RiSE helps Colombian policy makers better allocate scarce resources.
Professor Juan C. Duque (RiSE); Alejandro Betancourt (RiSE); and Christian Posso (Central Bank of Colombia), developed a new interactive tool for Colombia economy that allows the visualization of the impact on the global economy that results from a demand shock of 1.000 million Colombian pesos (COP) in a given industry.
The interindustry relationships are represented as a graph where each node symbolizes an economic industry, and the links between nodes represent the most important interindustry relationships according to the algorithm for industry clusters identification devised by Duque and Rey (2008).
The impacts are measured in several ways:
Output multiplier: Measures (in thousand of COP) the change in the gross output of the global economy when there is a one thousand COP’s worth change of final demand for a given industry.
Employment: Measures (in number of jobs) the change in the total employment of the global economy when there is a one thousand COP’s worth change of final demand for a given industry. The total number of employments can be disaggregated into the following categories:
Payrolls: Measures (in thousand of COP) the changes in the payroll payments of the local economy when there is a one thousand COP’s worth change of final demand for a given industry.
The tool also specifies which part of the new generated employments is due to direct effects, and which part is due to indirect effects.
The dropout rate among Spanish university students is very high compared to the European mean, creating a pressing need for the introduction of policies and programmes aimed at increasing rates of persistence.
Propuesta metodologica para la desagregación espacio-temporal de los indicadores de demografía empresarial
A review of regional science applications of satellite remote sensing in urban settings
Python library with spatially constrained clustering algorithms
Interactive tool for visualizing the interindustry dynamics in Colombian economy.
Interactive tool for visualizing the spatial distribution of economic impacts in Colombian metropolitan areas.
RiSE-group was invited to the workshop "The Role of Cities In Creating Improved Economic Opportunities" in the UN-Habitat Governing Council... here are some pictures of the event, Link
The student of the Master in Economics from the University EAFIT, Oswaldo Zapata, was one of the awarded students by the Government of Antioquia
The thesis of economics student, Miguel Norena, has been published in the book Defining the Regional Spatial Scale in Modern Analysis.