) HHHage -0.001 0.002 (9.37)** (12.18)** HHHeduc -0.010 0.016 (14.43)** (20.65)** HHHeduc2 0.000 -0.001 (11.77)** (15.52)** HHSfemale 0.002 0.012 (0.16) (0.76) HHSage -0.003 0.003 (20.20)** (18.81)** HHSeduc -0.015 0.024 (20.64)** (31.02)** HHSeduc2 0.001 -0.001 (17.91)** (24.50)** S1 -0.026 -0.047 (4.29)** (5.58)** S2 -0.033 -0.022 (5.90)** (2.96)** S3 -0.045 0.013 (7.75)** (1.90) S4 -0.029 0.017 (5.43)** (2.39)* S5 -0.011 -0.002 (1.76) (0.31) C1 -0.055 0.058 (21.17)** (19.35)** C2 0.027 -0.003 (8.75)** (0.91) C3 -0.029 0.052 (11.26)** (18.19)** C4 -0.046 0.025 (14.40)** (6.36)** C5 -0.045 0.021 (17.09)** (6.67)** C6 -0.020 0.025 (6.68)** (7.51)** Observations 158194 158194 Robust z statistics in parentheses * significant at 5%; ** significant at 1% 40 Table 14. Results Model 4 (1) (2) (mean) empch (mean) School Attendance (mean) lnGDPpc 8.448 18.884 (1.18) (3.38)** (mean) lnGDPpc2 -0.330 -0.723 (1.19) (3.35)** Constant -53.978 -122.532 (1.16) (3.39)** Observations 64 64 R-squared 0.22 0.68 Absolute value of t statistics in parentheses * significant at 5%; ** significant at 1% Graph 13. Collapsed fitted values vs. GDP percapita Employed children Fitted values .127444 .104141 12.7907 (mean) lnGDPpc 13.0753 School attendance Fitted values .828043 .773703 12.7907 (mean) lnGDPpc 41 13.0753 Graph 14. Collapsed fitted values vs. Quarters Employed children Fitted values .127444 .104141 100 104 108 112 116 120 124 128 132 136 140 144 148 152 156 160163 qdate School attendance Fitted values .828043 .773703 100 104 108 112 116 120 124 128 132 136 140 144 148 152 156 160163 qdate 42 ARCHIVOS DE ECONOMIA No Título Autores Fecha 1 La coyuntura económica en Colombia y Venezuela Andrés LANGEBAEK Patricia DELGADO Fernando Mesa Parra Octubre 1992 2 La tasa de cambio y el comercio colombo-venezolano Fernando Mesa Parra Andrés LANGEBAEK Noviembre 1992 3 ¿Las mayores exportaciones colombianas de café redujeron el precio externo? Carlos Esteban POSADA Andrés LANGEBAEK Noviembre 1992 4 El déficit público: una perspectiva macroeconómica. Jorge Enrique RESTREPO Juan Pablo ZÁRATE Carlos Esteban POSADA Noviembre 1992 5 El costo de uso del capital en Colombia. Mauricio OLIVERA Diciembre 1992 6 Colombia y los flujos de capital privado a América Latina Andrés LANGEBAEK Febrero 1993 7 Infraestructura física. “Clubs de convergencia” y crecimiento económico. José Dario URIBE Febrero 1993 8 El costo de uso del capital: una nueva estimación (Revisión) Mauricio OLIVERA Marzo 1993 9 Dos modelos de transporte de carga por carretera. Carlos Esteban POSADA Edgar TRUJILLO CIRO Alvaro CONCHA Juan Carlos ELORZA Marzo 1993 10 La determinación del precio interno del café en un modelo de optimización intertemporal. Carlos Felipe JARAMILLO Carlos Esteban POSADA Edgar TRUJILLO CIRO Abril 1993 11 El encaje óptimo Edgar TRUJILLO CIRO Carlos Esteban POSADA Mayo 1993 12 Crecimiento económico, “Capital humano” y educación: la teoría y el caso colombiano posterior a 1945 Carlos Esteban POSADA Junio 1993 13 Estimación del PIB trimestral según los componentes del gasto. Rafael CUBILLOS Junio 1993 Fanny Mercedes VALDERRAMA 14 Diferencial de tasas de interés y flujos de capital en Colombia (1980-1993) Andrés LANGEBAEK 15 Empleo y capital en Colombia: nuevas estimaciones (1950-1992) Adriana BARRIOS Septiembre 1993 Marta Luz HENAO Carlos Esteban POSADA Fanny Mercedes VALDERRAMA Diego Mauricio VÁSQUEZ 16 Productividad, crecimiento y ciclos en la economía colombiana (1967-1992) Carlos Esteban POSADA Septiembre 1993 17 Crecimiento económico y apertura en Chile y México y perspectivas para Colombia. Fernando MESA PARRA Septiembre 1993 18 El papel del capital público en la producción, inversión y el crecimiento económico en Colombia. Fabio SÁNCHEZ TORRES Octubre 1993 19 Tasa de cambio real y tasa de cambio de equilibrio. Andrés LANGEBAEK Octubre 1993 20 La evolución económica reciente: dos interpretaciones alternativas. Carlos Esteban POSADA Noviembre 1993 21 El papel de gasto público y su financiación en la coyuntura actual: algunas implicaciones complementarias. Alvaro ZARTA AVILA Diciembre 1993 22 Inversión extranjera y crecimiento económico. Alejandro GAVIRIA Diciembre 1993 Agosto 1993 ARCHIVOS DE ECONOMIA No Título Autores Fecha Javier Alberto GUTIÉRREZ 23 Inflación y crecimiento en Colombia Alejandro GAVIRIA Carlos Esteban POSADA Febrero 1994 24 Exportaciones y crecimiento en Colombia Fernando MESA PARRA Febrero 1994 25 Experimento con la vieja y la nueva teoría del crecimiento económico (¿porqué crece tan rápido China?) Carlos Esteban POSADA Febrero 1994 26 Modelos económicos de criminalidad y la una dinámica prolongada. Carlos Esteban POSADA Abril 1994 27 Regímenes cambiarios, política macroeconómica y flujos de capital en Colombia. Carlos Esteban POSADA Abril 1994 28 Comercio intraindustrial: el caso colombiano Carlos POMBO Abril 1994 29 Efectos de una bonanza petrolera a la luz de un modelo de optimización intertemporal. Hernando ZULETA Juan Pablo ARANGO Mayo 1994 30 . Crecimiento económico y productividad en Colombia: una perspectiva de largo plazo (1957-1994) Sergio CLAVIJO Junio 1994 31 Inflación o desempleo: ¿Acaso hay escogencia en Colombia? Sergio CLAVIJO Agosto 1994 32 La distribución del ingreso y el sistema financiero Edgar TRUJILLO CIRO Agosto 1994 33 La trinidad económica imposible en Colombia: estabilidad cambiaria, independencia monetaria y flujos de capital libres Sergio CLAVIJO Agosto 1994 34 ¿’Déjà vu?: tasa de cambio, deuda externa y esfuerzo exportador en Colombia. Sergio CLAVIJO Mayo 1995 35 La crítica de Lucas y la inversión en Colombia: nueva evidencia Mauricio CÁRDENAS Mauricio OLIVERA Septiembre 1995 36 Tasa de Cambio y ajuste del sector externo en Colombia. Fernando MESA PARRA Dairo ESTRADA Septiembre 1995 37 Análisis de la evolución y composición del Sector Público. Mauricio Olivera G. Manuel Fernando Castro Q. Fabio Sánchez T. Septiembre 1995 38 Incidencia distributiva del IVA en un modelo del ciclo de vida. Juan Carlos PARRA OSORIO Fabio José SÁNCHEZ T. Octubre 1995 39 Por qué los niños pobres no van a la escuela? (Determinantes de la asistencia escolar en Colombia) Fabio SÁNCHEZ TORRES Jairo Augusto NÚÑEZ M. Noviembre 1995 40 Matriz de Contabilidad Social 1992. Fanny M. VALDERRAMA Javier Alberto GUTIÉRREZ Diciembre 1995 41 Multiplicadores de Contabilidad derivados de la Matriz de Contabilidad Social Javier Alberto GUTIÉRREZ Enero 1996 Fanny M. VALDERRAMA G. 42 El ciclo de referencia de la economía colombiana. Martin MAURER María Camila URIBE S. Febrero 1996 43 Impacto de las transferencias intergubernamentales en la distribución interpersonal del ingreso en Colombia. Juan Carlos PARRA OSORIO Marzo 1996 44 Auge y colapso del ahorro empresarial en Colombia: 1983-1994 Fabio SÁNCHEZ TORRES Abril 1996 Guillermo MURCIA GUZMÁN Carlos OLIVA NEIRA 45 Evolución y comportamiento del gasto público en Colombia: 1950-1994 Cielo María NUMPAQUE Mayo 1996 Ligia RODRÍGUEZ CUESTAS posibilidad de ARCHIVOS DE ECONOMIA No Título Autores Fecha 46 Los efectos no considerados de la apertura económica en el mercado laboral industrial. Fernando MESA PARRA Javier Alberto GUTIÉRREZ Mayo 1996 47 Un modelo de Financiamiento óptimo de un aumento permanente en el gasto público: Una ilustración con el caso colombiano. Alvaro ZARTA AVILA Junio 1996 48 Estadísticas descriptivas del mercado laboral masculino y femenino en Colombia: 1976 -1995 Rocío RIBERO M. Carmen Juliana GARCÍA B. Agosto 1996 49 Un sistema de indicadores líderes para Colombia Martín MAURER María Camila URIBE Javier BIRCHENALL Agosto 1996 50 Evolución y determinantes de la productividad en Colombia: Un análisis global y sectorial Fabio SÁNCHEZ TORRES Jorge Iván RODRÍGUEZ Jairo NÚÑEZ MÉNDEZ Agosto 1996 51 Gobernabilidad y Finanzas Públicas en Colombia. César A. CABALLERO R Noviembre 1996 52 Tasas Marginales Efectivas de Tributación en Colombia. Mauricio OLIVERA G. Noviembre 1996 53 Un modelo keynesiano para la economía colombiana Fabio José SÁNCHEZ T. Clara Elena PARRA Febrero 1997 54 Trimestralización del Producto Interno Bruto por el lado de la oferta. Fanny M. VALDERRAMA Febrero 1997 55 Poder de mercado, economías de escala, complementariedades intersectoriales y crecimiento de la productividad en la industria colombiana. Juán Mauricio RAMÍREZ Marzo 1997 56 Estimación y calibración de sistemas flexibles de gasto. Jesús Orlando GRACIA Gustavo HERNÁNDEZ Abril 1997 57 Mecanismos de ahorro e Inversión en las Empresas Públicas Colombianas: 1985-1994 Fabio SÁNCHEZ TORRES Guilllermo MURCIA G. Mayo 1997 58 Capital Flows, Savings and investment in Colombia: 1990-1996 José Antonio OCAMPO G. Camilo Ernesto TOVAR M. Mayo 1997 59 Un Modelo de Equilibrio General Computable con Competencia imperfecta para Colombia. Juan Pablo ARANGO Jesús Orlando GRACIA Gustavo HERNÁNDEZ Juan Mauricio RAMÍREZ Junio 1997 Javier A. BIRCHENALL J. Julio 1997 Alberto CASTAÑEDA C. Gabriel PIRAQUIVE G. Julio 1997 60 El cálculo del PIB Potencial en Colombia. 61 Determinantes del Ahorro de los hogares. de su caída en los noventa. 62 Los ingresos laborales de hombres y mujeres en Colombia: 1976-1995 Rocío RIBERO Claudia MEZA Agosto 1997 63 Determinantes de la participación laboral de hombres y mujeres en Colombia: 1976-1995 Rocío RIBERO Claudia MEZA Agosto 1997 64 Inversión bajo incertidumbre en la Industria Colombiana: 1985-1995 Javier A. BIRCHENALL Agosto 1997 65 Modelo IS-LM para Colombia. Relaciones de largo plazo y fluctuaciones económicas. Jorge Enrique RESTREPO Agosto 1997 66 Correcciones a los Ingresos de las Encuestas de hogares y distribución del Ingreso Urbano en Colombia. Jairo A. NÚÑEZ MÉNDEZ Jaime A. JIMÉNEZ CASTRO Septiembre 1997 67 Ahorro, Inversión y Transferencias en las Entidades Territoriales Colombianas Fabio SÁNCHEZ TORRES Mauricio OLIVERA G. Giovanni CORTÉS S. Octubre 1997 Explicación ARCHIVOS DE ECONOMIA No Título Autores Fecha 68 Efectos de la Tasa de cambio real sobre la Inversión industrial en un Modelo de transferencia de precios. Fernando MESA PARRA Leyla Marcela SALGUERO Fabio SÁNCHEZ TORRES Octubre 1997 69 Convergencia Regional: Una revisión del caso Colombiano. Javier A. BIRCHENALL Guillermo E. MURCIA G. Octubre 1997 70 Income distribution, human capital and economic growth in Colombia. Javier A. BIRCHENALL Octubre 1997 71 Evolución y determinantes del Ahorro del Gobierno Central. Fabio SÁNCHEZ TORRES Ma. Victoria ANGULO Noviembre 1997 72 Macroeconomic Perforrmance and Inequality in Colombia: 1976-1996 Raquel BERNAL Mauricio CÁRDENAS Jairo NÚÑEZ MÉNDEZ Fabio SÁNCHEZ TORRES Diciembre 1997 73 Liberación comercial y salarios en Colombia: 1976-1994 Donald ROBBINS Enero 1998 74 Educación y salarios relativos en Colombia: 1976-1995 Determinantes, evolución e implicaciones para la distribución del Ingreso Jairo NÚÑEZ MÉNDEZ Fabio SÁNCHEZ TORRES Enero 1998 75 La tasa de interés “óptima” Carlos Esteban POSADA Edgar TRUJILLO CIRO Febrero 1998 76 Los costos económicos de la criminalidad y la violencia en Colombia: 1991-1996 Edgar TRUJILLO CIRO Martha Elena BADEL Marzo 1998 77 Elasticidades Precio y Sustitución para la Industria Colombiana. Juán Pablo ARANGO Jesús Orlando GRACIA Gustavo HERNÁNDEZ Marzo 1998 78 Flujos Internacionales de Capital en Colombia: Un enfoque de Portafolio Ricardo ROCHA GARCÍA Fernando MESA PARRA Marzo 1998 79 Macroeconomía, ajuste estructural y equidad en Colombia: 1978-1996 José Antonio OCAMPO María José PÉREZ Camilo Ernesto TOVAR Francisco Javier LASSO Marzo 1998 80 La Curva de Salarios para Colombia. Una Estimación de las Relaciones entre el Desempleo, la Inflación y los Ingresos Laborales: 1984- 1996. Fabio SÁNCHEZ TORRES Jairo NÚÑEZ MÉNDEZ Marzo 1998 81 Participación, Desempleo y Mercados Laborales en Colombia. Jaime TENJO G. Rocio RIBERO M. Abril 1998 82 Reformas comerciales, márgenes de beneficio y productividad en la industria colombiana Juán Pablo ARANGO Jesús Orlando GRACIA Gustavo HERNÁNDEZ Juán Mauricio RAMÍREZ Abril 1998 83 Capital y Crecimiento Económico en un Modelo Dinámico: Una presentación de la dinámica Transicional para los casos de EEUU y Colombia Alvaro ZARTA AVILA Mayo 1998. 84 Determinantes de la Inversión en Colombia: E videncia sobre el capital humano y la violencia. Clara Helena PARRA Junio 1998. 85 Mujeres en sus casas: Un recuento de la población Femenina económicamente activa Piedad URDINOLA C. Junio 1998. 86 Descomposición de la desigualdad del Ingreso laboral Urbano en Colombia: 1976-1997 Fabio SÁNCHEZ TORRES Jairo NÚÑEZ MÉNDEZ Junio 1998. ARCHIVOS DE ECONOMIA No Título Autores Fecha 87 El tamaño del Estado Colombiano Indicadores y tendencias: 1976-1997 Angela CORDI GALAT Junio 1998. 88 Elasticidades de sustitución de las importaciones para la economía colombiana. Gustavo HERNÁNDEZ Junio 1998. 89 La tasa natural de desempleo en Colombia Martha Luz HENAO Norberto ROJAS Junio 1998. 90 The role of shocks in the colombian economy Ana María MENÉNDEZ Julio 1998. 91 The determinants of Human Capital Accumulation in Colombia, with implications for Trade and Growth Theory Donald J. ROBBINS Julio 1998. 92 Estimaciones de funciones de demanda de trabajo dinámicas para la economía colombiana, 1980-1996 Alejandro VIVAS BENÍTEZ Stefano FARNÉ Dagoberto URBANO Julio 1998. 93 Análisis de las relaciones entre violencia y equidad. Alfredo SARMIENTO Lida Marina BECERRA Agosto 1998. 94 Evaluación teórica y empírica de las exportaciones no tradicionales en Colombia Fernando MESA PARRA María Isabel COCK Angela Patricia JIMÉNEZ Agosto 1998. 95 Valoración económica del empleo doméstico femenino no remunerado, en Colombia, 1978-1993 Piedad URDINOLA C. Agosto 1998. 96 Eficiencia en el Gasto Público de Educación. María Camila URIBE Agosto 1998. 97 El desempleo en Colombia: tasa natural, desempleo cíclico y estructural y la duración del desempleo: 1976-1998. Jairo NÚÑEZ M. Raquel BERNAL S. Septiembre 1998. 98 Productividad y retornos sociales del Capital humano: Microfundamentos y evidencia para Colombia. Francisco A. GONZÁLEZ R. Carolina GUZMÁN RUIZ Angela L. PACHÓN G. Noviembre 1998. 99 Reglas monetarias en Colombia y Chile Jorge E. RESTREPO L. Enero 1999. 100 Inflation Target Zone: The Case of Colombia: 1973-1994 Jorge E. RESTREPO L. Febrero 1999. 101 ¿ Es creíble la Política Cambiaria en Colombia? Carolina HOYOS V. Marzo 1999. 102 La Curva de Phillips, la Crítica de Lucas y la persistencia de la inflación en Colombia. Javier A.BIRCHENALL Abril 1999. 103 Un modelo macroeconométrico para la economía Colombiana Javier A.BIRCHENALL Juan Daniel OVIEDO Abril 1999. 104 Una revisión de la literatura teórica y la experiencia Internacional en regulación Marcela ESLAVA MEJÍA Abril 1999. 105 El transporte terrestre de carga en Colombia Documento para el Taller de Regulación. Marcela ESLAVA MEJÍA Abril 1999. Eleonora LOZANO RODRÍGUEZ 106 Notas de Economía Monetaria. (Primera Parte) Juan Carlos ECHEVERRY G. Abril 1999. 107 Ejercicios de Causalidad y Exogeneidad para Ingresos salariales nominales públicos y privados Colombianos (1976-1997). Mauricio BUSSOLO Jesús Orlando GRACIA Camilo ZEA Mayo 1999. 108 Real Exchange Rate Swings and Export Behavior: Explaining the Robustness of Chilean Exports. Felipe ILLANES Mayo 1999. 109 Segregación laboral en las 7 principales ciudades del país. Piedad URDINOLA Mayo 1999. 110 Estimaciones trimestrales de la línea de pobreza y sus relaciones Jairo NÚÑEZ MÉNDEZ con el desempeño macroeconómico Colombiano: (1977-1997) Fabio José SÁNCHEZ T. Mayo 1999 ARCHIVOS DE ECONOMIA No Título Autores Fecha 111 Costos de la corrupción en Colombia. Marta Elena BADEL Mayo 1999 112 Relevancia de la dinámica transicional para el crecimiento de largo plazo: Efectos sobre las tasas de interés real, la productividad marginal y la estructura de la producción para los casos de EEUU y Colombia.. Alvaro ZARTA Junio 1999 113 La recesión actual en Colombia: Flujos, Balances y Política anticíclica Juan Carlos ECHEVERRY Junio 1999 114 Monetary Rules in a Small Open Economy Jorge E. RESTREPO L. Junio 1999 115 El Balance del Sector Público y la Sostenibilidad Fiscal en Colombia Juan Carlos ECHEVERRY Gabriel PIRAQUIVE Natalia SALAZAR FERRO Ma. Victoria ANGULO Gustavo HERNÁNDEZ Cielo Ma. NUMPAQUE Israel FAINBOIM Carlos Jorge RODRIGUEZ Junio 1999 116 Crisis y recuperación de las Finanzas Públicas lecciones de América Latina para el caso colombiano. Marcela ESLAVA MEJÍA Julio 1999 117 Complementariedades Factoriales y Cambio Técnico en la Industria Colombiana. Gustavo HERNÁNDEZ Juan Mauricio RAMÍREZ Julio 1999 118 ¿Hay un estancamiento en la oferta de crédito? Juan Carlos ECHEVERRY Natalia SALAZAR FERRO Julio 1999 119 Income distribution and macroeconomics in Colombia. Javier A. Birchenall J. Julio 1999. 120 Transporte carretero de carga. Taller de regulación. DNP-UMACRO. Informe final. Juan Carlos ECHEVERRY G. Agosto 1999. Marcela ESLAVA MEJÍA Eleonora LOZANO RODRIGUEZ 121 ¿ Se cumplen las verdades nacionales a nivel regional? Primera aproximación a la construcción de matrices de contabilidad social regionales en Colombia. Nelly.Angela CORDI GALAT Agosto 1999. 122 El capital social en Colombia. La medición nacional con el BARCAS Separata N° 1 de 5 John SUDARSKY Octubre 1999. 123 El capital social en Colombia. La medición nacional con el BARCAS Separata N° 2 de 5 John SUDARSKY Octubre 1999. 124 El capital social en Colombia. La medición nacional con el BARCAS Separata N° 3 de 5 John SUDARSKY Octubre 1999. 125 El capital social en Colombia. La medición nacional con el BARCAS Separata N° 4 de 5 John SUDARSKY Octubre 1999. 126 El capital social en Colombia. La medición nacional con el BARCAS Separata N° 5 de 5 John SUDARSKY Octubre 1999. 127 The Liquidity Effect in Colombia Jorge Enrique RESTREPO Noviembre 1999. 128 Upac: Evolución y crisis de un modelo de desarrollo. Juan Carlos ECHEVERRI G. Orlando Gracia B. Piedad Urdinola Diciembre 1999. 129 Confronting fiscal imbalances via intertemporal Economics, politics and justice: the case of Colombia Juan Carlos ECHEVERRY G. Diciembre 1999. Verónica Navas-Ospina ARCHIVOS DE ECONOMIA No Título Autores Fecha 130 La tasa de interés en la coyuntura reciente en Colombia. Jorge Enrique RESTREPO Edgar TRUJILLO CIRO Diciembre 1999. 131 Los ciclos económicos en Colombia. Evidencia empírica: (1977-1998) Jorge Enrique RESTREPO José Daniel REYES PEÑa Enero 2000. 132 Colombia'natural trade partners and its bilateral trade performance: Evidence from 1960 to 1996 Hernán Eduardo VALLEJO Enero 2000. 133 Los derechos constitucionales de prestación y sus implicaciones económico- políticas. Los casos del derecho a la salud y de los derechos de los reclusos Luis Carlos SOTELO Febrero 2000. 134 La reactivación productiva del sector privado colombiano (Documento elaborado para el BID) Luis Alberto ZULETA Marzo 2000. 135 Geography and Economic Development: A Municipal Approach for Colombia. Fabio JOSÉ SÁNCHEZ T. Jairo NÚÑEZ MÉNDEZ Marzo 2000. 136 La evaluación de resultados en la modernización del Estado en América Latina. Restricciones y Estrategia para su desarrollo. Eduardo WIESNER DURÁN Abril 2000. 137 La regulación de precios del transporte de carga por carretera en Colombia. Marcela ESLAVA MEJÍA Abril 2000. 138 El conflicto armado en Colombia. Una aproximación a la teoría de juegos. Yuri GORBANEFF Flavio JÁCOME Julio 2000. 139 Determinación del consumo básico de agua potable subsidiable en Colombia. Juan Carlos JUNCA SALAS Noviembre 2000. Incidencia fiscal de los incentivos tributarios Juan Ricardo ORTEGA Noviembre 2000. Gabriel Armando PIRAQUIVE Gustavo Adolfo HERNÁNDEZ Carolina SOTO LOSADA Sergio Iván PRADA Juan Mauricio RAMIREZ 141 Exenciones tributarias: Costo fiscal y análisis de incidencia Gustavo A. HERNÁNDEZ Carolina SOTO LOSADA Sergio Iván PRADA Juan Mauricio RAMIREZ Diciembre 2000 142 La contabilidad del crecimiento, las dinámicas transicionales y el largo plazo: Una comparación internacional de 46 países y una presentación de casos de economías tipo: EEUU, Corea del Sur y Colombia. Alvaro ZARTA AVILA Febrero 2001 143 ¿Nos parecemos al resto del mundo? El Conflicto colombiano en el contexto internacional. Juan Carlos ECHEVERRY G. Natalia SALAZAR FERRO Verónica NAVAS OSPINA Febrero 2001 144 Inconstitucionalidad del Plan Nacional de Desarrollo: causas, efectos y alternativas. Luis Edmundo SUÁREZ S. Diego Mauricio AVILA A. Marzo 2001 145 La afiliación a la salud y los efectos redistributivos de los subsidios a la demanda. Hernando MORENO G. Abril 2001 146 La participación laboral: ¿qué ha pasado y qué podemos esperar? Mauricio SANTA MARÍA S. Abril 2001 Norberto ROJAS DELGADILLO 147 Análisis de las importaciones agropecuarias en la década de los Noventa. Gustavo HERNÁNDEZ Juan Ricardo PERILLA Mayo 2001 148 Impacto económico del programa de Desarrollo alternativo del Plan Colombia Gustavo A. HERNÁNDEZ Sergio Iván PRADA Juan Mauricio RAMÍREZ Mayo 2001 . 140 ARCHIVOS DE ECONOMIA No Título Autores Fecha 149 Análisis de la presupuestación de la inversión de la Nación. Ulpiano AYALA ORAMAS Mayo 2001 150 DNPENSION: Un modelo de simulación para estimar el costo fiscal del sistema pensional colombiano. Juan Carlos PARRA OSORIO Mayo 2001 151 La oferta de combustible de Venezuela en la frontera con Colombia: una aproximación a su cuantificación Hernando MORENO G. Junio 2001 152 Shocks fiscales y términos de intercambio en el caso colombiano. Ómer ÖZAK MUñOZ. Julio 2001 153 Demanda por importaciones en Colombia: Una estimación. Igor Esteban ZUCCARDI Julio 2001 154 Elementos para mejorar la adaptabilidad del mercado laboral colombiano. Mauricio SANTA MARÍA S. Agosto 2001 Norberto ROJAS DELGADILLO 155 ¿Qué tan poderosas son las aerolíneas colombianas? Estimación de poder de mercado de las rutas colombianas. Ximena PEÑA PARGA 156 Elementos para el debate sobre una nueva reforma pensional en Colombia. Juan Carlos ECHEVERRY Septiembre 2001 Andrés ESCOBAR ARANGO César MERCHÁN HERNÁNDEZ Gabriel PIRAQUIVE GALEANO Mauricio SANTA MARÍA S. 157 Agregando votos en un sistema altamente desistitucionalizado. Francisco GUTIÉRREZ S. Octubre 158 Eficiencia -X en el Sector Bancario Colombiano Carlos Alberto CASTRO I Noviembre 2001 159 Determinantes de la calidad de la educación en Colombia. Alejandro GAVIRIA Jorge Hugo BARRIENTOS Noviembre 2001 160 Evaluación de la descentralización municipal. Descentralización y macroeconomía Fabio SÁNCHEZ TORRES Noviembre 2001 161 Impuestos a las transacciones: Implicaciones sobre el bienestar y el crecimiento. Rodrigo SUESCÚN Noviembre 2001 162 Strategic Trade Policy and Exchange Rate Uncertainty Fernando MESA PARRA Noviembre 2001 163 Evaluación de la descentralización municipal en Colombia. Avances y resultados de la descentralización Política en Colombia Alberto MALDONADO C. Noviembre 2001 164 Choques financieros, precios de activos y recesión en Colombia. Alejandro BADEL FLÓREZ Noviembre 2001 165 Evaluación de la descentralización municipal en Colombia. ¿Se consolidó la sostenibilidad fiscal de los municipios colombianos durante los años noventa. Juan Gonzalo ZAPATA Olga Lucía ACOSTA Adriana GONZÁLEZ Noviembre 2001 166 Evaluación de la descentralización municipal en Colombia. La descentralización en el Sector de Agua potable y Saneamiento básico. Ma. Mercedes MALDONADO Noviembre 2001 Gonzalo VARGAS FORERO 167 Evaluación de la descentralización municipal en Colombia. La relación entre corrupción y proceso de descentralización en Colombia. Edgar GONZÁLEZ SALAS Diciembre 2001 168 Evaluación de la descentralización municipal en Colombia. Estudio general sobre antecedentes, diseño, avances y resultados generales del proceso de descentralización territorial en el Sector Educativo. Carmen Helena VERGARA Mary SIMPSON Diciembre 2001 169 Evaluación de la descentralización municipal en Colombia. Componente de capacidad institucional. Edgar GONZÁLEZ SALAS Diciembre 2001 Agosto 2001 2001 ARCHIVOS DE ECONOMIA No Título Autores Fecha 170 Evaluación de la descentralización municipal en Colombia. Evaluación de la descentralización en Salud en Colombia. Iván JARAMILLO PÉREZ Diciembre 2001 171 External Trade, Skill, Technology and the recent increase of income inequality in Colombia Mauricio SANTA MARÍA S. Diciembre 2001 172 Seguimiento y evaluación de la participación de los resguardos indígenas en los ingresos corrientes de la Nación para el período 1998 y 1999. Dirección de Desarrollo Territorial Diciembre 2001 173 Exposición de Motivos de la Reforma de la Ley 60 de 1993. Sector Educación y Sector Salud Dirección de Desarrollo Social Diciembre 2001 174 Transferencias, incentivos y la endogenidad del gasto Territorial. Seminario internacional sobre Federalismo fiscal - Secretaría de Hacienda de México, CEPAL, ILPES, CAF - Cancún, México. 18-20 de Mayo de 2000 Eduardo WIESNER DURÁN Enero 2002. 175 Cualificación laboral y grado de sindicalización Flavio JÁCOME LIÉVANO Enero 2002. 176 OFFSETS: Aproximación teórica y experiencia Internacional. Nohora Eugenia POSADA Febrero 2002. Yaneth Cristina GIHA TOVAR Paola BUENDÍA GARCÍA Alvaro José CHÁVEZ G. 177 Pensiones: conceptos y esquemas de financiación César Augusto MERCHÁN H. Febrero 2002. 178 La erradicación de las minas antipersonal sembradas en Colombia - Implicaciones y costos- Yilberto LAHUERTA P. Ivette María ALTAMAR Marzo 2002. 179 Economic growth in Colombia: A reversal of "Fortune"? Mauricio CÁRDENAS S. Marzo 2002. 180 El siglo del modelo de desarrollo. Juan Carlos ECHEVERRY G Abril 2002. 181 Metodología de un Modelo ARIMA condicionado para el pronóstico del PIB. Juan Pablo HERRERA S. Gustavo A. HERNÁNDEZ D. Abril 2002. 182 ¿Cuáles son los colombianos con pensiones privilegiadas? César Augusto MERCHÁN H. Abril 2002. 183 Garantías en carreteras de primera generación. Impacto económico. José Daniel REYES PEÑA. Abril 2002 184 Impacto económico de las garantías de la Nación en proyectos de infraestructura. José Daniel REYES PEÑA. Abril 2002 185 Aproximación metodológica y cuantitativa de los costos económicos generados por el problema de las drogas ilícitas en Colombia (1995 - 2000) Ricardo PÉREZ SANDOVAL Andrés VERGARA BALLÉN Yilberto LAHUERTA P Abril 2002 186 Tendencia, ciclos y distribución del ingreso en Colombia: una crítica al concepto de "modelo de desarrollo" Juan Carlos ECHEVERRY G. Andrés ESCOBAR ARANGO Mauricio SANTA MARÍA S. Abril 2002. 187 Crecimiento y ciclos económicos. Efectos de los choques de oferta y demanda en el crecimiento colombiano Igor Esteban ZUCCARDI H. Mayo 2002. 188 A general equilibrium model for tax policy analysis in Colombia. The MEGATAX model. Thomas Fox RUTHERFORD. Miles Kenneth. LIGHT Mayo 2002. 189 A dynamic general equilibrium model for tax policy analysis in Colombia. Thomas Fox RUTHERFORD. Miles Kenneth. LIGHT Gustavo HERNÁNDEZ Mayo 2002. 190 Sistema Bancario Colombiano: ¿Somos eficientes a nivel internacional? Alejandro BADEL FLÓREZ. Junio 2002. ARCHIVOS DE ECONOMIA No Título Autores Fecha 191 Política para mejorar el servicio de transporte público urbano de pasajeros. DNP: DIE- GEINF Junio 2002. 192 Two decades of economic and social development in urban Colombia: a mixed outcome Carlos Eduardo VÉLEZ Mauricio SANTA MARÍA, Natalia MILLAN Bénédicte DE LA BRIERE World Bank (LAC/PREM) Junio 2002. Jairo NÚÑEZ MÉNDEZ Roberto STEINER Ximena CADENA Renata PARDO CEDE, U. de los Andes Junio 2002. 193 ¿Cuáles colegios ofrecen mejor educación en Colombia? 194 Nuevos enfoques de política regional en América Latina: El caso de Colombia en perspectiva histórica. Las nuevas teorías y enfoques conceptuales sobre el desarrollo regional. ¿Hacia un nuevo paradigma? Separata 1 de 7 Edgard MONCAYO J. Julio 2002. 195 Nuevos enfoques de política regional en América Latina: El caso de Colombia en perspectiva histórica. Las políticas regionales: Un enfoque por generaciones Separata 2 de 7 Edgard MONCAYO J. Julio 2002. 196 Nuevos enfoques de política regional en América Latina: El caso de Colombia en perspectiva histórica. Un mundo de geometría variable: Los territorios que ganan y los que pierden. Separata 3 de 7 Edgard MONCAYO J. Julio 2002. 197 Nuevos enfoques de política regional en América Latina: El caso de Colombia en perspectiva histórica. Enfoques teóricos y evidencias empíricas sobre el desarrollo regional en Colombia. Separata 4 de 7 Edgard MONCAYO J. Julio 2002. 198 Nuevos enfoques de política regional en América Latina: El caso de Colombia en perspectiva histórica. Las políticas regionales en Colombia. Separata 5 de 7 Edgard MONCAYO J. Julio 2002. 199 Nuevos enfoques de política regional en América Latina: El caso de Colombia en perspectiva histórica. Tendencias del desarrollo regional en Colombia. -Polarización, apertura y conflictoSeparata 6 de 7 Edgard MONCAYO J. Julio 2002. 200 Nuevos enfoques de política regional en América Latina: El caso de Colombia en perspectiva histórica. Marco conceptual y metodológico para el diseño de una nueva generación de políticas de desarrollo regional en Colombia. Separata 7 de 7 Edgard MONCAYO J. Julio 2002. 201 Viabilidad de los servicios públicos domiciliarios en la ciudad de Santiago de Cali. Mauricio SANTA MARÍA Francisco BERNAL Carlos David BELTRÁN David VILLALBA Agosto 2002 202 Optimal enforcement: Finding the right balance Jaime Andrés ESTRADA Agosto 2002 203 Does corporate governance matter for developing countries? An overview of the Mexican case. Paula ACOSTA MÁRQUEZ Agosto 2002 ARCHIVOS DE ECONOMIA No Título Autores Fecha 204 Reflexiones sobre el proceso de paz del gobierno de Andrés PASTRANA y las FARC-Ep: (1998-2002) Camilo LEGUÍZAMO Agosto 2002 205 Contratación pública en Colombia y teoría Económica. Yuri GORBANEFF Septiembre 2002. 206 Does planning pay to perform in infrastructure? Deconstructing the babylon tower on the planning/ performance relationships in energy, telecommunications and transport sectors – colombian case. Daniel TORRES GRACIA Septiembre 2002. 207 A dynamic analysis of household decision making in urban Colombia, 1976-1998 Changes in household structure, human capital and its returns, and female labor force participation . Fabio SÁNCHEZ TORRES Jairo Núñez Méndez Octubre 2002. 208 Inversión pública sectorial y crecimiento Económico: Una aproximación desde la Metodología VAR. Alvaro A. PERDOMO S. Octubre 2002. 209 Impacto macroeconómico y distributivo del Impuesto de seguridad democrática. Ömer ÖZAK MUÑOZ. Oscar Mauricio VALENCIA Octubre 2002. 210 Empleo informal y evasión fiscal en Colombia. Jairo A. NÚÑEZ MÉNDEZ Octubre 2002. 211 Diagnóstico del programa de reinserción en Colombia: mecanismos para incentivar la desmovilización voluntaria individual. Maria Eugenia PINTO B. Andrés VERGARA BALLÉN Yilberto LAHUERTA P. Noviembre 2002. 212 Economías de escala en los hogares y pobreza. Tesis para optar el título de Magíster en Teoría y Política Económica de la Universidad Nacional de Colombia. Francisco Javier LASSO V. Noviembre 2002. 213 Nueva metodología de Encuesta de hogares. ¿Más o menos desempleados? Francisco Javier LASSO V. Noviembre 2002. 214 Una aproximación de la Política Comercial Estratégica para el ingreso de Colombia al ALCA. Ricardo E. ROCHA G.. Juan Ricardo PERILLA Ramiro LÓPEZ SOLER Diciembre 2002. 215 The political business cycle in Colombia on the National and Regional level. Allan DRAZEN Marcela ESLAVA University of Maryland Enero 2003. 216 Balance macroeconómico de 2002 y Perspectivas para 2003. Dirección de Estudios Económicos Enero 2003. 217 Women workers in Bogotà ‘s Informal sector: Gendered impact of structural adjustment Policies in the 1990s. Tesis para optar el título de Magíster en Estudios de Desarrollo del Instituto de Estudios Sociales de The Hague- Holanda. Jairo G. ISAZA CASTRO Febrero 2003. 218 Determinantes de la duración del desempleo en el área metropolitana de Cali 1988-1998. (Documento elaborado por profesores del Departamento de Economía de la Universidad del Valle) Carlos E. CASTELLAR P. José Ignacio URIBE G. Marzo 2003. 219 Conflicto, violencia y actividad criminal en Colombia: Un análisis espacial. Fabio SÁNCHEZ TORRES Ana María DÍAZ Michel FORMISANO Marzo 2003. 220 Evaluating the impact of SENA on earnings and Employment. Alejandro GAVIRIA URIBE Jairo A. NÚÑEZ MÉNDEZ Abril 2003. 221 Un análisis de la relación entre inversión extranjera y Comercio exterior en la economía colombiana. Erika Bibiana PEDRAZA Abril 2003. ARCHIVOS DE ECONOMIA No Título Autores Fecha Abril 2003. 222 Free Trade Area of the Americas. An impact Assessment for Colombia. Miles Kenneth. LIGHT Thomas Fox RUTHERFORD 223 Construcción de una Matriz de Contabilidad Social Financiera para Colombia. Gustavo Adolfo HERNÁNDEZ Mayo 2003. 224 Elementos para el análisis de Incidencia tributaria. Andrés ESCOBAR Gustavo HERNÁNDEZ Gabriel PIRAQUIVE Juan Mauricio RAMIREZ Mayo 2003. 225 Desempeño económico por tipo de4 firma: Empresas nacionales vs. Grandes y pequeñas receptoras De inversión extranjera. Erika Bibiana PEDRAZA Mayo 2003. 226 El balance estructural del Gobierno Central en Colombia. Natalia SALAZAR Diego PRADA Junio 2003. 227 Descentralización y Equidad en América Latina: Enlaces Institucionales y de Política Eduardo WIESNER Junio 2003. 228 Ciclos económicos y mercado laboral en Colombia: ¿quién gana más, quién pierde más? 1984-2000. Fabio SÁNCHEZ TORRES Luz Magdalena SALAS Oskar NUPIA Julio 2003. 229 Efectos de un acuerdo bilateral de libre comercio con Estados Unidos Direcciones de Estudios Económicos y de Desarrollo Empresarial del DNP Julio 2003. 230 Pobreza, crimen y crecimiento regional en Colombia. (Versión para comentarios) Ricardo Ernesto ROCHA G. Agosto 2003. Hermes Fernando MARTÍNEZ 231 Contracciones leves y profundas: Efectos asimétricos sobre la pobreza El caso colombiano 1984-2000. Jorge E. SÁENZ CASTRO Juan Pablo HERRERA S. Oscar E. GUZMÁN SILVA Agosto 2003. 232 Sistema de modelos multivariados para la proyección del Producto Interno Bruto Carlos Alberto CASTRO I. Septiembre 2003. 233 Yet another lagging, coincident and leading index for The Colombian economy. Carlos Alberto CASTRO I. Septiembre 2003. 234 Posibles implicaciones de la legalización del consumo, Producción y comercialización de las drogas en Colombia. Andrés VERGARA BALLÉN Yilberto LAHUERTA P. Sandra Patricia CORREA Septiembre 2003. 235 Impactos económicos generados por el uso de minas antipersonal en Colombia. Yilberto LAHUERTA P. Septiembre 2003. 236 ¿Cuánto duran los colombianos en el desempleo y en el Empleo?: Un análisis de supervivencia. Hermes Fernando MARTÍNEZ Septiembre 2003. 237 Barreras a la entrada en el mercado de compras del Sector público. Un análisis de estructura de mercado en la perspectiva De la negociación del Area de Libre Comercio de las Américas. Fernando J. ESTUPIÑAN 238 Relative labor supply and the gender wage Gap: Evidence for Colombia and the United States. Diego F. ANGEL-URDINOLA Octubre 2003. Quentin WODON 239 The gender wage Gap and poverty in Colombia. . Diego F. ANGEL-URDINOLA Octubre 2003. Quentin WODON 240 The impact on inequality of raising the minimum wage: Gap- narrowing and reranking effects. Diego F. ANGEL-URDINOLA Octubre 2003. Quentin WODON Octubre 2003. ARCHIVOS DE ECONOMIA No Título Autores Fecha 241 Inversión y restricciones crediticias en la década de los 90 en Colombia. Catalina DELGADO G. Octubre 2003. 242 Metodologías de estimación del balance estructural: Una aplicación al caso colombiano. Luis Edgar BASTO M.. Noviembre 2003. 243 The cost of disinflation in Colombia -A sacrifice Ratio Approach- José Daniel REYES P.. Noviembre 2003. 244 Evaluación de la Eficiencia en Instituciones Hospitalarias públicas y privadas con Data Envelopment Analysis (DEA) Ma. Cristina PEÑALOZA R. Diciembre 2003. 245 Medición de eficiencia técnica relativa en hospitales Públicos de baja complejidad, mediante la metodología Data envelopment analysis – DEA Tesis para optar al título de Magíster en Economía, de la Pontificia Universidad Javeriana. Maureen Jennifer PINZON M. Diciembre 2003. 246 Child labour and the Economic recession of 1999 In Colombia. Claudia Marcela UMAÑA A. : Enero 2004.