Showing 1 - 10 of 93
Following Hsieh and Klenow (2009), this paper studies productivity dispersions in Colombian industrial establishments using the Colombian Annual Manufacturing Survey (AMS) from 1982 to 1998. The United States is used as a benchmark to estimate the reallocation of capital and labor to equalize...
Persistent link: https://www.econbiz.de/10010328211
This study estimates Climate Adjusted Total Factor Productivity (CATFP) for agriculture in Latin America and Caribbean (LAC) countries, while also providing comparisons with several regions of the world. Climatic variability is introduced in Stochastic Production Frontier (SPF) models by...
Persistent link: https://www.econbiz.de/10011535715
This paper evaluates the impact of the introduction of savings groups on poverty, vulnerability, and financial inclusion outcomes in rural Peru. Using a cluster randomized control trial and relying on both survey and administrative records, we investigate the impact of savings groups after more...
Persistent link: https://www.econbiz.de/10012604844
Total factor productivity (TFP) in Latin America has not increased since the mid- 1970s, and in many countries it has declined. Moreover, resource misallocation can lower aggregate TFP. This paper presents evidence based on firm-level data from 10 Latin American countries to quantify the...
Persistent link: https://www.econbiz.de/10010328079
The laws that regulate relations between firms and workers in Mexico distinguish sharply between salaried and non-salaried workers, and they are at the root of the existence of informality. This paper provides a clear definition of informality, distinguishing it from illegality. Using Mexico's...
Persistent link: https://www.econbiz.de/10010328129
expansion of crony activities into new, previously unconnected sectors. 4-digit sectors that experienced crony entry between … due to selection. Crony entry skewed the distribution of employment toward smaller, less productive firms; crony firms did … not enter into sectors that would have also grown more slowly even in the absence of crony entry; and they enjoyed …
Persistent link: https://www.econbiz.de/10011786377
competition law interventions improved market competition in sanctioned sectors while business entry reforms significantly …
Persistent link: https://www.econbiz.de/10014518240
This paper combines development accounting exercises with economic theory to assess the importance of total factor productivity and the accumulation of factors of production as engines of growth in Latin America. Using the new, drastically revised Penn World Table (PWT) and Barro-Lee datasets,...
Persistent link: https://www.econbiz.de/10011535769
This paper analyzes the aggregate effects of a revenue neutral fiscal-cumsocial policy reform in a typical developing country that consists of two main changes: (1) the implementation of universal social insurance to replace the current dual social protection system (i.e., a reconfiguration of...
Persistent link: https://www.econbiz.de/10011314097
This paper combines development and growth accounting exercises with economic theory to estimate the relative importance of total factor productivity and the accumulation of factors of production in the economic development performance of Latin America. The region's development performance is...
Persistent link: https://www.econbiz.de/10010328263