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What do non-renewable natural resource rich countries do with their rents?
(CAF, 2011)
This paper examines three sets of questions related to the use of non-renewable natural resource rents: (1) To what extent countries rich in non-renewable natural resources use such rents to increase present consumption ...
People or places: the causes of spatial income differences in Brazil
(CAF, 2010)
This paper explores testable implications of a simple model of spatial heterogeneity in earnings, a model in which this spatial heterogeneity arises both from differences in the places that people work and differences among ...
El impacto del petróleo y la minería en el desarrollo regional y local en Colombia
(CAF, 2009)
Este trabajo estudia el impacto de la explotación de hidrocarburos y minerales sobre el desarrollo regional y local reciente en Colombia. Examina si los departamentos y municipios productores de hidrocarburos y carbón, y ...
Local governments' capacity and performance: evidence from peruvian municipalities
(CAF, 2008)
This paper explores the extent of technical capacity constraints in Peruvian local governments. To do that, we study how effective municipalities are in using a significant income windfall due to central government transfers ...
Development effects of electrification: evidence from the geologic placement of hydropower plants in Brazil
(CAF, 2011)
We estimate the development effects of electrification across Brazil over the period 1960-2000. Brazil relies almost exclusively on hydropower, which requires intercepting water at high velocity. We build an engineering ...
Patrones de desarrollo en América Latina: ¿convergencia o caída en la trampa del ingreso medio?
(CAF, 2012)
América Latina cuenta con el mayor número de países de ingreso medio del mundo, sin embargo, durante la mayor parte del siglo XX las tasas de crecimiento per cápita de los países de la región fueron inferiores a aquellas ...
State formation, tax structures and mineral abundance Chile and Peru, 1850-1930s
(CAF, 2010)
The paper assesses the impact of natural resource abundance on state formation by looking at how tax structures responded to booming periods in the early ages of the Chilean and Peruvian republic, 1850-1930s. The paper ...
The economics of tax evasion
(CAF, 2011)
This paper begins by reviewing the problem of tax evasion measurement. Based on available data, I conclude that this problem is far from being negligible, both for developed and developing countries. I also present in more ...
Local economic development. Some cities develop more than others: specialization, human capital and institutions
(CAF, 2009)
Why does a certain metropolitan area grow more than another? The answer to this question has evaded much of the considerable body of scholarship on the topic. One problem may be that some of the frameworks that drive ...
Information sharing and access to finance of SMEs: cross country evidence from survey data
(CAF, 2010)
Using a survey of firms in 61 countries around the world (WBES) and econometric techniques that allow us to deal with observed and unobserved country specific components as well as with partial endogeneity, we explore the ...