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This paper tests the hysteresis hypothesis in unemployment for 13 Latin American countries covering the period 1980-2005. The tests exploit the time series and the cross sectional variation of the series, and allows for cross section dependence and a different number of endogenously determined...
Persistent link: https://www.econbiz.de/10005529073
This paper attempts to establish a formal relationship between innovation and productivity using Colombian firm … sales and Total Factor Productivity (TFP). Innovation in processes likewise improves firms` productivity and sales. Finally …
Persistent link: https://www.econbiz.de/10009643438
sector; leads to job losses and pay cuts in the local manufacturing and services sectors; and induces out-migration …
Persistent link: https://www.econbiz.de/10010728959
This paper uses data from the Mexican Family Life Survey to estimate the impact of a household member’s migration to … the effect of parental migration is comparable to speaking an indigenous language at home or having a mother with very low … educational attainment. Additionally, household-member migration to the United States affects how children spend their time in …
Persistent link: https://www.econbiz.de/10009643434
This paper estimates the impact of two productive development programs (PDPs) in Costa Rica: PROPYME and CR Provee. The first seeks to increase the capacity of small and medium-sized firms (SMEs) to innovate, and the second aims to increase backward linkages between Costa Rican SMEs and...
Persistent link: https://www.econbiz.de/10010721886
This paper analyzes alternative models for emerging sovereign ratings. Although a small number of economic fundamentals explain ratings reasonably well, variations in those economic fundamentals are themselves explained by a small number of world factors. On the other hand, global financial...
Persistent link: https://www.econbiz.de/10010652582
How effective are export promotion activities in developing countries? What are the channels through which export promotion affects firms' exports, the intensive margin or the extensive margin? Empirical evidence in this respect is scarce. We aim at filling this gap in the literature by...
Persistent link: https://www.econbiz.de/10010652611
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,...
Persistent link: https://www.econbiz.de/10010653526
Government-owned development banks have often been justified by the need to respond to financial market imperfections that hinder the establishment and growth of promising businesses, and as a result, stifle economic development more generally. However, evidence on the effectiveness of these...
Persistent link: https://www.econbiz.de/10010653545
Export promotion agencies provide exporters with a broad range of services, going from counseling to sponsoring their participation in international trade missions and fairs. These services may have heterogeneous effects and thus contribute differently to achieve the goals of these...
Persistent link: https://www.econbiz.de/10010653755