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Production risk and adoption of irrigation technology: evidence from small-scale farmers in Chile
(Centro de Investigación y Docencia Económicas, 2016-07-21)
In most developing countries non-irrigation status often dominates adoption of traditional and modern irrigation technology. In this paper, we study the effect of production risk on irrigation technology choice among ...
Great expectations? evidence from Colombia’s exchange rate survey
(Centro de Investigación y Docencia Económicas, 2016-07-21)
In this paper, we use the largest exchange rate survey in Colombia to test for the rational expectations hypothesis, the presence of a time-varying risk premium and the accuracy of exchange rate forecasts. Our findings ...
Does the commodities boom support the export led growth hypothesis?: evidence from Latin American countries
(Centro de Investigación y Docencia Económicas, 2016-10-20)
Commodity prices are characterized by boom and bust cycles. In this article, the impact of the commodity boom of the 2000s on Latin American and Caribbean economies is studied by analyzing four categories of commodity ...
Impact of environmental and social attitudes, and family concerns on willingness to pay for improved air quality: a contingent valuation application in Mexico City
(Centro de Investigación y Docencia Económicas, 2016-11-11)
By means of a single-bounded, referendum format contingent valuation, this paper estimates willingness to pay (WTP) for improved air quality among residents of Mexico City Metropolitan Area (MCMA). Findings from this paper ...
Does corruption affect cooperation?: a laboratory experiment
(Centro de Investigación y Docencia Económicas, 2016-09-13)
In this paper, we analyze the nature of cooperation in different corruption regimes. In a laboratory experiment with university students in Mexico, individuals play first a corruption game and then a public goods game. The ...
Poverty, vulnerability, and the middle class in Latin America
(Centro de Investigación y Docencia Económicas, 2016-08-19)
Between 2000 and 2013, Latin America has considerably reduced poverty (from 46.3 to 29.7 % of the population). In this paper, we use synthetic panels to show that, despite progress, the region remains characterized by ...
The economic integration of Spain: a change in the inflation pattern
(Centro de Investigación y Docencia Económicas, 2016-03-02)
The behavior of Spanish inflation rates at the provincial level (consumption prices) differs over the two spans of time considered in our study (1955.1–1978.6, 1978.7–2014.4). We point to a long list of institutional and ...