The aim of this work is to validate a general methodology for the economic evaluation of wetlands in the tropic, and to modify it in order to achieve a quick economic valuation of the ecosystem in Petexbatún Wetlands. The results obtained for the economic values are not fully consistent with...

Mechanisms for sharing the common tariff revenue in a customs union have received little attention in the literature (Syropoulus, 2003). Comparative analyses show that in past and current customs unions two main mechanisms are been used: generals rules and common funds. In this paper, a new...

El trabajo analiza el proceso de reforma en los servicios públicos a la luz del modelo desarrollado por Spiller y Tomassi (2003). El modelo desataca la incidencia que las instituciones políticas tienen en el proceso político, las que se plasman en ciertas características externas de las...

In this paper we analyze the individual motivation to pay taxes from a novel perspective: the degree of tax morale. We use the Latinobarometro data set of 2005 for countries belonging to the Cono Sur area in Latin America. We estimate, through OLS and ordered probit regressions, the relationship...

This paper provides new evidence on the magnitude of the elasticity of substitution between labour and capital for the Uruguayan manufacturing sector. Labour demand is derived using a right-to-manage model estimated for the period 1985-1997 using data for six industries. The evidence found...

The paper argues that a comprehensive evaluation of education reform in particular in developing countries needs considering the triangle’ quality-quantity-equity of educational policies in the short, medium and long term in a broader context than the education system itself. There is no...

This paper studies household decisions about participation and investment in risky financial markets, using a unique panel dataset of Italian households. Micro data show that households are enormously heterogeneous in their financial decisions. Most of this heterogeneity is associated with the...

The objective of this document is to describe the experience of MERCOSUR countries with respect to the managment of trade remedy measures (anti-dumping duties, countervaling duties and safeguards). For each member country, the institutional framework of these three mecanisms and its utilization...

The estimations in this paper show that there is a high risk that a very significant share of the workers registered in the work history of the main social security institution of Uruguay (the BPS) will not be able to comply with the condition of contributing 35 years to access the pension when...

Uruguay has allowed private sector participation in road construction, operation and maintenance at the end of the 20th century, specially though the form of concessions. The economic result of these concessions is difficult to be evaluated yet since they are still under execution. However, some...