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Ensayos de Economía
Print version ISSN 0121-117XOn-line version ISSN 2619-6573
Abstract
SANCHEZ-RUIZ, Hernando and SANCHEZ-PEREZ, German. Productivity in Colombia: A Pending Challenge. Ens. Econ. [online]. 2021, vol.31, n.58, pp.36-67. Epub July 16, 2021. ISSN 0121-117X. https://doi.org/10.15446/ede.v31n58.88625.
In this article the behavior of work productivity in Colombia is examined, in the period between 1975-2016, from two perspectives or methodological approaches: space of reference and time and sector disaggregation. From the perspective of the first, it is concluded that the growth in investment per employee surpassed -except for two years- the contribution of productivity. In other words, there were no innovative events that reflect the Schumpeterian conception, that encompass the economy as a whole in a persistent manner. From the second methodological perspective, evidence that confirms the large differences in productivity among the sectors in the country, the phenomenon of heterogeneity, is contributed. It is concluded that those sectors that show the greatest efficiencies are those that employ the least number of workers.
JEL: O31; O33; O4; O5.
Keywords : innovation; productivity; heterogeneity; reference space; sectorization.