Resumen El estudio retrata la dinámica de las desigualdades en Chile (1990-2016) desde la perspectiva de sus regiones. Se construye una amplia base de datos con distintas medidas de desigualdad del ingreso. Se devela gran heterogeneidad entre las regiones chilenas. Se observa que las regiones más desiguales, son igualmente aquellas con menor PIB per cápita…
Abstract Purpose: The main purpose of this study is to analyze how factors such as innovation, entrepreneurial spirit and motivation, as well as various economic and environmental factors, affect the creation of born-global (BG) companies. Design/methodology/approach: The research model was tested through logistic regression techniques to a sample obtained from the Global Entrepreneurship Monitor data set for…
Abstract In this paper, we elaborate an open economy Phillips curve (OEPC) with micro-founded analysis, in which external competition significantly impacts the domestic inflation rate. This influence is transmitted through two channels: a) the gap between the current and potential growth of imports, and b) real exchange-rate misalignment. We estimate this OEPC by applying two…
Abstract This study analyzes the relationships between domestic and foreign output gaps, current-account imbalances, and real effective exchange-rate (REER) misalignments. We first set up a theoretical framework based on the elasticities and absorption approaches of the balance of payments to derive and clarify these relationships. Next, we perform panel VAR estimates in a sample of…
This paper examines how some key features of an entrepreneur lead early-stage firms (ESF) to become born globals (BG). Specifically, it focuses on human capital, the scope and novelty of the product and the opportunities of the business environment in the early stages of a firm. It contributes to the literature by focusing on some…
Research Summary: This paper examines the effect of key cultural and economic factors on the emergence of born-global (BG) companies. Such factors include the intentions and the growth aspirations of the entrepreneur, as well as the country’s characteristics in terms of its income per capita and the complexity of its economic system. The analysis also highlights…
Based on the theory of constructive consumer choice process, we propose that the rural accommodation choice process depends on motivations of tourists to go to the country. Discrete choice models have frequently been used to explain and predict choices from a set of finite alternatives, such as the choice of accommodation, but using only cognitive…
En el presente trabajo demostramos que la Argentina de la belle époque fue, de forma persistente, un país regionalmente desigual en términos de capital humano. Aunque la distribución de los maestros y de las tasas de enrolamiento mejoran significativamente entre 1883 y 1914, la distribución de las tasas de alfabetización no mejora a la par….
This paper aims to explore an overlooked aspect in the literature of comparative economic history between Argentina, Australia and Canada: human capital. By comparing these countries in the years of the First Globalization, it analyzes the stocks of human capital that Argentina had during the late nineteenth century and the first part of the twentieth,…
Purpose – This study aims to identify structural breaks in the current account and the periods between these breaks, which the authors name stability spells, and study their characteristics and determinants. Design/methodology/approach – Using data from the IMF and the World Bank, this study applies the Lee and Strazicich test to endogenously identify breaks and the Heckman…
