Working Papers

URI permanente para esta comunidadhttp://54.81.141.168/handle/123456789/141904

Buscamos profundizar y explorar los conocimientos en las áreas y temas relevantes en los negocios discutidos internacionalmente. Nuestra investigación está dirigida para profesionales y stakeholders de todas las industrias e investigadores que busquen fuentes de información en los temas de investigación relevantes e innovadores en los negocios.

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20122

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Autorsearch.filters.applied.operator.equals: search.filters.author.Zegarra Basurco, Luis Felipe

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Mostrando 1 - 2 de 2
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    ÍtemAcceso Abierto
    Transportation Costs and the Social Savings of Railroads in Latin America. The Case of Peru
    (CENTRUM Publishing, 2012) Zegarra Basurco, Luis Felipe
    This article estimates the social savings of the railroads in Peru in the late 19th and early 20th centuries. The construction of railroads made it possible for Peruvians to substitute the traditional system of mules and llamas, although only for a few routes. Using primary and secondary sources, I estimate the social savings for 1890, 1904, 1914 and 1918. Social savings ranged between 0.4% and 1.4% of GDP in 1890, but then increased to a range between 3.7% and 9.5% of GDP in 1918. The social savings of railroads in Peru were comparable to those for the United States and Great Britain, but were much lower than those for Mexico, Brazil and Argentina.
  • Miniatura
    ÍtemAcceso Abierto
    Free Banking and Bank Entry in Latin America
    (CENTRUM Publishing, 2012) Zegarra Basurco, Luis Felipe
    This article analyzes the impact of free-banking on the banking sector in Latin America in the 19th and early 20th centuries. I use data for seven countries to compare the entry of banks and the growth of bank output prior and after the enactment of free-banking laws to determine whether free-banking (by establishing general requirements for granting note-issuance rights) lowered barriers to entry. The results show that in most Latin American countries the adoption of free-banking laws did not cause in the short run an increase in bank entry and in bank output growth.