Effects of the Colombia Peace negotiation process on gross domestic product per capita

Fanta, Javiera ; Larramona, Gemma (Universidad de Zaragoza)

Resumen: This article attempts to determine whether the peace negotiation process initiated in Colombia that culminated with the Peace Treaty in 2016 had a positive economic effect, using the National Gross Domestic Product per capita as a measure. We apply a synthetic control method that is appropriate for a policy evaluation. Considering the anticipated and realized effects on economic variables, our results suggest that the Peace Treaty has positively influenced gross domestic product per capita. Furthermore, this positive effect has been maintained through 2021, the last available year of data. Data to 2021 show post‐pandemic Colombia is better off when compared with a hypothetical Colombia—or synthetic Colombia—that did not begin a peace negotiation process.

Idioma: Inglés

DOI: 10.1111/lamp.12316

Año: 2023

Publicado en: Latin American Policy 14, 4 (2023), 568-579
ISSN: 2041-7365

Factor impacto CITESCORE: 1.1 - Political Science and International Relations (Q3) - Sociology and Political Science (Q3)

Factor impacto SCIMAGO: 0.236 - Sociology and Political Science (Q3) - Political Science and International Relations (Q3)

Tipo y forma: Article (Published version)

Área (Departamento): Área Fund. Análisis Económico (Dpto. Análisis Económico)