Centro de Investigaciones Económicas - CINVE

Publications
  • Innovation and Productivity in Services and Manufacturing: The Role of ICT Investment

    07/2015

    Diego Aboal and Ezequiel Tacsir-CINVE Abstract Several studies have highlighted ICT as a driver of firm productivity in developed countries. However, the evidence about the impacts of ICT on services and manufacturing and particularly for developing countries is scarce. This paper focuses on understanding the determinants of investments in ICT at firm level and how this adoption ultimately affects innovation and productivity of Uruguayan services firms vis a vis manufacturing. Results show that ICT investments are more subject to economies of scale than other types of investments, are important for…

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  • Does Innovation Destroy Employment in the Services Sector? Evidence from a Developing Country

    06/2015

    Diego Aboal, Paula Garda, Bibiana Lanzilotta y Marcelo Perera Abstract The employment effect of innovation in the heterogeneous universe of services is investigated using firm-level data provided by the 2004–9 Uruguayan services innovation surveys. The empirical analysis shows that the effect of product innovation on employment is positive, while process innovation appears to have no effect. Process innovation activities tend to replace low-skilled jobs with jobs of a higher level of qualification. Product innovation allows for efficiency gains in the production of new services with unskilled labor, and no gains…

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  • Nitrous oxide emission reductions from cutting excessive nitrogen fertilizer applications

    06/2015

    Authors Francisco Rosas Bruce A. Babcock Dermot J. Hayes Author Affiliations 1. Universidad ORT Uruguay and Centro de Investigaciones Económicas (CINVE), Montevideo, Uruguay 2. Department of Economics, Iowa State University, USA 3. Department of Economics, Iowa State University, USA Abstract Farmers may choose to apply nitrogen fertilizer at a rate that exceeds the average ex post agronomically optimal rate when the yield response to nitrogen varies across growing seasons. Negative environmental consequences such as nitrous oxide (N2O) emissions and/or water pollution can result when all the applied nitrogen is not…

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  • A nonlinear approach to the tourism-led growth hypothesis: the case of the MERCOSUR

    Juan Gabriel Brida, Bibiana Lanzilotta, Juan Sebastián Pereyra y Fiorella Pizzolon

    05/2015

    Abstract This paper analyses the tourism-led growth hypothesis for the four countries of the MERCOSUR regional trade block. By applying nonlinear techniques, we explore whether tourism activity leads – in the long run – to economic growth, or, alternatively, economic expansion drives tourism growth, or indeed a bidirectional relationship exists between the two variables. To this end, non-parametric cointegration and causality tests are applied to quarterly data for the period 1990–2011. We show the existence of a cointegrated relationship between real per capita gross domestic product and tourism expenditure for…

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  • A nonlinear approach to the tourism-led growth hypothesis: the case of the MERCOSUR

    10/2014

    Abstract This paper analyses the tourism-led growth hypothesis for the four countries of the MERCOSUR regional trade block. By applying nonlinear techniques, we explore whether tourism activity leads – in the long run – to economic growth, or, alternatively, economic expansion drives tourism growth, or indeed a bidirectional relationship exists between the two variables. To this end, non-parametric cointegration and causality tests are applied to quarterly data for the period 1990–2011. We show the existence of a cointegrated relationship between real per capita gross domestic product and tourism expenditure for…

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  • Expectations and industrial output in Uruguay: Sectoral interdependence and common trends

    10/2014

    ABSTRACT This paper examines the interdependence between expectations and growth by analysing Uruguayan manufacturing industry, divided for the purpose into four industry groupings differentiated by trade participation and production specialization. The study shows that there is a long-run relationship between industrialists’ expectations and output growth in each grouping. In the most trade-oriented groupings the relationship is one of predetermination, showing how useful expectations are as a guide to sectoral growth. Expectations in the four industrial groupings are shown to follow a common long-run trend, identified with the one guiding the…

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