Centro de Investigaciones Económicas - CINVE

  • The role of asset specificity in financing choice in the agrifood sector


    Mondelli, M. and P. Klein. Revista de Economia e Administração – 2013 vol. 12 – n° 2 (Abstract)

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  • “Lessons from the 2008 Financial Crisis: Policy Responses to External Shocks in Uruguay”


    The Developing Economies Volume 51, Issue 3 p. 233–331. 2013Carmen Estrades y Cecilia Llambí Abstract The 2008 global crisis affected the Uruguayan economy through two main channels: collapse in global trade and drop in capital flows. As a reaction to the crisis, the Uruguayan government adopted a countercyclical policy, increasing public consumption and investment and expanding social benefits to unemployed workers. In this paper, we apply a static computable general equilibrium model (CGE) linked to a microsimulation model to analyze how effective were the policy responses to prevent or soften…

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  • Claves y tenc


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  • Innovation and Productivity in the Service Sector in Latin America and the Caribbean Countries


    Objective: The main focus of this research is to increase understanding of innovation and productivity in market services at the firm level, with a special focus on the role of public policy. Specific Objectives (1) To generate new knowledge and to increase understanding of the main determinants of productivity and innovation in services in LAC, identifying the main market failures that hinder productivity growth and innovation in services and the extent to which each one of them can be addressed with specific policies; (2) To support public policy design suitable…

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  • The Costs of Crime and Violence in Uruguay

    Diego Aboal, Jorge Campanella, Bibiana Lanzilotta


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  • Technological and Non-technological Innovation and Productivity in Services vis a vis Manufacturing in Uruguay

    Diego Aboal y Paula Garda


    In this paper, the links between the investment in innovation activities, innovation outputs (technological and non-technological innovation), and productivity in services and manufacturing are explored using innovation survey data from Uruguay. This is the first attempt to study these links for a developing country. The size of firms, their cooperation on R&D activities, the use of public financial support, patent protection, and the use of market sources of information, are the variables that are more consistently associated with the decision to invest in innovation activities across sectors. The main determinants of technological and non-technological innovations are the…

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