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Now showing items 11-20 of 78
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 ...
An estimation of CPI biases in Argentina 1985–2005 and its implications on real income growth and income distribution
(Centro de Investigación y Docencia Económicas, 2018-02-02)
We use the shifts in Engel curves calculated from household surveys to estimate CPI biases in Argentina between 1985 and 2005. We find that real earning levels increased during this period between 4.3 and 5.7% faster per ...
Property rights and intellectual property protection, GDP growth and individual well-being in Latin America
(Centro de Investigación y Docencia Económicas, 2019-11-04)
A central argument for increased protections of property rights (PR) is the role they play in encouraging economic transactions, investment and economic growth. Likewise, the utilitarian justification of intellectual ...
Poverty alleviation strategies under informality: evidence for Latin America
(Centro de Investigación y Docencia Económicas, 2019-11-14)
Strategies based on growth and inequality reduction require a long-run horizon, and this paper therefore argues that those strategies need to be complemented by poverty alleviation programs. With regards to such programs, ...
Trend-cycle decomposition for Peruvian GDP: application of an alternative method
(Centro de Investigación y Docencia Económicas, 2014-02-06)
Perron and Wada (J Monet Econ 56:749–765, 2009) propose a new method of decomposition of the GDP in its trend and cycle components, which overcomes the identification problems of models of unobserved components (UC) and ...
Skills versus suck: Bolivia and its recent bonanza
(Centro de Investigación y Docencia Económicas, 2019-07-29)
This paper uses different approaches to determine the contribution of internal policies and external factors on the good performance of the Bolivian economy in the recent past. It is demonstrated that the extremely favorable ...
Real exchange rate and manufacturing growth in Latin America
(Centro de Investigación y Docencia Económicas, 2014-02-07)
The manufacturing sectors in Latin America have been more affected by the currency over/undervaluation than their counterpart in industrialized economies. From a panel data set covering 39 countries and 22 manufacturing ...
On the role of financial aid in a default episode
(Centro de Investigación y Docencia Económicas, 2018-10-01)
Our aim is to explore the role of financial aid in a default episode. To that end, we develop a dynamic stochastic quantitative model of sovereign default featuring fiscal policy, endogenous financial aid and risk-averse ...
Urban infrastructure in Latin America and the Caribbean: public policy priorities
(Centro de Investigación y Docencia Económicas, 2015-11-11)
Latin America and the Caribbean is the most urbanized region in the developing world. Its urbanization rate of almost 80 % is comparable to that of high-income countries. However, cities in the region are struggling to ...
The impact of competition with China in the US market on innovation in Mexican manufacturing firms
(Centro de Investigación y Docencia Económicas, 2019-05-29)
Using data from 6378 Mexican firms for the 2012–2013 period, this paper estimates the effect of competition with China for the US market on the innovation efforts of the Mexican manufacturing sector. After controlling for ...