<?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>0124-5996</journal-id>
<journal-title><![CDATA[Revista de Economía Institucional]]></journal-title>
<abbrev-journal-title><![CDATA[Rev.econ.inst.]]></abbrev-journal-title>
<issn>0124-5996</issn>
<publisher>
<publisher-name><![CDATA[Universidad Externado de Colombia]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S0124-59962018000100185</article-id>
<article-id pub-id-type="doi">10.18601/01245996.v20n38.08</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Desarrollo, reestructuración del gasto público y alianzas público-privadas]]></article-title>
<article-title xml:lang="en"><![CDATA[Development, restructuring of public spending and public-private partnerships]]></article-title>
<article-title xml:lang="pt"><![CDATA[Desenvolvimento, reestruturação da despesa pública e parcerias público-privadas]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Botero-García]]></surname>
<given-names><![CDATA[Jesús]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
<contrib contrib-type="author">
<name>
<surname><![CDATA[García-Guzmán]]></surname>
<given-names><![CDATA[José]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad EAFIT Grupo de Investigación de Modelos Dinámicos Estocásticos de Equilibrio General ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Colombia</country>
</aff>
<aff id="Af2">
<institution><![CDATA[,Universidad EAFIT Grupo de Investigación de Modelos Dinámicos Estocásticos de Equilibrio General ]]></institution>
<addr-line><![CDATA[ ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>06</month>
<year>2018</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>06</month>
<year>2018</year>
</pub-date>
<volume>20</volume>
<numero>38</numero>
<fpage>185</fpage>
<lpage>207</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S0124-59962018000100185&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S0124-59962018000100185&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S0124-59962018000100185&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen Este artículo analiza los efectos de bienestar de mejoras en la inversión en educación e infraestructura con participación público-privada, en un marco fiscal de economía pequeña y abierta para la economía colombiana. Se construye un modelo DSGE donde las familias toman decisiones de capital humano y el gobierno financia megaproyectos colocando bonos de infraestructura. Los resultados sugieren mayores efectos en el ajuste de largo plazo y mejoras del bienestar social cuando el gasto público se focaliza en sectores con mayores niveles de empleo y se introducen mejoras tecnológicas y de innovación. JEL: B22, E27, E60.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This paper analyzes the welfare effects of improvements in investment in education and infrastructure with public-private participation, in a fiscal framework of a small and open economy for the Colombian economy. A DSGE model is built where families make decisions on human capital and the government finances megaprojects by placing infrastructure bonds. The results suggest greater effects in the long-term adjustment and improvements in social welfare when public spending is focused on sectors with higher levels of employment and technological and innovation improvements are introduced. JEL: B22, E27, E60.]]></p></abstract>
<abstract abstract-type="short" xml:lang="pt"><p><![CDATA[Resumo Este trabalho analisa os efeitos do bem-estar de melhorias no investimento em educação e infraestrutura com a participação público-privada, em um contexto fiscal de economia pequena e aberta para a economia colombiana. É construído um modelo DSGE onde as famílias tomam decisões de capital humano e o governo financia megaprojetos colocando bônus de infraestrutura. Os resultados sugerem maiores efeitos no ajuste a longo prazo e melhorias do bem-estar social quando a despesa pública se focaliza em setores com maiores níveis de emprego e são introduzidas melhorias tecnológicas e de inovação. JEL: B22, E27, E60.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[infraestructura]]></kwd>
<kwd lng="es"><![CDATA[modelo DSGE]]></kwd>
<kwd lng="es"><![CDATA[gasto público]]></kwd>
<kwd lng="es"><![CDATA[capital humano]]></kwd>
<kwd lng="en"><![CDATA[infrastructure]]></kwd>
<kwd lng="en"><![CDATA[model DSGE]]></kwd>
<kwd lng="en"><![CDATA[public spending]]></kwd>
<kwd lng="en"><![CDATA[human capital]]></kwd>
<kwd lng="pt"><![CDATA[infraestrutura]]></kwd>
<kwd lng="pt"><![CDATA[modelo DSGE]]></kwd>
<kwd lng="pt"><![CDATA[despesa pública]]></kwd>
<kwd lng="pt"><![CDATA[capital humano]]></kwd>
</kwd-group>
</article-meta>
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