Clculo de las variaciones en la productividad laboralNoviembre 18 de 2013
El artculo 8 de la Ley 278 de 1996, modificado mediante sentencia de la Corte Constitucional (C815/99), establece que para fijar el salario mnimo legal se debe tener en cuenta:La meta de inflacin del ao siguiente, fijada por el Banco de la RepblicaLa productividad acordada por el comit tripartito de productividadLa contribucin del salario al ingreso nacionalEl incremento del Producto Interno BrutoLa inflacin real del ao que culminaParmetros legales para el incremento del salario mnimo
La meta de inflacin del ao siguiente, fijada por el Banco de la RepblicaLa productividad acordada por el comit tripartito de productividadLa contribucin de la remuneracin al ingreso nacionalEl incremento del Producto Interno BrutoLa inflacin real del ao que culminaEl clculo de la productividad es una de las claves del ejercicioEl artculo 8 de la Ley 278 de 1996, modificado mediante sentencia de la Corte Constitucional (C815/99), establece que para fijar el salario mnimo legal se debe tener en cuenta:Parmetros legales para el incremento del salario mnimo
PTFElementos Metodolgicos
El uso convencional para estimar la productividad es a partir de una funcin de produccin, la cual representa la tecnologa.
La funcin ms difundida es la Cobb Douglas la cual impone la condicin de elasticidad de substitucin constante e igual a uno entre los factores capital y trabajo. Aunque no es necesario, se asumen rendimientos constantes a escala.
El resultado convencional es que a cada factor se le paga el valor de su productividad marginal. Por lo tanto, el valor agregado de la produccin se distribuye de acuerdo con esta regla entre los factores. Las participaciones factoriales de la funcin, se pueden obtener a partir de estimaciones economtricas. Las cuales pueden de forma lineal o en trminos logartmicos.
Alternamente, se pueden deducir estas participaciones de las estadsticas de distribucin del ingreso compiladas por el Sistema de Cuentas Nacionales (SCN). Este el mtodo de la contabilidad del crecimiento.
Esta alternativa es usada por las agencias y el Gobierno. Ver por ejemplo: el manual para la medicin del capital de la OECD (2001); el Bureau of Labor Statistics (BLS), el Bureau of Economic Analysis (BEA) en USA; y el Australian Bureau of Statistics (ABS) entre otros.
Cmo se calcula la PTF?
Y es el PIBA es la PTF (o productividad) L es el nmero de ocupadosK es el stock de capital calculado a partir de la metodologa de inventario permanente y se asume una tasa de depreciacin de que ha sido estimada con diferentes mtodos. es la participacin del empleo en la renta nacional total(1-) es la participacin del empleo en la renta nacional total
Cmo se calcula la PTF?Cmo se calcula la PTF?
Se puede realizar de muchas maneras, con funciones extendidas que adems de los factores de capital y trabajo se incluyen elementos de control como la capacidad utilizada, la tasa natural de desempleo o las importaciones de bienes de capital.
Otro elemento que influye en el valor de la productividad es la forma como se calculan los factores de la produccin. Una manera es incluirlos con sus valores brutos o totales, solamente construyendo los stocks a partir del mtodo de inventario permanente.
La otra alternativa es construir los stocks de los factores en forma ponderada. Ello genera mayor capacidad analtica a los resultados obtenidos. Este enfoque se conoce como el mtodo de servicios factoriales.
Cmo se calcula la PTF?: En general la PTF es calculada a partir del residuo de la funcin de produccin
Este enfoque reconoce una diferencia relevante en los efectos que tiene sobre el crecimiento de la produccin la acumulacin de activos o la oferta de trabajo es su calidad o calificacin.
Al no ser introducidos explcitamente los aspectos de calidad y eficiencia en la funcin de produccin, se acumulan estos elementos en el residuo. Ello conlleva a conclusiones errneas sobre los aportes parciales de cada factor y el comportamiento de la productividad multifactorial.Una valoracin inadecuada de estos servicios introduce errores de medicin sobre la contribucin del factor al crecimiento. Por ejemplo, hay que tener en cuenta que los activos de capital de ltima generacin son ms productivos que los activos de generaciones anteriores.
Una medicin del acervo de capital en unidades fsicas no logra capturar estas diferencias en la calidad de la inversin y por tanto subestima su aporte a la produccin.
Las implicaciones de esta omisin son la subestimacin de la contribucin del factor capital y la sobreestimacin del residuo.
Cmo se calcula la PTF?: Mtodo de servicios factoriales
En literatura relevante en este contexto se observa que en las estimaciones oficiales, se opta por el enfoque de la funcin de produccin (Mishkin 2007, CBO 2001, EPC 2001) en paralelo con alguna tcnica de filtros univariados para el clculo de medidas de tendencia del empleo, la productividad.
En Estados Unidos por ejemplos en las distintas agencias de estadsticas combinan mtodos univariados con base en el filtro de Hodrick-Prescott, filtros con intervalos de confianza y la funcin de produccin.
En los organismos de carcter multilateral como OECD, la Comisin de la Unin Europea, entre otros, recurren a alguna versin de la funcin de produccin. Las referencias en este contexto son amplias (Ver por ejemplo Cotis, Elmeskov y Mourorougane, Giorno, Richardson. Roseveare y Van den Noord 1995, Denis, Mc Morrow y Rger 2002).
El FMI, si bien se recurre a alguna versin de la funcin de produccin en estimaciones oficiales de carcter multi-pas, tambin recurre a diversos mtodos que en opinin de los expertos de la institucin se ajustan mejor a las condiciones particulares de cada pas.
El BCE no hace mediciones oficiales del producto potencial para fijar los valores de referencia de su poltica monetaria, mientras que el ESCB prefiere mtodos centrados en alguna versin de filtros a la Hodrick-Prescott (Bouthevillain et al 2001).
Cmo se calcula la PTF?: La practica general
Estimacin de la PTF
Y es el PIBA es la PTF (o productividad) L es el nmero de ocupadosK es el stock de capital calculado a partir de la metodologa de inventario permanente y se asume una tasa de depreciacin de que ha sido estimada con diferentes mtodos. es la participacin del empleo en la renta nacional total(1-) es la participacin del capital en la renta nacional total
Cmo se calcula la PTF?Estimacin de la PTF: Mtodo de Funcin de Produccin
El Uso de la Funcin de Produccin Contabilidad delCrecimiento. La contabilidad del crecimiento, bajo los supuestos habituales permite expresar la tasa de crecimiento del producto como la suma del crecimiento ponderado de los factores y la productividad.
PIBP = A* F (SSKt SSLt) (1)
La relacin funcional entre el nivel del producto y los factores se realiza no a partir de la disponibilidad fsica de los factores sino de los servicios que estos prestan.
pibpt = *sskt + (1 - )*sslt + at (2)
Las variables en minsculas denotan que estn expresadas en logaritmos y simboliza la primera diferencia.
El Uso de la Funcin de Produccin Contabilidad delCrecimiento.
(SSK) y (SSL) corresponden a los servicios de los factores capital y trabajo.
El parmetro A tericamente denota la contribucin del progreso tcnico.
Este parmetro tambin refleja los errores de especificacin y de medicin en las variables de inters.
Los parmetros y (1- ) representan la participacin del crecimiento de losfactores en el crecimiento del producto
Estos parmetros son estimados econometricamente. Sin embargo, hay que tener cuidado con las variables que miden la evolucin factorial, etc.). Por ello es importante ser cuidadoso con la medicin de los factores y sus servicios asociados
El Uso de la Funcin de Produccin Contabilidad delCrecimiento.
La estimacin economtrica requiere que los servicios del capital en la funcin sean ajustados a fin de reflejar la intensidad de uso de estos servicios.
Esto implica contar con algn indicador de la UCI (utilizacin del capital) que al no ser directamente observable en la prctica puede generar problemas de calidad de las estimaciones economtricas.
Tambin se requiere medir el factor trabajo de acuerdo con su nivel de utilizacin. Por ello, se utiliza la tasa natural de desempleo.
El Uso de la Funcin de Produccin Contabilidad delCrecimiento. La estimacin del parmetro de productividad en la ecuacin (2) se realiza demanera convencional, recurriendo a la formula del residuo.
Es decir, que del crecimiento observado de la produccin se restan las contribuciones al crecimiento observado de los factores (SSK) y (SSL) como se denota en la ecuacin (3).
pibpt - *sskt - (1- )*sslt = at (3)
La estimacin de la PTF a partir de la ecuacin (3) se basa en el crecimiento observado del producto y en la contribucin histrica al crecimiento lo cual refleja la participacin en el ingreso.
La variacin en la PTF se estima a partir de la siguiente funcin:
Crecim. PTF = Crecim. PIB x (Crecim. L) (1-) x (Crecim. K)
Un estudio elaborado por el DNP encontr para el caso colombiano el valor de es 58%.
Sin embargo, existen otras estimaciones en las cuales el parmetro se encuentra entre 56% y 62% (ver Jorge Ivn Rodrguez, DNP, Juan Ricardo Perilla Jimnez, DNP y Jos Daniel Reyes Pea, BID); Clavijo Sergio y Crdenas.
Cmo se calcula la PTF?Estimacin de la PTF
La estimacin de los parmetros se hace por mtodos economtricos de series de tiempo. Para los cual se establece el siguiente procedimiento:
Se trabajo utilizando las serie de capital incluyendo el solamente el 30% del stock de vivienda asociado a la produccin en el hogar.
Para la serie de trabajo se utiliz la serie de 7 ciudades que publica el DANE.
Preparacin de las series estadsticas y transformaciones logartmicas para obtener directamente las elasticidades.
Realizacin de pruebas de raz unitaria para establecer la estacionariedad de las series utilizadas de producto, capital y trabajo (pueden utilizarse las pruebas de ADF-Dickey Fuller o KPSS). Estimacin de la ecuacin de cointegracin (puede ser por mtodos de mnimos cuadrados ordinarios o a partir de la seleccin de vectores de cointegracin por el mtodo de Johansen.
Con ello se pueden obtener las elasticidades de largo plazo.
Finalmente, si se requieren las elasticidades de corto plazo, se efecta la ecuacin de Mecanismo de Correccin de Errores - MCE
Estimacin de la PTF: Procedimiento
Estimacin de la PTF Diferentes modelos
Cmo se trabajaron las series de los factores: el stock de capital
Stock de capital: Metodologa Esta variable se expresa en trminos potenciales, para ello se recurre al uso de filtros estadsticos (como el filtro de HP) con fin de encontrar la tendencia de la serie.
La simple medicin del acervo fsico no logra capturar la calidad de la inversin y por tanto subestima su aporte a la produccin.
Los servicios del capital se definen como su contribucin a la produccin medido en unidades de servicio.
La recomendacin metodolgica es convertir cada activo en Unidades de Eficiencia Standard (Standard Efficiency Units) usando un Perfil de Edad-Eficiencia (Age-Efficiency Profile) para cada uno de ellos.
Stock de capital: Metodologa
Estos servicios se definen y calculan de acuerdo a las recomendaciones del manual de la OECD (2001) para la medicin de las estadsticas del capital.
Finalmente, se construye un ndice agregado del volumen de servicios ponderando el volumen de servicios por el costo de uso (CU) de los diferentes activos.
Si bien la estimacin de los servicios del capital no requiere de los supuestos habituales sobre la funcin de depreciacin de cada activo, si se requiere establecer la forma que adopta el perfil de vida til.
La determinacin del perfil Edad-Eficiencia, se asocia con la eleccin de la forma funcional que representa de manera ms realista la forma como decae la eficiencia de los distintos activos en la produccin.
Stock de capital: Metodologa
Los supuestos ms usuales usados en la literatura de este perfil son:
En el primer caso, el perfil lineal asume que la eficiencia del activo se reduce en una cantidad igual cada periodo;
El perfil constante asume que la eficiencia es constante durante toda la vida til del activo y desaparece repentinamente al final de sta;
El perfil geomtrico, asume que la eficiencia se reduce a una tasa fija determinada y asume, por tanto, que la reduccin de la eficiencia es mayor al inicio y menor al final de la vida til del activo;
Por ltimo, el perfil hiperblico, que asume que la disminucin de la eficiencia ocurre a ritmo ms lento inicialmente y se acelera a medida que se acerca el final de la vida til del activo.
Stock de capital: Metodologa As, el perfil geomtrico asume una tasa de disminucin constante del 10%, y el perfil hiperblico se realiza a partir de la siguiente ecuacin:
Et = E0 T T(t -1) T - (t -1)
Donde E denota la eficiencia del capital, T el tiempo de vida til estimado parael activo y es un coeficiente de pendiente la velocidad de la perdida deeficiencia- que en este ejemplo es 0.5.
Asociado con cada perfil edad eficiencia de los distintos activos se encuentra elperfil edad precio que representa el precio del activo en cada momento de suvida til(4)
Perfiles Edad-Eficiencia y Edad-Precio Bajo Distintas Formas Funcionales
Grfico1
11
0.8620.8209687832
0.7240.6558891272
0.5860.5054586101
0.4480.3704096888
0.310.2515114432
0.1720.1495714069
0.0340.0654374905
Perfil Edad-Eficiencia
Perfil Edad-Precio
Indice
Perfil Lineal
Cuadro1
Cuadro 2
DocumentoAoPeriodoTipo de InversinCosto UsoMuestraFuentes informacinDepreciacinTasa de intersPrecios RelativosOtros SupuestosConclusiones
DocumentoAoPeriodoTipo de InversinCosto Uso
Ocampo et al.1985
Carrizosa19861950-1986Total5% en 1953, 8% en 1960, 15% entre 1967 y 1974, 40% en 1982 y 20% en 1983-1984.Sector empresarial no financieroBoletines estadsticos de la supersociedadesNoSupuestos dela utorNoInflacin esperada
Dailami19891981-1985TotalPara 1981-1985 14.6%, para 1995 22%Sector empresarial no financieroBoletines estadsticos de la supersociedadesConstante 5%Supuestos dela utorN.R.Incluye deducciones por inflacin y depreciacin sobre los bienes de capital. La razn deuda capital decrece 5% anual.La reforma tribuatia de 1986 incrementaria el csto de uso en 8 puntos porcentuales pasando de 14.6% en promedio para 1981-1985 a cerca de 22% para 1995
Fainboim19901950-1987Agregado Total y por tipo de inversinSi se considera el perodo 1950-1987 (12.3% - 15%) o un poco mayor (13.8%-16.4%) si se considera el perodo 1968-1987. Estos porcentajes dependen del tipo de inversin.Inversin totalInformacin del SCN; Banco de la Repblica y DANEConstante 10%Tasa de interes nominal ajustada por inflacin (La calculada en Carrizosa 1986)Precio de la maquinaria en USA como proxi del precio de los bienes de capital o usando alternativamente el deflactor implicito de la inversin correspondiente.Al cambiara la inflacin esperada por la observada ex-post el signo de la tasa de inters es contrario al esperado.CU presenta alta volatilidad ocasionada por el efecto de la devaluacin sobre los bienes importados, cambios en tributacin y tasa de inters nominal. En relacin con los componentes de la inversin por tipo de bien, la inversin en construccin es el com
Valderrama19911986-1989TotalAntes de 1986 23% para financiacin con acciones y 1.4% financiacin con deuda. Para 1989 los porcentajes eran 17.1% y 4.8% respectivamente.Sector empresarial no financieroBoletines estadsticos de la supersociedadesN.R.Tasa de interes nominal ajustada por inflacin.N.R.Incluye deducciones por inflacin.Antes de la reforma de 1986 el costo de uso era de 23% para el capital accionario y 1.4% para el endeudamiento, con la reforma para 1989 las tasas respectivas seran 17.1% y 4.8%.
Bustamante y Fainboim19911951-1987Maquinaria Y Equipo /19.4% - 9.8%
Equipo de Transporte11.50%
Inversin Fija13.60%
Vivienda15.10%
Otras Construcciones14.30%
Olivera19931980-1993Promedio del PeriodoSi se considera el perodo 1980-1991 sin efecto fiscales (27.1%), A partir de 1990 el costo de uso se reduce de niveles cercanos al 28% (promedio entre 1980-1989) a alrededor de 24.5% entre 1990-1993. Con efectos fiscales en estos mismos perodos las tasInversin privada totalSCN, DNPConstante 4%Tasa de interes nominal CDT 90 dias promedioCapital: Deflactor implicito de la serie de inversin privada. Producto: Deflactor implicito del PIB. Precios Relativos: Tasa media de aumento de los bienes de capital constante.No considera deducciones ni descuentos tributarios.Incluye aranceles, costo de fletes y seguros de importacin. Con el fin de aislar el efecto de una devaluacin real y hacer evidente los efectos de la poltica fiscal, utiliza los promedios de las gananciReduccin de aranceles desde finales de los 80 y reduccin de la tasa impositiva sobre sociedades anonimas genera una reduccin del CU, cambios en la tarifa IVA no tiene efecto significativo.
Cardenas y Olivera19951951-1993Desde 1950Alrededor de 40% en 1990N.R.DANEConstante 4%Tasa de Inters real: clculada a partir de la tasa de inters pasiva nominal ms la depreciacin del capital menos la valorizacin del capital existente. Factor tributario: Incluye efectos de la tributacin directa, IVA e impuestos y sobretasas a las imPrecios Relativos: Indice de precios de E.E. U.U. multiplicado por el indice de tasa de cambio nominal de los bienes de capital. Como indicador del precio del producto se toma el Indice de precios al productor.No incluye algunos impuestos ni los costos por seguros y fletesEl CU ha tenido tendencia creciente desde 1970 explicados por el aumento de los precios relativos del capital respecto al producto, fuertes devaluaciones durante el perodo, una mayor tasa de interes real en 1989-1993 y un mayor aumento del factor tributa
Soto y Steiner19981996Total (1996)33.70%Inversin privada totalMuestra de empresas de la superintendencia de sociedadesTomada de PomboNominal de captacin y ColocacinN.R.El analisis tiene en cuenta el tipo de inversin y fuentes de financiamiento por sectores econmicos (emisiones, deuda, utilidades retenidas)Los sectores minero, financiero y transporte son los que mayor costo presentan. Las empresas que se financian con utilidades enfrentan mayor costo de capital (48.9%)
Retencin de utilidades48.90%
Financiamiento con acciones33.90%
Financiamiento con deuda29.70%
Pombo19971970-1995Maquinaria16.00%Industria colombianaEncuesta manufacturera, Banco de La RepblicaPor tipo de activo.CDT 90 dias y FainboimIndice de precios de los bienes de inversibn calculado por el autorIncluye deducciones por depreciacin pero excluye impuestos que recaen sobre el activo. Estima tasas de depreciacin por tipo de bien.CU se ha incrementado debido a cambios en tasa real de descuento, precio de los bienes de capital, tasa de cambio real y cambios en politica arancelaria.
Edificios y Estructuras10.40%
Equipo de Transporte19.60%
Equipo de Oficina18.20%
19991990-1995Maquinaria25.60%
Edificios y Estructuras14.10%
Equipo de Transporte31.10%
Equipo de Oficina27.80%
Rhenals20051997-2003Por Sector y tipo de bien1997 39.5% 2003 25.1%Empresas No FinancierasMuestra de empresas de la superintendencia de sociedadesTomados de PomboPromedio ponderado de las tasas de colocacin ordinarias y preferenciales semanales registradas por el Banco de la Republica.N.R.Tasas de inflacin reportadas por el DANE. Usa la tasa marginal de renta corporativa y de ganancias de capital para personas jurdicas, 35%, y para la tasa de renta de personas naturales se tomo la tasa marginal promedio, 28%. Para el IVA, se tomaron paraDurante el perodo 1997-2003 la inversin fue financiada principalmente con recursos de capital (aumentos de capital y emisin de acciones) Desde 1997 el CU se ha reducido en 14.4 puntos porcentuales
Botero et al.20071990-2007Constante 10%
1/ Maquinaria importada de Estados Unidos 9.4% otra maquianria 9.8%.
2/ Corresponde a la suma del acervo de capital de las empresas y administraciones pblicas y los distintos activos de la infraestructura nucleo. Las cifras
de los agregados no concuerdan con la sumatoria por empresas y componente de infraestructura, el documento no suministra detalle de la construccin
3/ Corresponde a la suma del acervo de capital de las empresas privadas y no residencial de los hogares
4/ Londoo no suministra informacin sobre las tasas de depreciacin , pero la recosntruccin de las series usadas por l permite inferir estas tasas para
diferentes perodos: En la agricultura 1936-1947 (5%/), 1948-1967 (3.5%) y 1968-1986 (1%).
5/ 1936-1955 (5%), 1956-1972 (7%) y 1973-1986 (9%)
6/ 1936-1961(3.6%), 1962-1974 (5%), y 1975-1986 (6%).
7/ En este caso la tasa de depreciacin corresponde al valor mnimo y mximo reportado por el autor para el activo en distintos sectores segn clasificacin
CIIU a tres digitos, el valor en parentesis es el valor de la depreciacin promedio del activo para el total de la industria manufacturera
N.D. No disponible
N.R. No reportado
Fuente: Docuemntos de los Autores referencaidos, el resumen es propio.
Cuadro 3
AOSObservadoMAXMINPromDESVESTCRITERIOS
1950-20104.264.264.264.260.00
2006-20104.584.674.454.540.06Se excluye SSK-MIN-iact, MAX est dado por SSK-MAX-iact(=0.5 Part. Orig.), MIN est dado por SSK-MIN-EBE(=0.4 Precios encadenados)
2001-20053.633.182.753.010.11Se excluye SSK-MIN-iact, MAX est dado por SSK-MIN-EBE(=0.4 Precios Encadenados), MIN est dado por SSK-MAX-iact(=0.5 Part. Orig.)
1996-20000.962.542.142.370.12
1991-19954.564.283.773.960.14
1986-19904.593.483.293.380.06
1981-19852.254.063.813.970.07
1950-20104.264.264.264.260.00
2006-20104.584.674.474.550.06Se excluye SSK-MIN-EBE, MAX est dado por SSK-MAX-iact(=0.5 Part. Orig.), MIN est dado por Acervo(=0.4 Precios encadenados)
2001-20053.633.112.752.990.11Se excluye SSK-MIN-EBE, MAX est dado por Acervo(=0.4 Precios Encadenados), MIN est dado SSK-MAX-iact(=0.5 Part. Orig.)
1996-20000.962.542.262.420.08
1991-19954.564.193.773.920.11
1986-19904.593.483.293.390.05
1981-19852.254.063.813.970.07
1950-20104.264.264.264.260.00
2006-20104.584.604.474.530.04Se excluye SSK-MAX-iact, MAX est dado por SSK-MAX-EBE(=0.5 Part. Orig.), MIN est dado por Acervo(=0.4 Precios encadenados)
2001-20053.633.112.873.010.07Se excluye SSK-MAX-iact, MAX est dado por Acervo(=0.4 Precios Encadenados), MIN est dado por SSK-MAX-EBE(=0.5 Part. Orig.)
1996-20000.962.472.262.400.08
1991-19954.564.193.773.930.14
1986-19904.593.483.293.390.07
1981-19852.254.063.964.000.03
Cuadro 3
1111111111111111111111
PIB Potencial SSK-MIN-iact =0.4
PIB Observado
PIB Potencial SSK-MIN-iact =0.5
PIB OBS
Graf 1-4
111111111111111111111
PIB Potencial SSK-MIN-iact Precios encadenados =0.5
PIB Observado
PIB Potencial SSK-MIN-iact Precios encadenados =0.5
Crecimiento Anual
Graf 5 y 6
11111111111111111111
Graf 7-12.
Volver
Volver
Graf 7-12.
11
0.60.8389016149
0.360.6906679703
0.2160.5538691839
0.12960.4272093233
0.077760.3095127446
0.0466560.1997117648
0.02799360.0968355359
Perfil Edad-Eficiencia
Perfil Edad-Precio
Indice
Perfil Geomtrico
Graf 13-16
11
0.8620.8209687832
0.7240.6558891272
0.5860.5054586101
0.4480.3704096888
0.310.2515114432
0.1720.1495714069
0.0340.0654374905
Perfil Edad-Eficiencia
Perfil Edad-Precio
Indice
Perfil Lineal
Graf. 17-20
11
10.8952781864
10.7853202821
10.6698644825
10.548635893
10.4213458741
10.2876913541
10.1473541082
Perfil Edad-Eficiencia
Perfil Edad-Precio
Indice
Perfil Constante
Graf 21-22
11
0.93333333330.8295550889
0.85714285710.6652842597
0.76923076920.5095956918
0.66666666670.3655024679
0.54545454550.2368143172
0.40.1284123543
0.22222222220.0466550076
Perfil Edad-Eficiencia
Perfil Edad-Precio
Indice
Perfil Hiperblico
Graf 23-28
GeometricoLinearhiperbolicaConstante
11.001.001.001.00
20.590.770.771.00
30.350.570.551.00
40.210.390.351.00
50.120.250.191.00
60.060.130.091.00
70.030.050.031.00
80.010.010.010.00
Graf 23-28
11
Perfl Geomtrico
Perfl Lineal
Perfl Hiperbolico
Perfl Constante
Graf 29-31
PROPORCIONALIDAD
depmayordepmenordepnomrmalprecios encadenadosPIB
192514042.087067440424734.815525367719479.347930057329209.703024439512168.53641043021.60079628912.655192521.51%
192615306.784717942526534.14959876621015.908623690231585.436495945213330.35646971751.5765451338-0.01514943250.33%2.579192624.06%2.5197116018
192717147.252224492528970.819105082223165.054829344234639.38545697914531.08916256951.59417195570.01118066440.33%2.549192726.63%2.9563883221
192819460.507561779332024.672879923325877.798406357738504.83648786715598.40711177121.6590026290.04066730250.33%2.572192828.34%3.8582739368
192920880.155931361234354.996289868927799.397443346741539.381719419716159.86082463261.72027455840.03693299110.33%2.619192923.04%6.4012738116
193020736.286285679635137.802099206728152.078219640542595.47934629616020.88713333021.7572109450.0214712160.33%2.698193015.66%-18.208592644
193120256.283490486235444.545212017828063.470295474143059.977221626915765.1755413341.78009247170.01302150250.33%2.775193113.24%-8.2954482737
193219922.351203276335764.252749334828029.410760565343561.804872048916810.25769992741.6673992309-0.06330752050.33%2.659193214.79%2.2313386525
193320049.279298275736448.802929943328395.078894714344625.132377082517755.27880078311.599247143-0.04087328740.33%2.565193313.17%2.3418763122
193420252.653087671337168.243618049428815.209441952145583.645229713318872.62727885361.5268255456-0.04528480650.33%2.456193412.20%1.93869357193.801.5268255456
193520733.647286741838164.048810313429517.968420436947050.238989681519334.01993397731.5267372497-0.00005782970.33%2.458193513.81%5.64747431360.13909896053.851.5267372497
193621473.449428051439415.978196432130481.654382434548801.210446397520356.86630196231.4973647678-0.01923872750.33%2.403193614.27%2.69802465980.15693026634.001.4973647678
193722667.002707807141150.812605433631921.873846617551172.708683173220673.72631813161.54407934760.03119786230.33%2.452193716.02%10.29242722290.89053415644.531.5440793476
193823830.179077604242925.070851900533379.933801231153599.0655652622018.99164993791.5159610545-0.01821039390.33%2.386193815.70%2.41282890410.74598965314.281.5159610545
193925406.33955059145173.00398289435290.392795725456838.126065915723369.81592939641.5100843285-0.00387656790.33%2.339193916.21%2.64203149660.37006542163.821.5100843285
194026572.302416630547089.164323305236840.139617742259732.141843810223875.68016573681.54299853920.02179627320.33%2.373194015.66%7.23568371092.91449305713.531.5429985392
194127511.861697300548781.214342202638159.950143846162330.050433933924275.92439668741.57192572860.01874738610.33%2.401194114.05%8.3830798544.58234586993.291.5719257286
194228533.620605526250567.033099506239566.698607931665570.484929176124325.95492555621.62652190750.03473203470.33%2.444194212.34%59.865511375210.34576314213.781.6265219075
194329000.562917804651732.744966406340372.209380934267655.201618887124426.01598329391.65283644330.01617840840.33%2.492194313.11%31.874444950213.29902000594.391.6528364433
194429643.391686344153018.681080978741318.389540216969735.845330689926077.02343596531.5844749168-0.04136012770.33%2.399194413.31%1.969250954813.30207574424.361.5844749168
194531272.754392014855294.257336661843257.5487525272981.651131705327299.99191942571.58452606430.00003228040.33%2.389194516.30%3.475634938313.08489180674.151.5845260643
194633624.806126771558411.678009778846002.108608905577066.750239240229923.81521121331.5373076021-0.02979973840.33%2.294194617.82%1.85362621513.00045196223.791.5373076021
194737100.993200095662889.785119695950026.76966173882782.053438761931085.63527050061.60932112940.04684392840.33%2.356194721.52%5.542694450712.5254786853.711.6093211294
194839734.05295817866848.496355303153411.606304761188256.227134715731969.50794718331.67070467250.03814250740.33%2.415194819.78%6.95751944712.97994773934.171.6707046725
194941286.638162891669820.394384635955754.471764730892301.322358555534760.09966853361.6039790535-0.0399386080.33%2.282194913.34%1.527795391312.86852412873.841.6039790535
195045043.857438094674990.312175403960277.390562172396923.729291495735143.6670565281.71517077220.06932242570.33%2.329195014.61%13.237372218513.46869297953.911.7151707722
195148269.959079888179952.242059478964470.7797081929100898.03780263636238.97578007781.77904530470.03724091710.01807703682.331195115.06%4.833413104213.11372630453.801.7790453047
195251540.745002807985248.55165056268877.2742116888105304.85366231538524.81665923791.78786767040.0049590450.01807703682.264195215.17%2.40512697127.36768786413.371.7878676704
195356924.553016282392874.115271920375507.4425279481111541.45942121140867.12168404191.84763299730.03342827210.01807703682.255195320.23%3.32770642364.51301401153.151.8476329973
195463041.8379536429101778.65659346283199.5433297905119628.56266063443693.43927934421.90416558420.03059730310.01807703682.240195421.85%3.15883521664.63197243763.301.9041655842
195568975.9322105959110994.25346421590984.2584302729128162.87669601245401.24043021762.00400380180.05243147890.01807703682.288195522.79%5.83174122754.86758306663.472.0040038018
195673595.0556447995119281.64938892997647.2630290945136172.3715006747242.54578985932.06693482320.03140264570.01807703682.301195620.40%5.03101781215.18532222633.942.0669348232
195775084.9066699019124518.81399372101166.334028007142714.14899476248296.46342359392.09469445290.01343033630.01807703682.285195714.00%6.27499625035.25855240623.912.0946944529
195876536.8540887527129280.76573907104303.450219024148559.20014655949483.88526609662.10782661180.00626924790.01807703682.255195812.63%5.13744208095.07654466963.792.1078266118
195978752.2975471897134570.07096649108030.016827423155543.75850267653059.30981059832.0360237857-0.03406486360.01807703682.133195912.47%1.72531198685.09629632923.902.0360237857
196082476.7328014181141293.220348607113212.451325133162679.28797614655323.85700771472.04635861360.00507598580.01807703682.105196015.03%3.52164699574.12472380693.642.0463586136
196186622.9512566639148683.823492104118977.941718156170658.43325786758139.4081345682.04642505890.00003247-0.93%2.067196115.47%3.03908035753.94529053223.502.0464250589
196290375.5365895448155906.66448715124483.063221329178598.69587720661285.84872508862.0311877181-0.0074458338-0.93%2.015196214.43%2.66657671743.97143550683.552.0311877181
196393081.5878245421162093.497789213128922.495243299185273.91172448763300.13534447832.03668593350.0027068967-0.93%1.988196312.66%3.85121031564.0237858963.612.0366859335
196496920.1095453684169410.851686715134475.582055192192704.41858564167203.81754924862.001011058-0.0175161398-0.93%1.923196413.69%2.21986838363.92988921273.482.001011058
196598104.6785200436174250.485387214137477.389290575199672.30890919569623.1626371771.9745927086-0.0132025005-0.93%1.86819659.81%2.72445921243.61916101123.211.9745927086
1966100707.909380085180282.306291858141726.069858775208106.49012269473269.14376000141.9343213607-0.0203947617-0.93%1.805196611.14%2.12682355933.32874158592.921.9343213607
1967104129.065224516187111.262161618146770.632540294219190.99647331776298.72332976731.9236315647-0.0055263806-0.93%1.771196711.74%2.83994408972.98523636992.751.9236315647
1968109066.561731444195398.427528047153285.814323029231930.7788359180825.61661924061.8965004009-0.0141041373-0.93%1.725196812.85%2.1660607332.68809823512.571.8965004009
1969114943.756650103204753.586233615160823.979286027246358.03472245385758.0138616871.8753230403-0.0111665469-0.93%1.688196913.51%2.21426175422.73699321182.651.8753230403
1970122100.494458643215622.975924206169792.095680633261544.77424211591081.69724137041.8641736026-0.0059453424-0.93%1.662197014.36%2.31330246352.61615875862.531.8641736026
1971129334.878692627226994.145202583179106.71642647276685.2941422696510.82942109661.8558198857-0.0044811904-0.48%1.642197114.42%2.41922090552.55417281342.471.8558198857
1972135549.860134513237752.783707339187645.196278521291113.291428738103912.3873297111.8058019944-0.0269519104-0.48%1.588197213.33%1.73800783772.46131592552.351.8058019944
1973142581.252993714249640.45643021197171.022716724307899.092633271110898.370332541.777943374-0.0154272841-0.48%1.550197313.09%1.94762868632.27095776252.221.777943374
1974150666.388359027262813.846819637207861.676171526326243.211179528117270.3214182661.7725002682-0.0030614618-0.48%1.536197413.74%2.39110843832.2880817682.231.7725002682
1975157351.276312273274913.703705655217327.704261441342816.903063689119994.8103586941.81114252870.0218009899-0.48%1.562197513.15%5.65817434552.58145328132.341.8111425287
1976165235.80865435288464.594829379228115.996739056360539.471270465125668.6074508791.81521862430.0022505659-0.48%1.560197613.80%2.91943673162.66071459852.411.8152186243
1977172352.019403637301758.590329406238429.924577949378367.569129388130894.5433473771.82154212450.0034836025-0.48%1.557197713.11%3.15154771552.69187496112.441.8215421245
1978180836.779189551316611.902263628250174.097498896396877.109348033141981.181372091.7620229321-0.0326751666-0.48%1.498197813.06%1.54227179992.62949606782.331.7620229321
1979189287.635585978331881.966373152262125.581859259414879.725319785149618.5180583291.7519594851-0.0057113031-0.48%1.484197913.22%2.45677810272.65374770262.361.7519594851
1980199784.013200293349708.136443366276394.983416267436214.318164835155733.9560518161.77478945780.0130311077-0.48%1.502198014.69%3.59392503952.78180996022.451.7747894578
1981210835.506008878368638.211384621291505.816046233459083.005460212159279.8200554991.83014907940.03119221910.98%1.548198115.26%6.70229657593.21011752732.651.8301490794
1982221695.395253006387851.462322943306656.413631089482266.219596713160790.4629774581.90718036350.0420901690.98%1.611198215.55%16.39761882944.67607862653.091.9071803635
1983231903.449984065406856.860408766321367.044937076505425.244672367163321.2341784831.96769909650.03173204490.98%1.656198315.09%9.58923814655.44023957253.541.9676990965
1984241785.531218342425737.355434923335800.638164518529085.787158708168793.6122144071.98941555760.01103647460.98%1.669198414.80%4.41650929865.64277965853.801.9894155576
1985249546.489535289442637.349942372348135.097396205552750.511008346174038.2089940582.00033716390.00548985670.98%1.670198513.39%4.30852205385.50781442933.732.0003371639
1986259388.763957632461347.170537413362309.42438138578239.095104922184174.3267959151.9672091691-0.01656120550.98%1.636198613.63%2.33946380255.44981713643.621.9672091691
1987269060.838783355479934.832883167376312.621384399600147.39832046194062.5214358731.9391308461-0.01427317620.98%1.605198712.86%2.39440671655.37410303653.501.9391308461
1988281118.797091319501320.800666512392951.435400356626331.534408248201949.5585109761.94579001950.00343410220.98%1.606198814.05%3.45723126875.56559898343.961.9457900195
1989290302.195788135520409.811532743407059.233191414648432.712312875208844.3105294981.94910377090.00170303650.98%1.604198912.75%3.73492537595.69341371074.181.9491037709
1990303882.73436264544045.874957967425603.041210746667178.702145129217787.0204230061.95421674070.00262324140.98%1.585199012.28%2.86676115525.62069732234.081.9542167407
1991317295.55055212567268.663860093443764.460793263685388.941168341222952.7576858571.9903968240.01851385390.02258202771.586199111.30%4.76231269955.42669893473.961.990396824
1992335917.262009856595421.27651637466933.291959141708068.338095377232658.4604121322.00694739890.00831521370.02258202771.577199212.85%2.95285983394.08222303513.532.0069473989
1993365636.575478195635224.242704292501581.189851882740851.420624122245943.6381807982.03941518290.01617769560.02258202771.585199316.29%2.85360797093.40866001753.212.0394151829
1994398635.544345534680524.594971636540982.532785557778685.751903844258603.2088096972.09194052650.02575510080.02258202771.611199417.53%3.40650667873.30765975563.142.0919405265
1995429047.121158944725238.62959056579022.921707053816637.529611288272056.8793603042.12831567820.01738823420.02258202771.632199517.47%3.35832583493.21264013373.082.1283156782
1996456511.374144333768125.990017197614697.98960054852860.994472895277649.9735343652.21393138190.0402269760.02258202771.690199616.92%8.22999550333.80169330373.442.2139313819
1997481315.361468658808975.321240011647973.697372957886889.040350894287174.1830242852.25637865680.01917280510.02258202771.723199716.67%4.86102674434.04835530653.702.2563786568
1998500749.721813101845262.897728016676298.142590598915781.305077638288810.4558293262.34166779260.03779912360.02258202771.786199815.47%27.15698800886.41833098054.092.3416677926
1999500329.483688611861873.355496369684768.003921855924874.586361222276668.8202408642.47504580870.0569585560.02258202771.882199910.61%-2.52343309575.79249513345.102.4750458087
2000502345.01433547879420.496712586694585.933873952933752.1939612942847612.4391891231-0.01448728160.02258202771.862200011.67%3.99102027365.90492104525.332.4391891231
2001508873.640234686900526.238278761708275.561466523946090.6790068332895392.44621816570.00288171280.00630551.875200112.60%7.50694638066.17938441335.512.4462181657
2002517897.052761884924200.087820245724541.854198254961869.4767092162967892.4412692323-0.00202309560.00630551.874200212.55%5.01125734526.38522416445.912.4412692323
2003532127.853594861953302.291650129746167.290514185982769.0034196433084182.4193376862-0.00898366550.00630551.863200313.80%3.52284098946.45214746636.262.4193376862
2004552225.498082757988955.264027739774094.8789340081009516.194391633248662.3828128488-0.01509703980.00630551.839200414.76%2.76674426726.38817122516.092.3828128488
2005580999.3428808951034325.76689311811337.6136253991045346.487400473401562.38519271640.00099876390.00630551.845200516.55%3.51719506016.40405814776.182.3851927164
2006620264.8571519061091042.65442736859551.6944904041091727.762964523629382.3683155098-0.00707582510.00630551.841200618.64%2.78256042485.85931463985.202.3683155098
2007667415.0018379761157928.11023464917081.5087072821147080.520847893879832.3637157007-0.00194222820.00630551.850200720.33%2.9466711765.6678790834.742.3637157007
2008718781.1265816841232075.49284038980690.0552453141208230.829186424017442.44108202050.03273080590.00630551.923200821.48%6.05512954583.55769323674.502.4410820205
2009764808.7401514261303636.567812271040536.341998831265390.112205924075772.55298101220.04583991470.00630552.023200921.27%14.64980306255.27501685254.132.5529810122
2010812281.2433133691377991.345026051102427.013609161324408.709481264251342.59312831630.01572565710.00630552.069201021.49%4.98903826035.37481865124.232.5931283163
0.00601150380.4834222618
Graf 29-31
0.06487936390.01984952510.0198495251
0.06573092310.02011005550.0201100555
0.07051297980.02157310240.0215731024
0.0969966630.02967565610.0296756561
0.09888677770.03025392750.0302539275
0.1012853010.0309877440.030987744
0.09499283390.02906259440.0290625944
0.05817340560.01779786980.0177978698
0.04983440110.0152465920.015246592
0.04008675690.01226434780.0122643478
0.05888839880.01801661850.0180166185
0.05993366310.0183364120.018336412
0.06432483710.01967987030.0196798703
0.05415917030.01656973410.0165697341
0.06116316820.01871257310.0187125731
0.03865118630.01659463180.0165946318
0.04405320180.01891395150.0189139515
0.03802583970.01632614330.0163261433
0.04393284740.01886227810.0188622781
0.04530210040.01945015780.0194501578
0.05541210290.02379082070.0237908207
0.05917286890.02540548070.0254054807
0.05214458990.02238793550.0223879355
0.04928178040.02115880710.0211588071
0.05182996140.02225285180.0222528518
0.04889807160.02099406430.0209940643
0.04875042130.02093067170.0209306717
0.04770697840.02048267630.0204826763
0.05090385640.02185523480.0218552348
0.05209465490.02236649630.0223664963
0.05837779240.02506411990.0250641199
0.06114710560.02625310630.0262531063
0.06022445080.02585697050.0258569705
0.05985708590.02569924480.0256992448
0.05605987490.02406893730.0240689373
0.04419796410.01897610420.0189761042
0.0472208060.02027394140.0202739414
0.05148634540.02210532260.0221053226
0.05281970570.02267779210.0226777921
0.05414371380.02324624620.0232462462
0.03425459870.02313491730.0231349173
0.02880678510.01945556560.0194555656
0.03619377430.02444460040.0244446004
0.04727348420.03192762990.0319276299
0.05295734390.03576640280.0357664028
0.05656092850.03820019660.0382001966
0.05582851070.03770553530.0377055353
0.05494402010.03710816690.0371081669
0.05398145680.03645806960.0364580696
0.03586543180.0242228440.024222844
0.03626246040.02333365060.0233336506
0.03818460280.02469210030.0246921003
0.03622061680.0234118110.023411811
0.04255897360.02769242060.0276924206
0.0483432920.03125631320.0312563132
0.04244229120.04244229120.0424422912
0.04858956630.04858956630.0485895663
0.05803862540.05803862540.0580386254
2008pr2008pr0.0660196543
2009pr2009pr0.0556999046
2010pr2010pr0.0629798246
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Base Part. Original
Base Tasas de Crec.
Precios Encadenados
PART(%PIB)
FBKF M&E (%PIB)
0.04047301350.08317279280.0831727928
0.04115775160.08457994230.0845799423
0.04090796170.08406661960.0840666196
0.05014928870.10305771770.1030577177
0.06118615950.12573869170.1257386917
0.06793809050.13961403520.1396140352
0.06471282360.13298605180.1329860518
0.05933261340.12192962010.1219296201
0.05017285140.10310613960.1031061396
0.05379922350.11055840140.1105584014
0.05113002410.10507314720.1050731472
0.05187200110.10659792360.1065979236
0.05095001820.10470323160.1047032316
0.04418456980.09080010980.0908001098
0.04371137250.08982768060.0898276806
0.04062948040.08366255870.0836625587
0.0463130660.09536596480.0953659648
0.06018137490.12392301740.1239230174
0.06371142410.13119194980.1311919498
0.06618472450.13628486860.1362848686
0.06151299530.12666503550.1266650355
0.05878615820.12105004450.1210500445
0.05444496070.11211082870.1121108287
0.05713972830.11765978360.1176597836
0.06058447630.12475306720.1247530672
0.05635040530.11603444210.1160344421
0.05632826810.1159888580.115988858
0.05513163430.11352479890.1135247989
0.04886770210.10062636670.1006263667
0.04708197470.09694927020.0969492702
0.05598889240.11529002940.1152900294
0.05954780780.12261840210.1226184021
0.06179214350.1272398460.127239846
0.06078203780.12515987780.1251598778
0.06265102530.12900842010.1290084201
0.06499240080.13382968450.1338296845
0.06452271780.13286253250.1328625325
0.04934031780.10159955760.1015995576
0.05797377790.11937722420.1193772242
0.04853432580.09993989180.0999398918
0.05809405910.08505951770.0850595177
0.05634473210.08249820750.0824982075
0.05986742340.08765602280.0876560228
0.06725308230.09846987520.0984698752
0.07271542850.1064676730.106467673
0.07790335970.11406368080.1140636808
0.07609212070.11141172080.1114117208
0.07451486030.10910234520.1091023452
0.06971947260.10208108730.1020810873
0.04732197310.0692873640.069287364
0.05944065330.06955700420.0695570042
0.05967305150.07017458850.0701745885
0.0560783850.06591838170.0659183817
0.06209708480.07348062790.0734806279
0.06577427180.0773373790.077337379
0.08673667380.08673667380.0867366738
0.09370195460.09370195460.0937019546
0.09692950460.09692950460.0969295046
0.10211477960.10211477960.1021147796
0.11068092650.11068092650.1106809265
0.10218400080.10218400080.1021844815
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Base Part. Original
Base Tasas de Crec.
Precios Encadenados
PART(%PIB)
FBKF Constr. & Edif (%PIB)
0.04263112030.06226669020.071943289
0.03108288330.04282384630.0524547523
0.03245559560.04810766670.0547713097
0.03253907850.05491219350.0549121935
0.03725708150.06287418590.0628741859
0.03216150840.0542750150.054275015
0.03316165040.05596283140.0559628314
0.03397370480.05733323560.0573332356
0.03512147950.05927019350.0592701935
0.03711519640.06263474390.0626347439
0.03243900120.05474330540.0547433054
0.03400383540.05738408320.0573840832
0.03534606270.05964919490.0596491949
0.03345403140.05645624680.0564562468
0.03271410670.0552075670.055207567
0.03280990080.05393866560.0539386656
0.03021911380.04967947580.0496794758
0.03049055080.05012571150.0501257115
0.03036233240.04991492360.0499149236
0.02878873180.04732796320.0473279632
0.02940851260.04834686750.0483468675
0.02701143250.04440612710.0444061271
0.0225960840.03714740320.0371474032
0.02783134530.04575404330.0457540433
0.02604379780.04281535960.0428153596
0.02191020670.03601983790.0360198379
0.02232813140.03670689580.0367068958
0.02399379050.03944519830.0394451983
0.02567724030.04221274810.0422127481
0.02182060070.03587252790.0358725279
0.02051867280.03373219060.0337321906
0.02134690630.0350937860.035093786
0.0218961160.03599667310.0359966731
0.02579709090.04240977950.0424097795
0.02514148340.04133197690.0413319769
0.02527056770.04154418830.0415441883
0.02562156130.04212121310.0421212131
0.02632470650.04327716650.0432771665
0.02450164350.04028009590.0402800959
0.02369275020.03895029540.0389502954
0.04518769470.03466559750.0346655975
0.0506137490.0388281780.038828178
0.05037200560.03864272540.0386427254
0.05546331130.04254850450.0425485045
0.05753826930.04414030190.0441403019
0.04865611630.03732638630.0373263863
0.04661882580.03576348530.0357634853
0.03771531330.02893318380.0289331838
0.03575821560.02743180240.0274318024
0.02405197990.01845140050.0184514005
0.01320900410.01631750560.0163175056
0.01439155590.01786634750.0178663475
0.02115524050.02625157750.0262515775
0.02191141450.02737149130.0273714913
0.02618690870.03250454080.0325045408
0.03111807520.03111807520.0311180752
0.03125602720.03125602720.0312560272
0.02961469960.02961469960.0296146996
0.03238629580.03238629580.0323862958
0.02889515360.02889515360.0288951536
0.02667688540.02667688540.0266770109
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Base Part. Original
Base Tasas de Crec.
Precios Encadenados
PART(%PIB)
FBKF Vivienda (%PIB)
0.02506671750.0122175070.012217507
0.03070656120.01496636430.0149663643
0.02724506270.01327923150.0132792315
0.04488027630.02187462680.0218746268
0.04706417040.02293905580.0229390558
0.04663234280.02272858320.0227285832
0.03306036250.01611360610.0161136061
0.0107598260.00524433440.0052443344
0.01482896170.00722762940.0072276294
0.01982242780.00966144260.0096614426
0.0297188130.01448493630.0144849363
0.03030427730.01477029140.0147702914
0.01884420640.00918465790.0091846579
0.02073537640.01010641330.0101064133
0.02373187890.01156690730.0115669073
0.01611565150.00885526280.0088552628
0.01788890690.00982963490.0098296349
0.01522586460.00836634070.0083663407
0.01671852270.00918652970.0091865297
0.01844758450.01013661830.0101366183
0.0212555610.01167955130.0116795513
0.02097444950.01152508550.0115250855
0.02137891130.011747330.01174733
0.01912670470.01050978270.0105097827
0.01962062080.01078118080.0107811808
0.02071299510.01138142090.0113814209
0.02761258940.01517262480.0151726248
0.02293700470.01260347450.0126034745
0.02574817190.01414816070.0141481607
0.02812802530.01545584770.0154558477
0.027826120.01528995610.0152899561
0.02721781690.01495570440.0149557044
0.0290879750.01598332290.0159833229
0.02616344440.01437634560.0143763456
0.02535908260.01393436310.0139343631
0.02088464010.01147573680.0114757368
0.02083209360.01144686350.0114468635
0.02413441520.01326143020.0132614302
0.02610624080.01434491320.0143449132
0.02124192280.01167205730.0116720573
0.01545069950.01122267580.0112226758
0.01291216250.00937879960.0093787996
0.01676363460.01217633130.0121763313
0.03216045890.02335987470.0233598747
0.03248822770.02359795080.0235979508
0.02499893840.01815807630.0181580763
0.02026574770.01472010480.0147201048
0.02218128830.01611146520.0161114652
0.0177396910.01288529370.0128852937
0.00953770610.006927750.00692775
0.00843145860.00597008510.0059700851
0.01436314920.01022049220.0102204922
0.01519723010.01080926070.0108092607
0.01685455620.01206811610.0120681161
0.0175101120.01245784250.0124578425
0.01458448480.01458448480.0145844848
0.02240603080.02240603080.0224060308
0.02678983360.02678983360.0267898336
0.02562577160.02562577160.0256257716
0.02137510210.02137510210.0213751021
0.02463386890.02463386890.0246339847
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Base Part. Original
Base Tasas de Crec.
Precios Encadenados
PART(%PIB)
FBKF E. Trans (%PIB)
0.01565138060.02616549430.0261654943
0.01304583210.02180961880.0218096188
0.01304185820.02180297530.0218029753
0.01029799190.01721586460.0172158646
0.01132387490.0189309040.018930904
0.0120836210.0202010240.020201024
0.01127334050.01884642220.0188464222
0.01172087860.01959460260.0195946026
0.01147346790.0191809890.019180989
0.01095283830.01831061650.0183106165
0.01056505530.01766233290.0176623329
0.01255545220.02098981690.0209898169
0.01019312680.01704055420.0170405542
0.00749890390.01253643570.0125364357
0.0082915610.01386157550.0138615755
0.00268452380.01591340330.0159134033
0.00312095730.01850050750.0185005075
0.00399475130.02368021070.0236802107
0.00415214520.02461321480.0246132148
0.00519129740.03077313380.0307731338
0.00542446080.0321552870.032155287
0.00526970.03123789110.0312378911
0.00532192360.0315474640.031547464
0.00538998610.03195092650.0319509265
0.00535222650.03172709430.0317270943
0.00549236250.0325577970.032557797
0.00535045480.03171659180.0317165918
0.00528166620.03130882490.0313088249
0.00510916170.03028624690.0302862469
0.00484836250.02874027340.0287402734
0.00470362230.02788227840.0278822784
0.00469003380.02780172760.0278017276
0.00441385610.02616459320.0261645932
0.00412782470.02446904750.0244690475
0.00391327620.02319723990.0231972399
0.00379535060.02249819710.0224981971
0.00367653560.02179388190.0217938819
0.00359299350.02129865840.0212986584
0.00360814380.0213884670.021388467
0.00359397960.02130450370.0213045037
0.01495530770.02042970410.0204297041
0.01489464130.02034683070.0203468307
0.01572069470.02147526130.0214752613
0.01625864650.02221013070.0222101307
0.01718369350.02347379140.0234737914
0.01525157910.02083442580.0208344258
0.01701037130.02323702460.0232370246
0.01510732440.02063736650.0206373665
0.01329557650.01816242770.0181624277
0.0133604010.01825098110.0182509811
0.01259724240.01685989690.0168598969
0.01373812280.0184778380.018477838
0.01798467320.02417885460.0241788546
0.01652387410.02236328810.0223632881
0.01592340650.02141369030.0214136903
0.02177530310.02177530310.0217753031
0.02166485740.02166485740.0216648574
0.02158084250.02158084250.0215808425
0.02100342510.02100342510.0210034251
0.02494743320.02494743320.0249474332
0.02511302320.02511302320.0251131413
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Base Part. Original
Base Tasas de Crec.
Precios Encadenados
PART(%PIB)
FBKF Otros Bienes (%PIB)
0.18870159580.20367200940.2133486082
0.18172395120.18428982710.1939207331
0.1841634580.18882959550.1954932384
0.23486329840.22673605870.2267360587
0.2557180640.26073676490.2607367649
0.26010086370.26780640150.2678064015
0.23720101090.25297150580.2529715058
0.17396042840.22189966250.2218996625
0.16143116160.20403154350.2040315435
0.16177644310.21342955230.2134295523
0.18274129240.20998034020.2099803402
0.18866922910.2180785270.218078527
0.17965825110.21025750890.2102575089
0.16003205180.18646893970.1864689397
0.16961208740.18917630350.1891763035
0.13089074290.17896452210.1789645221
0.14159524580.19228953460.1922895346
0.14791838130.22242142360.2224214236
0.15887727170.2337688960.233768896
0.16391443860.24397274160.2439727416
0.17301363270.24263756190.2426375619
0.17121460910.23362462880.2336246288
0.15588646940.21494096150.2149409615
0.15876954470.22703334330.2270333433
0.16343108280.23232955380.2323295538
0.15336404120.21698756220.2169875622
0.16036986490.22051564210.2205156421
0.15505107420.21736497290.2173649729
0.15630613250.20912875730.2091287573
0.15397361810.19938441540.1993844154
0.16741509990.21725857450.2172585745
0.17394967050.22672272650.2267227265
0.17741454140.23124140570.2312414057
0.17672748380.23211429510.2321142951
0.17312474230.23154093730.2315409373
0.15914092320.22832391080.2283239108
0.16187371440.22849843250.2284984325
0.15487877840.20154213530.2015421353
0.16500951170.21806849240.2180684924
0.15120669210.19511299440.1951129944
0.16794235950.17451241250.1745124125
0.163572070.17050758150.1705075815
0.17891753270.18439494120.1843949412
0.21840898330.2185160150.218516015
0.2328829630.233446120.23344612
0.22337092210.22858276590.2285827659
0.21581557620.22283787080.2228378708
0.20446280640.21189252750.2118925275
0.19049441260.19701868070.1970186807
0.13013749190.13714033960.1371403396
0.12994081890.13203814240.1320381424
0.14035048220.14143136660.1414313666
0.14663614550.15056988550.1505698855
0.15994590320.1629759440.162975944
0.1737379910.17496976590.1749697659
0.1966568280.1966568280.196656828
0.21761843620.21761843620.2176184362
0.23295350570.23295350570.2329535057
0.24714992630.24714992630.2471499263
0.241598520.241598520.24159852
0.24158730660.24158730660.2415884431
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Base Part. Original
Base Tasas de Crec.
Precios Encadenados
PART(%PIB)
FBKF Total (%PIB)
0.2192325263
0.2497497915
0.2770084162
0.3051318603
0.2548331613
0.1673490632
0.1405148096
0.1551917989
0.1438634941
0.1379086892
0.1538815411
0.1610322228
0.1838666308
0.1766978036
0.190152236
0.1787427241
0.1682390657
0.1476005484
0.1559171598
0.1591131955
0.189268988
0.2043470184
0.2370171674
0.2256477134
0.1581480889
0.1887015958
0.1817239512
0.184163458
0.2348632984
0.255718064
0.2601008637
0.2372010109
0.1739604284
0.1614311616
0.1617764431
0.1827412924
0.1886692291
0.1796582511
0.1600320518
0.1696120874
0.1308907429
0.1415952458
0.1479183813
0.1588772717
0.1639144386
0.1730136327
0.1712146091
0.1558864694
0.1587695447
0.1634310828
0.1533640412
0.1603698649
0.1550510742
0.1563061325
0.1539736181
0.1674150999
0.1739496705
0.1774145414
0.1767274838
0.1731247423
0.1591409232
0.1618737144
0.1548787784
0.1650095117
0.1512066921
0.1679423595
0.16357207
0.1789175327
0.2184089833
0.232882963
0.2233709221
0.2158155762
0.2044628064
0.1904944126
0.1301374919
0.1299408189
0.1403504822
0.1466361455
0.1599459032
0.173737991
0.196656828
0.2176184362
0.2329535057
0.2471499263
0.24159852
0.2415873066
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor. Las bandas ilustran el efecto que sobre el acervo tendria la adopcin de supuestos de depreciacin inferiores y superiores a los establecidos en el cuadro 2. asi, El limite inferior asume que la depreciacin es el doble para cada activo y el limite superior asume que la depreciacin es slo la mitad de la reportada en el cuadro para cada activo.
Empalme con precios encadenados
Empalme con base en proporcin original
Base Part. Original
Acervo
PART(%PIB)
Acervo Miles de Millones COP 2005=100
Inversin (% PIB ) y Acervo Total
M&EE. Transp.Constr. Y EdifViviendaTOTAL
AoKSSKV1SSKV2IKSSKV1SSKV2IKSSKV1SSKV2IKSSKV1SSKV2IKSSKV1SSKV2ISSKV1_0SSKV2_0
19501.01.011111111111111111111
19511.11.21.11077111811.04470094441.27261601041.26777595341.22530710051.2631721891.00255453841.02619624361.03388820891.04861227921.07937689561.09627243581.11247004220.7518364741.03777594221.08437783641.07285269410.99303701570.70745844021.0438553843
19521.21.31.23599840821.19139559291.46388219511.49656182471.38680012681.19147202611.00633513591.05408420151.07024791531.10798990751.16810024471.20394169851.23924127020.83455764931.07799496971.18042623321.15042168531.06984630930.49516164791.0877265764
19531.51.61.5448587981.73850996851.95009400291.9606122761.91758949352.0820206411.017200121.090615991.11822080721.44087468461.26205701331.31928826971.37603146180.88757585441.14222557561.3326927981.30193317181.44732664690.56964425861.2661516748
19541.71.91.86166820271.89496327392.43346471212.45535139622.45709978362.33432916891.03728351771.13860881781.18166265571.87956265771.38043532871.46149667311.54579720271.08655381671.21799879071.5030848631.46844177811.6848257450.65368455941.4615528541
19551.92.22.1339633472.01678908712.84597174312.91960414722.86085937772.40331341661.06318095121.19436301291.25581548492.16854499581.48164930561.58993478331.70006290670.97460875121.294910421.65491803011.62017028471.7806840320.72657676561.628848222
19562.12.42.32443246761.96820566632.94012663473.15323451032.90298966861.7729494841.08814798531.2499954461.33022447832.14936921781.59023210371.72866374131.86763041161.04567230921.35992758721.78832744411.731563641.68976838160.79085304211.7296157496
19572.22.52.17730207221.23221406092.57281125713.00814846072.40201200520.58989679521.10971767021.30248136871.40079153952.01463414631.70318675431.87491026472.04520059731.09517725971.39134912231.86326907911.76023070321.26690237390.81161451351.5823728839
19582.22.61.92282680971.08153200422.36990527412.91732304451.93822219720.83297121131.12506718031.34824506531.46261778651.74550042051.82245219712.03080031582.23539401841.16001277551.41880656592.01831646281.8101218781.20456021360.83579631121.4406825005
19592.22.71.63220624570.93284365162.342628152.92402352521.67884622051.19391634981.14573205391.40118806011.5344630452.00689655171.95974385562.20853719192.45321136051.31443628231.45271943542.36245254741.79500980991.29435745720.8546511381.2768903723
19602.32.81.56645303051.42885624342.57240766383.08834593051.79479788191.8663769691.16559288721.45396843281.60638443541.98873002522.07888077412.37148826022.65373618131.19786010861.50238088432.48311239391.8373990081.52449671690.89967612951.2865478491
19612.43.01.60087010781.52822665272.80622634623.23476232442.093884739121.18788577071.5105707411.68381022252.12026913372.21171932012.5520485852.87678458471.31954647081.55842293182.61002814711.94455007681.65405151890.9463820861.372715059
19622.53.21.78684784841.72896117522.73548150323.15428216722.18256363721.31097229771.21134641921.56951175281.76472266362.19529015982.35859759562.75102773453.12346268261.44586394121.61179301192.73248893172.08876489061.66029295040.98924329231.4920227937
19632.63.31.87930533681.5035676812.7458505723.1096623652.25118612511.48995111351.22941377281.62260132361.83784381441.96635828432.4982533632.94663290363.3667611841.41344618331.65384749692.83045589032.19181952691.52752723861.02985398311.5677397727
19642.73.52.04604495031.80272822672.87405270573.13085830012.35666403681.81042911461.24924715641.67866530561.91529931782.06526492852.64225055013.15081508813.62150959881.46742254871.70796711792.95392894522.32482778081.7188108811.07951683611.6724056375
19652.73.51.91243460981.18021985572.77578609933.01636483052.16965275731.27367044691.26703833461.73293970991.99049695431.98876010082.79093886783.3640960043.8883714081.52470155571.7348259063.01377368442.33520713391.37416863311.08829204991.5997346174
19662.73.61.85745596111.41561428372.77730969023.00183571042.10957333721.48785420481.29301099681.79838436152.08141234362.38567913252.93046003243.5718960484.14906729631.47784545241.77517393413.10212734282.39548474031.56439759391.10259939871.622220621
19672.83.71.74959865421.27245497922.71524936582.98745172622.0540836181.31872637091.33658694781.8873915932.20536688293.22824702443.07709496613.79133905234.42505147531.55277567661.82416972633.18799747482.45644567651.70183232331.13012466681.6679322843
19682.83.81.77724835051.55734459322.74611539293.05813823422.06433909921.53391884341.38772566641.98770465482.34538821153.62037637213.232060284.02397058774.71829646381.63798656491.88905049763.30394927332.57021369531.93636913321.16886436861.7347637302
19692.94.01.85484299631.70388152192.86880919813.16309144072.17243204021.79584843111.44580110452.09880604092.50080101333.99043152383.38523290934.25913821025.01537422661.64787181881.96501091883.4383909852.71736579342.11967499261.21442101351.830601699
19703.14.22.15552074962.21351305683.1172995123.34450973632.48119386192.1976531261.50160867772.20899375282.655243593.93899448243.55384384924.51548780365.33985712351.78784701352.05641529223.61732281262.95323747952.37623173141.2774138922.0130201732
19713.34.42.49824560482.50463828483.35358122793.52537085182.76977481962.2978521211.55737062222.32108931992.81265250853.98876554683.71275852124.76613004145.65770583831.74000238482.15163642083.81457057913.20050648272.4916911971.34791271442.213967389
19723.54.62.74278750992.37641847223.62639178033.77183851453.10456806922.52178678771.61177545242.43337386222.97059991123.97752020173.84565515284.99290168465.94578149881.56720814732.23862658934.00422477883.4214934312.44260417471.41730655092.4090365075
19733.64.82.90722051092.39694403493.8019928113.99454084283.29569967132.40780202491.67536293432.55969410373.1485775654.4550308734.04104200895.29230889716.32674212492.06008690482.33630519864.19909737013.62352501112.65503172521.48980141872.5511149154
19743.85.13.09362771922.66572497944.01883640434.24903562463.48073804972.61189863561.74929316742.70193751363.3492910684.99501568364.22967269275.58986468016.70591576232.03853705142.44657448174.4164858743.84183560362.89001518681.57093376672.7029443599
19754.05.33.15930713932.57335994734.27068690514.54033773153.66771931132.82137505811.81655791112.83788620593.54139068024.7538655064.37703072045.84709238777.034158031.75483026562.54379455774.61697433754.0177684622.77500237291.63989283861.6963304328
19764.15.53.23074883642.68690008534.89033838255.13668847694.25515472263.93903096251.88727007722.98079621493.74358977214.97668993614.53704265056.12275756597.38638594181.87286019672.65529058694.85606869134.24276621033.03897353011.90425898112.7896555617
19774.35.73.31700943192.73873362655.18741572265.52849492454.5348801953.40811078411.95865081643.12707727183.95080924835.0735248524.7233839926.43255610747.78270700512.0962669342.76178355075.07665063144.4478858693.06036814672.04661815032.921995354
19784.55.93.52887388293.16977044345.70260027686.08603850785.05395444594.14985233792.02439799543.26827838584.15105803644.8779807964.95055430636.79359819718.24510390232.43335409062.88370729915.34106462894.71959256713.34644856332.16703086383.1582180204
19794.86.23.7781106393.41841555116.34949738766.75174572015.69370713184.77727289072.09043377563.41219463164.35537131734.95253326895.13957490447.11817324988.66123216792.17910536133.00793843225.6256471255.01141526833.47383362932.29036012273.3915818021
19805.16.64.19564063133.98728541886.9201041847.38222992456.2245135114.91916542732.18047857473.59101011144.60947723526.13017079465.31870010127.43706683669.07047469332.13284237323.15712114775.95143352275.35906939873.93147296542.43152067083.6687884969
19815.57.04.63415598064.27152548977.37734444267.9398416226.56324437284.92118285672.28029666623.78624766414.88717080156.6682813815.51230030567.77765206119.50795002582.26945658163.31541161696.29292135755.7075916374.17793537582.57534305523.9225931594
19825.87.44.96677046174.24697275967.88831397278.54511096967.00469202185.30920178382.38493570013.99151273425.17937206536.98523351445.71266440658.13160225849.96297423162.34992254813.47420660346.63598390136.04298880054.30156856752.716873374.1555114109
19836.27.75.1930487184.28750425058.12549352328.95131489327.07600091284.85057282672.48735205734.19733523455.47259503146.97919434765.97011885548.556692965510.50987942512.81215701863.62835714476.96221021386.32716110484.35235286632.85050163894.3481912476
19846.48.15.27517196694.15006092568.31838225299.29892441927.05204599154.85897878262.59752052234.41736540685.7862849827.43483907026.2251158568.986366136611.06307908932.83252064163.77960979767.27816911586.58158145294.40648705282.98026615144.5220857245
19856.58.34.99666549823.37359707568.19844144749.36365332756.71270901424.1259794232.71661636794.65352136436.0387885197.95233319076.48862791469.433198485211.52914464332.93552498683.90841263737.48564428276.62557585114.176416763.06808659984.5203226366
19866.78.64.87725708853.81424713078.18828683989.4256140546.4929194844.35529390162.84198406264.90246358096.30558012838.35466664776.77517115769.914242453412.03036230483.14963958554.0570280637.73820464436.75527232054.49554940263.17392378024.5844807822
19877.08.94.98764643264.38207772938.53983556929.68761168676.68012042245.3165990252.92993819275.10371444186.50180440646.7317967567.090373818610.436750068812.57582844853.40981946714.20387738058.0567564716.97540798064.53221950763.304676184.7341426499
19887.39.35.21465757584.67826939379.071046252310.10367778477.19228153685.98470440473.04838330025.35059051266.75987253218.2311760997.385108647310.944483655913.09353370853.30266331534.37907441558.41799142697.28037017055.02492100243.45276624464.9437542015
19897.69.85.55526672174.9592617499.140997115610.17438038437.29350548415.0358400963.14069300295.56500803536.970041987.12621682217.673948779411.453838020313.6058055373.30266331534.5271818278.73619068957.55151469134.76179848353.58312978845.1290791512
19907.69.95.29211231623.27187887688.74195972629.86534055076.91988503223.81975577353.26920342935.83348745187.25312155668.89510538818.388711007812.4700697314.75080012986.56868381374.72295165088.9851417887.76254135335.51530577423.68547999335.2738735086
19917.510.04.8020546992.81678683648.21624878449.40822231766.26201499953.26788895313.39378390686.10087878317.53071745368.83188793239.216501669313.63891169316.07388717947.53195182864.91468302829.20047080447.89186091995.4991979073.77554337625.3654620731
19927.510.24.61306968713.69316801068.22948731089.3006126076.03661700114.42733611363.53653608346.39825097177.84564354629.792572600410.066113943114.856477120617.4419755687.82229646165.16020504429.51154113658.14358549936.27695624963.90316626915.5375239145
19937.910.64.95721847985.09917065419.942970082210.48504053277.70180732698.97869642513.71592867546.75243179718.235362000811.628807177511.068245959316.27786278219.04796219099.10474037895.528954688810.09929394498.82599254128.09997058454.14299342056.035769815
19948.311.15.66157352756.006292050411.522675262311.79823371499.60575543269.53707916713.92596902747.15626427628.688573030613.22049937712.159621640217.832842592920.80202734379.93154654685.948767447110.79024631049.62230743849.08131998824.42602337766.6109228133
19958.911.76.70567863836.748738236112.106708304712.537501480910.63594729387.72034548734.1679454067.61271927259.208106157314.900583748213.084274640219.220149349922.32804621178.83534132746.354037007911.469866347410.38819442039.16354887174.70526700727.1357428459
19969.412.37.58464243096.798295220412.075166878712.858276606610.81945712726.38727662084.40406652418.06900728679.721281748714.853359996713.964539388820.58050976823.80217330288.63943110766.733985699412.092607562811.05801520219.03561616714.96510917367.5981323036
19979.912.98.18928083566.920096775412.365546005313.346616042610.8724306537.23082112614.63957488158.532442076610.238077089815.044427602414.640794004221.721959378824.98735911327.2291842347.088247109112.705857354911.63441780528.85394995965.21891681847.9977781374
199810.413.58.46851222446.837602568112.068443837213.35629187359.86417783925.81586638274.85127363498.96970781210.71299985214.156450926415.259101027322.81330038926.09497293596.89310555557.389439177513.250538717612.0526935618.2960718575.45367787828.3151392611
199910.313.67.69336774654.3519372310.775496656212.5515267127.93622011282.99543301934.95223186859.254783125310.97471625789.204717107515.541001679823.518384422326.71106755324.44157733357.47765405613.499093880412.10498911635.42925202295.57607912878.4101541277
200010.313.86.98311231094.52881018219.640125818511.72379439996.41376158482.7254528945.10914627019.624304237311.347126938711.90012344115.562029334923.917978496626.94070060042.5105955947.58038666513.750094697712.1908221295.57960506625.67640446448.4653550798
200110.414.06.49030309134.84888281269.478374649611.47050220286.05829711744.72076302765.268234643510.002468186711.726798112512.147102602515.618412050724.361794450527.21383154462.78125620577.724713453214.025724420812.34234417526.1277117885.78975637948.5711215874
200210.414.16.0783217154.71465570099.498338282811.24712218116.01303346955.11997330535.414550518610.367675299212.083767630711.701207499915.85997265525.032226827927.75340320474.19075185987.89673817214.283150757612.54220814586.56245272835.88291785198.6850815811
200310.614.46.23228269985.75674778979.806463714911.10765556626.62904084895.90082173925.595872017410.788973808912.511381703813.464750546816.1389819525.755633329528.3441901594.51062070688.126314667314.658813927912.98316646987.43858257636.0207076649.0234053282
200411.014.97.00983202396.887899843310.261157548611.01384895797.67061351746.45726548695.807076702411.260173238913.000935811815.022689545316.566747262226.668539672129.15099846745.67825213768.423560025615.139109113513.69020949198.51091802766.19144666389.9766885458
200511.315.27.45573867226.33174327210.315955262210.79846723738.13037353465.63150773036.13709173211.912362459713.727743768820.742843091217.169266515327.807154571630.21562613657.06507929968.820801478215.653170401614.418251639610.087057986.33754574110.6211724223
200611.815.78.27171918837.734314095911.706576272511.7701271659.67750619979.23108664846.528615502712.665900726814.583354594123.909388823517.826697625929.03031584131.36463906717.57168252959.335808414316.474029443315.366820001611.90982768836.66519567811.3979843675
200712.716.69.6739132939.875887996113.779786667413.519891672311.971373685111.79880897986.966732519213.501134501515.540699267726.439672591318.483860861830.272118739832.51751869637.66913189929.950815809817.503204868116.51202627713.62885272757.093086999612.3552929723
200813.817.711.361282255411.632390857115.396307836915.197987914113.807396625711.68642855947.447758730814.414356831516.594754539728.842000914319.262069990831.681545388333.85163226058.684340743310.631090993618.649777043317.73227535914.97225571647.565277367513.3337737833
200914.518.512.10670369.956586254916.017195149416.379059638214.5326969.88947698987.98096762715.420835407417.765363276931.715374006519.91584615332.960190546435.00792066017.860693331311.271043115519.715485997718.786727730914.84845575537.994263498414.1321388434
201015.519.613.275609798311.74279782917.26170508818.089241771315.728131508311.88814028948.478272274616.392237755518.878673652530.541905168320.518103142234.194274349836.08992192017.56984767811.932974265820.843507856419.866016668815.48735674418.454902593814.9568124305
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Acervo
SSK-30-0.5
SSK-5-0.5
Inversin
Indice 1950=1
M&E
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Acervo
SSK-11-0.5
SSK-5-0.5
Inversin
Indice 1950=1
E. Transporte
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Acervo
SSK-113-0.75
SSK-60-0.75
Inversin
Indice 1950=1
Constr. y Edif.
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
0000
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Acervo
SSK-113-0.75
SSK-60-0.75
Inversin
Indice 1950=1
Vivienda.
Fuente: CEPAL, Banco de la Repblica, DANE, Clculos del Autor
Acervo
SSK-MAX
SSK-MIN
Inversin
SSK-MAX-iact
SSk-MIN-iact
Indice 1950=1
Agregado de la Economa
111
0.61383059760.7391935056-0.6838398274
1.02698325451.05022019060.9355283403
1.05067538811.0317085230.9416488356
1.36649422261.25237084251.3137474283
0.82893906150.84510703480.8556019306
0.91227615210.89060504930.6012975922
-0.28206763840.1132940121-3.7828476769
-0.43118702620.1243728468-4.3471969137
1.76468151841.77018904042.0037994338
2.05157781211.94962239092.6625491729
2.02857782731.90143869532.6190706953
1.77387054031.65795538792.384485258
1.04783683231.1242927265-1.559412097
2.10097703821.85141297632.287849718
1.00852298321.06717616620.5402724478
1.04429257671.1083676067-0.1450811354
1.71031994591.55950006172.251661195
1.56395423271.43944031212.0154363728
1.42266449211.31668280251.7089469743
1.9318257621.70716427652.1535662267
1.62702581691.45844331121.7318650655
1.61136258931.43774443711.4346919141
1.41045541341.2963343578-0.0305216098
1.31690473761.2317848031-0.7342139482
1.66295305261.47964072650.7166880476
1.55089056571.3886775410.243370009
1.79480454251.53855811511.1425292878
1.5195778151.32162394922.3622705208
1.46833390241.27081400152.0424468931
1.31476073721.13812813481.5307396336
1.28239573881.10016325622.5274772474
1.25730791951.06243456082.6834873015
1.03366508660.89866435042.9214769936
1.16948068380.99341946723.1772832353
0.52999698190.56230519061.4153205075
1.08037686610.95893242242.1893100615
0.92023964450.86139272282.4045891211
1.20691859921.07244737222.7642290198
1.20199821821.06841511993.1430299517
1.12640351111.01744635022.7167949462
1.54582804441.30293456864.276406395
1.74960893881.42516462914.2508649619
1.38545259741.13982771993.0694421147
1.23689495091.00152674733.3126651374
0.8033058420.67889638772.6436741381
0.7934729010.67035265432.8400340353
0.80767271430.67666023432.2852615672
0.6364393460.5549856649-1.0457666665
0.44143006550.42221539221.1734331084
0.75062154470.66038980731.2268771379
0.99315477750.83273075712.6104274627
0.82791772740.71227440111.4510275719
0.83612299060.72168609781.1966534593
1.37039924131.09477036742.5908467649
1.08098330730.86970687292.0529130102
0.8456992130.69221363041.3931480827
0.99174310650.7854716292.0889661999
0.82164256090.65065476491.6993576529
0.5039622050.4162070290.9176166226
0.54129416220.43973387860.9247624074
Base SSK-30-0.5
Base SSK-5-0.5
Base_i_Act.
M&E
111
0.76396408470.83050147690.1611619021
1.00460460461.03512338410.9088825678
1.10020863591.08188055681.0434754495
1.39628038741.30112225481.3623338615
0.97269654480.95713281971.0989926269
1.02341342760.98161034340.9355014673
0.08471298620.3373478681-1.6817859467
0.11395610240.4727023644-1.8002108939
2.30447981042.17680883152.9411783036
2.11836660091.99696208292.6115598797
2.00547470071.87860965252.435588363
1.4384894041.42623999961.4730856122
1.65951835611.56821694820.8278980123
1.75961418081.63902922291.5236377452
1.43372255751.38636051611.529209313
1.22667385521.24769598140.6483228
1.77390805851.6561963812.0493555626
1.40544347291.39573209751.2817240083
1.96096402651.81147007142.3225319509
2.14141395162.00522560311.8615480455
2.74886071592.41103515323.4671627798
1.89419207791.75405928111.5883270113
2.330057732.07130100231.922951022
1.78478642111.65033681530.5980801445
2.03500398181.84825902141.39338145
2.23653774991.98507685721.7361766061
2.40844773272.07256006642.4484124898
1.67401985581.49275390412.2183620781
1.6172616211.44569120421.9420284313
1.5524891311.38385072411.6822376009
1.62093450121.42858010762.5347425278
1.74564764851.50482774922.9222908126
1.74722650871.49439156793.4635533078
1.28664595431.14254720922.5779890158
1.42235312991.2716259982.6934739575
1.06682626431.01033164951.6137212775
1.33794532581.25279222592.5711488113
1.85643713341.66232591513.2526478659
1.90414726851.70152682583.6530033031
2.11079014891.85393751353.844570023
2.11355888251.83628691164.2507781574
2.11608123281.82410262393.8451841069
2.34556890091.96208710034.0655468089
1.49234064851.27400716552.9589916386
1.35115058771.15410982073.0035412563
1.41319127131.19477745613.2472883066
1.15943622110.99468856752.3542262279
1.01693323080.8893114193-0.105026073
0.72657838720.68073784991.4075024711
1.32369621761.16155562441.9298794019
1.53807722231.32657869592.9699121669
1.60496853791.37426793492.4796413212
1.40635322391.22573728391.8789698134
1.73700670521.47578595172.4761284217
1.83889899471.5354042072.8354338877
1.51683290421.27541628472.1825088555
1.42234845731.1908481532.2807286766
1.35350443491.12469271392.1741399305
0.55285056050.51177026370.6337715524
1.27304319461.06622556961.8616860065
Base SSK-11-0.5
Base SSK-5-0.5
Base_i_Act.
E. Transporte
111
1.02182968830.97485721860.5987546832
0.81236266260.83554457820.6784077638
0.80570450310.80020345560.5774110266
1.04679515450.96837563870.7568998948
0.69457655520.70268162360.7799071446
0.64282203040.6568692995-0.029184213
0.73298116460.7160537572-0.3610491055
0.43197167730.5177413989-0.849274134
0.52921571290.62415177970.0002420959
0.66266243480.72852313850.2024681064
0.70825868570.77195067580.1229286595
0.71015316130.75880755290.3146778817
0.7166528330.7480476907-1.6673528375
1.01209222370.94981988520.2158821322
0.65633909640.70496885490.1246786224
0.84868265570.82993277490.1742375921
0.86494242560.8251770950.8879782385
0.88855758680.83417627681.0759086416
0.821513620.77315427960.8971135212
1.05106304790.95902509880.6789076292
0.93479010110.8654852920.559208015
0.9122985370.85315275040.048401026
1.23371733711.06352341360.3165095362
0.98163272280.8793382852-0.7972043358
0.92506535540.8404086072-0.4488354976
0.94406396160.84603609-0.5729410435
1.01255172130.8791414295-0.1606583067
0.59063731250.58921949440.3233957569
0.73029603370.68769722930.4209648898
0.80907124260.73025785080.4315172273
0.6840275250.64082827981.3744033528
0.93525239540.80002749142.5052851872
0.90460582930.77459277013.5358948708
0.83976432890.72779357123.215650505
0.09584793810.24926518280.4762716175
1.13401111850.95611938893.1192896843
0.99489708870.86272728673.4814784977
0.5653083970.57553867931.5937246276
0.81527566780.75216805952.9546204261
1.02224172520.89174322683.3217235498
0.84796332120.76693898493.4806392332
0.81631957270.7503502342.5995109242
0.80138465310.74150301661.9611676781
1.40627714391.12602345855.2264907781
0.80813208350.70421611354.1161250236
0.82930182010.71956553694.6991179438
0.87708000990.74905245663.5734570853
0.91700606070.77602917-2.5521714333
0.92101204380.7776240143.2283855964
1.0072861250.84567515082.2237512819
0.78497273680.69108048332.9142544249
0.57756855050.55327783740.7515837898
0.97380610020.83067210881.5682650206
0.4935045910.5081731574-0.3102200934
1.08851799920.91518680451.9316803004
1.02033792730.8656607121.3683993314
1.08025334160.90062641752.3745186626
1.050844650.87330819312.2079761889
1.07940418080.88610337992.3155136466
1.18917260380.9522687052.3479727189
Base SSK-113-0.75
Base SSK-60-0.75
Base_i_Act.
Constr y Edif.
111
0.79455542920.8663902449-0.0470049159
0.97365467530.93330904320.8560192362
1.03009978730.95324333160.8842097727
1.37050304831.18311550941.2510936906
0.88185638910.84076194930.9825863618
0.93173966610.83578003960.5158881055
0.06447719910.4172541694-2.6386138599
-0.11802743240.3390497285-3.0915758593
1.53296084941.00352112281.5012544553
1.72341246081.0458262551.9073450062
1.70291540641.03107666841.8312768199
1.47374657120.92998763681.6316280211
1.04475534070.790026824-1.3523404506
1.79017404551.08636038421.5413927606
0.95821140520.70622279240.5181464646
1.01513723240.74979679570.0574069259
1.44561223730.83959496941.7150511334
1.32170530110.79349385871.5567262843
1.24997720570.7590696021.4305338758
1.62561104960.96840092751.5347761919
1.46114348910.91843120541.4678461213
1.37348758590.88082339290.931775689
1.40589399720.98226745120.3172811383
1.21524336980.8437919107-0.6047839783
1.39776684660.88298811770.3563270704
1.36419153250.87988896390.1248994545
1.52797333890.92972449730.8252487508
1.16166891810.69212565861.6110732404
1.18575686620.74102830891.4732398096
1.13513902380.74538951391.1992773039
1.0836637650.70082736882.2148807906
1.18051645040.79117154912.7938827196
1.05350320360.7371674893.3870504411
1.04657345720.69743646973.2709031682
0.44590279180.33497624851.2894055365
1.07759330520.78757786482.5412461472
0.96842538950.72834495172.9155772982
0.99000230070.62837083962.4721317584
1.08584119580.7335513673.2425248125
1.12029049380.78504296713.0811781051
1.21040628960.71640073343.801978843
1.25543553590.6952016533.3026264934
1.09306762160.6660858422.5474486187
1.1879728380.82866667213.717666595
0.75685086430.55267887553.0102631545
0.7599965690.56134039433.3096881841
0.76308934830.56554547262.55279121
0.6954259920.5494856434-1.4018948068
0.59379687490.5109798541.8279359521
0.79001393390.59159766491.5108949753
0.80602965010.52545485362.4227146524
0.65257407050.42826908591.0626897491
0.80676928250.58442548791.2306535162
0.82157800290.46012541991.1006740973
0.95964056350.66867191641.7702493543
0.8272856210.61983270141.2503545457
0.90699490660.66130990561.9491746076
0.83405158580.63592733871.7443093931
0.68924350260.58521304771.346876055
0.79777031630.65587999211.4821500989
Base SSK-MAX
Base SSK-MIN
Base_i_Act.
Total Agregado.
11
1.37235726731.2805928964
1.55327013951.4007270544
1.22997894071.1202828726
1.09809223670.9843533736
0.71315992360.6672552195
0.70443042230.6588579872
0.71703675130.6650574098
0.5650189650.5454692179
0.39189336790.4149755828
0.66638778850.649065975
0.88170426290.8184517611
0.73500989580.7000608936
0.74229437530.7093112062
1.21661485231.0759981273
0.95967679140.8547938403
0.75079596670.6803441088
0.88045100770.7720029944
0.72943892020.6394978613
2009
2010
Base SSK-30-0.5
Base SSK-5-0.5
M&E
11
1.00131170480.9904793976
1.0025066840.9839072841
1.11122789831.0583350765
0.70700569130.6871899167
0.64011601930.6225181875
0.66950818020.6444540052
0.54929014220.5365275584
0.48177846170.4796879144
0.34422104330.3671848943
0.62710934020.6265343982
0.72867367850.7155466062
0.76036385650.7412698243
0.66626861260.6611535044
0.82291776190.7960278817
0.87118986970.8281855218
0.71860905030.6879499851
0.67384645420.6423345686
0.64123116910.6066508206
2009
2010
Base SSK-11-0.5
Base SSK-5-0.5
E. Transporte
11
0.82951350960.86
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