Abstract

LOTERO, Jorge. Productive and spatial adjustments in the Colombian industry within the commercial opening frame: an approach from financial geography. Lect. Econ. [online]. 2005, n.62, pp.157-190. ISSN 0120-2596.

this paper studies the spatial and productive adjustments of the Colombian industry during the years 1985-1998. This was a period of commercial reforms and reconversion processes preceding the crisis of the end of the last century. From the point of view of the spatial economy and mainly of the economical geography and the structural transformation focus, patterns are studied on geographical distribution and on industrial location as well as on the behavior of work productivity to indicate efficiency. We conclude that spatial adjustments were not substantial in spite of a better performance in productivity and efficiency indicated by the peripheral industry. When comparing this last one with the central one, we find that spatial concentration and physical geography are considerable factors in Colombia, which counteract the centrifugal forces that could be originated by economic integration.

Keywords : Geography; spatial and productive adjustments; conglomeration; commercial openness; economic integration; industrial location.

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