Menos violencia, más crecimiento- Caso colombiano: 2005-2015

Abstract

This article presents an analysis of how economic growth at the departmental level in Colombia between the years 2005-2015 has been affected by crime -- The objective is to establish the existing relationships between these variables, by the increase in security expenditure that occurred during the presidency of Álvaro Uribe Velez in the period 2002-2006, so it is based on the hypothesis that investment in security increases confidence in the country, which stimulates domestic and foreign investment, and finally is reflected in a significant and positive way in economic growth -- To corroborate this, a dynamic data panel model of the Arellano Blundell-Bond form is implemented, where the results corroborate the inverse relationship between the crime and the departmental output