{"title":"School Infrastructure and Educational Outcomes: A Literature Review, with Special Reference to Latin America","authors":"Ana Cuesta, P. Glewwe, B. Krause","doi":"10.31389/eco.47","DOIUrl":"https://doi.org/10.31389/eco.47","url":null,"abstract":"ABSTRACT:International development agencies and country governments have called for greater resources to be devoted to education. While previous studies highlight the value of investing in education, they do not shed light on which specific educational investments should be pursued. This paper examines both the economics literature and the education literature published from 1990 to 2012 to assess the extent to which specific types of school infrastructure have a causal impact on student learning and enrollment. There is some evidence that school libraries and the creation of new schools leads to improved learning and enrollment. The literature also provides some evidence that toilets improve student learning, and that laboratories and drinking water facilities increase enrollment. Perhaps the main conclusion of this study is that the evidence base is weak, so more high-quality research is needed on the impact of infrastructure on learning and time in school in developing countries.","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"22 1","pages":"130 - 95"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83935839","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Marcelo Delajara, Federico Hernández Álvarez, Abel Rodríguez Tirado
{"title":"Nowcasting Mexico’s Short-Term GDP Growth in Real-Time: A Factor Model versus Professional Forecasters","authors":"Marcelo Delajara, Federico Hernández Álvarez, Abel Rodríguez Tirado","doi":"10.31389/eco.49","DOIUrl":"https://doi.org/10.31389/eco.49","url":null,"abstract":"ABSTRACT:We introduce a novel real-time database for the Mexican economy and propose a small-scale mixed-frequency dynamic factor model for nowcasting Mexico’s short-term GDP growth in real-time. We compare our factor-based backcasts, nowcasts, and forecasts with those of the consensus of the survey of professional forecasters during the period from the second quarter of 2008 through the second quarter of 2014. Our results suggest that our factor-based backcasts, nowcasts, and forecasts outperform those of the consensus of professional forecasters in real-time comparisons despite some structural instability during the 2008–09 crisis and its aftermath in 2010.","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"63 1","pages":"167 - 182"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"86075530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Firm Size and Development","authors":"Hugo Hopenhayn","doi":"10.31389/eco.44","DOIUrl":"https://doi.org/10.31389/eco.44","url":null,"abstract":"Firm size increases with GDP per capita. The paper develops a simple framework to explore three alternative sources of variation that may explain this correlation: (1) excessive entry; (2) differences in the distribution of firm productivities; and (3) differences in returns to scale. The results show that all these sources of variation lead to substantial differences in firm size. GDP per capita is also significantly affected, but by an order of magnitude less.","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"1 1","pages":"27 - 49"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74722578","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Omar O. Chisari, Sebastian Galiani, Sebastián Miller
{"title":"Optimal Climate Change Adaptation and Mitigation Expenditures in Environmentally Small Economies","authors":"Omar O. Chisari, Sebastian Galiani, Sebastián Miller","doi":"10.2139/ssrn.2338217","DOIUrl":"https://doi.org/10.2139/ssrn.2338217","url":null,"abstract":"We study the optimal role of mitigation and adaptation strategies for environmentally small economies, that is, economies that are witnessing an exogenous increase in emissions to which they are contributing very little. Our results lead to three main conclusions. First, small economies should concentrate their environmental efforts, if any, on adaptation. This is a recommendation based on cost effectiveness rather than on any idea about these economies indulging in free riding. Second, environmentally small economies that are unable to spend enough on adaptation may end up spending less on mitigation in the long term, owing to their impoverishment as a result of negative climate shocks. Third, higher mitigation expenditures may arise not only as a result of greater optimal adaptation expenditures, but also because of increased adaptation to the incentives for mitigation provided by richer countries. For the simulations, we use a calibrated optimal growth model for Brazil, Chile, and the United States.","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"26 1","pages":"65 - 94"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87162020","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Effects of Nutrition Promotion on Child Growth in El Alto, Bolivia: Results from a Geographical Discontinuity Design","authors":"G. Gertner, J. Johannsen, Sebastian Martinez","doi":"10.31389/eco.48","DOIUrl":"https://doi.org/10.31389/eco.48","url":null,"abstract":"ABSTRACT:Interventions that offer growth monitoring and nutrition counseling services to families with young children are one of the cornerstones of nutrition policy in developing countries. By raising caregivers’ awareness and encouraging recommended feeding, health, and hygiene practices, these programs seek to improve children’s growth, measured in terms of height and weight. We explore the effects of one such intervention that conducted home visits and community meetings with mothers of children under two years old in El Alto, a city of high poverty concentration in Bolivia. Project eligibility was limited to just over 400 households residing within a strictly defined geographical area. We exploit the resulting geographical discontinuity to identify impacts. Three years after the project started, we find that caregivers in the intervention area show substantial gains in health- and nutrition-related knowledge (0.327σ) and practices (0.273σ) relative to their peers just outside the project boundary. We find no detectable impacts on children’s height, but observe a significant increase in the prevalence of overweight children. For contexts such as El Alto, with high prevalence of stunting and increasing risk of overweight in the same population, these results suggest that nutrition promotion interventions should reassess both content and behavioral change strategies to reduce stunting while concurrently preventing excess weight gain in children.","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"17 1","pages":"131 - 165"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"79449856","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economía InformaPub Date : 2016-10-01DOI: 10.5194/acp-2020-1159-rc1
Diego Restuccia
{"title":"Comment","authors":"Diego Restuccia","doi":"10.5194/acp-2020-1159-rc1","DOIUrl":"https://doi.org/10.5194/acp-2020-1159-rc1","url":null,"abstract":"An essential issue in economics is understanding why some countries are rich and others poor. A consensus view has emerged in the literature whereby productivity is at the core of the differences in income across nations. Over the last fifteen years, progress has been made in our understanding of cross-country income differences in part by the increasing recognition of the importance of production heterogeneity—firms—and the allocation of factors of production across them for aggregate outcomes. The progress has been enhanced by the much wider availability of microeconomic data sets of firms across a growing number of countries. There has been a productive interplay of macroand microeconomic approaches to development. Two papers in this issue of Economía reflect very well the synergy that is growing across subfields, and both papers provide valuable insights for the overall role of firms and productivity on development. Although both papers offer insights and implications that are broad across many fields in economics, I focus my discussion in the context of the macroeconomic development literature and, in particular, the connection of misallocation and aggregate productivity. In “Firm Dynamics and Productivity: TFPQ, TFPR, and Demand-Side Factors,” John Haltiwanger discusses relevant measurement issues surrounding estimates of firm-level productivity and the implied inference of distortions, misallocation, and aggregate productivity derived from a variety of microeconomic data sets of firms. What is typically meant by misallocation? The concept of misallocation is tightly related to a particular economic structure. To focus the discussion, consider a simple one-period economy where a single homogeneous good is produced by heterogeneous establishments that differ only in their productivity. That is, more productive establishments produce more output for a given set of inputs. Assume for illustration that there are decreasing returns to scale in inputs at the establishment level, although this assumption is not essential. Incidentally, the aggregate production function implied by this setting features D I E G O R E S T U C C I A University of Toronto","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"22 1","pages":"51 - 61"},"PeriodicalIF":0.0,"publicationDate":"2016-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73739945","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economía InformaPub Date : 2016-09-01DOI: 10.1016/j.ecin.2016.09.002
Gustavo Vargas Sánchez , Carlos Mario Rodríguez Peralta
{"title":"Oligopolio y estrategias de competencia en el mercado de minoristas en México","authors":"Gustavo Vargas Sánchez , Carlos Mario Rodríguez Peralta","doi":"10.1016/j.ecin.2016.09.002","DOIUrl":"10.1016/j.ecin.2016.09.002","url":null,"abstract":"<div><p>The overall objective of this paper is to make an approach to the analysis about competition and microeconomic dynamic on Mexican retail market. The research hypothesis is that Mexican retail market is not a perfect competition case, because it operates as an oligopoly market. So, it is assumed that this market is dominated by a few companies, where it is possible identify a leader and other companies that behave as followers. The competition in this market can take different shapes according to the corporations’ strategies. The price is not set by free market forces but by corporations and the competition for the domestic market, in which companies deploy a set complex competitive strategies where different combinations of variables are included, variables that are not just prices. Among these variables we can find, besides price, customer service; innovations; variety of offered products; market segmentation; product quality and sales infrastructure; mergers, acquisitions and partnerships; etc. Finally we can observe a concentrated oligopolistic behavior which highlights the existence of interdependence relationships among players.</p><p>Some of these hypotheses were confirmed and nuanced, but the most important conclusion is that the behavior companies, markets and competition at the microeconomic level, are complex and evolves over time.</p></div>","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"400 ","pages":"Pages 3-23"},"PeriodicalIF":0.0,"publicationDate":"2016-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ecin.2016.09.002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85800965","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economía InformaPub Date : 2016-09-01DOI: 10.1016/j.ecin.2016.09.005
Victor Manuel Isidro Luna
{"title":"The persistence of Poverty in Capitalist Countries","authors":"Victor Manuel Isidro Luna","doi":"10.1016/j.ecin.2016.09.005","DOIUrl":"10.1016/j.ecin.2016.09.005","url":null,"abstract":"<div><p>This article describes the increased rate of poverty in the United States and Europe in the 2000s. Expanding productivity has not resulted in a concomitant improvement in the standard of living of people. Neither classical nor neoclassical theories explain the persistence of poverty in developed countries. First of all, the classical theory of poverty is based on a minimum level of subsistence for human beings, whereas neoclassicals maintain that low wages will reduce poverty. We argue that these ideas are characteristic of the capitalist perspective and that revising Marxian foundations may provide some insight into poverty in capitalism and its current evolution.</p></div>","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"400 ","pages":"Pages 67-82"},"PeriodicalIF":0.0,"publicationDate":"2016-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ecin.2016.09.005","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"73116265","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economía InformaPub Date : 2016-09-01DOI: 10.1016/j.ecin.2016.09.004
Carlos Manuel Sánchez Ramíre
{"title":"El reto de incorporar a México al ttp en el capitalismo del conocimiento superando su integración al tlcan","authors":"Carlos Manuel Sánchez Ramíre","doi":"10.1016/j.ecin.2016.09.004","DOIUrl":"10.1016/j.ecin.2016.09.004","url":null,"abstract":"<div><p>Mexico's inclusion in Transpacific Partnership (<span>tpp</span>) represents a new challenge for the country's development. In this sense, the objectives of this work are to analyze <span>tpp</span> under Knowledge Capitalism (<span>kc</span>) broader framework, from geopolitical, commercial and scalar perspectives, as part of a developing path contrast process in which the United States aim to keep its dominant position in the Asia-Pacific region in the face of the economic rise of China and its growing regional influence; understand the uneven geographical development brought by the subordinate insertion of Mexico in the North America Free Trade Agreement (<span>nafta</span>), derived from the unfinished process of import substitution industrialization; and in order to overcome this integration model, propose guidelines to successfully incorporate Mexico to the <span>tpp</span> under <span>kc</span> general economic growth conditions and specifically in Special Economic Zones (<span>sez</span>s) projected in the southwestern region of the country.</p></div>","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"400 ","pages":"Pages 40-66"},"PeriodicalIF":0.0,"publicationDate":"2016-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ecin.2016.09.004","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75584748","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Economía InformaPub Date : 2016-09-01DOI: 10.1016/j.ecin.2016.09.003
Luis Gómez Oliver , Rosario Granados Sánchez
{"title":"Las cuatro grandes empresas comercializadoras y los precios internacionales de los alimentos","authors":"Luis Gómez Oliver , Rosario Granados Sánchez","doi":"10.1016/j.ecin.2016.09.003","DOIUrl":"10.1016/j.ecin.2016.09.003","url":null,"abstract":"<div><p>A large part of the food markets are local or regional; but in situations of production shortages, the international market is what moves the price at the margin and impacts directly on national markets.</p><p>Four major traders of food grains: Archer Daniels Midland (ADM), Bunge, Cargill and Louis Dreyfus, (called the ABCD), control most of the international trade in cereals and grains, and have great influence on determining international prices food. More than a century old, they constitute a most peculiar group of companies. With a low profile, they have changed very little in its long existence. They are among the largest companies worldwide, but are traditionally family-owned firms. In addition to trading, transport and storage activities, they participate in the financing of agricultural production, through the delivery of technology packages and inputs (seeds, fertilizers and agrochemicals); their subsidiaries in numerous countries consume most of the commodities they sell, so their prices are rather transfer prices. They use their own trains and ships to transport the grains; storage is made in their own storage facilities. They are livestock and poultry producers, have great importance in the production of animal feed and biofuel markets; and are owners or lessees of land. They are also financial institutions active in the derivatives markets.</p></div>","PeriodicalId":100390,"journal":{"name":"Economía Informa","volume":"400 ","pages":"Pages 24-39"},"PeriodicalIF":0.0,"publicationDate":"2016-09-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.ecin.2016.09.003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74038819","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}