Human development and urban development play essential and intimately interacting roles in economic development. The availability and cost of the basic inputs in health, education, work and housing depend on the urban-rural context. On the other hand urban growth is shaped by the cumulus of...

In this article we use a joint framework to investigate the effects on profit and size of Mexican microfirms from moving from the informal to the formal sector of the economy. Our analysis uses a multivariate Roy model, which allows us to study simultaneously the interaction between the...

This paper uses a cointegration approach to estimate the demand functions for imports and exports in Mexico. The especification of each function is derived from the model of imperfect substitute goods and are estimated using monthly data over the period 1991-2005. It is found that all variables...

This paper describes the evolution of the systems used to predict land use cover/change. Based on cartographic information built by INEGI the dynamics of change of different types of land use during the period 1993-2000 is estimated; such information is used to compute transition probabilities...

We make use of a data set that is both long span and high frequency to test for purchasing power parity while allowing for a structural shift in the volatility of the Mexico-US bilateral real exchange rate. The Kim, Leybourne and Newbold (2002) unit root test, robust to changes in the innovation...

In this work we estimate the potential government revenue collection to finance Levy (2008)’s proposal of financing social security with Value Added Taxes, taking into account general equilibrium effects in a context of coexistence of formality and informality. Here, the latter is defined in...

This paper gives an overview of the origins, development and contagion of the financial and economic crisis of 2008-2009. This work gives an appraisal of the policy measures taken by the international community. Furthermore, it also evaluates the impact and response of emerging markets to the...

In this article, we develop a conceptual framework to study the interaction between financial development and different types of social capital. Our hypothesis is that financial transactions cannot be completely regulated by market contracts, and that market failures still appear in more...

We analyze various regulatory regimes for electricity transmission investment in the context of a transformation of the power system towards renewable energy. We study distinctive developments of the generation mix with different implications on network congestion, assuming that a shift from...

Taking as point of departure the basics of the economics of innovation, the Mexican evidence builds on two major obstacles: market failures inhibit economic returns to R&D and, consequently, the inexistence of a national innovation system. In such context, fiscal subsidies to R&D are introduced...