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This paper uses a randomized controlled experiment in Costa Rica to determine whether internet banking (IB) use by Banco Nacional de Desarrollo`s micro and small enterprise (MSE) clients impacts their performance, measured in terms of productivity, increase in sales, and cost reduction. Results from the intervention group surveys indicate that MSEs` use Internet sparsely in their daily operations because of limited access to computers and the relatively low penetration of Internet services in employees` activities. In addition, firms know little about the uses of the Internet as a business development tool. These results contrast with the benefits reported by a small group of firms. Those benefits include reduced costs, higher sales, and better contact with customers.
This paper estimates the impact of two productive development programs (PDPs) in Costa Rica: PROPYME and CR Provee. The first seeks to increase the capacity of small and medium-sized firms (SMEs) to innovate, and the second aims to increase backward linkages between Costa Rican SMEs and multinational companies operating in the country. The impacts of each program were measured in terms of three re ... (View publication)
This paper documents the relationship between regional financial development and firm growth in the Peruvian manufacturing sector. In order to control for mutual causality between credit availability and firm growth, industry differences in financial dependence on external funds are exploited. The 1994 and 2008 rounds of the National Economic Census are used, permitting analysis at the firm level ... (View publication)
The general objective of the study is to develop a methodology for the preparation of greenhouse-gas abatement curves for the energy demand sector, incorporating the uncertainty associated to the variables involved in estimating the marginal abatement costs. Furthermore, this approach will be applied in a case study to the power generation sector as well as to three other demand sectors in six Lat ... (View publication)
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