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Mostrando ítems 11-17 de 17
Institutions, sectorial dynamics and foreign direct investment in Latin America: a new emerging reality
(CAF, 2013)
Despite uncertainties in the global economy, Latin American countries have attracted a significant amount of Foreign Direct Investment (FDI) in recent years. Investing in Latin America is now a central pillar of many ...
Government performance, taxation and citizen participation: evidence from Brazil
(CAF, 2011)
Fiscal contract theories of the state hypothesize that government performance affects tax collection and that institutions that foster representation and accountability link taxes and services. These propositions have yet ...
What explains output recoveries in developing and emerging market economies after the global financial crisis?
(CAF, 2017-09-26)
This paper presents a systematic assessment of the macroeconomic factors associated with differences in GDP dynamics in emerging markets in the aftermath of the global financial crisis. We implement a Bayesian Model ...
Measuring Imperfect Competition in Product and Labor Markets. An Empirical Analysis using Firm-level Production Data
(CAF, 2018-01)
In this paper, we develop a simple theoretical model that allows us to disentangle empirically the extent of imperfect competition in product and labor markets using plant-level production data. The model assumes ...
Programas de Financiamiento Productivo a pymes, acceso al crédito y desempeño de las firmas: Evidencia de Argentina
(CAF, 2017-11-30)
En Argentina se han implementado, en los últimos años, un importante abanico de políticas de financiamiento público hacia las micro, pequeñas y medianas empresas. Sin embargo, hasta el momento, no se han realizado trabajos ...
Capital Controls and Firm Performance: The Effects of the Chilean Encaje
(CAF, 2017-11-30)
This paper studies the effects of the capital controls imposed by Chile between 1991 and 1998,
i.e. the Chilean encaje, on firms' production, investment and exporting decisions. We use a
general equilibrium model with ...
Public financial support and innovation in Colombian manufacturing firms
(CAF, 2017-05-30)
We evaluate the impact of public financial support, both subsidies and credit, on different types of innovation in Colombian industry. We compare it with the effects of financing innovation with own resources and with ...