Entry Of Immigrants To Colombia Through International Flights As A Determining Factor In Changes In The Consumer Price Index: A Correlational Analysis
Abstract
The objective of this research work was to determine the existence of a significant association between the arrival of immigrants to Colombia and the Consumer Price Index (CPI). Using data obtained from secondary sources such as the Ministry of Commerce, Industry and Tourism, and the Bank of the Republic of Colombia, immigration figures and CPI values were examined between January 2020 and November 2023. The data found was analyzed using RStudio Team statistical software. Through the Shapiro-Wilk test, it was confirmed that none of the variables studied fit a normal distribution, so the Spearman correlation test was applied to evaluate the correlation between them. The statistical evidence obtained, supported by a P-Value of 1.85×10-15, extremely lower than the significance level of 0.05, confirmed a significant linear association between the entry of immigrants by air to Colombia and the Colombian CPI, with a correlation coefficient of 0.89, which indicated a strong positive correlation between both variables. These findings allow us to affirm that changes in the arrival of immigrants are associated with variations in the CPI, without implying direct causality of one variable on the other, since multiple factors can play a significant role in this dynamic, and therefore it is emphasized in the need for additional research to better understand the causes of the increase or decrease in the CPI in Colombia and how immigration from international flights may be contributing to this phenomenon.
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This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
CC Attribution-NonCommercial-NoDerivatives 4.0