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This, the first book in the Global Development Network series, brings together the views of researchers from the developing and developed world and provides models of successful research conducted in developing and transition countries.
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This paper studies the impact of trade liberalization on labor and capital gross flows and productivity in the Uruguayan Manufacturing Sector. Higher international exposure implied a slightly higher job creation, an important increase in job and capital destruction, and an increase in...
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Using a panel of Uruguayan manufacturing firms we analyze the adjustment process in capital, blue collar, and white collar employment. Adjustment functions are defined with respect to the gap between optimal and actual factor use. Our results confirm the asymmetric nature of factor adjustment,...
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This article analyses a labour supply model in which individuals maximize a utility function that depends on leisure time, consumption and time devoted to an activity that is termed ‘artistic’. This activity may generate income that depends nonlinearly on hours dedicated to it. The...
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"The authors use a panel of manufacturing firms to analyze the adjustment process in capital blue collar and white collar employment in Uruguay during a period of trade liberalization when average tariff protection fell from 43 to 14 percent. They calculate the desired factor levels arising from...
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Purpose – The economic performance of Uruguay in the last 50 years has been disappointing. Annual growth in labor productivity has been lower than the rest of the Latin American economies and well below that East Asian and OECD countries. Out of the 0.9 percent of annual growth in...
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