Abstract

BURBANO VALENCIA, ENRIQUE JAVIER. SECTORIAL RESTRUCTURING ON PUTUMAYO: AT A "TRIPLE SPEED" DYNAMIC. Rev.fac.cienc.econ. [online]. 2015, vol.23, n.1, pp.115-139. ISSN 0121-6805.

The Colombian Department of Putumayo, during the years 2000 to 2011, had a fast sectorial restructuring that was fueled by the increased of the oil production, and simultaneously by a shrinking of the agricultural sector. This economic pattern of "triple speed" that is similar to the national "oil boom" generated a greater natural resources economic dependence, and it reproduce the traditional model of an "extractive state". The research objective is to analyze this phenomenon and to determine in which way it was affected by some exogenous factors such as changing of rules on the oil business, after 2004, and the internal security. For this, it was estimated the following indexes: location, sectorial, specialization and concentration, and based on them, it was estimated the departmental dynamics of absolute convergence, conditional and clubs, in order to observe the Putumayo Department position beside other regions. The main finding shows that this Department continues to show an "extractive state" pattern.

Keywords : Hydrocarbons; Concentration index; Localization index; Specialization Index; Convergence Index.

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