<?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>2619-6573</journal-id>
<journal-title><![CDATA[Ensayos de Economía]]></journal-title>
<abbrev-journal-title><![CDATA[Ens. Econ.]]></abbrev-journal-title>
<issn>2619-6573</issn>
<publisher>
<publisher-name><![CDATA[Universidad Nacional de Colombia]]></publisher-name>
</publisher>
</journal-meta>
<article-meta>
<article-id>S2619-65732017000200079</article-id>
<article-id pub-id-type="doi">10.15446/ede.v27n51.69104</article-id>
<title-group>
<article-title xml:lang="es"><![CDATA[Crecimiento económico y política fiscal: una revisión crítica de la literatura]]></article-title>
<article-title xml:lang="en"><![CDATA[Economic Growth and Fiscal Policy: A Critical Review of the Literature]]></article-title>
</title-group>
<contrib-group>
<contrib contrib-type="author">
<name>
<surname><![CDATA[Chamorro Narváez]]></surname>
<given-names><![CDATA[Raúl]]></given-names>
</name>
<xref ref-type="aff" rid="Aff"/>
</contrib>
</contrib-group>
<aff id="Af1">
<institution><![CDATA[,Universidad Nacional de Colombia  ]]></institution>
<addr-line><![CDATA[Bogotá ]]></addr-line>
<country>Colombia</country>
</aff>
<pub-date pub-type="pub">
<day>00</day>
<month>12</month>
<year>2017</year>
</pub-date>
<pub-date pub-type="epub">
<day>00</day>
<month>12</month>
<year>2017</year>
</pub-date>
<volume>27</volume>
<numero>51</numero>
<fpage>79</fpage>
<lpage>107</lpage>
<copyright-statement/>
<copyright-year/>
<self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_arttext&amp;pid=S2619-65732017000200079&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_abstract&amp;pid=S2619-65732017000200079&amp;lng=en&amp;nrm=iso"></self-uri><self-uri xlink:href="http://www.scielo.org.co/scielo.php?script=sci_pdf&amp;pid=S2619-65732017000200079&amp;lng=en&amp;nrm=iso"></self-uri><abstract abstract-type="short" xml:lang="es"><p><![CDATA[Resumen En este documento se discuten diferentes aspectos sobre la relación entre crecimiento económico y política fiscal. Desde un punto de vista teórico, se parte del modelo propuesto por Barro (1990). Luego se introducen algunos modelos desarrollados posteriormente, los cuales están en línea con los principales resultados de Barro. Por otra parte, existen muchos estudios empíricos que dan soporte al marco de los modelos de crecimiento endógeno, por cuanto aportan evidencia de que el gasto público afecta la tasa de crecimiento económico de largo plazo. Una corriente de la literatura sobre este tema resalta que los trabajos empíricos deben desagregar el gasto público. Además, es necesario incluir explícitamente la restricción presupuestaria del gobierno, dado que sus decisiones sobre gastos e ingresos no son independientes. Finalmente, cuando se consideran varios países, la técnica de datos panel parece ser mejor que otras a fin de evaluar los efectos de la política fiscal en el crecimiento. JEL: O38, O47, O49, H50, E62.]]></p></abstract>
<abstract abstract-type="short" xml:lang="en"><p><![CDATA[Abstract This study discusses different issues about the relationship between economic growth and fiscal policy. From a theoretical point of view, we start with the model developed by Barro (1990). Then, some later models are introduced, which are in line with the main results in Barro. On the other hand, several empirical studies support the endogenous growth models framework, since government spending has been found to affect long-run economic growth rates. A number of studies on this issue stress that empirical work needs to disaggregate public expenditure. It is also important to include explicitly the government budget constraint given that government decisions on spending and revenues are not independent of each other. Finally, whenever several countries are considered, panel data technique seems to be better than others in order to evaluate the effects of fiscal policy on growth. JEL: O38, O47, O49, H50, E62.]]></p></abstract>
<kwd-group>
<kwd lng="es"><![CDATA[crecimiento económico]]></kwd>
<kwd lng="es"><![CDATA[política fiscal]]></kwd>
<kwd lng="es"><![CDATA[gasto público]]></kwd>
<kwd lng="es"><![CDATA[crecimiento endógeno]]></kwd>
<kwd lng="es"><![CDATA[restricción presupuestaria del gobierno]]></kwd>
<kwd lng="en"><![CDATA[economic growth]]></kwd>
<kwd lng="en"><![CDATA[fiscal policy]]></kwd>
<kwd lng="en"><![CDATA[public expenditure]]></kwd>
<kwd lng="en"><![CDATA[endogenous growth]]></kwd>
<kwd lng="en"><![CDATA[government budget constraint]]></kwd>
</kwd-group>
</article-meta>
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