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Local economic development through export-led growth: the Chilean case
(Centro de Investigación y Docencia Económicas, 2024-04-08)
We study the causal impact of export growth on Chilean local economic development during 2000–2006 by exploiting spatial and temporal variations in local exposure stemming from the interaction of past differences in industry ...
Spatial relationship between unemployment immigration and criminality in a developing city
(Centro de Investigación y Docencia Económicas, 2024-04-23)
This article discusses the relationships between Unemployment, immigration, and crime. In recent years, Venezuelan social and economic instability has led to an exodus of Venezuelan citizens to Colombian cities. Cali, ...
Firm heterogeneity and innovation strategy decision
(Centro de Investigación y Docencia Económicas, 2024-04-24)
Research on innovation strategy has focused on dichotomic (yes or no) options and the determinants of technological (product and process) innovations. This paper includes a variety of innovation strategies to extend the ...
Terrorist incidents and foreign direct investment: results uncovered by relational models in the cases of Colombia and Peru
(Centro de Investigación y Docencia Económicas, 2024-04-08)
This paper seeks to examine if there is a causal link between terrorist incidents and foreign direct investment in the cases of Colombia and Peru, using large-scale and up-to-date data. The data of both parameters from the ...
The productivity of Colombian public schools and its determinants from a value-added perspective, 2014–2019: an empirical analysis
(Centro de Investigación y Docencia Económicas, 2024-04-07)
Identifying how efficient public schools are – that is, the academic performance they can generate with the available inputs – is relevant information for designing public policies to improve education quality. Using a ...
Estimating the reservation wage across city groups in Colombia: a stochastic frontier approach
(Centro de Investigación y Docencia Económicas, 2024-01-30)
We use the stochastic frontier approach to estimate the reservation wage across different cities in Colombia. Using the Household Surveys from 2008–2019 for 23 urban cities, we find empirical evidence supporting search ...
Term premium dynamics and its determinants: the Mexican case
(Centro de Investigación y Docencia Económicas, 2024-03-20)
We estimate the term premium implicit in 10-year Mexican government bonds from 2004 to 2019, and analyze the main determinants explaining its dynamics. We decompose the long-term interest rate into its two components: the ...
Population and economic growth in Mexico: regime dynamics and causality
(Centro de Investigación y Docencia Económicas, 2024-03-20)
This paper examines the joint dynamics of population and economic performance using panel data from the 32 Mexican states throughout the period 1940-2020. The analysis considers the population growth rate and per capita ...
The effects of educated leaders on policy and politics: quasi-experimental evidence from Brazil
(Centro de Investigación y Docencia Económicas, 2024-05-13)
We examine whether and how the educational background of political leaders matters for policy choices and outcomes. Using data on municipalities in Brazil from 2000–2008, we estimate the effects of electing a more educated ...