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Publicaciones electrónicas recientes

  • Government transparency measurement through prioritized distance operators 

    Aviles Ochoa, Ezequiel; Leon Castro, Ernesto; Alessandri Pérez-Arellano, Luis; Merigo, Jose M. (IOS Press, 2018)
    The prioritized induced probabilistic ordered weighted average distance (PIPOWAD) has been developed. This new operator is an extension of the ordered weighted average (OWA) operator that can be used in cases where we have ...
  • Least‐present‐value‐of‐revenue auctions and highway franchising 

    Engel, Eduardo; Fischer, Ronald D.; Galetovic, Alexander (The University of Chicago Press, 2001)
    In this paper we show that fixed-term contracts, which are commonly used to franchise highways, do not allocate demand risk optimally. We characterize the optimal risk-sharing contract and show that it can be implemented ...
  • A Note on Enforcement Spending and VAT Revenues 

    Engel, Eduardo; Galetovic, Alexander; Raddatz, Claudio E. (The MIT Press, 2001)
    Tax compliance studies usually focus on the effect of enforce-ment spending on tax evasion. Reliable estimates are difficult to obtain because evasion data are often suspect. This note shows how tax revenues can be used ...
  • Policy-Driven Productivity in Chile and Mexico in the 1980’s and 1990’s 

    Bergoeing, Raphael; Kehoe, Patrick J.; Kehoe, Timothy J.; Soto, Raimundo (American Economic Association, 2002)
    Both Chile and Mexico experienced severe economic crises in the early 1980s, but Chile recovered much faster than did Mexico. Using growth accounting and a calibrated dynamic general equilibrium model, we conclude that the ...
  • Water subsidy policies: a comparison of the Chilean and Colombian schemes 

    Gómez-Lobo, Andres; Contreras Guajardo, Dante (Oxford University Press, 2003)
    Analysis of two water subsidy schemes--a means-tested subsidy in Chile and a geographically targeted subsidy in Colombia--shows that the means-tested system is better able to identify poor households than the geographically ...
  • The policy roots of socioeconomic stagnation and environmental implosion: Latin America 1950-2000 

    López, Ramón (Elsevier, 2003)
    The persistence of growth and its equity and environmental effects heavily depend on the composition of asset investments. Physical, human, and natural capital are the key assets behind the development process. Market ...
  • Measuring the performance of Chile's tax administration 

    Serra Banfi, Pablo (National Tax Association, 2003)
    - The purpose of this paper is to measure the effectiveness of Chile’s Internal Revenue Service (SII). We assume that its goal is to achieve maximum compliance from taxpayers while minimizing compliance costs. Sample ...
  • Energy prices in the presence of plant indivisibilities 

    Fischer, Ronald; Serra Banfi, Pablo (Elsevier, 2003)
    In several countries (Chile, Bolivia, Argentina and Peru, among others), power plants are dispatched according to merit order, i.e. based on the marginal operating costs of the plants. In this scheme, the operating plant ...
  • Could higher taxes increase the long-run demand for capital? Theory and evidence for Chile 

    Bustos, Alvaro; Engel, Eduardo; Galetovic, Alexander (Elsevier, 2004)
    On theoretical grounds alone, there is no a priori reason why higher taxes should reduce the desired capital stock, since a tax increase reduces marginal returns but also increases depreciation and interest payment allowances. ...
  • Why is manufacturing trade rising even as manufacturing output is falling? 

    Bergoeing, Raphael; Kehoe, Timothy J.; Strauss-Kahn, Vanessa; Mu Yi, Kei (The American Economic Association, 2004)
    For the OECD as whole, as well as for the U.S., manufacturing exports have been rising, while manufacturing output (both expressed as a share of total GDP) has been falling. We examine the prevalence of this puzzling fact ...
  • Response of Tax Credit Claims to Tax Enforcement: Evidence from a Quasi-Experiment in Chile 

    Agostini, Claudio; Martínez Alvear, Claudia (Wiley, 2014)
    Diesel in Chile receives a different tax treatment depending on its use. If diesel is used in industrial activities the diesel tax paid can be used as a credit against VAT and if diesel is used in freight or public ...
  • How to Auction a Bottleneck Monopoly when Underhand Vertical Agreements are Possible 

    Engel, Eduardo; Fischer, Ronald; Galetovic, Alexander (Wiley, 2004)
    A seaport is awarded in a Demsetz auction to the operator bidding the lowest cargo-handling fee. The competitive auction is irrelevant if the port operator integrates into shipping and sabotages competitors, thus providing ...
  • Three Strikes and You’re Out: Reply to Cooper and Willis 

    Caballero, Ricardo; Engel, Eduardo (The American Economic Association, 2004)
    Cooper and Willis (2003) is the latest in a sequence of criticisms of our methodology for estimating aggregate nonlinearities when microeconomic adjustment is lumpy. Their case is based on “reproducing” our main findings ...
  • Trust and commitment in the formation of donor loyalty 

    Barra Villalón, Cristóbal; Pressgrove, Geah; Torres Moraga, Eduardo (Taylor & Francis, 2018)
    This cross-national study empirically tests a model that explains the ways in which trust and commitment lead to loyalty in the organization-donor relationship. This research fills a gap in the literature by contrasting ...
  • Does corporate diversification create value in emerging markets? New evidence from Chile 

    Espinosa, Christian; Maquieira, Carlos; Jara Bertin, Mauricio; Vieito, Joao Paulo (Wiley, 2018)
    Using a sample of 85 Chilean firms listed in the Santiago Stock Exchange from 2005 to 2013, we analyze the impact of corporate diversification on firm value. We consider voting rights of the main shareholder and institutional ...
  • Performance measures in tax administration: Chile as a case study 

    Serra Banfi, Pablo (Wiley, 2005)
    The article proposes a set of tax administration performance measures and contrasts them with measures actually used by the Chilean tax administration agency. The goals assumed for the tax administration agency (TA) are ...
  • Technological innovation for sustainable growth: an ontological perspective 

    Cancino del Castillo, Christian; Paz Lillo, Ariel la; Ramaprasad, Arkalgud; Syn, Thant (Elsevier, 2018)
    Technological innovations are seen as means to optimize the efficient and clean use of vital resources in social-biological-economic systems. However, partial theoretical perspectives and experiences of their effects can ...
  • Financial development, institutional investors, and economic growth 

    Ruiz Vergara, José (Elsevier, 2018)
    This study analyzes the nonlinear relationship between financial development under the presence of institutional investors (assets in insurance companies, mutual funds, and pension funds, as a percentage of GDP) and ...
  • The most influential countries in market orientation: a bibliometric analysis between 1990 and 2016 

    Valenzuela Fernández, Leslier; Merigó Lindahl, José; Nicolas, Carolina (Sage Publications, 2018)
    The purpose of this article is to analyze the most productive and influential countries engaging in market orientation (MO) research between 1990 and 2016. This article shows the general trajectories of these countries, ...
  • Can self regulation work?: a story of corruption, impunity and cover-up 

    Núñez Errázuriz, Javier (Springer, 2007)
    This paper analyzes the reputation-based incentives of a Self-Regulatory Organization (SRO) to detect and expose consumer fraud committed by its members, and the members’ incentives to bribe the SRO in exchange for a ...

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