Abstract

VARGAS RAMIREZ, Iván Rodrigo  and  ZAMBRANO VALDIVIESO, Óscar Javier. Factorial analysis of the management component of the new municipal measurement index in Colombia. Revista Economía y Política [online]. 2020, n.31, pp.93-116.  Epub Jan 31, 2020. ISSN 2477-9075.

Planning is a strategic process for achieving results within institutions. At the public level, territorial entities have the right and the obligation to organize and develop a series of strategies that allow them to achieve higher levels of quality of life for their communities. Based on a quantitative study, a design of experiments is developed with four factors that measure the management component carried out in 1121 municipalities of the country in 2017; understanding the opportunities and orientations required by mayors to improve the municipal performance index, through factor analysis of the management component of the new municipal measurement index in Colombia. The factorial analysis is a multivariate technique that allows to reduce the "size'' of a problem without "too much loss of information", that is to say, this analysis (analysis of common factors or main components) tries to reduce the data that provides us with a correlation matrix to make it more expeditiously interpretable. It seeks to discover an answer to the question Why do some variables relate more to each other and less to others? The information used is a source of the National Planning Department (DANE) and based on the multivariate study, it is concluded that the municipalities need to work mainly on the execution of resources, on territorial planning, as well as on open and transparent government.

Keywords : Administrative performance; municipality; organization; territorial entity; management; results.

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