Sep 2010
Author(s): Alvarez, Roberto; Bravo Ortega, Claudio; Navarro, Lucas
This paper uses two sources of information and different methodologies to analyze the causal effect of product and process innovation on productivity in the Chilean manufacturing industry during the…
Dec 2008
Author(s): Fernández-Arias, Eduardo; Jaramillo, Fidel; Agosin, Manuel R.; Sánchez, Gabriel; Butler, Inés; Blyde, Juan S.; Pinheiro, Armando Castelar; Daude, Christian; Cueva Armijos, Simón; Albornoz, Vicente; Avellán, Leopoldo; Artana, Daniel; Auguste, Sebastián; Cuevas, Mario; Hausmann, Ricardo; Klinger, Bailey; Bolaños Zamora, Rodrigo; Delgado Quesada, Félix; Moya, Ramiro; Sookram, Sandra; Watson, Patrick
Why are growth rates in Latin America so disappointing? This book reviews the results of an ambitious research project to determine the binding constraints to growth, that is, the barrier whose…
Dec 2006
Author(s): Bebczuk, Ricardo N.; da Silva, André L. Carvalhal; Chong, Alberto E.; Cruces, Juan José; Garay, Urbi; González, Maximiliano; Gutiérrez, Luis H.; Kawamura, Enrique; Leal, Ricardo P. C.; Lefort, Fernando; López-de-Silanes, Florencio; Pombo, Carlos; Walker, Eduardo
'Investor Protection and Corporate Governance' analyzes the impact of corporate governance on firm performance and valuation. Using unique datasets gathered at the firm-level--the first…
Mar 2000
Author(s): Fernández-Arias, Eduardo; Hausmann, Ricardo
It has been common to attribute financial crises to short-term capital inflows, while foreign direct investment (FDI) is seen as a safer form of finance. The relationship between crises and the…
Mar 2000
Author(s): Hausmann, Ricardo; Fernández-Arias, Eduardo
This paper studies the proposition that capital inflows tend to take the form of FDI -i.e., the share of FDI in total liabilities tends to be higher- in countries that are safer, more promising and…