The defense-growth nexus is investigated empirically using longitudinal data for Guatemala and allowing the effect of defense spending on growth to be nonlinear. Using recently developed econometric methods involving threshold regressions, evidence of a level-dependent effect of military...

El presente trabajo explora las causas de la deforestación y la pérdida de biodiversidad en Guatemala. El documento se divide en cuatro partes. En la primera, se presenta una generalización sobre la deforestación en Guatemala entre 1950-2000. Así mismo se explora la relación entre...

This paper proposes a technique to decompose short-run fluctuations in the terms of trade. Using Ethiopia as an example, we decompose the commodity terms of trade into various components to measure the impact of price and volume shifts as well as export diversification. We use monthly data from...