Examinando por Autor "Canavire Bacarreza, Gustavo"

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    Ítem
    Labour Supply Effects of Conditional Transfers: Analyzing the Dominican Republic's Solidarity Program
    (Universidad EAFIT, 2013-04-12) Canavire Bacarreza, Gustavo; Vasquez Ruiz, Harold
    This paper studies the impact of the conditional cash transfer program Solidaridad on changes in the labor market of the Dominican Republic based on statistical data from the Evaluation of the Social Security Survey 2010. The estimation methodology is based on matching techniques, which can discern the impact on both benene.t-receiving and non-benefit-receiving households. The results show a negative but very small impact of the different components of the program on labor market indicators, especially for the components related to children. However, the estimates show some heterogeneity in the effects on the most vulnerable sectors of the population.
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    Revisiting the effects of innovation on growth: a threshold analysis
    (Taylor & Francis Online, 2015) Canavire Bacarreza, Gustavo; Aristizabal-Ramirez, M.; Rios-Avila, Fernando.; Escuela de Economía y Finanzas, Universidad EAFIT, Medellin, Colombia, Institute for the Study of Labor IZA, Bonn, Germany; Escuela de Economía y Finanzas, Universidad EAFIT, Medellin, Colombia; Levy Economics Institute of Bard College, Blithewood, Annandale-on-Hudson, NY 12504-5000, USA; Escuela de Economía y Finanzas; Economía; Estudios en Economía y Empresa
    Since Schumpeter’s (1934) seminal work, the existing literature has examined the relationship between innovation and economic growth, arguing for a strictly positive relationship. The recent literature suggests that this relationship might be non-linear. Low levels of innovation will not affect economic growth; yet, when a certain threshold is reached, innovation significantly promotes economic growth. Using panel data information for 147 countries from 2006 to 2012, we employ threshold regressions à la Hansen (1999) to test the hypothesis of a non-linear relationship between innovation and growth. We find evidence that the relationship between innovation and growth is not linear and that only high levels of innovation increase economic growth. The results tend to be stronger when investment and public expenditure are present, suggesting that the quality of institutions is important.