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The present document analyzes the energy substitution elasticities in the short and long term in Bolivia. The inputs accounted are electricity, hydrocarbons and biomass. In order to measure and identify the direction of the elasticities we use a Transcendental Logarithmic Production Function,...
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Common pool resources (CPRs) are usually exploited one generation after another - often overexploited - meaning there is an intergenerational link between the consumers - e.g., water for farming activities. This key dimension is often not considered in theoretical or field experiments, due to...
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This paper seeks to analyze the evolution of the Bolivian vehicle stock in the mid-term and its policy implications. First, we analyze the relationship between income and vehicle ownership in the country during the period 1970 - 2017 through robust econometric techniques. Based on these results,...
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