Departmental economic growth and family subsidies

Abstract

This paper presents an analysis of the impact caused by the subsidies granted bythe Family Compensation Funds on economic growth. The analysis was madewith information gathered from thirty departments from 1996 to 2009 using thepanel data method, and it was found that, so long as the family compensationfunds continue to develop more education, training, library, health and nutritionprograms, they will have a positive effect on regional growth in Colombia.