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Innovación y competitividad en una selección de los estados de México
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
En este trabajo se plantea la hipótesis de que las acciones de innovación son un ingrediente indispensable para desarrollar y mantener una competitividad económica sustentable. La premisa de sustentabilidad económica es ...
Impact of U.S. biofuel policy in the presence of drastic climate conditions
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
We analyze the impact of total and partial waivers of the U.S. Renewable Fuel Standard (RFS) under uncertain changes in climate conditions that affects crop yields distributions. The main model results show that reducing ...
The challenge of market power under globalization
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
The legacy of Adam Smith leads to a false confidence on the optimality of laissez faire policies for the global market economy. Instead, the polarized character of current globalization deeply affects both developed and ...
Closing the achievement gap in mathematics: evidence from a remedial program in Mexico City
(Centro de Investigación y Docencia Económicas, 2014-11-11)
This paper evaluates the impact of an intervention targeted at marginalized low-performance students in public secondary schools in Mexico City. The program consisted in offering free additional math courses, taught by ...
An assignment model of monitored finance
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
We develop an incentive contracting model of firm formation. Entrepreneurs of private equity firms who differ in net worth are required to borrow from institutional investors in order to finance start up projects. Investors, ...
An economic analysis of transportation fuel policies in Brazil
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
Brazil uses taxes, subsidies, and blending mandates as policy instruments to manage its transportation fuel markets. Despite all the market stabilization efforts, the fuels sector has been very dynamic in recent years. In ...
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 ...
Competition and bank risk taking in a differentiated oligopoly
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
We re-examine the relationship between the degree of deposit market competition and bank
risk taking in a model where banks compete in differentiated deposit services. When banks
invest their deposits directly, as has ...
La política de innovación en el contexto de especialización competitiva de algunos estados de México
(Centro de Investigación y Docencia Económicas, División de Economía, 2014)
En este trabajo se analiza el impacto de distintos apoyos a la innovación brindados por Conacyt (Consejo Nacional de Ciencia y Tecnología) en la competitividad de las actividades más importantes en cada estado. El análisis ...
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 ...