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Asymmetric and non-linear adjustments in local fiscal policy
Legrenzi, Gabriella Deborah - 2009
We analyse the revenue-expenditure patterns of local governments, allowing for asymmetric and non-linear adjustments of local spending and taxation to disequilibrium errors. Our results provide evidence of a downward inflexibility of both local government spending and local taxation, pointing to...
Persistent link: https://www.econbiz.de/10003808136
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Complementarity of innovation policies in the Brazilian industry : an econometric study
Strube, Eduardo; Resende, Marcelo - 2009
application avoids micro-aggregation of the data and explicitly considers sampling weights in the econometric estimation. The …
Persistent link: https://www.econbiz.de/10003883864
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Labor reallocation in response to trade reform
Menezes-Filho, Naercio Aquino (contributor);  … - 2007
Persistent link: https://www.econbiz.de/10003496536
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The structure of worker compensation in Brazil, with a comparison to France and the United States
Menezes-Filho, Naercio Aquino (contributor);  … - 2006
We employ a comprehensive matched employer-employee data set for Brazil to analyze wage determinants and compare … selectivity of Brazilian workers into formal employment. The links between firm performance and wage components in Brazil resemble …
Persistent link: https://www.econbiz.de/10003300948
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Survival of new firms in the Brazilian franchising segment : an empirical study
Façanha, Luis Otávio; Resende, Marcelo; Cardoso, Vicente - 2011
The paper investigates survival patterns of Brazilian franchising firms during the 1994-1999 period. First, at a more descriptive level one considered the (percentage) survival of newly created franchisors in the following years. The evidence indicated a drastic decay in survival after only a...
Persistent link: https://www.econbiz.de/10009011145
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Determinants of survival of newly created SMEs in the Brazilian manufacturing : an econometric study
Façanha, Luis Otávio; Resende, Marcelo; Cardoso, Vicente - 2012
The paper investigates the survival of newly created small and medium enterprises in Brazilian manufacturing taking as reference the 1996-2005 period. The econometric analysis relies on time-varying version of the proportional hazard rate model that controls for unobserved heterogeneity. The...
Persistent link: https://www.econbiz.de/10009490608
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Product versus process : innovation strategies of multi-product firms
Flach, Lisandra; Irlacher, Michael - 2015
We investigate the effect of better access to foreign markets on innovation strategies of multi-product firms in industries with different scope for product differentiation. Industry-specific demand and cost linkages induce a distinction between the returns to innovation. In differentiated...
Persistent link: https://www.econbiz.de/10011283837
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Technological regimes in the Brazilian manufacturing industry : an empirical investigation
Vieira, Vinicius; Resende, Marcelo - 2013
The paper aims at assessing technological regimes in the context of the Brazilian manufacturing industry along the 2000 … are lower than in SM-II industries. -- technological regimes ; manufacturing industry ; Brazil …
Persistent link: https://www.econbiz.de/10009702893
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Estimating production functions when productivity change is endogenous
Muendler, Marc-Andreas - 2004
Production function estimation with micro-data shows that a persistent unobserved variable varies within firm or plant … over time but resists treatment and may cause biases. This paper presents an estimation model of the firm under endogenous …-effects estimation and remedying commonly suspected biases. Whereas productivity change is measured consistently, scale economies are not …
Persistent link: https://www.econbiz.de/10011402611
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Earnings inequality and the minimum wage : evidence from Brazil
Engbom, Niklas; Moser, Christian - 2017
We quantify the effect of a minimum wage on compression throughout the earnings distribution. Using the case of Brazil …
Persistent link: https://www.econbiz.de/10011619641