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Browsing Documentos de Trabajo by Author "Campos-Rodríguez, Santiago"
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- Labor Demand Dynamics in Costa RicaThis paper studies the determinants of the labor demand in Costa Rica through firm level data. It also characterizes formal employment during the last 15 years through a set of stylized facts. The results suggest that: (i) the neoclassical theory of employment holds, (ii) wages are a stronger determinant for labor demand in the manufacturing and construction industries, (iii) employment is more persistent in larger firms, (iv) larger and more technological industries adjust their headcount more heavily to changes in wages and revenue and (v) Costa Rican labor demand is more sensitive to changes in wages but less to changes in production than similar economies.
- Regionalización de la matriz insumo-producto costarricenseInput-output matrices are economic analysis tools used to characterize production and, based on this, develop simulation models of the effects of public policy implementations or shocks in the economy. Despite this and because of how they are constructed, these tools do not allow the study of interregional trade within the country. This document describes the main aspects of the regionalization process of the 2017 national input-product matrix available by the Central Bank of Costa Rica (BCCR) by canton, and uses information from its Registro de variables económicas. We show statistics included from the production and trade network and an application of a bilateral cantonal trade model. Finally, an application of the cantonal input-output matrix is shown by analyzing the impact of the COVID-2019 pandemic and its impact on cantons and economic activities.