Books

Book - Link (Spanish) - 2024

The relationship between infrastructure and economic growth has been intensely studied since the 1990s without a clear consensus on its long-term impact. Recent literature suggests a positive effect, although there is considerable variability due to differences in the type of infrastructure analyzed, their measurement, and the control variables. This book analyzes five Latin American countries to estimate the impact of infrastructure on economic growth in both physical and monetary terms. The results show a positive and significant impact of infrastructure investment on growth, taking into account possible endogeneities and econometric challenges. Additionally, the book addresses topics such as the definition of infrastructure, measurement issues, green infrastructure, its relationship with inequality, and the resilience of critical infrastructures.

Book - Link (English) - 2018

Index numbers are an essential tool for synthesizing economic data, enabling the measurement of variables like a country’s economic growth or inflation rate, and facilitating international comparisons. Using different formulas can yield varied results, making comparisons invalid; thus, understanding these formulas is crucial. Harmonization and standardization of measurements by countries and international organizations are necessary. Although often linked to macroeconomics, the theoretical foundation of index numbers lies in microeconomics. Manuals from agencies like the UN, IMF, World Bank, ILO, Eurostat, and OECD disseminate recommended practices and microeconomic theory. This publication explores the relationship between price and volume indices and microeconomic theory, presenting recommended formulas for international comparisons.

Book - Link (Spanish) - 2014

This book, which was prepared to commemorate the 50th anniversary of the Latin American Institute for Economic and Social Planning (ILPES), introduces economic development themes related to planning, foresight, and public management.