Análisis del comportamiento fiscal de los municipios de Colombia en el periodo 1993 – 2007

Abstract

This document introduces a study of the budget execution and the regional fiscal indicators between 1993 and 2007. For this purpose, the budget execution of the territorial entities of Colombia was calculated on an aggregated format, in agreement to the FMI methodology, and then, the fiscal indicators were designed, distinctively to those calculated by The Territorial Development Division of the Department of National Planning, first, because macroeconomics indicators were elaborated (according to the national GDP) and second, because indicators that measures The Behavior of Origin and The Use of Resources in the municipalities were also achieved. The analysis of these indicators was performed taking into account: (i) the most important structural reforms realized in the considered period, (ii) the economic cycles that the country has faced between 1993 and 1999, recession period, and between 2000 and 2007, expansion period. All these descript results were developed through six clusters: Territorial level, capital cities, medium municipalities (Between 100 thousand and 1 million inhabitants), and small municipalities (less than 100 thousand inhabitants). On this way, the economical situation of the territorial entities was evaluated from a fiscal perspective.