Economía
URI permanente para esta comunidadhttp://54.81.141.168/handle/123456789/175934
e-ISSN: 2304-4306
ECONOMÍA Journal was initially established as the “Revista Economía” of the Department of Economics of the Pontificia Universidad Católica of Peru (PUCP) in 1977. It is the oldest academic journal on economics in the country. Building on that legacy, ECONOMÍA has now been relaunched as an internationally refereed journal dedicated to publishing original academic research on economics in English, with an expanded and prestigious Editorial Board, as well as a large team of Associated Editors that guarantee the highest theoretical and methodological standards.
ECONOMÍA also offers a manuscript management platform that provides an eficient workflow among authors, associate editors and referees throughout the process of manuscript submission and evaluation. In this new stage, ECONOMÍA aspires to continue leading the progress of academic literature in the country as well as position itself in a prominent place in the Latin American region.
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Ítem Texto completo enlazado International Remittances and the Labour Market in Peru(Pontificia Universidad Católica del Perú, 2023-11-28) Nuñez, Roy; Arceo-Gomez, Eva OlimpiaInternational remittances are a relevant source of income in developing countries, with important implications for the labour market of recipient countries. Peruvian international migration is a particular case of Latin America, since it tends to be concentrated in middle-and high-income households and in highly educated people, who display particular preferences in relation to the labour market. Using data from 2004 to 2019, we analysed the impact of remittances on employment, hours worked, and wages of Peruvian workers. Our results show that remittances reduce labour participation by 9.8 percentage points (pp). On average, the effect is greater among dependent workers than self-employed workers (-7.5 pp versus -3 pp). Similarly, we observed an increase in hourly income in both types of work (10.1% and 65%, respectively). In this sense, the Peruvian case offers a new perspective on the effect of remittances on the labour market, where despite having most of its labour force in informal jobs and self-employment, it does not encourage employment in those sectors, as occurred in previous studies.Ítem Texto completo enlazado The effect of financial education on college students’ knowledge and skills(Pontificia Universidad Católica del Perú, 2023-12-29) Galarza Arellano, Francisco B.There is a growing literature on the importance of adults’ financial education, especially in developed countries. The literature is less abundant when it comes to assessing the effect of financial education programs on the individuals’ financial knowledge and behavior, particularly in developing countries. This article evaluates the effect of Gestionando mis finanzas (GMF) on the financial knowledge and skills of college students in Peru. With a duration of one month, this virtual course of basic financial education was very effective in increasing the financial knowledge of the students. In addition to an increase by 0.96 standard deviations in the financial knowledge score, GMF had considerable effects on the self-perception of financial knowledge and mathematical skills, as well as on savings behavior. The effects on other aspects of financial behavior, such as price comparison before purchasing, price bargaining, and budgeting, were modest. I did not find any differential effect by sex, but I did observe a greater financial learning in students from higher socioeconomic levels.Ítem Texto completo enlazado Where Are the Poor Located? A Spatial Heterogeneity Analysis of Monetary Poverty in Peru(Pontificia Universidad Católica del Perú, 2021-05-06) Palomino, Juan; Sánchez, ThyaraMeasuring poverty is a first step to the design of effective public policies, however, it is also essential to know where the poor are located. The main objective of this research is to evaluate the spatial heterogeneity of the factors that influence monetary poverty for each district in Peru. We apply a Geographically Weighted Regression (GWR) approach, which allows us to capture the non-stationarity of the hidden data and to provide coefficients for each district, unlike the OLS model. This research mainly uses the Poverty Map and the Population and Household Census of Peru, both from 2007 and 2017. The overriding findings of our results indicate that female headship, secondary education, electricity, and sanitation services are directly associated with poverty reduction at the local level. For 2007, significant effects are mainly concentrated in the districts of Pasco, Lima and Cajamarca regions. For 2017, the results show a shift towards districts of Junín, Huancavelica, and Cajamarca regions. Likewise, it is highlighted that the highest mean negative effect on poverty is generated by Secondary Education in the GWR estimates; while malnutrition represents the highest mean positive effect on poverty for the level and intercensal models. Finally, the empirical evidence found in this research can help establish better policy designs at the district level.Ítem Texto completo enlazado Do preferential trade agreements favor the liberalization of trade with non-members? The case of the Andean Community(Pontificia Universidad Católica del Perú, 2021-12-15) Castillo Thorne, Lakshmi IsabelThe theoretical literature has not reached a consensus on the effect of PTAs on multilateral liberalization. Empirical studies on this topic have been limited and, like theoretical studies, their results vary. The objective of this study is to find the effect of the Andean Community of Nations on the multilateral liberalization of Peru, by analyzing the variations in the Most Favored Nation (MFN) tariffs applied to non-members as a consequence of the preferential tariff reductions applied by Peru to the members of this PTA. The units of analysis are the tariff lines disaggregated to 6 digits of the Harmonized System for the period 1992-2010. Results show that, for the entire study period, the Andean Community generated a building block. We divided the sample into two sub-periods: 1992-2001 and 2002-2010. For the first period the results show a building block effect; however, for the second half the results changed, and a stumbling block is found. Other variables are also added to observe their effects on changes in external tariffs, such as preferential imports, which, when they present a sizeable preferential margin, cause a reduction in MFN tariffs for the entire sample. Based on these results, we found that the Andean Community did not represent an impediment to multilateral liberalization in Peru.Ítem Texto completo enlazado Total Factor Productivity in the Manufacturing Sector of Peru: 2002-2007(Pontificia Universidad Católica del Perú. Fondo Editorial, 2012-12-20) Tello, Mario D.Based upon manufacturing sector data, this paper estimates the total factor productivity (TFP) for this sector with parametric and modern methods for the 2002-2007 period. Subject to data limitations and methods used, the estimations indicate that the TFP growth rate for a representative sample of up to 578 firms was low in the period analysed, without having contributed to the growth of manufacturing firms’ real production value. In addition, the TFP growth rate was greater for large firms (more than 100 employees) than for medium and small firms (less than 21 employees). In terms of industrial sectors, TFP growth rates were higher for primary processing and technology-intensive industries than for traditional industries (such as textiles, clothing and footwear), and the foodstuffs, tobacco, and beverages sectors. Lastly, though capital, employmentand installed capacity growth may explain the growth of manufacturing real output value for the period 2002-2007, the absence of TFP growth may jeopardize the sustainability of such a growth in the medium and long run.Ítem Texto completo enlazado Total Factor Productivity Estimation in Peru: Primal and Dual Approaches(Pontificia Universidad Católica del Perú. Fondo Editorial, 2014-08-25) Céspedes, Nikita; Ramírez-Rondán, NelsonIn this paper we estimate total factor productivity (TFP) growth for the Peruvian economy usingthe primal and dual methods for the period 2003-2012. According to the primal method, a procedure that uses the Solow residual as an indicator of productivity, TFP grew at an average annual rate of 1.6%, adjusted for the quality and usage of the factors of production. According to the dual method, a procedure that considers estimations of the marginal productivities of the factors of production, TFP grew at an annual rate of 1.7%.Ítem Texto completo enlazado Development of Regional Economics Studies in Peru: Contributions and Criticisms(Pontificia Universidad Católica del Perú. Fondo Editorial, 2020-08-11) Palomino, JuanThis research presents an overview of the evolution of regional economic studies in Peru. After a brief introduction, the document presents a summary of the different conceptions of space in Regional Economics through time. In addition, the document shows the origins of Regional Economics, as well as the factors that explain the interest in the development of regional studies in the Latin American context. This document also explains the importance of the geographical space of Peru for regional research. Indeed, the country is the perfect setting because Peru has a wide geographic diversity (ecosystems, microclimates) throughout its territory, it has implemented a variety of public policies to propose economic growth measures, and it has many social issues to propose territorial policies (migration, crime, health, employment, among others). Despite these characteristics, regional research in Peru is relatively less than in other Latin American countries. Finally, the document offers the contributions and criticisms of the regional studies in the Peruvian context.Ítem Texto completo enlazado Las características del adulto mayor peruano y las políticas de protección social(Pontificia Universidad Católica del Perú. Fondo Editorial, 2014) Olivera, Javier; Clausen, JhonatanEl presente documento busca, en primer lugar, realizar una caracterización de las condiciones socioeconómicas de la población de adultos mayores en el Perú con énfasis en la situación de pobreza y desprotección social de este segmento de población. El análisis de la Encueta Nacionalde Hogares (Enaho) 2011 revela que la mayor cantidad de personas mayores de 65 años que se encuentran en situación de extrema pobreza residen en la sierra rural. Del mismo modo, se observa que únicamente el 1% de adultos mayores pobres extremos tienen acceso a algún tipo de pensión; y que la mayor proporción adultos mayores en situación de pobreza extrema viven en hogares de 1 o 2 miembros, lo cual acentúa su vulnerabilidad. En segundo lugar, se realiza una revisión de las principales intervenciones de política orientadas a los adultos mayores en Perú, incluyendo políticasde gran escala como la pensión social Pensión 65 e intervenciones más acotadas relacionadas al bienestar general y derechos de los adultos mayores. Finalmente, revisamos la literatura y políticas dirigidas al adulto mayor de otros países y mostramos algunas evidencias se sus impactos, lo cual puede ser útil para proponer nuevos programas dirigidos a los adultos mayores en Perú.Ítem Texto completo enlazado Patentes de invención, nuevas tecnologías y la apropiación privada del conocimiento público(Pontificia Universidad Católica del Perú. Fondo Editorial, 2005) Gelles, Jan-DavidIn this working paper an examination is made of the logical balance of the deductive argument that commonly appears in various economic texts to justify a system of patents of invention. The examination mentioned should be applied in times of radical technological change in the world to avoid a priori extensions of the legal and institutional protection provided by a system of patents of invention based on past technological realities. The result of the examination shows partial lack of balance when proper account is taken of the financial expenses and coordination efforts by governments as well as of the free distribution of useful knowledge in the fields of biotechnology and the Internet. To refer to that non-legitimate appropriation of public knowledge by the private sector the term ‘epistemo-piracy’ is coined by analogy with ‘bio-piracy’ of common use. The fields of biotechnology and the Internet were chosen because they are preponderant to explain the rise in the number of patents of invention in the world.Ítem Texto completo enlazado Inflación, y retroalimentación inflacionaria(Pontificia Universidad Católica del Perú. Fondo Editorial, 1980) Beckerman, Paulno presenta resumen
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