Using SPS measures obtained from the SPS Information Management System of the WTO and controlling for zero trade flows, we find that SPS concerns reduce the probability of trade in agricultural and food products consistently. However, the amount of trade is positively affected by SPS measures...

We assess the extent to which historical levels of inequality affect the likelihood of businesses being created, surviving and of these creating jobs overtime. To this end, we build a pseudo-panel of entrepreneurs across 48 countries using the Global Entrepreneurship Monitor Survey over...

We establish oracle inequalities for a version of the Lasso in high-dimensional fixed effects dynamic panel data models. The inequalities are valid for the coefficients of the dynamic and exogenous regressors. Separate oracle inequalities are derived for the fixed effects. Next, we show how one...

The reform to capital market in Chile in 2001 enacted, among other things, a capital gain tax exemption for stocks highly traded in stock markets. The goals of the reform were mainly to increase participation, depth and liquidity in the local stock market. However, it is not clear what the...

Este trabajo examina el alcance de las diferentes fuentes de variación geográfica en los reportes de calidad de vida relacionada con la salud. Concretamente, el presente trabajo investiga tres importantes preguntas: ¿Existen diferen¬cias significativas a través de los grupos urbanos en los...

Las entidades locales son la principal fuente de financiación de actividades culturales, deportivas y medioambientales. Aunque hay consenso generalizado sobre la presencia de dependencia espacial en los modelos que explican el gasto en estas partidas, el signo de la dependencia espacial es...

Proper assessment of air quality is of paramount importance. Accordingly, authorities in large cities have established air pollution monitoring networks that register levels of the most dangerous pollutants in a number of city locations on an hourly basis. Thus, the dataset including such...

The study investigates whether crime in Turkey is governed by economic rationality. An economic model of rational behaviour claims that the propensity to commit criminal activities is negatively related to risk of deterrence. Potential presence of higher risk profiles for certain population...

The electricity reform in Colombia has exhibited gains in terms of reliability but its effects on firm efficiency and service quality have not been clear. Previous studies evaluating the performance of distribution companies after the reform have not found evidence of improvements, although...

In this paper, we consider the nonparametric estimation of a varying coefficient fixed effect panel data model. The estimator is based in a within (un-smoothed) transformation of the regression model and then a local linear regression is applied to estimate the unknown varying coefficient...