The present project is oriented to evaluate the performance of technological trade and research and development (R&D) expenditure, as a measure of productivity in explaining economic growth. Using data for OECD countries under a simple neoclassical growth model framework, the role of technology...

In this teaching note, we discuss the basic principles for tariff setting. Tariff setting is very important for regulated industries, such as water and power. The tariff should provide an appropriate risk-adjusted return to the investor. If the tariff were too low, then the investors would not...

The public managers worries to increase the local government revenues are almost always related with changes in the tax rates, affecting all the agents in the economy. However, at the same time tax exemptions are used like policy instrument in order to achieve economic growth in some sectors,...

This article analyzes factors which, in light of the classical industrial location theory, account for the location of manufacturing industries in Colombia. The document shows how it is that agglomeration economies represent the paramount determiner which explains the location choices of firms....

This document analizes the preferences of public transportation system users in Cartagena de Indias - Colombia. The research uses related variables on transportation modes chosen by people and some other characteristics of the people who make such decisions. The analysis allows us to understand...

Chapter 1: Dominance Solvable Games -- Chapter 2: Pure Strategy Nash equilibrium and Simultaneous-move games with complete information -- Chapter 3: Mixed Strategies, Strictly competitive games, and Correlated Equilibria -- Chapter 4: Sequential-move games with complete information -- Chapter 5:...

In spite the notorious advances made by some countries in order to achieve the Millennium Development Goals promoted by the UNDP, the advance within the countries, particularly in their different regions is unknown. This report pretends to show a base line of this project for the Bolivar...