Es difícil describir o interpretar la historia económica de América Latina sin hacer referencia a la enorme contribución de Raúl Prebisch. Su figura se proyecta a través de la región como la de un gigante en pensamiento y acción. Las huellas de su legado continuan siendo indudablemente...

The literature on aid effectiveness has focused more on recipient policies than the determinants of aid allocation yet a consistent result is that political allies obtain more aid from donors than non-allies. This paper shows that aid allocated to political allies is ineffective for growth,...

This paper shows, first, that non-commodity revenues are more volatile in oil- and mineral-rich countries and that quality of institutions is associated with lower volatility. We investigate the channels through which oil and mineral revenue volatility lead to non-commodity revenues volatility,...

The available evidence on the effects of aid on growth is notoriously mixed. We use a novel empirical methodology, a heterogeneous panel vector-autoregression model identified through factor analysis, to study the dynamic response of exports, imports, and per capita GDP growth to a "global" aid...

This paper analyzes quantitative findings on the innovative behavior of firms in the production chains of pisco and shoe manufacture in Peru, which are served by the network of Technological Innovation Centers (CITEs), the most important technology policy instrument available in Peru. These two...

This paper uses a randomized controlled experiment in Costa Rica to determine whether IB use by Banco Nacional de Desarrollo`s micro and small enterprise (MSE) clients has an impact on their performance, measured in terms of productivity, increase in sales, and cost reduction. Results from the...

This study examines the determinants of technological innovation and its impact on firm labor productivity across six Latin American countries (Argentina, Chile, Colombia, Costa Rica, Panama, and Uruguay) using micro data from innovation surveys. In line with the literature, in all countries...

The general objective of the study is to develop a methodology for the preparation of greenhouse-gas abatement curves for the energy demand sector, incorporating the uncertainty associated to the variables involved in estimating the marginal abatement costs. Furthermore, this approach will be...

This paper documents the relationship between regional financial development and firm growth in the Peruvian manufacturing sector. In order to control for mutual causality between credit availability and firm growth, industry differences in financial dependence on external funds are exploited....

This paper addresses two research questions: How do learning mechanisms operate in different types of global value chains? What is the supporting role of the innovation system in GVC-driven learning and innovation processes? Empirical evidence is used from the authors' research as well as...