Abstract

ALONSO CIFUENTES, JULIO CÉSAR  and  SOLANO, JULIETH ALEJANDRA. NUEVAS EVIDENCIAS DE LA CRISIS CALEÑA . estud.gerenc. [online]. 2003, vol.19, n.89, pp.43-55. ISSN 0123-5923.

This paper uses for the first time the GDP data for Cali recently published by the Department of Economics at Icesi University . This data is used to show that the reason for Cali´s economic crisis in 1998 and 1999 is the fall of the averaga productivity per worker. In fact, the average productivity per worker did fall at a greater rate in Cali than in Bogota and the national level. We also found that Cali´s economy has a greater volatily than Colombia and Bogota .

Keywords : Economy crisis; productivity per worker; Cali-Colombia.

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