Política de restituição de terras e desenvolvimento econômico local na Colômbia entre os anos 2011 e 2014

Abstract

This paper studies the Public Policy of Land Restitution to Victims of Forced Displacement in the Context of the Colombian Armed Conflict (PPLR) established in the Law No. 1448 of 2011 and its relation to local economic development until 2014. The hypothesis is the PPLR is a tool for institutional strengthening of property rights. Consequently, it provides incentives for investment in productive activities, lower transaction costs and reduction of resources for the appropriation and defense of assets. Those are the indispensable elements for an adequate economic behavior. Finally, the conclusions come from the arguments that support the doctrine, the normativity and Executive instructions. The quantitative approach uses the fixed-effects model to verify the hypothesis in a multidimensional set of data that includes remarks for the 33 departments of Colombia, which ones include both Departmental real GDP from 2000 to 2014 and restitution requests from 2011 to 2014.