Simulation estimation in the context of panel data, limited dependent-variable (LDV) models poses formidable problems that are not present in the crosssection case. Nevertheless, a number of practical simulation estimation methods have been proposed and implemented for panel data LDV models....

En el presente trabajo se estudian los impactos de un cambio institucional como la reforma laboral del 2002 sobre la demanda laboral colombiana, con base en datos panel suministrados por la Encuesta Anual Manufacturera desagregada a cuatro dígitos CIUU para el periodo 2001-2006 y de acuerdo a...

In this paper I report on work that has aimed at measuring and understanding the sources of productivity differences among firms and their changes over time. These issues have been investigated at the micro level, which is the decision-making level. The relationship between inputs and the...

This paper estimates the influence of the service sector’s liberalization on service flows in transition economies and on productivity of the Russian industry that uses these services as intermediate consumption. Empirical analysis of the international statistics shows that service trade...

Many empirical studies have tried to analyse the causal relations between economic growth and environmental degradation by using the Environmental Kuznets Curve (EKC). Despite the huge diffusion of EKC studies, this model has been criticised for incompleteness in a sustainable development...

Does financial health shore up firm productivity? This paper empirically investigates this question and presents productivity as another driving factor in translating financial development into real economic progress. Our empirical framework employs Levinsohn and Petrin’s (2003)...

Stability and change are essential elements of social reality and economic progress. Cross-sectional surveys are a means of providing information on specific issues at a particular point in time, though without providing any information about the prevailing stability. Limited information on...