Existing work in growth empirics either assumes linearity of the growth function or attempts to capture non-linearities by the addition of a small number of quadratic or multiplicative interaction terms. Under a more generalized failure of linearity or if the functional form taken by the...

This document presents the Opportunity for the Majority Development Initiative, which was launched in June 2006. Under the Initiative, the IDB is working with the private sector and civil society to support innovative, practical, market based solutions to persistent problems for the poor in...

In this paper we will not intend to derive improved poverty measures for the Americas. Our pretensions are much more modest. The purposes of the paper are to provide an inventory of available poverty estimates for the countries of the region derived from a variety of studies and data sources...

This paper is part of the project: "IDB's Science and Technology Programs: An Evaluation of the Technology Development Funds (TDF) and Competitive Research Grants (CRG)." This paper analyzes the role of National Research Funds in promoting scientific production in emerging economies. The...

This paper shows, first, that non-commodity revenues are more volatile in oil- and mineral-rich countries and that quality of institutions is associated with lower volatility. We investigate the channels through which oil and mineral revenue volatility lead to non-commodity revenues volatility,...

While Mexico has potential to grow rapidly, its economic growth has remained low for the past three decades. There is no consensus on the country's development path or on how to achieve specific goals. Since the policy debate remains ideological and lacks pragmatism, productive development...

This presentation comments on Manuel Trajtenberg¿s paper Innovation Policy for Development. The purpose of that paper includes discussing innovation policy guidelines for developing countries and employing the Israeli experience to derive lessons for growth-promoting innovation policies, among...

Recent research conducted by the IDB shows that innovation positively affects productivity growth in the Latin American and Caribbean region, although the evidence comes almost exclusively from the manufacturing sector. The dearth of evidence regarding innovation in services is related, at least...

The employment impact of innovation in the heterogeneous universe of services was studied using data from the 2004-2009 Uruguayan service innovation surveys. The empirical evidence shows that the impact of product innovation on employment is positive, while process innovation appears to have no...

During the Hemispheric Summit that took place in Quebec, Canada, in April 2001, the Inter-American Development Bank presented a set of 22 strategic programs intended to contribute to meeting the mandates that stem from the Summits of the Americas and the commitments that are part of the Plan of...