This paper exploits unique features of a recently introduced tariff schedule for natural gas in Buenos Aires to estimate the short-run impact of price shocks on residential energy utilization. The schedule induces a nonlinear and non-monotonic relationship between households'accumulated...

For many in Latin America, the increasing participation of China and India in international markets is seen as a looming shadow of two"mighty giants"on the region's manufacturing sector. Are they really mighty giants when it comes to their impact on manufacturing employment? The authors attempt...

Latin America was an aggressive practitioner of industrial policies (IP) in the years 1950-1980. During much of the period the general practice was in line with the then mainstream thinking in development economics. Significant growth, industrialization and modernization took place, but serious...