<?xml version="1.0" encoding="ISO-8859-1"?><article xmlns:mml="http://www.w3.org/1998/Math/MathML" xmlns:xlink="http://www.w3.org/1999/xlink" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance">
<front>
<journal-meta>
<journal-id>0120-2596</journal-id>
<journal-title><![CDATA[Lecturas de Economía]]></journal-title>
<abbrev-journal-title><![CDATA[Lect. Econ.]]></abbrev-journal-title>
<issn>0120-2596</issn>
<publisher>
<publisher-name><![CDATA[Universidad de Antioquia]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0120-25962019000100097</article-id>
<article-id pub-id-type="doi">10.17533/udea.le.n90a04</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[El impacto de la infraestructura en el crecimiento económico colombiano: un enfoque smithiano]]></article-title>
<article-title xml:lang="en"><![CDATA[The impact of infrastructure on economic growth in Colombia: a Smithian approach]]></article-title>
<article-title xml:lang="fr"><![CDATA[L&#8217;impact des infrastructures sur la croissance économique colombienne: une approche Smithienne]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Ortiz]]></surname>
<given-names><![CDATA[Carlos]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Jiménez]]></surname>
<given-names><![CDATA[Diana]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Cruz]]></surname>
<given-names><![CDATA[Gissel]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad del Valle Departamento de Economía ]]></institution>
<addr-line><![CDATA[Cali ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad del Valle Departamento de Economía ]]></institution>
<addr-line><![CDATA[Cali ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af3">
<institution><![CDATA[,Universidad del Valle Departamento de Economía ]]></institution>
<addr-line><![CDATA[Cali ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2019</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2019</year>
</pub-date>
<numero>90</numero>
<fpage>97</fpage>
<lpage>126</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0120-25962019000100097&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0120-25962019000100097&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0120-25962019000100097&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen: En este trabajo se propone una nueva forma de calcular el acervo infraestructural, el cual se compone de todos los activos durables de uso público, ya sean construidos por agentes privados o estatales. De esta forma, las regresiones del crecimiento económico para Colombia arrojan que no se puede descartar la hipótesis de rendimientos constantes a escala en el capital empresarial (agregado del capital fijo y el capital humano) y en la infraestructura. Se estima, además, que la elasticidad producto de la infraestructura es significativamente mayor que la del capital empresarial. Una vez se controla por la acumulación de los factores productivos, los principales determinantes del crecimiento (y la productividad) son la diversificación del sector industrial manufacturero, la capacidad de compra de la población y la tasa de homicidios. El enfoque smithiano del desarrollo económico es compatible con estos hallazgos. Finalmente, la descomposición del crecimiento económico nacional sugiere que este ha sido predominantemente extensivo.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract: This paper proposes a new way of calculating the infrastructural stock. This is composed of all durable assets for public use, whether built by private or state agents. In this way, economic growth regressions for Colombia yield that the hypothesis of constant returns to scale in entrepreneurial capital (aggregate of fixed and human capital) and infrastructure cannot be ruled out. It is also estimated that the product elasticity of infrastructure is significantly greater than that of entrepreneurial capital. Once controlled for the accumulation of production factors, the main determinants of growth (and productivity) are the diversification of the manufacturing industrial sector, the purchasing power of the population, and the homicide rate. The Smithian approach to economic development is compatible with these findings. Finally, the decomposition of national economic growth suggests that this has been predominantly extensive. Clasificación JEL: E01, E22, H54, O11, O47.]]></p></abstract>
<abstract abstract-type="short" xml:lang="fr"><p><![CDATA[Résumé: Cet article propose un nouveau mode de calcul la valeur de l&#8217;infrastructure, laquelle comprend tous les actifs durables à usage public, bien qu&#8217;ils soient construits par des agents privés ou par l&#8217;État. Les régressions de la croissance économique en Colombie montrent que l&#8217;hypothèse de rendements d&#8217;échelle constants du capital des entreprises (total du capital fixe et du capital humain) et des infrastructures ne peut être exclue. On montre également que l&#8217;élasticité de l&#8217;infrastructure par rapport au produit est nettement supérieure à celle du capital de l&#8217;entreprise. Une fois contrôlés par l&#8217;accumulation de facteurs productifs, les principaux déterminants de la croissance (et de la productivité) sont : la diversification du secteur manufacturier industriel, le pouvoir d&#8217;achat de la population et le taux d&#8217;homicides. L&#8217;approche théorique de Smith en matière de développement économique est compatible avec ces résultats. Enfin, on montre que la décomposition de la croissance économique nationale suggère que celle-ci a été largement extensive. Clasificación JEL: E01, E22, H54, O11, O47.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[infraestructura]]></kwd>
<kwd lng="es"><![CDATA[crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[diversificación productiva]]></kwd>
<kwd lng="es"><![CDATA[capacidad de compra]]></kwd>
<kwd lng="es"><![CDATA[derechos de propiedad]]></kwd>
<kwd lng="es"><![CDATA[rendimientos a escala]]></kwd>
<kwd lng="en"><![CDATA[infrastructure]]></kwd>
<kwd lng="en"><![CDATA[economic growth]]></kwd>
<kwd lng="en"><![CDATA[productive diversification]]></kwd>
<kwd lng="en"><![CDATA[purchasing power]]></kwd>
<kwd lng="en"><![CDATA[property rights]]></kwd>
<kwd lng="en"><![CDATA[scale economies]]></kwd>
<kwd lng="fr"><![CDATA[infrastructure]]></kwd>
<kwd lng="fr"><![CDATA[croissance économique]]></kwd>
<kwd lng="fr"><![CDATA[diversification de la production]]></kwd>
<kwd lng="fr"><![CDATA[pouvoir d&#8217;achat]]></kwd>
<kwd lng="fr"><![CDATA[droits de propriété]]></kwd>
<kwd lng="fr"><![CDATA[rendements d&#8217;échelle]]></kwd>
</kwd-group>
</article-meta>
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<publisher-name><![CDATA[Fondo de Cultura Económica]]></publisher-name>
</nlm-citation>
</ref>
<ref id="B25">
<nlm-citation citation-type="journal">
<person-group person-group-type="author">
<name>
<surname><![CDATA[Solow]]></surname>
<given-names><![CDATA[Robert Merlon]]></given-names>
</name>
</person-group>
<article-title xml:lang=""><![CDATA[Technical change and the aggregate production function]]></article-title>
<source><![CDATA[The Review of Economics and Statistics]]></source>
<year>1957</year>
<volume>39</volume>
<numero>3</numero>
<issue>3</issue>
<page-range>312-20</page-range></nlm-citation>
</ref>
</ref-list>
</back>
</article>
