This paper develops a model of the regulator-regulated firm relationship in a regional natural gas commodity market which can be linked to a competitive market by a pipeline. We characterize normative policies under which the regulator, in addition to setting the level of the capacity of the...

The aim of this paper is to provide an estimation and decomposition of the motherhood wage penalty in Colombia. Our empirical strategy is based on the matching procedure designed by Ñopo (2008) for the case of gender wage gaps. This is an alternative procedure to the well-known Blinder-Oaxaca...

Abstract The paper analyzes the effects of land reform on social development –poverty and land distribution- at the local level. Land reform in Colombia, understood as the allocation of public land to peasant, has granted 23 million hectares which comprises around 20% of Colombian territory...

Abstract What are the eects of natural disasters on electoral results? Some authors claim that catastrophes have a negative eect on the survival of leaders in a democracy because voters have a propensity to punish politicians for not preventing or poorly handling a crisis. In contrast, this...

Abstract This paper analyses land reform policy in Colombia since the early twentieth century to 2012, characterized by allocation of public land to peasants. We seek to show the magnitude and importance of this constant public policy and shows its dynamic at national and regional level, in...

En este estudio se evalúan los efectos estáticos de una reciente propuesta de reforma a la actual estructura arancelaria aplicada por Colombia. La propuesta, realizada por el gobierno, estaba dirigida a racionalizar dicha estructura y a propiciar un mejoramiento de la productividad de la...

Measuring labor's share of an economy's aggregate income seems straightforward,at least in principle. Count up wage and salary income, along with the value of benefitsprovided to employees, and divide it by total income. However, one fundamentalconcept of labor's share in macroeconomic theory is...

We test the existence of changes in the relationship between fertility and schoolingin Colombia for women from 30 to 40 years old between 1995 and 2005. For ourpurpose, we use Poisson Regression Models. Our database is the Demographic andHealth Survey from 1995 and 2005. We found a reduction in...

This study examines the determinants of information and communications technology(ICT) use and access of low-income people in three developing countries: Colombia,Mexico and Peru. We focus on cross-country differences and similarities in ICTs use acrossgender, age, education and income, using...

We formulate and solve a model of factor saving technological improvement considering three factors of production: labor, capital and energy. The productive activities have three main characteristics: …first, in order to use capital goods fi…rms need energy; second, there are two sources of...