{"title":"Estratégia ótima para declarar perdas no mercado de seguros de automóveis","authors":"Bruno Aurichio, Mariana F. Boreli","doi":"10.1590/0101-416147171BLM","DOIUrl":"https://doi.org/10.1590/0101-416147171BLM","url":null,"abstract":"Upon analyzing an extensive database on the Brazilian auto insurance market, we found a stylized fact: the frequency of claims is higher in the first months of the contract. In order to explain this fact, we propose a modified version of Venezia and Levy (1980) model, in which we show that pseudodeductible is lower at the beginning of the contract. The pseudodeductible is an unobservable threshold, higher than the deductible stipulated in the contract, below which the insuree has an incentive not to claim his losses. Given that the pseudodeductible is smaller at the beginning of the contract, the model predicts that there will be a higher frequency of losses (of lower value) being claimed in this period. In order to test this prediction, we regressed the logarithm of indemnities against dummies that indicate the time of the contract, and we found that in the first trimester of the contract the average value of claimed losses is approximately 2.21% lower than the second trimester. This information can be used by insurers to adjust deductibles in the first months of contracts in order to reduce their claim rates.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"95 1","pages":"185-213"},"PeriodicalIF":0.6,"publicationDate":"2017-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83965770","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"O efeito da interação social entre os jovens nas decisões de consumo de álcool, cigarros e outras drogas ilícitas","authors":"Kalinca Léia Becker","doi":"10.1590/0101-416147136KLB","DOIUrl":"https://doi.org/10.1590/0101-416147136KLB","url":null,"abstract":"This study analyzed the influence of the social interactions effect of young people in schools, public and private, on the consumption decisions of illicit drugs, alcohol or cigarettes. For this, individual behavior equations were estimated with instruments for social interactions and data from the National School of Health, 2012. The results indicated that the effect of these interactions on consumption decisions of illicit substances are higher compared to the influence of characteristics families. For example, moving a young in a public school where 80% of students smoke to a school where this rate is 50% would completely offset the higher risk of youth smoking associated with the fact of a parent smoking. In addition, the results showed that parental involvement with the activities of the children may be more important to inhibit the consumption of drugs, alcohol and cigarettes than parents' education and family living standards.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"42 1","pages":"65-92"},"PeriodicalIF":0.6,"publicationDate":"2017-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81537386","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"AH1N1 impact on the Mexican pork meat market","authors":"E. Ayala, Joana Chapa","doi":"10.24201/EEV32I11","DOIUrl":"https://doi.org/10.24201/EEV32I11","url":null,"abstract":"This article presents estimates of AH1N1's effects on the consumption of pork through an Almost Ideal Demand System (AIDS) for meat consumption in Mexico. Additionally, indirect effects through the Mexican economy are estimated using a general equilibrium model that captures the effects of intersectoral relationships and the induced effects by the circular flow of income. It is concluded that the presumed risk of contracting AH1N1 via pork consumption provoked total economic losses of $94 million. The rumor affected the pork sector, the grains sector and the manufacturing sector of food, beverages and tobacco. The poor rural households were the most affected.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"100 1","pages":"3-25"},"PeriodicalIF":0.6,"publicationDate":"2017-01-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75663624","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"El ciclo económico de la productividad y su relación con el ciclo político en México, 1993.1 - 2014.4","authors":"Vicente Germán-Soto, Cesáreo Gámez Garza","doi":"10.24201/EE.V32I1.3","DOIUrl":"https://doi.org/10.24201/EE.V32I1.3","url":null,"abstract":"The political-business cycle (PBC) theory sustains that economies are positively influenced in the last year of each government administration and also they tend to slowdown in the first year. To investigate this hypothesis, we analyze the cycle of productivity of the manufacturing industry in Mexico along 1993.1-–2014.4. Results from dynamic models indicate that strength of productivity is relatively minor for the quarters 1 and 4, a finding that is related to the political cycle because elasticity also falls in the quarters of the first year of government and increases in the last.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"76 1","pages":"65-94"},"PeriodicalIF":0.6,"publicationDate":"2017-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"90148045","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Leonardo Andrade Rocha, A. Khan, P. Lima, Maria Ester Soares Dal Poz
{"title":"Corrupção e Crescimento: os impactos da corrupção ponderados pelos diferentes graus de eficiência entre as firmas","authors":"Leonardo Andrade Rocha, A. Khan, P. Lima, Maria Ester Soares Dal Poz","doi":"10.1590/0101-4161464782LAPM","DOIUrl":"https://doi.org/10.1590/0101-4161464782LAPM","url":null,"abstract":"This study examined the impact of corruption on growth of firms with different levels of efficiency. The study was made from the non-parametric efficiency scores technique, was adjusted a linear regression model interacting the different scores with a corruption index. The results have shown that corruption has negative impacts on low-performing firms, unlike high-performing firms. In this sense, the position of an efficient firm as the quantile frontier affects significantly the consequences of corruption, suggesting a heterogeneous effect that is not accurately captured by traditional techniques. These results corroborate scientific studies carried out by Batra, Kaufmann and Stone (2003), Wang and You (2012) and Jiang and Nie (2014).","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"33 1","pages":"783-822"},"PeriodicalIF":0.6,"publicationDate":"2016-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77198052","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Marcos Vinicio Wink Junior, Felipe Garcia Ribeiro, Stéfano Florissi, Pedro Tonon Zuanazzi
{"title":"Os efeitos da criação de leis de meia entrada para estudantes sobre o consumo de bens e serviços culturais no Brasil","authors":"Marcos Vinicio Wink Junior, Felipe Garcia Ribeiro, Stéfano Florissi, Pedro Tonon Zuanazzi","doi":"10.1590/0101-416146471MFSP","DOIUrl":"https://doi.org/10.1590/0101-416146471MFSP","url":null,"abstract":"This paper estimates the effects of the laws of half price tickets on the consumption of cultural goods and services of Brazilian students using samples collected for all metropolitan regions from the Household Budget Surveys (HBS), carried out in 1987/88, 1995 / 96, 2002/03 and 2008/09. We evaluate the effects of the laws on the proportion of students that consume cultural services and changes in their expenses with those services. We explore the time differences of the creation of those laws among Brazilian states to estimate a causal relationship using the Difference-in-differences (DD) and Triple differences (DDD) methodology. We found that the laws of half price tickets had positive effects on increasing the likelihood that students consume cultural goods and services and on raising their spending with those goods and services.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"86 1","pages":"745-781"},"PeriodicalIF":0.6,"publicationDate":"2016-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83265016","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Érika Burkowski, Fernanda Finotti Cordeiro Perobelli, F. S. Perobelli
{"title":"Matrizes de contabilidade social e financeira: Brasil, 2005 a 2009","authors":"Érika Burkowski, Fernanda Finotti Cordeiro Perobelli, F. S. Perobelli","doi":"10.1590/0101-4161464936EFF","DOIUrl":"https://doi.org/10.1590/0101-4161464936EFF","url":null,"abstract":"This paper proposes a methodology for preparation a Financial and Social Accounting Matrices (F-SAM) for the Brazilian economy by combination of the input-output matrices production flow with income flows and financial flows of Integrated Economic Accounts. We present the Brazilian F-SAM for the years 2005 to 2009, with 55 productive sectors, 3 production factors, 4 institutional agents and 7 financial instruments. The Trade sector and Public Administration are important in the production and generation of added value. The Food and Beverage industry has great capacity for dispersal of funds in the economy and there is a strong dependence on transfers in income distribution among domestic economic agents. Excess liquidity and the downsizing observed in the period are perceived by the variation observed in Cash and Deposits and on the variation of financial assets and liabilities.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"25 1","pages":"937-971"},"PeriodicalIF":0.6,"publicationDate":"2016-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"74351912","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Hilton Martins de Brito Ramalho, Danyella Juliana Martins de Brito
{"title":"Migração intrametropolitana e mobilidade pendular: Evidências para a Região Metropolitana do Recife","authors":"Hilton Martins de Brito Ramalho, Danyella Juliana Martins de Brito","doi":"10.1590/0101-416146483HRDB","DOIUrl":"https://doi.org/10.1590/0101-416146483HRDB","url":null,"abstract":"O artigo investiga se ha relacao entre mobilidade pendular e migracoes na Regiao Metropolitana do Recife (RMR). Nesse intuito, foram usados dados do Censo Demografico de 2010 e estimado um modelo de efeito-tratamento baseado em copulas e que incorpora autosselecao de trabalhadores entre migrantes e nao migrantes. Os resultados sugerem uma relacao complementar entre as escolhas de cidade de residencia e de cidade de trabalho no meio intrametropolitano; fato que reforca a hipotese de influencia direta do processo de descentralizacao urbana sobre os movimentos pendulares. As estimativas mostraram que um trabalhador com historico recente de migracao na RMR tem, em media, 47,6 p.p. a mais de probabilidade de efetuar a mobilidade pendular quando comparado a um nao migrante. Esse efeito tende a ser subestimado quando se ignora a autosselecao dos migrantes em habilidades inatas.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"9 1","pages":"823-877"},"PeriodicalIF":0.6,"publicationDate":"2016-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85239089","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Impactos do controle do preço da gasolina sobre o etanol biocombustível no Brasil","authors":"C. C. D. Costa, H. L. Burnquist","doi":"10.1590/0101-416146418CCHB","DOIUrl":"https://doi.org/10.1590/0101-416146418CCHB","url":null,"abstract":"This work estimated the effect of price control of gasoline A on the hydrated ethanol and gasoline C in Brazilian fuel markets. For that, the prices that would prevail without intervention were evaluated. The results show that the Brazilian government intervention in the gasoline price stimulated the production of hydrated ethanol by keeping its price 9% higher than estimated, on average, along the period of 2006 to 2010. Through the 2011 to 2014 period, the government intervention reduced gasoline price, what had a negative effect on the hydrous ethanol price (7% lower than estimated) and its production, as well as the financial health of the state firm that supplies gasoline A. In 2015, the government restricted the transmission of reductions in the international price of gasoline to the domestic market, keeping the domestic price 7% higher than expected, and harming the competitiveness of the Brazilian economic sectors for which fossil fuel is a relevant item in the production cost.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"22 1","pages":"1003-1028"},"PeriodicalIF":0.6,"publicationDate":"2016-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"81270508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Análise econômica da primeira Lei de Patentes brasileira","authors":"A. Cabello, L. Póvoa","doi":"10.1590/0101-416146484ACLP","DOIUrl":"https://doi.org/10.1590/0101-416146484ACLP","url":null,"abstract":"Brazil was one of the first countries to have a patent law and one of the only ones to grant patent length according to the quality of the invention. This paper analyzes an unpublished dataset with all the 783 industrial privileges granted under the first Brazilian patent law between 1830 and 1882. Our results show that inventive activity was linked to the economic and social structure of the time and that labor scarcity led to the invention of machines and equipment for the coffee sector. The number of patents only increased from 1870 and on, when economic conditions improved, showing how little can be achieved by a patent law in an economically stagnant environment. However, it was the least expensive mechanism to stimulate inventive activity in Brazil in the XIX century.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"382 1","pages":"879-907"},"PeriodicalIF":0.6,"publicationDate":"2016-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85836060","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}