Resiliencia económica regional y economía solidaria. El caso de Colombia

Abstract

Studies about economic growth address resilience as the ability of GPP or employment rate to resist and return to former state of performance after experiencing an adverse exogenous shock. In this way, the literature has resorted to the classic determinants of growth–income, investment in physical capital, level of human and social capital– to understand this process. However, the influence of the solidarity economy on the resistance / recovery index of regional economies has not been treated, which constitutes a gap in the theory and analysis of public policy. Therefore, the article aims to support the inclusion of the solidarity economy in the regional economic resilience analysis, just as social capital is considered explanatory factor of growth models. For this, the case of Colombia as an emerging economy is proposed and two panel models are estimated; information from three time periods between 1999-2019 is used. Finally, the document provides a measure of economic resilience for solidarity sector in Colombia, as well as theoretical, methodological, and public policy considerations.