首页 > 最新文献

Revista Economia最新文献

英文 中文
Industrial Policies vs Public Goods under Asymmetric Information 信息不对称下的产业政策与公共产品
Pub Date : 2023-08-23 DOI: 10.18800/economia.202301.003
Constantino Hevia, Norman Loayza, Claudia Maria Meza Cuadra
This paper presents an analytical framework that captures the informational problems and tradeoffs that policy makers face when choosing between public goods (e.g., infrastructure) and industrial policies (e.g., firm or sector-specific subsidies). The paper first provides a discussion of the literature on industrial policies. It then presents an illustrative model, where the economy consists of a set of firms that vary by productivity and a government that can support firms through general or targeted expenditures. The paper examines the cases of full and asymmetric information on firm productivity. Working under full information, it describes the first-best allocation of government resources among firms according to their productivity. It then introduces uncertainty by restricting information regarding firm productivity to be private to the firm. The paper develops an optimal contract (which replicates the first-best) consisting of a tax-based mechanism that induces firms to reveal their true productivity. As this requires high government capacity, the paper considers other simpler policies, one of which is the provision of public goods to all firms. The paper concludes that providing public goods is likely to dominate industrial policies under most scenarios, especially when government capacity is low.
本文提出了一个分析框架,捕捉决策者在公共产品(如基础设施)和产业政策(如企业或特定部门补贴)之间进行选择时所面临的信息问题和权衡。本文首先对产业政策的相关文献进行了讨论。然后,它提出了一个说明性的模型,在这个模型中,经济由一系列因生产率而变化的企业和一个可以通过一般或有针对性的支出来支持企业的政府组成。本文考察了充分信息和不对称信息对企业生产率的影响。在完全信息条件下,它描述了政府资源在企业之间根据生产率的最佳配置。然后,它通过限制有关企业生产率的信息为企业私有而引入了不确定性。本文发展了一个最优契约(它复制了最优契约),包括一个以税收为基础的机制,促使企业披露其真实生产率。由于这需要较高的政府能力,本文考虑了其他更简单的政策,其中之一是向所有企业提供公共产品。本文的结论是,在大多数情况下,特别是在政府能力较低的情况下,提供公共产品可能主导产业政策。
{"title":"Industrial Policies vs Public Goods under Asymmetric Information","authors":"Constantino Hevia, Norman Loayza, Claudia Maria Meza Cuadra","doi":"10.18800/economia.202301.003","DOIUrl":"https://doi.org/10.18800/economia.202301.003","url":null,"abstract":"This paper presents an analytical framework that captures the informational problems and tradeoffs that policy makers face when choosing between public goods (e.g., infrastructure) and industrial policies (e.g., firm or sector-specific subsidies). The paper first provides a discussion of the literature on industrial policies. It then presents an illustrative model, where the economy consists of a set of firms that vary by productivity and a government that can support firms through general or targeted expenditures. The paper examines the cases of full and asymmetric information on firm productivity. Working under full information, it describes the first-best allocation of government resources among firms according to their productivity. It then introduces uncertainty by restricting information regarding firm productivity to be private to the firm. The paper develops an optimal contract (which replicates the first-best) consisting of a tax-based mechanism that induces firms to reveal their true productivity. As this requires high government capacity, the paper considers other simpler policies, one of which is the provision of public goods to all firms. The paper concludes that providing public goods is likely to dominate industrial policies under most scenarios, especially when government capacity is low.","PeriodicalId":43130,"journal":{"name":"Revista Economia","volume":null,"pages":null},"PeriodicalIF":0.0,"publicationDate":"2023-08-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135520268","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Age at first marriage, education and divorce: the case of the U.S.A.. 初婚年龄、教育程度和离婚:以美国为例
IF 0.3 Pub Date : 1991-01-01
P T Perreira

"This paper presents an analysis of the determinants of the age of marriage and the probability of divorce among women in the United States." The author hypothesizes that the possibility of divorce enters into women's decision to marry. "As expected, empirical results indicate that in the United States, where it is easier to obtain divorce, women tend to marry earlier. Furthermore, Catholic women tend to marry later....Results seem to indicate the age at marriage and education should not be considered to be exogenous in the study of the probability of divorce. Another important result is that women who marry earlier...show a lower probability of divorce...."

这篇论文分析了美国女性结婚年龄和离婚概率的决定因素。作者假设离婚的可能性会影响到女性结婚的决定。“正如预期的那样,实证结果表明,在美国,离婚更容易,女性往往更早结婚。此外,天主教妇女往往结婚较晚....结果似乎表明,在研究离婚可能性时,结婚年龄和受教育程度不应被视为外生因素。另一个重要的结果是,结婚较早的女性……离婚的可能性更低....”
{"title":"Age at first marriage, education and divorce: the case of the U.S.A..","authors":"P T Perreira","doi":"","DOIUrl":"","url":null,"abstract":"<p><p>\"This paper presents an analysis of the determinants of the age of marriage and the probability of divorce among women in the United States.\" The author hypothesizes that the possibility of divorce enters into women's decision to marry. \"As expected, empirical results indicate that in the United States, where it is easier to obtain divorce, women tend to marry earlier. Furthermore, Catholic women tend to marry later....Results seem to indicate the age at marriage and education should not be considered to be exogenous in the study of the probability of divorce. Another important result is that women who marry earlier...show a lower probability of divorce....\"</p>","PeriodicalId":43130,"journal":{"name":"Revista Economia","volume":null,"pages":null},"PeriodicalIF":0.3,"publicationDate":"1991-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"22027618","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
[Urban employment and internal migration in Peru]. [秘鲁的城市就业和国内移徙]。
IF 0.3 Pub Date : 1984-06-01
D Cotlear
{"title":"[Urban employment and internal migration in Peru].","authors":"D Cotlear","doi":"","DOIUrl":"","url":null,"abstract":"","PeriodicalId":43130,"journal":{"name":"Revista Economia","volume":null,"pages":null},"PeriodicalIF":0.3,"publicationDate":"1984-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"22025582","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
[Some insights on the influence of socioeconomic factors on migratory movements]. [关于社会经济因素对移民运动影响的一些见解]。
IF 0.3 Pub Date : 1981-01-01
J Gordillo
{"title":"[Some insights on the influence of socioeconomic factors on migratory movements].","authors":"J Gordillo","doi":"","DOIUrl":"","url":null,"abstract":"","PeriodicalId":43130,"journal":{"name":"Revista Economia","volume":null,"pages":null},"PeriodicalIF":0.3,"publicationDate":"1981-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"22035177","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
期刊
Revista Economia
全部 Acc. Chem. Res. ACS Applied Bio Materials ACS Appl. Electron. Mater. ACS Appl. Energy Mater. ACS Appl. Mater. Interfaces ACS Appl. Nano Mater. ACS Appl. Polym. Mater. ACS BIOMATER-SCI ENG ACS Catal. ACS Cent. Sci. ACS Chem. Biol. ACS Chemical Health & Safety ACS Chem. Neurosci. ACS Comb. Sci. ACS Earth Space Chem. ACS Energy Lett. ACS Infect. Dis. ACS Macro Lett. ACS Mater. Lett. ACS Med. Chem. Lett. ACS Nano ACS Omega ACS Photonics ACS Sens. ACS Sustainable Chem. Eng. ACS Synth. Biol. Anal. Chem. BIOCHEMISTRY-US Bioconjugate Chem. BIOMACROMOLECULES Chem. Res. Toxicol. Chem. Rev. Chem. Mater. CRYST GROWTH DES ENERG FUEL Environ. Sci. Technol. Environ. Sci. Technol. Lett. Eur. J. Inorg. Chem. IND ENG CHEM RES Inorg. Chem. J. Agric. Food. Chem. J. Chem. Eng. Data J. Chem. Educ. J. Chem. Inf. Model. J. Chem. Theory Comput. J. Med. Chem. J. Nat. Prod. J PROTEOME RES J. Am. Chem. Soc. LANGMUIR MACROMOLECULES Mol. Pharmaceutics Nano Lett. Org. Lett. ORG PROCESS RES DEV ORGANOMETALLICS J. Org. Chem. J. Phys. Chem. J. Phys. Chem. A J. Phys. Chem. B J. Phys. Chem. C J. Phys. Chem. Lett. Analyst Anal. Methods Biomater. Sci. Catal. Sci. Technol. Chem. Commun. Chem. Soc. Rev. CHEM EDUC RES PRACT CRYSTENGCOMM Dalton Trans. Energy Environ. Sci. ENVIRON SCI-NANO ENVIRON SCI-PROC IMP ENVIRON SCI-WAT RES Faraday Discuss. Food Funct. Green Chem. Inorg. Chem. Front. Integr. Biol. J. Anal. At. Spectrom. J. Mater. Chem. A J. Mater. Chem. B J. Mater. Chem. C Lab Chip Mater. Chem. Front. Mater. Horiz. MEDCHEMCOMM Metallomics Mol. Biosyst. Mol. Syst. Des. Eng. Nanoscale Nanoscale Horiz. Nat. Prod. Rep. New J. Chem. Org. Biomol. Chem. Org. Chem. Front. PHOTOCH PHOTOBIO SCI PCCP Polym. Chem.
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
0
微信
客服QQ
Book学术公众号 扫码关注我们
反馈
×
意见反馈
请填写您的意见或建议
请填写您的手机或邮箱
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
现在去查看 取消
×
提示
确定
Book学术官方微信
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术
文献互助 智能选刊 最新文献 互助须知 联系我们:info@booksci.cn
Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。
Copyright © 2023 Book学术 All rights reserved.
ghs 京公网安备 11010802042870号 京ICP备2023020795号-1