Frank R. Lichtenberg assessed the impact that pharmaceutical innovation had on cancer mortality in Mexico during the period 2003–2013, by investigating whether there were larger declines in the age-standardized mortality rate of cancer sites (breast, lung, colon, etc.) that were subject to more pharmaceutical innovation, controlling for changes in the age-standardized cancer incidence rate. The
This paper uses different approaches to determine the contribution of internal policies and external factors on the good performance of the Bolivian economy in the recent past. It is demonstrated that the extremely favorable external conditions are mainly responsible for its bonanza, and that the domestic policies have, probably, caused more harm, than good. The
An analysis of economic incentives to encourage organ donation: evidence from Chile | Latin American Economic Review
Marcela Parada-Contzen & Felipe Vásquez-Lavín perform a cost–benefit analysis on the introduction of monetary incentives for living kidney donations by estimating the compensation that would make an individual indifferent between donating and not donating a kidney while alive using Chilean data. We find that monetary incentives of US$12,000 save US$38,000 to health care system per donor and
The impact of competition with China in the US market on innovation in Mexican manufacturing firms | Latin American Economic Review
Using data from 6378 Mexican firms for the 2012–2013 period, this paper estimates the effect of competition with China for the US market on the innovation efforts of the Mexican manufacturing sector. After controlling for the influence of several variables, we find a U-curve shaped relationship between foreign competition (measured by the China effect) and
The delimitation of functional spatial units or functional territories is an important topic in regional science and economic geography, since the empirical verification of many causal relationships is affected by the size and shape of these areas. This paper, written by Julio A. Berdegué, Tatiana Hiller, Juan Mauricio Ramírez, Santiago Satizábal, Isidro Soloaga, Juan Soto, Miguel Uribe & Olga Vargas , proposes a two-step
Pass-through and competition: the impact of soft drink taxes as seen through Mexican supermarkets | Latin American Economic Review
In January 2014, Mexico addressed its epidemic of obesity by implementing an excise tax of 1 peso (1 MXN) per liter on soft drinks. This study evaluates the pass-through of the tax, the influence on the tax of competition among different stores, and the after-tax price dispersion. Using an unbalanced panel of weekly prices for
Time goes by so slowly (for those who wait): a field experiment in health care | Latin American Economic Review
Sofía Garrido & Emilio Gutiérrez exploit a unique field experiment to recover the willingness to pay (WTP) for shorter waiting times at a cataract detection clinic in Mexico City, and compare the results with those obtained through a hypothetical dichotomous choice questionnaire. The WTP to avoid a minute of wait obtained from the field experiment ranges from 0.59
The dynamic linkage between renewable energy, tourism, CO2 emissions, economic growth, foreign direct investment, and trade | Latin American Economic Review
Because of the lack of econometric studies in relevance to the link between tourism and renewable energy, the goal of this study written by Mehdi Ben Jebli, Slim Ben Youssef & Nicholas Apergis, is to remedy this lack and to explore the causal relationships between renewable energy consumption, the number of tourist arrivals, the trade openness ratio, economic growth,
A dynamic factor model for the Mexican economy: are common trends useful when predicting economic activity?
In this paper Francisco Corona, Graciela González-Farías and Pedro Orraca propose to use the common trends of the Mexican economy in order to predict economic activity one and two steps ahead. We exploit the cointegration properties of the macroeconomic time series, such that, when the series are I(1) and cointegrated, there is a factor representation, where
Games that appear to be independent, involving none of the same players, may be related by emotions of reciprocity between the members of the same groups. In the real world, individuals are members of groups and want to reward or punish those groups whose members have been kind or unkind to members of their own.