Latin American Research Network Registration Form Understanding Productivity Levels, Dispersion and Growth in Latin American and Caribbean Industries 1. Name of institution: Universidad ORT Uruguay – dECON, FCS Universidad de la República 2. Research Team: Project Director: Nestor Gandelman Researcher 1: Carlos Casacuberta Researcher 2: Hector Laca Researcher 3: Marcel Vaillant Consultant: Susana Picardo 2. Name, title, phone number and e-mail of the person responsible for signing the letter of agreement with the Bank: Full Name: Gaston J. Labadie Title: Dean, School of Managment and Social Sciences, Universidad ORT Uruguay Tel: (5982) 707 1806 E-mail: [email protected] 3. Does the proposal include the following? (Please check in the appropriate space): Description of the Data to be used in the study [maximum 3 pages]. The proposals should specify: Coverage: Manufacturing versus overall economy, Census or Survey, firm or plant level data, whether it includes small firms, number of observations. Frequency and number of periods available. Whether is possible to link data across periods and number of periods in which individual observations are followed. Treatment of entry and exit. Definition and summary statistics of available variables. X Demonstrate data availability [maximum 2 pages]. Demonstrating access to firm or establishment data is a necessary condition to obtain funding for this project. X Questionnaire (s) of the data. X Describe in detail which studies (part I, industry level studies) are going to be developed and the proposed methodology for doing so [4-5 pages]. X For the industry case studies, a justification of why the proposed case studies are relevant and illustrative [maximum 1 page per case study]. X Previous studies available using firm or establishment level data [1 page]. X CV of the research team, emphasizing previous relevant experience [maximum 2 pages per researcher]. X A budget (on a separate annex) indicating the time and resources that will be used within the context of a research work plan must be included. The budget proposed by the institution should desegregate items financed by the IDB contribution and those financed by the Institution. The budget should distinguish among amounts assigned to professional honoraria, “overhead,” and other major categories of research expenditures. X Productivity growth and dispersion in Uruguay: beyond the manufacturing sector Research Proposal Carlos Casacuberta Néstor Gandelman Héctor Laca Marcel Vaillant June 2008 1. Motivation The economic performance of Uruguay in the last half-century has been disappointing. Per capita GDP in the 1955-2003 period grew at modest rate (0.4% per year) well below the growth rate of more dynamic countries in Latin America (e.g. Brazil or Mexico with 2.2% on average for the same period) and East Asia (e.g. Korea or Thailand, with annual growth rates above 4%). In a recent paper Casacuberta, Gandelman and Soto (2007) report that in 1955-2003 the annual growth rate in labor productivity has been only 0.9% per year. This is a very low rate even compared to the rest of the Latin American economies, where productivity levels grew at an average 1.3% per year. Needless to say, these rates are well below that of East Asian countries (4.7%) and the OECD (2.4%). According to the authors, out of the 0.9% of annual growth in productivity, TFP accounts for around 45% confirming the key role TFP plays in economic growth. Nevertheless, the share of TFP in growth in East Asia and Europe is usually higher (around 60%). From an Economic History perspective Oddone (2005) Ph.D. dissertation refers to the “Long Decline of Uruguay in the Twentieth Century”. According to Oddone there are three key stylized facts to understand Uruguayan economic performance. First, its growth rate has been low and thus Uruguay has been lagging behind. Second, business fluctuations were deeper that other countries. Third, and more important for this proposal, Uruguayan growth is attributed to factor accumulation rather than efficiency gains. Indeed according to a simple growth accounting exercise in the 1956-2001 period the change in TFP has a negative incidence in the growth rate. There have been various studies in Uruguay measuring productivity levels and productivity growth. These studies can be classified in two groups. A first group of papers work with aggregate data and feature several variations of growth accounting exercises (Blyde and Fernández-Arias 2004, Fossati, Mantero and Olivella 2004, de Brun 2001 and Bucacos 2000). The second group of papers, although differ in their methodologies to measure productivity they all make use of micro data (Casacuberta, Fachola and Gandelman 2004, López and Llambí 1998, Noya and Lorenzo 1999 and Tansini and Triunfo 1999). The drawback of these latter studies is that they refer only to the manufacturing sector that encompasses less than 20% of the Uruguayan GDP and labor force. Also due to restricting policies of the National Institute of Statistics it was only possible to use micro data up 1995. The first part of this research project aims to document and understand the differences in productivity levels and growth. For that we will follow to strategies. First we will use a newly available micro level data for the period 1997-2005 that includes other sectors not previously studied (transportation, energy, telecommunications, commerce and various service industries). The only two important sectors not covered by our micro database are 2 the agricultural and the banking industry. With this microdata we plan to estimate production functions parameters using different methodological approaches and comparing them. Our estimates will include OLS, intragroup estimator, Generalized Moments Method estimates (Blundell and Bond, 1998), and Olley and Pakes (1996) and Levinsohn and Petrin (2003) methodologies in order to obtain measures of TFP. We consider specially the fact that the sole reliance in revenues data instead of physical quantities poses difficulties to interpret residuals from production functions as true estimates of total factor productivity (see for instance Foster, Haltiwanger and Syverson (2005), Katayama, Lu and Tybout (2006)). Prices may reflect demand or market power shifts, and thus estimated "productivity" may not be reflecting efficiency. The second strategy to understand productivity growth involves using industry level data (4 digit ISIC). We will follow Fernald and Basu (1999) and decompose the change labor productivity in four terms: changes in markups, changes in utilization rates, reallocation effects and finally technical change. We will also conduct two case studies. In order to somewhat remedy the lack of information on the agricultural sector, the first case study will focus on dairy farming. The dairy industry is the second most important source of export revenue in Uruguay. Uruguayan dairy farming industry encompasses more than 5000 very heterogeneous producers and we have access to a very rich database of these producers. The second industry case will be the telecommunications sector. This sector is particularly interesting since some of its segments have been subject to intense competition in recent times. Though basic fixed telephone services are held as a monopoly by the public telecommunications utility ANTEL, entry in cell phone market has developed new market conditions. We have a small number of firms in this sector which, on the one hand makes less difficult the access to physical quantities data. At the same time, econometric methodologies may be problematic in order to obtain productivity estimates and we will resort to index number methods. 2. Previous Studies in the Country using Establishment or Worker level data As mentioned before, there are several studies that analyze productivity using microdata in Uruguay, some of which use the same micro database that we propose to use, for the 198895 period only. López and Llambí (1998) estimated TFP evolution for a sample of four-digit level ISIC industries, from translog production functions with a technical efficient effect and from other accountant non-parametric methodologies. They concluded that aggregate TFP declined, but that it is not the case for exporting industries. Tansini and Triunfo (1999) estimated the evolving technical efficiency from four five-digit 3 ISIC sectors, using stochastic translog frontier production functions. Their main findings are that foreign firms and firms with increasing domestic sales have higher technical efficiency levels and that the evolution of this efficiency is highly heterogeneous among firms and sectors. Using four-digit ISIC figures, Noya and Lorenzo (1999) find that TFP shows two clearly different behaviors: importers and non tradable industries have a continuous increase since 1985, meanwhile exporting industries show a sharp decline since the middle of the 80s until 1992. The changes in TFP are much more moderate than those observed in the average labor productivity, which can be explained by a significant capital accumulation Cassoni, Labadie and Fachola (2001) examine the impact of unionization and the level in which negotiations take place –industry or firm specific- on wages and on the economic performance of firms controlling for the degree of exposure to international and regional competition, and a set of industry and firm characteristics. The main findings point at unionization increasing wages and employment; promoting investment due to the firms substituting labor by capital; being organized in those plants with higher rate of profits, but promoting increases in productivity and preventing profitability increases. The evidence also points at firm-level negotiations taking into account the interests of both parties, so that enhanced productivity and probably survival were achieved together with lower rates of substitution of labor by capital and/or lower profits. Casacuberta, Fachola and Gandelman (2004) study the impact of trade liberalization on productivity in the Uruguayan Manufacturing Sector and report Olley and Pakes (1996) and Levinsohn and Petrin (2003) productivity measures in the manufacturing industry for the 1988-1995 period. 3. Study 1: Measuring productivity levels, dispersion and growth In this section we will follow two approaches: one using establishment level data and another using industry level. 3.1. Establishment level data 3.1.1. Methodology We plan to use different methodologies that have been customary in measuring total factor productivity by estimating production function parameters using microdata. The methodologies will include OLS, fixed effects estimator, and the Blundell and Bond (1998), Olley and Pakes (1996) and Levinsohn and Petrin’s (2003) estimates to obtain a measure of total factor productivity. We understand that comparing the different estimates may give interesting clues about possible biases in estimation. Some of the methodologies 4 intend to control for unobservables and are based on proxy variables. In the case of Levinsohn and Petrin (2003) we will use an electricity consumption variable in the production function estimation to control for two problems common in this type of estimations: the selection problem (i.e. in a panel a researcher would only observe the surviving firms, hence those likely to be the most productive), and the simultaneity problem (the input choices of firms conditional on the fact that they continue to be in activity depend on their productivity).1 Olley and Pakes (1996) use investment as a proxy variable. A drawback of this methodology is that it can only be implemented for periods when firms experience positive investment levels. Katayama, Lu and Tybout (2006) critique the usual productivity measures, which are usually based on real sales revenues, depreciated capital spending and real input expenditures instead of physical quantities. They show that for a particular market structure with differentiated products the estimated productivity does not reflect technical efficiency or product quality, but is likely to be correlated with policy shocks and managerial decisions. They also develop an alternative approach to inference. Our data for this section does not provide physical quantities and hence may be liable to this critique. We will estimate however different production function parameters for sub sectors defined as narrowly as possible to control for some of the heterogeneity. Amiti and Koning (2007) propose adding controls for market structure, for instance Herfindahl indexes in the second stage equations. Our sector studies are less liable to this problem, since in the dairy sector physical quantities data are available and a substantial degree of homogeneity is granted among producers. In the case of the telecommunications sector, we will consider specifically the market equilibrium that applies to each of the products that we include in the analysis, in order to asses to what extent our productivity estimates can be biased by the influence of market structure and market power. Once we have our productivity estimates, we can proceed with a multivariate panel regression analysis to address the effects of size, learning-by-doing and selection, controlling for all relevant variables. For each factor productivity estimate and for TFP, we estimate the following specification: prod it = ∑ α jt d jt + ∑ β τ ageτit + δbit + λeit + ε it , τ <T where prod is a measure of firm productivity, h is firm’s i sector, the d´s are a set of sectoryear dummies, age indicates the number of years the firm is in activity, b is a dummy that takes the value of one if the firm is born in that year, and e is a dummy that takes the value of one if this is the last period before the firm exits. We can also decompose each productivity measure, in order to assess the contribution of entering, continuing and exiting firms: 1 In Casacuberta, Fachola and Gandelman (2004) we found similar results using Levinsohn and Petrin (2003) and Olley and Pakes (1996) methodologies. 5 ∆p t = ∑ φ it −1 ∆p it + ∑ ( p it −1 + p t −1 )∆φ it −1 + ∑ ∆p it ∆φ it + ∑ ( p it + p t −1 )φ it + ∑ ( p it −1 + p t −1 )φ it −1 i∈C i∈C i∈C i∈N i∈ X All firms that are active in both periods belong to C, firms that enter are in N and exiting firm are in X. The first term in the last equation represents the within plant component while the second term represent the between plant component. The last two terms represent the contribution of entering and exiting establishments. 3.1.2. Data Source We will use the Encuesta Anual de Actividad Económica (Economic Activity Survey) 1997-2005 from the Instituto Nacional de Estadísticas (INE). This dataset becomes available for research for the first time, and poses important challenges as to the database construction. Coverage This section of the research proposal is based on annual firm level observations conducted by the INE for the period 1997-2005. The survey-sampling frame encompasses Uruguayan firms with five or more employees in a wide number of 4-digit ISIC sectors including, apart from manufacturing, a wide number of services and commerce sectors. Each four-digit International Standard Industrial Classification (ISIC) sector was divided in two groups. All firms with more than 50 employers are included in the survey. For the group of firms with more than 5 but less than 50 employees a probabilistic sample was drawn.2 The survey adequately covers the following sectors (according to ISIC Rev. 3): DManufacturing, E- Electricity, gas and water, G-Commerce, H-Hotels and restaurants, ITransportation and communication services, K-Real estate and machine rentals, MEducational services, N-Health services, and O-Other community, social and personal services. Table 1 reports the number of observations classified by 1 digit ISIC (revision 3) sector.3 2 For a detailed discussion see INE (1997). The number of observations in 1997 is much larger since in that year the Economic Activity Census was carried out. 3 6 Sector D E G H I K M N O 1997 Table 1. Establishments by ISIC Sector 1998 1999 2000 2001 2003 2004 2005 3396 1002 983 977 938 973 887 910 3 3138 601 1147 966 554 480 617 6 1804 123 429 401 167 162 9 6 1778 122 427 399 161 160 9 6 1821 132 421 421 170 158 14 11 1750 134 554 531 207 201 8 6 1486 123 371 365 204 195 0 7 1222 119 344 325 201 182 0 5 1264 121 354 380 218 181 0 2002 In 2002, Uruguay suffered a profound financial crisis triggered by contagion effects from the run on banks, massive currency devaluation, and gigantic default on sovereign debt that took place in next-door Argentina. The real sector was also hit and the GDP fell by more than 10% and a very substantial number of firms had to exit. Even for those that survived their figures present anomalous results. The INE also suffered the effects of the crisis and was unable to adequately gather the information for that year and therefore there will be a one year gap in our panel. Entry and Exit The INE tried to address the sample attrition problem that affected the samples of 1982 and 1988 (used in previous research), and periodically intended to revise the sample coverage and include new firms. The procedure was instrumented by an agreement with the Social Security Institute (Banco de Previsión Social) that provided a list of new firms to be added to the sample space of the Economic Activity Survey. A first problem is that the list was not in practice available form all years. Thus, changes in the sample space are incorporated only in 2001, 2003, 2004 and 2005. The economic crisis implied a large number of deaths. It is important to note that the INE in practice did not draw the whole random part of the sample, but rather included new firms without eliminating firms that did not close. Hence, in general once a firm enters into the survey, it is followed until its death even if it falls bellow 5 employees. Therefore, when we have no more data for a particularly establishment, we interpret data as a plant closure (exit). Dealing with entry brings some difficulties. As mentioned, the INE periodically includes new firms, but these new firms are not necessarily newborn firms. The survey does not report the age of firms. The firm’s date of birth is reported the Economic Census, hence it is available only for part of them (those that were active in 1997). We have included in the research team the former Director of the INE’s division in charge of this survey to help us with this and all other database problems that may arise. 7 3.2. Industry level data 3.2.1. Methodology In this section we will follow the approach developed by Fernald and Basu (1999) to quantify the relative importance of the different explanations of procyclical productivity. Our goal is to disaggregate productivity changes in what is really technical change from other sources that may be affecting the perceived labor productivity. The starting point is a gross-output production function estimated in log differences at the sector level, that allows for variations in utilization of inputs, imperfect competition, and technical change (as a residual). After estimating these gross-output production functions sectors can be aggregated under a value added specification. Aggregation across sectors, however, is not simply the sum of the individual components because it includes a reallocation term that reflects the effect on output growth of differences among sectors in the social values of the marginal product of inputs. Therefore, output growth depends on the distribution of input growth among sectors as well as on their level; if inputs grow rapidly in sectors that have above-average marginal products, output grows rapidly as well. These are qualitative additional effects at the aggregate level which may be important both for estimating sectorlevel parameters and as powerful amplification mechanisms in their own right.4 Following Fernald and Basu (1998) the decomposition of productivity defined as the difference of the growth rates of value added and a weighted average of labor and capital inputs (dp = dv − dxV) is: dp = ( µ V − 1)dxV + du + R + dtV where dv is the aggregate growth in value added, µ V is the average markup across firms, dxV is the weighted-average growth of labor and capital inputs, du is the weighted average of utilization rates at the sector level, R represents reallocation of inputs between firms, and dtV is the weighted average of sector technical change.5 3.2.2. Data In this section we will be using the same Encuesta Anual de Actividad as in the previous subsection. We will be covering the following sectors (according to ISIC Rev. 3): DManufacturing, E- Electricity, gas and water, G-Commerce, H-Hotels and restaurants, ITransportation and communication services, K-Real estate and machine rentals, MEducational services, and N-Health services. The main difference is that the analysis of this section will be carried out at the 4 digit ISIC industry level. See the appendix for a Table with the detail of the sectors to be included. 4 In Casacuberta, Gandelman and Soto (2007) we applied this methodology to the manufacturing sector for the 1988-1995 period. 5 The aggregate output measure is presented in value added terms rather than in gross terms and is obtained as a difference between gross output and materials. For details on the computation of aggregate variables see Fernald and Basu (1999). 8 4. Industry case study 1: The dairy farming sector The Uruguayan dairy industry is the second most important source of export revenue to the country. Last year dairy exports totaled USD 340 million. The industry, mostly integrated by cooperative firms, comprises 5.000 dairy farmers that supply 1.4 billion liters of milk. Around 75% of the milk supplied is exported as milk powders, cheese, butter and other byproducts. Over the last 15 years some dairy farmers have been exiting production and some of their land has been redistributed among other dairy farmers. Overall, dairy area declined by 10% to 900 thousand hectares. Even though productivity per cow and per hectare has increased, an international comparison shows for instance that the gap with New Zealand productivity is large. In fact, partial productivity convergence is not taking place (Laca 2004). Previous studies (Vaillant, 1990; Paolino et al., 1997) indicated that dairy farming efficiency in the use of the available technology was low. Preliminary results from a sample of 1500 dairy farmers extracted from 2000 Census data indicate that average efficiency in the use of technology is 66%, ranging from 11% to 94%. Results seem to indicate that a severe problem of technology adoption and extension are affecting the dairy industry, which in turn may hamper its future development. Given the present level of competition for resources, particularly land, if the industry is not able to use them at it best their chances to retain them is dubious. A study than provides insights into the determinants of inefficiency is certainly required. This would help to ease the pressure over the resources and help the policy makers and the industry itself to tackle a structural problem that constraints its national and international competitiveness. The literature on determinants of farm inefficiency is not vast and some of the results are conflicting. Hallam and Machado (1996) investigated the relationship between technical efficiency estimates and some farm characteristics using a simple OLS regression. They reported a positive association between size (measured in farm value added) and technical efficiency. Intensiveness in milk production is measured by feed per cow (positive and significant) and land per cow (positive but not significant). The stock of machinery and equipment per cow that was considered a proxy of capital-intensive production technology, was positive but not significant. Evidence that family farms are more efficient than entrepreneurial farms is not conclusive. Finally, they introduced dummies for location (coastal vs. inland), altitude and handicapped zones, to determine whether technical efficiency is influenced by them. Results were conflicting, as one region that should appear to be efficient turned out to be more efficient. However, as the estimates of technical efficiency obtained were relative to a 9 common frontier, location differences in efficiency may have masked different technologies. Kumbhakar, Ghosh and McGuckin (1991) reported a positive association (causality given the methodology) between size and technical efficiency. Similarly, farms with a higher level of education are more technical efficient. Mathijs and Vranken (2001), on hungarian dairy farms, did not find a significant difference in technical efficiency between family and corporate farms. They also reported a positive impact of education on technical efficiency for family farms. However, for corporate farms human capital does not explain much of the differences in technical efficiency. For family farms, age has a negative effect on efficiency. Size as measured by total output, as well as specialization has a positive effect on efficiency both for family and corporate farms. Interestingly, Mathijs and Vranken (2001) found that off-farm work has a positive impact on efficiency whereas Kumbhakar, Biswas and Bailey (1989) reported a negative association, which occurred because less time is spent on managerial activities improving farm efficiency. Mathijs and Vranken (2001) proposed an alternative view by suggesting that time off-farm allows information to be acquired that improves the farmer’s managerial skills. Weersink, Turvey and Godah (1990), also used a two-step approach to investigate factors affecting inefficiency. Their model explains 46% of the variability in the overall technical efficiency. As in other studies, they found that herd size (measured in cows) has a positive effect on technical efficiency, but at a decreasing rate. They also reported that farming experience has a negative effect. Their explanation is based upon the assumption that younger farmers are more acquainted with advanced technologies. Milk production per cow, as well as butterfat content has a positive effect on efficiency. The proportion of feed purchased, another management characteristic, has a negative effect on efficiency. They concluded that quality and price of home-grown feed is better than for purchased feeds. Debt to asset ratio, building per cow and horsepower of the largest tractor all have negative coefficients, implying that farms may be operating at less than full capacity and are overcapitalised. Finally, two other findings are worthy of mention. First, farm efficiency was found to be positively related to the infrastructure of services, which in turn is determined by the number of farms and the resource base. Second, corporate operations were not found to be more efficient than owner-operators. As mentioned before, preliminary farm efficiency estimates from the sample of the 2000 Census data in Uruguay are highly dispersed. As suggested this might indicate some restrictions in the adequate use of the available technology. 10 However, the most important assumption that underlies this estimation is that all farms share the same technology. According to the frontier approach, it is assumed that all farms are confronted with a single production frontier and therefore share the same underlying technology. Differences between farms arise in the efficiency with which technology is used. Comparing farms against the same frontier is valid if they are on the same production function (i.e. applying the same technology) but using different proportions of inputs (Piesse, Thirtle and Turk, 1996). Tsionas (2002) reasoned that assuming farms share the same technology when they do not, will result in biased measures of efficiency and confusion between technological differences. Battese et al (2004) emphasized that farms operating under different technologies are not strictly comparable. In fact, given a set of inputs, inefficiency may be confused with the use of a different technology. Few studies on efficiency addressed the issue of technological differences between farms. Kumbhakar, Biswas and Bailey (1989) divided the sample of Utah dairy farmers into three groups according to total value of sales. They accepted the alternative hypothesis that production structure differs across farms of different sizes. Similarly, Hallam and Machado (1996) tested whether specialized and non-specialized Portuguese dairy farms operated under the same technology. They accepted the null hypothesis that both sub-samples are confronted with the same production frontier. The biological nature of agricultural production implies that the spatial dimension is significant for agricultural technology (Alston, 2002). Soils, climate and landscape differ between regions influencing, for example, the amount and type of feed grown, the opportunity cost of land and the level of scale economies (Sumner and Wolf, 2002). In turn, these exogenous conditions may impose some restriction in the selection and type of technology used. Along this trend, Mbaga, Romain, Larue and Lebel (2003) divided the sample of Quebec dairy farmers into two groups (non-maize and maize regions) to assure homogeneity of exogenous conditions. They then estimated the frontier for each subsample. However, they did not test whether technologies were different even when some results pointed in that direction. Either for policymaking or research and extension it seems vital to ascertain whether technological differences are present. In doing so some questions pertaining to productivity differences among farms may receive a better approach. Some of the questions that would lead the research are as follows: 11 1. Does dairyfarming operate under different technologies? If so, what factors determine technology applied. 2. Are determinants of inefficiency the same for all technologies applied? 3. What are the characteristics of the most (least) efficient farms under each technology applied (farm case studies)? 4.1. Methodology Technical efficiency will be defined as the departure of the level of production from the maximum attainable output. Hence measurement of inefficiency will be based on the estimation of the production frontier. As Green (1997) asserted, gauging the efficiency of individual firms with respect to the ‘theoretical ideal’ is the rationale behind frontier estimations. The two primary methods of frontier estimation are stochastic frontiers and Data Envelopment Analysis (DEA) (Coelli, 1995 and Coelli, Rao and Battese, 1998). Both methods involve estimation of “best practice” frontiers, with the efficiency of a specific decision-making unit being measured relative to such frontier. Stochastic frontiers require the specification of a functional form for the production frontier and some distributional assumption regarding the error terms. Estimation is carried out by maximum likelihood methods (ML). The term “stochastic” is motivated by the idea that failure to obtain maximum output might be associated with random disturbances not under the control of the firm (Battese, 1992; Bauer, 1990; Coelli, 1995; Greene, 1993, 1997 for a review). Data Envelopment Analysis is a mathematical programming technique to construct a piecewise linear convex hull of the data. By enveloping the data set, a “best practice frontier” is obtained. Inefficiency is then computed as the distance of the firm from the “best practice” (this lumps noise and inefficiency together; it is therefore deterministic) (Ali and Seiford, 1993; Coelli, 1995; Førsund and Sarafoglou, 2002; see Seiford and Thrall 1990 for a review). Both approaches aim to envelope the data in different ways. The essential differences between the two methods can be summarized as follows: a) The stochastic approach is parametric as it relies on the specification of a functional form to the production frontier. The programming approach is non-parametric. b) DEA is less demanding than parametric frontiers even when the number of linear programming problems to be solved can be quite large. 12 c) The parametric frontier approach is subject to specification error by the selection of the functional form, which can be avoided by selecting a flexible functional form at the cost of increasing multicollinearity. The specification error of DEA is minimal. d) The stochastic approach has a composed error term with a stochastic component (to account for random errors not under the control of the firm) and a deterministic component (that captures departures from maximum output, i.e. inefficiency). In the deterministic model (like DEA), deviations from the frontier (theoretical maximum) are attributed solely to inefficiency, i.e. lumps noise and inefficiency together. e) The stochastic approach allows for traditional hypothesis testing. 4.2. Data Every ten years the Ministry of Agriculture (Ministerio de Ganadería Agricultura y Pesca MGAP) carries out a census of the dairy farming sector. We will make use of the establishment level data for the 2000 Census. We have access to a detailed data for the more than 5000 farms that were active at that time. We will also use a survey conducted by the MGAP in 2007 of 400 farmers. Data of these 400 farmers can be linked to the data of the 2000 Census. Therefore we have for the universe of dairy farmers an observation at a single point in time and for a representative sample we can have two points. The variables reported include among others: amount of liters produced, cows in milk (number), cows not in milk, area (hectare), type of grass, employees (disaggregated by sex and age), machinery (detailed by type), installations, land tenure (owner, renter, etc). Besides that there are many socio-demographic variables on the producers (nationality, education, etc.). 13 5. Case Study 2. Telecommunications sector 5.1. Global background In many developing countries telecommunications services were traditionally provided by public firms generating large amounts of public revenue (Fink et al, 2003). The exclusive presence of the public sector was justified by natural monopoly arguments. However, technical change in the sector made this line of argument obsolete. Changes in control or ownership of firms (privatization) and in market structure (greater level of competition) were the new trends. However, there are still ownership and access to public networks restrictions. Another relevant outcome in the sector is the internationalization process. Two decades before, the telecommunications sector was established in a domestic environment with parameters fixed at a national level. In the new environment the limits to international trade and foreign investment are considered restrictions to the sector’s development. The main submarkets are basic local telephone services (using the fixed physical network); long distance services; cell mobile phone services; and internet. Foreign suppliers may use two channels to provide telecommunication services: trade across borders and domestic commercial presence. The access problem in this market -both for foreign and domestic firms- is that some connection to networks is required to develop new products. Such networks are usually controlled by a dominant supplier, frequently public, that may operate in monopoly some market segments. This operator may have also regulatory prerogatives in the market, which brings additional difficulties to competition. 5.2. Market characteristics in Uruguay The telecommunication sector in Uruguay is an interesting case study since it has been subject to intense restructuring in recent years. In the 1990 decade the global wave towards privatization and liberalization of telecommunication services was based on the need to develop a framework for infrastructure investment in the sector. Such changes were associated to intense political debate. In Uruguay there was a lack of consensus and majorities on the issue, so liberalizing reforms were not undertaken. President Lacalle (1990-1995) passed law 16.211 in 1991 privatizing several public utilities, but it was repealed in a referendum. Afterwards, during the Batlle presidency (2000-2005) the fear of defeat in a referendum to eliminate privatizing articles in law 17.296 of 2001 about the incumbent public utility, led to its early derogation by the Executive, while an earlier norm that established exclusivity in the supply of telecommunications services to public utility ANTEL was also eliminated. A degree of legal indefiniteness arose. Telephone services market in Uruguay includes segments with different degrees of competition. In basic fixed telephone services (including national long distance) a monopoly is granted by the law to ANTEL (a public utility 100% owned by the state) hence no private suppliers exist. In 2001 the international long distance market was opened to 14 competition via a transitory law that was used to grant licenses to provide long distance telephone services while it was in force.6 Most of the authorized firms still provide the service in competition at present. This law has been interpreted in the sense that no new licenses are to be granted, but entry to the market is possible by negotiating with the license holders. New technologies have implied that demand for conventional LD services has fallen, and in fact this generated the concentration of business in a few firms. 20 licenses were granted, and though some firms aren’t operating at present, none of them has been revoked. In Uruguay Mobile phone services started in 1991 provided by MOVICOM a firm that supplied services on account of ANTEL. In 1994 ANTEL started to provide services on its own through its division ANCEL. In October 2002 the first auction for radio electric frequencies was launched and as a consequence MOVICOM started to supply services on its own account since 2003. Afterwards, in the Communications spectrum auction in 2004 CTI Móvil was incorporated. As to access of new operators, there are no legal limits to the number of firms. However since 2004 no new auctions have been undertaken. In 2007 a decree enabled URSEC to pursue a competitive procedure to allocate spectrum both to incumbent to new firms applying for a license to provide services. URSEC is at present elaborating the set of conditions for such auction. Regarding ownership of mobile phone services firms, there are no restrictions with respect to origin of capital and the law establishes that equal treatment must be provided to private and publicly owned firms7. Mobile phone market structure consists of three firms. Effective competition between them has brought about an important decrease in prices, as well as a significant growth both in clients and in traffic for all of them. In summary, while the market for international long distance is at present competitive, fixed urban telephone and national long distance services are provided by a monopoly held by the public enterprise ANTEL. At the same time, mobile telephone services involve multiple firms in a competitive framework, and competition became intense in the last years. The examination of changes in productivity is particularly interesting. The main questions for research are: Did the market structure changes starting in the mid nineties until now have an effect on TFP growth in the telecommunications sector in Uruguay, beyond the international wave of technical progress that characterizes the sector? Are institutional barriers still a significant factor in TFP evolution? Are these changes homogenous across firms and products or it is possible to identify a heterogeneous pattern? Does public or private ownership of firms explain some of the differences? Can we say something about the evolution of cross subsidies in the public enterprise ANTEL? 6 Law 17.296 in its article 613 enabled private provision of long distance telephone service. It was eliminated by Law 17.524 in 2002. There is some interpretation disagreements as to the exclusivity of such supply. 7 The law 16.906 of Investment promotion (1988) provides the framework. 15 5.3. Data and methodology We will combine different datasets. In particular we have the corresponding observations of the sector from the Annual Economic Activity survey, including capital stock, employment and intermediate inputs (not discriminated by activity). Physical quantities of the various products sold by different firms can be obtained from various surveys and official records. We will complement different sources to complete a suitable data base for the application of a productivity estimation methodology8. We will use the World Bank Templates for telecommunication services as guideline to perform interviews to the three main players in Uruguayan market, the public enterprise ANTEL an the other two private firms (MOVISTAR and CLARO). We will consider specific methodologies applied to measure TFP growth in telecommunication services (see Lam and Lam 2005, Rushdi, 2000, Foreman-Peck and Manning, 1988). Due to the small number of observations in our sample, for our total factor productivity measures we will rely in index number methods rather than in econometric estimations. For instance, Törnqvist indexes are based on a quotient of quantity indexes, product yt , and inputs xt .9 They are consistent with relatively general production function specifications. Weights for Törnqvist indexes are not fixed and reflect changes in quantities and prices by period. If firms provide several products we may consider as the product index a Törnqvist aggregate index of quantities. 10 Using physical units quantities of product i (i = 1, … , n) in period t, qit and prices p it we calculate shares in total revenue11. Weights in the quantity indexes are averages between shares in present and lagged period ( wit = 1 (sit + sit −1 ) ). 2 Quantity indexes are calculated as 8 In particular the regulatory agency in this market (URSEC) is considered a relevant source of information at the firm level. 9 See Diewert y Nakamura (2002). 10 This is based on Kunze et al (1995). s it = 11 p it q it n ∑ 1 p it q it . 16 yt = Qt = exp Qt −1 n ∑ 1 q wit ln t qt −1 Or in growth rates we have ln yt = ln Qt − ln Qt −1 = n ∑ 1 q wit ln t qt −1 This gives an index for period t based in period t-1. 12 Input indices are Törnqvist indexes for labor, capital services and intermediate inputs.13 For the input index we also consider physical quantities Let Lt be total employment (hours). A measure Kt of physical units of capital will not be feasible and we use a constant price index. As the flow of services of capital would not be available, the usual assumption that relates proportionally the flow of services to the stock will be used. Intermediate inputs mt is the constant price aggregate of materials, raw inputs, energy, fuel, expenses, etc. The input quantity index weights quantity indexes of each input according to: xt = It I t −1 k m L = exp ω Kt ln t + ω Mt ln t + ω Lt ln t k t −1 m t −1 Lt −1 ω Weights jt are in this case also the averages of the shares in gross revenue of each input in past and present period. Weight for labor is built by averaging the ratio of total labor compensation to gross revenue, while intermediate inputs weight is based on materials, inputs and energy purchases. The capital weight is a residual (1 minus the other two). Analogously to products, we have s Kt = rkt k t (rkt k t + Wt Lt + Pmt mt ) s Lt = ; Wt Lt (rkt kt + Wt Lt + Pmt mt ) s Mt = ; Pmt mt (rkt k t + Wt Lt + Pmt mt ) Each period is averaged with the former: ω Kt = 12 1 (s Kt + s Kt −1 ) 2 ; ω Lt = 1 (s Lt + s Lt −1 ) 2 ; ω Lt = 1 (s Mt + s Mt −1 ) 2 To obtain a series indexes must be chained perdiod by period Starting from period 0, we have y20 = Q2 Q2 Q1 = ; Q0 Q1 Q0 y30 = and so on. 13 This follows US Department of Labor, BLS (2000). 17 Q3 Q3 Q2 Q1 = ; Q0 Q2 Q1 Q0 The expression for total factor productivity will be: ln PTFt = ln yt − ln xt = ln Qt − ln Qt −1 − (ln I t − ln I t −1 ) n ln PTFt = ∑w it 1 q k m L ln t − ω Kt ln t + ω Mt ln t + ω Lt ln t qt −1 kt −1 mt −1 Lt −1 . We believe such data allow us to obtain at least preliminary answers to our main research questions about the evolution in TFP. It must be borne in mind that no prior measures of TFP evolution have been estimated for the sector, and that major structural changes are very recent. Accurate estimation of TFP evolution is an issue in itself and a valuable contribution of this proposal. In summary though we may have insufficient sample size and variation for detailed econometric hypothesis testing, we will add to our TFP measures an analytic view of the market functioning. To complement and enrich the interpretation of results we will qualitatively consider how productivity measures may be biased due to the type of competition and the market structure that characterizes each sub market. Estimations may suffer from measurement errors due to our productivity measures being based on revenues deflated by common sector price indexes instead of quantities, as pointed by Katayama, Lu and Tybout (2006). 18 6. Short background of the researchers Project Director: Researcher 1: Researcher 2: Researcher 3: Néstor Gandelman Carlos Casacuberta Hector Laca Marcel Vaillant Consultant: Susana Picardo Néstor Gandelman is the Director of the Department of Economics of Universidad ORT. He holds a Ph.D. in Economics from the University of Rochester. Carlos Casacuberta is affiliated with the Departamento de Economía, FCS of the Universidad de la República. Casacuberta holds a M.Sc. in Economics form the London School of Economics. Casacuberta and Gandelman have intensively worked in the past with establishment level data studying firm dynamics, productivity and adjustment costs. Hector Laca is a PhD (cand.) in Agribusiness from Massey University, New Zealand and is currently affiliated with Universidad ORT. Laca’s dissertation is a study on the determinants of productivity in the dairy farming in New Zealand. Marcel Vaillant holds a PhD. Economics from the Universitet Antwerp. He is specialized in trade and is the head of the International Trade Area at the Departamento de Economía, FCS. Susana Picardo is currently affiliated with the Departamento de Economía, FCS of the Universidad de la República. Previously she worked for the INE and was in charge (Director of Economic Statistics) of the Encuesta Anual de Actividad Económica that we will be using in this study. 19 7. References Ali, A. I. and Seiford, L. M. (1993) The mathematical programming approach to efficiency analysis. Chapter 3 in Harold O. Fried, C. A. K. Lovell and Shelton S. Schmidt (eds.), The Measurement of Productive Efficiency: Techniques and Applications. Oxford University Press, pp 120-159. Alston, J. M. (2002) Spillovers. The Australian Journal of Agricultural and Resource Economics, vol. 46(3): 315-346. Amiti, M. y J. Konings (2007), “Trade Liberalization, Intermediate Inputs, and Productivity: Evidence from Indonesia”. American Economic Review, Vol.97, No. 5. Battese, G. E. (1992) Frontier production functions and technical efficiency: a survey of empirical applications in agricultural economics. Agricultural Economics, vol. 7: 185 - 208. Battese, G. E.; Rao, D. S. P. and O'Donnell, C. J. (2004) A Metafrontier Production Function for Estimation of Technical Efficiencies and Technology Gaps for Firms Operating under Different Technologies. Journal of Productivity Analysis, vol. 21: 91-103 Bauer, P. (1990) Recent developments in the econometric estimation of frontiers. Journal of Econometrics, vol. 46 (1/2): 39-56. Blundell, R. y Bond, S. (1998), “GMM estimation with persistent panel data: an application to production functions.” Working Paper Series Nº W99/4. The Institute for Fiscal Studies. Blyde, J. and Fernandez-Arias, E. (2004); Economic Growth in the Southern Cone; Economic and Social Study Series, RE1-04-004, Inter-American Development Bank. Bucacos, E. (2000); Sobre los Determinantes de la Productividad en Uruguay: 1960-1999; Revista de Economía del Banco Central del Uruguay, Segunda Época, 7(1) Casacuberta, C; G Fachola and N. Gandelman (2004) “The Impact of Trade Liberalization on Employment Capital and Productivity Dynamics: Evidence from the Uruguayan Manufacturing Sector”, Journal of Policy Reform. 7(4) pp.225-248. Casacuberta, C., N. Gandelman and R. Soto (2007), “Long run growth and productivity changes in Uruguay: evidence form aggregate and industry level data”, International Journal of Development Issues, 6(2), pp 106-124. Cassoni, A, G. Fachola and G. Labadie (2001) “The Economic Effects of Unions in Latin America: Their Impact on Wages and the Economic Performance of Firms in Uruguay” unpublished paper. Inter American Development Bank. Coelli, T. J. (1995) Recent developments in frontier modelling and efficiency measurement. Australian Journal of Agricultural Economics, vol. 39(3): 219-245. 20 Coelli, T. J.; Rao, D. S. and Battese, G. E. (1998) An Introduction to Efficiency and Productivity Analysis. Kluver Academic Publishers De Brun, J. (2001); Growth in Uruguay: Factor Accumulation or Productivity Gains?; Global Development Network Latin American and Caribbean Economic Association, Working Paper. Diewert, E. y Nakamura, A., (2002), The measurement of aggregate total factor productivity growth, capítulo del Handbook of Econometrics, Vol. 6, Elsevier. Fernald, John G. and Susanto Basu (1999): "Why Is Productivity Procyclical? Why Do We Care?" Board of Governors of the Federal Reserve System, International Finance Discussion Papers, Number 638, Foreman-Peck, J., and D. Manning (1988) How Well is BT Performing? An International Comparison of Telecommunications Total Factor Productivity, Fiscal Studies 9 (3) , 54–67. Førsund, F.R. and Sarafoglou, N. (2002) On the Origins of Data Envelopment Analysis. Journal of Productivity Analysis, vol. 17: 23-40. Fossati, F., Mantero, R. and Olivella, V. (2004); Determinantes del (Escaso) Crecimiento Económico en Uruguay: 1955-2003, Un Análisis de la Productividad Total de los Factores; unpublished manuscript Universidad de la República. Foster, L, J. Haltiwanger and C. Syverson (2005), Reallocation, Firm Turnover, and Efficiency: Selection on Productivity or Profitability? NBER Working Paper No. 11555. Green, W. M. (1993) The econometric approach to efficiency analysis. Chapter 2 in Harold O. Fried, C. A. K. Lovell and Shelton S. Schmidt (eds), The Measurement of Productive Efficiency: Techniques and Applications. Oxford University Press, pp 68-119. Green, W. M. (1997) Frontier Production Functions. Chapter 3 in M. Hashem Pesaran and Peter Schmidt (eds.), Handbook of Applied Econometrics: Microeconomics. Blackwell Publishers, pp 81166. Hallam, D. and Machado, F. (1996) Efficiency Analysis with Panel Data: A Study of Portuguese Dairy Farms. European Review of Agricultural Economics, vol. 23 (1): 79-93. INE (1997) “Metodología: Encuesta de Actividad Economica” Instituto Nacional de Estadística. Katayama, H., S. Lu and J. Tybout, 2006. Firm-level Productivity Studies: Illusions and a Solution.” NBER Working Paper No. 9617 Kumbhakar, S. C.; Biswas, B. and Bailey, D. (1989) A Study of Economic Efficiency of Utah Dairy Farmers: A System Approach. Review of Economics and Statistics, vol. 71 (4): 595-604. Kumbhakar, S. C.; Ghosh, S. and McGuckin, J. T. (1991) A Generalized Production Frontier 21 Approach for Estimating Determinants of Inefficiency in U.S. Dairy Farms. Journal of Business and Economic Statistics (July): 279-286. Mathijs, E. and Vranken, L. (2001) Human capital, gender and organisation in transition agriculture: Measuring and explaining technical efficiency of Bulgarian and Hungarian farms. Post-Communist Economies, vol. 13 (2): 171-187. Mbaga, M. D.; Romain, R.; Larue, B. and Lebel, L. (2003) Assessing technical efficiency of Québec dairy farms. Canadian Journal of Agricultural Economics, vol.51 (1): 121-137. Kunze, K., M. Jablonski y V. Klarquist, (1995), BLS modernizes industry labor productivity program, en Monthly Labor Review, vol. 118, No. 7. Laca, H. (1997) “An insight on the Uruguayan Dairy Policy: Some Mercosur effects” Master Science dissertation. University of Newcastle Upon Tyne. Laca, H (2007) “An insight into technological differences in NZ dairy farming: a comparison between Canterbury and Waikato using stochastic frontier analysis” Massey University, New Zealand. Lam, P and T. Lam, 2005, Total factor productivity measures for Hong Kong telephone, Telecommunications Policy Volume 29, Issue 1, February 2005, Pages 53-68. Levinsohn, James, and Amil Petrin. 2003. “Estimating production functions using inputs to control for unobservables”. Review of Economic Studies 70 (April): 317-41 López, Ana and Cecilia Llambí (1998) “Evolución de la productividad total de factores: estudio de casos en la industria manufacturera”. Unpublished graduation dissertation. Montevideo, School of Business and Economics, Universidad de la República. Noya, N. and F. Lorenzo (1999b),“Trade specialization pattern, total factor productivity and export volatility,. Unpublished manuscript CINVE. Oddone, G. (2005) “El largo declive económico de Uruguay durante el siglo XX”, Ph.D. disserattion Universitat de Barcelona. Olley, G. and Pakes, A. (1996), “The dynamics of productivity in the telecommunications equipment industry”, Econometrica, 64, 1263-1297. Piesse, J.; Thirtle, C. and Turk, J. (1996) Efficiency and Ownership in Slovene Dairying: a Comparison of Econometric and Programming Techniques. Journal of Comparative Economics 22: 1-22. Sumner, D. A. and Wolf, C. A. (2002) Diversification, Vertical Integration, and the Regional Pattern of Dairy Farm Size. Review of Agricultural Economics, vol. 24 (2): 442-457. 22 Seiford, L. M. and Thrall, R. M. (1990) Recent developments in DEA: the mathematical programming approach to frontier analysis. Journal of Econometrics, vol. 46(1/2): 7-38. Tansini, Ruben and Patricia Triunfo (1999) “Eficiencia técnica y apertura comercial en cuatro ramas industriales”. Montevideo, Departamento de Economía, FCS, Universidad de la República. Tsionas, E. G. (2002) Stochastic Frontier Models with Random Coefficients. Journal of Applied Econometrics, vol. 17 (2): 127-147. US Department of Labor, Bureau of Labor Statistics, (2000), Multifactor productivity measures for three-digit SIC manufacturing industries. Report No. 948. Weersink, A.; Turvey, C. G. and Godah, A. (1990) Decomposition Measures of Technical Efficiency for Ontario Dairy Farms. Canadian Journal of Agricultural Economics, vol. 38: 439-456. 23 Appendix Table. Sectors to be included in Industry level analysis.(ISIC Rev.3) D D D D D D D D D D D D D D D D D D D D D D D D D D D D D 15 1511 1512 1513 1514 1520 1531 1533 1534 1541 1542 1543 1544 1549 1551 1552 1553 1554 16 1600 17 1711 1712 1713 1720 1730 18 1810 INDUSTRIAS MANUFACTURERAS ELABORACION DE PRODUCTOS ALIMENTICIOS Y BEBIDAS. Matanza y preparac. carnes y aves Elab. y conservación de pescado. Elaboración conservación de frutas, legumbres y hortalizas Aceites y grasas vegetales y animales. Productos lácteos. Molinos harineros y yerbateros. Elaboración de alimentos preparados para animales Molinos arroceros. Elaboración de productos de panadería Elaboración de azúcar. Elaboración de cacao, chocolate y productos de chocolate, caramelos. Frutas y cáscaras abrillantadas. Fideerías y fabricación de pastas Elaboración de productos alimenticios n.c.p. Destilación, rectificación y mezcla bebidas espirituosas. Alcohol etílico. Elaboración de vinos. Cervecerías y fabricación de maltas Bebidas sin alcohol. ELABORACION DE PRODUCTOS DE TABACO. Industria del tabaco FABRICACION DE PRODUCTOS TEXTILES. Hilandería y tejeduría Acabado de productos textiles Lavadero y fabricación de tops Textiles excepto prendas vestir. Fabricación de tejidos de punto FABRICACION DE PRENDAS DE VESTIR Y TEÑIDO DE PIELES. Fabricación de prendas de vestir D 19 CURTIEMBRES Y TALLERES DE ACABADO; FABRICACIÓN DE PRODUCTOS DE CUERO D D D D D D D D D D D D D D D 1911 1912 1920 20 2010 2021 2029 21 2101 2102 2109 22 2211 2212 2230 Curtiembres y talleres de acabado Artículos de cuero.(marroquinerías) Fabricación de calzado PRODUCCION DE MADERA Y PRODUCTOS DE MADERA EXCEPTO MUEBLES Aserraderos y fabricación de parquet Fabricación de productos de madera(excepto muebles) Fabricación productos de madera n.c.p. y corcho FABRICACION DE PAPEL Y DE PRODUCTOS DE PAPEL. Pulpa madera, papel y cartón Envases papel y cartón. Fabricación de artículos de papel y cartón n.c.p. ACTIVIDADES DE ENCUADERNACION, IMPRESION, EDICION Y REPRODUCCION Encuadernación, impresión, edición, grabación y reproducción sobre papel excepto diarios y revistas. Impresión, edición: diarios, revistas Edición y reproducción grabaciones D 23 FABRICACION DE PRODUCTOS DIVERSOS DERIVADOS DEL PETROLEO Y DEL CARBON. D D D D D D D D D 2310 2320 24 2411 2412 2413 2421 2422 2423 Materiales a base de asfalto Combustibles y aceites grasas lubricantes productos bituminosos y otros derivados del petróleo. FABRICACION DE SUSTANCIAS Y DE PRODUCTOS QUIMICOS. Sustancias químicas básicas Abonos Fabricación de plásticos en formas primarias, caucho sintético, resinas sintéticas y fibras artificiales. Plaguicidas Pinturas, barnices y lacas Fabricación de productos farmacéuticos y medicamentos 24 D D D D D D D D D D D D D D D D D D D D D D D D D D D D 2424 2429 25 2511 2519 2520 26 2610 2691 2692 2694 2695 2699 27 2700 28 2811 2812 2890 29 2910 292 2920 2930 30 3000 31 3100 Artículos de limpieza y de tocador Productos químicos n.c.p. FABRICACION DE PRODUCTOS DE CAUCHO Y PLASTICO. Fabricación de cámaras y neumáticos. Recauchutaje. Fabricación de productos de caucho natural o sintético en formas básicas . Productos de plástico. FABRICACION DE OTROS PRODUCTOS MINERALES NO METALICOS. Vidrio y productos de vidrio Objetos de barro, loza y cerámica. Fabricación de productos de arcilla y cerámica refractaria o no refractaria. Fabricación de cemento, cal y yeso Fabricación de artículos de cemento, hormigón y yeso Productos minerales no metálicos n.c.p. INDUSTRIAS METALICAS BASICAS. Industria básica de hierro, acero y metales no ferrosos FABRICACION DE PRODUCTOS METALICOS, MAQUINARIAS Y EQUIPOS. fabricación de productos metálicos estructurales (herrería de obra) Fabricación de recipientes de metal. Otros productos de metal. CONSTRUCCION DE MAQUINARIA EXCEPTUANDO LA MAQUINARIA ELECTRICA. Maquinaria de uso general. Fabricación de maquinaria de uso especial (para el agro, la minería y la construcción) Maquinaria de uso especial Electrodomésticos. FABRICACION DE MAQUINARIA DE OFICINA, CONTABILIDAD E INFORMATICA. Maquinaria de oficina, contabilidad e informática. FABRICACION DE MAQUINARIA Y APARATOS ELECTRICOS N.C.P.. Maquinaria y aparatos eléctricos n.c.p. D 32 FABRICACION DE EQUIPOS Y APARATOS DE RADIO, TELEVISION Y COMUNICACION. D D 3200 33 Equipos y aparatos de radio, televisión y comunicación FABRICACION DE INSTRUMENTOS MEDICOS, OPTICOS Y DE PRECISION. D D 3300 34 Fabricación de aparatos e instrumentos médicos, aparatos para medir, verificar, ensayar, navegar y otros fines. FABRICACION DE VEHICULOS AUTOMOTORES, REMOLQUES Y SEMIRREMOLQUES. D D D D D D D D G G G G G G G 3400 35 3510 3590 36 3610 3691 3699 Automotores y repuestos. FABRICACION DE OTROS TIPOS DE EQUIPO DE TRANSPORTE. Construcción y reparación de buques Otro equipo de transporte n.c.p. FABRICACION DE MUEBLES; INDUSTRIAS MANUFACTURERAS N.C.P.. Muebles y colchones Joyas y artículos conexos. Otras industrias manufact. n.c.p. COMERCIO AL POR MAYOR Y AL POR MENOR; REPARACION DE VEHICULOS COMERCIO, MANTENIMIENTO Y REPARACION DE VEHICULOS AUTOMOTORES Comercio de vehículos automotores. Mantenimiento y reparación de vehículos Comercio de partes y accesorios de vehículos automotores. Comercio y reparación de motocicletas Comercio al por menor combustibles para automotores. 50 5010 5020 5030 5040 5050 G 51 COMERCIO AUTOMOTORES) AL POR MAYOR Y A COMISION (EXCEPTO EL COMERCIO DE VEHICULOS G G G G G G G 5110 5121 5122 5131 5139 5141 5142 COM.POR MAYOR A CAMBIO DE RETRIBUCION Comercio al por mayor materias primas agropecuarias, animales vivos. Comercio al por mayor de alimentos, bebidas y tabaco. Comercio al por mayor de productos textiles, prendas de vestir y calzado. Comercio al por mayor de otros enseres domésticos Comercio al por mayor de combustibles sólidos, líquidos, gaseosos. Comercio al por mayor de metales y minerales metalíferos. G G 5143 5149 Comercio al por mayor de materiales de construcción, artículos de ferretería y materiales de sanitaria y calefacción. Comercio al por mayor de sustancias químicas básicas, materiales plásticos en forma primaria, fibras textiles. 25 G G G 5150 519 5190 Comercio al por mayor de maquinaria, equipo y materiales. Comercio al por mayor de otros productos (no incluidos en las clases anteriores). Com. por mayor de otros productos. G 52 Comercio al por menor excepto el comercio de vehículos automotores y motocicletas; reparación de efectos personales G G 5210 5220 Supermercados, gdes. almacenes. Almacén, carnicería, fiambrerías ,etc G 5231 Comercio al por menor de productos farmacéuticos, medicinales y ortopédicos, cosméticos y artículos de tocador. G G 5232 5233 Comercio al por menor de productos textiles, prendas de vestir y calzado. Comercio al por menor de aparatos, artículos de uso doméstico. G 5234 Comercio al por menor de artículos de ferretería, pintura, vidrios y productos de vidrio. Materiales de construcción. G G G H H H H H I I I I I I I I I I I I I I I I I I K K K K K K K K K K K K K K K K K K K K K K 5239 5240 5252 Com.p/men.de otros productos. Com.por menor de productos usados. Com.p/menor de puestos callejeros, y mercados. HOTELES Y RESTORANES HOTELES Y RESTORANES. Hoteles Servicio de alojamiento por hora, apart hotel, moteles, hoteles de alta rotatividad Restoranes, bares, cantinas TRANSPORTE ALMACENAMIENTO Y COMUNICACIONES TRANSPORTE POR VIA TERRESTRE Y POR TUBERIA. Transporte colectivo de pasajeros. Transporte no regular de pasajeros Transporte de carga por carretera TRANSPORTE POR VIA ACUATICA. Transporte marítimo y de cabotaje. TRANSPORTE POR VIA AEREA. Transporte regular por vía aérea ACTIVIDADES DE TRANSPORTE, COMPLEMENTARIAS Y AUXILIARES. Carga y descarga de mercancías. Almacenamiento y depósitos de mercaderías Otras actividades de transporte.(Puertos, etc) Actividades de agencias de viaje Actividades de otras agencias de transporte. CORREO Y TELECOMUNICACIONES. Correo (incluye vta. de sellos) Telecomunicaciones ACTIVIDADES INMOBILIARIAS EMPRESARIALES Y DE ALQUILER. ALQUILER DE MAQUINARIA Y EQUIPO, EFECTOS PERSONALES Y ENSERES Alq.eq. de transporte sin conductor Alq. maq. y equipo sin operario. Alq. efectos pers.y enseres domest. INFORMATICA Y ACTIVIDADES CONEXAS. Consultores en equipo informática Consultores en progr. de informática Procesamiento de datos Acts. relac. con base de datos Mantenim. y rep. maq. ofic, cont, inform. OTRAS ACTIVIDADES INFORMATICAS INVESTIGACION Y DESARROLLO. Invest. y desarr. cs. naturales y socs. Servicios prestados a las empresas, exceptuando el alquiler y arrendamiento de maquinaria y equipo. Servicios jurídicos y notariales Servs. cont., audit., tened.de libros Investigación de mercados y realización de encuestas. Asesoramiento, orientación y asistencia operativa a las empresas. Servicios técnicos de arquitectura, ingeniería, agrimensura, etc. Ensayos, análisis técnicos de materiales y productos. Publicidad 55 5511 5512 5520 60 6021 6022 6023 61 6110 62 6210 63 6301 6302 6303 6304 6309 64 6410 6420 71 7110 7120 7130 72 7210 7220 7230 7240 7250 7290 73 7300 74 7411 7412 7413 7414 7421 7422 7430 26 K K K K K K M M M M M M N N N N N N 7491 7492 7493 7494 7495 7499 80 8010 8020 8030 8090 85 8511 8512 8519 8530 Obtención y dotación de personal Investigación y seguridad: bienes y personas Actividades de limpieza de edificios Casa de fotografía, laboratorios fotográficos Actividades de envase y empaque Otras acts. empresariales n.c.p. ENSEÑANZA ENSEÑANZA. Enseñanza preesc., primaria, espec. Enseñanza secund, técnica y comerc. Enseñanza superior Otros tipos de enseñanza n.c.p. SERVICIOS SOCIALES Y DE SALUD. ACTIVIDADES RELACIONADAS CON LA SALUD HUMANA. Hospitales, sanatorios, clínicas medicas. Servicios de laboratorios clínicos y radiológicos. Servicios médicos en consultorios privados, a domicilio o en clínicas de pacientes. Otras actividades relacionadas con salud humana Institucs. asist. social, orfanatos 27 Néstor Gandelman Ungerovich Curriculum Vitae, January 2008 Personal Information Date of Birth: Nationality: Marital Status: Email: 12/27/1971 Address: Uruguayan Married Phone: [email protected] B. Blanco 616 ap. 102 Montevideo 11.300, Uruguay (5982) 710 1205 Education 1996-2000 University of Rochester, Doctor of Philosophy (Ph.D.) Master of Arts (M.A.) Universidad de la República, Licenciado en Economía 1990-1995 Rochester NY, USA June 2000 May 1999 Montevideo, Uruguay September 1995 Professional Experience Current affiliation 2003-2008 Coordinador Académico de Economía (Director Department of Economics) Universidad ORT Uruguay 2000-2002 Coordinador Académico Adjunto de Economía (Associate Director of the Department of Economics) Universidad ORT Uruguay Participation in IADB Projects 2007-2008 2007 2007 2005-2006 2005-2006: 2002-2003: 2002 2001 QoL in Urban Neighborhoods in LAC Titling in Latin America: Effects and Channels Construyendo confianza y capital social para reducir barreras de exclusión. Discrimination and Economic Outcomes The Development of Latin-American Bond Markets Market Institutions, Labor Market Dynamics, Growth and Productivity: An Analysis of LAC What is the State of Housing Finance in LAC Determinants and Consequences of Financial Restrictions Facing Firms in LAC Other relevant experience World Bank: 2007 Assessing the Effects of TRIPS-plus Provisions on Uruguay’s Pharmaceutical Market 2007 Export productivity premiums in Uruguay 2005 The Impact of Trade Liberalization and International Exposure on Labor and Capital Adjustment Functions in Uruguay Ministry of Housing, Uruguay: 2006 Deficit habitacional y capacidad de acceso a la vivienda. 2006 Ministry of Housing: Ejecuciones hipotecarias: plazos y costos Federal Reserve Bank of St. Louis: 2007 Visiting Scholar 2004 Visiting Scholar i Research Publications • Mobility between employers and assortative matching: field evidence from soccer data., forthcoming (expected April 2008) Journal of Sports Economics. • Long-Run Growth and Productivity Changes in Uruguay: Evidence from Aggregate and Industry Level Data (2007), with C. Casacuberta and R. Soto, International Journal of Development Issues Vol. 6(2), 106-124. • El Mercado de Renta Fija en Uruguay (2007), joint with J.de Brun, H. Kamil and A. Porzecanski Revista de Economía del Banco Central del Uruguay Vol. 14(1), 35-96. • R&D Institutional Arrangements: Start up vs. Lab joint (2007) with Manfred Dix, The Manchester School Vol. 75(2), 218-236. • Community Tax Evasion Models: A Stochastic Dominance Test (2005), Journal of Applied Economics, Vol. 8(2), 279-297. • Creación, destrucción y reasignación de empleo y capital en la industria manufacturera (2005), joint with C. Casacuberta y G. Fachola, Revista de Economía del Banco Central del Uruguay, Vol. 12(2), 89-124. • The Impact of Trade Liberalization on Employment, Capital and Productivity Dynamics: Evidence from the Uruguayan Manufacturing Sector (2004), joint with C. Casacuberta y G. Fachola, Journal of Policy Reform, Vol. 7(4), 225–248. • A Tax Community Competition Model with Evasion (2004) joint with R. Hernández-Murillo, Topics in Economic Analysis & Policy: Vol. 4: No. 1, Articule 13. Chapters in books • Traditional Excluding Forces, joint with a H. Ñopo y L. Ripani, in Márquez, Chong, Duryea, Mazza and Ñopo (eds.), Outsiders? The Changing Patterns of Exclusion in Latin America and the Caribbean, Economic and Social Progress in Latin America - IPES 2008, Inter American Development Bank. Also in Spanish: Las fuerzas tradicionales de exclusión, joint with H. Ñopo and L. Ripani, in Márquez, Chong, Duryea, Mazza y Ñopo (eds.), ¿Los de afuera? Patrones cambiantes de exclusión en América Latina y el Caribe, Informe de Progreso Económico y Social –IPES 2008, Inter American Development Bank. • The Fixed Income Market in Uruguay, joint with J.de Brun, H. Kamil and A. Porzecanski, in K. Cowan, B. Eichengreen and U. Panizza (eds), On the Verge of a Big Bang? Bond Markets in Latin America, MIT Press (Expected 2008). • International Exposure, Unionization and Market Concentration: the effects on factor use and firms’ productivity in Uruguay (2007) joint with C. Casacuberta y G. Fachola, in Aryeetey and Dinello (eds.) Testing Global Interdependence: Issues on Trade, Aid, Migration and Development, Edward Elgar Publishing. ii • Investment equations and financial restrictions at firm level: The case of Uruguay (2003) joint with E. Baribieri and J. de Brun, in Galindo and Schiantarelli (eds.) Credit Constraints and Investment in Latin America, Inter American Development Bank. Papers submitted to refereed journals • Protection, Openness and Factor Adjustment: Evidence from the manufacturing sector in Uruguay, Revised and Resubmit for Economic Development and Cultural Change. • Gender Differentials in Judicial Proceedings: field evidence from housing related cases in Uruguay, Revised and Resubmit International Review of Law and Economics. • Female Headed Households and Homeownership in Latin America, Revised and Resubmit Housing Economics. • Multiple job holding: the artist’s labor supply approach, submitted Applied Economics. • Traditional Excluding Forces: A Review of the Quantitative Literature on the Economic Situation of Indigenous Peoples, Afro-descendants, and People Living with Disability, submitted Journal of Survey Economics. Teaching experience 2000-2007 Summer 1999 1998- 1999 Professor, Universidad ORT Uruguay Industrial Organization and Principles of Economics Summer Instructor, University of Rochester Intermediate Macroeconomics Teaching Assistant, University of Rochester Industrial Organization and Intermediate Macroeconomics Honors 2006 2005 2004 2002 1998-2000 1996-2000 Medal Award Winner, Eight Annual Global Development Conference (GDN), Beijing, China Finalist “Japanese Award for Outstanding Research on Development”, Seventh Annual Global Development Conference (GDN), St Petersburg, Russia. Finalist “Medal for Outstanding Research on Development”, Sixth Annual Global Development Conference (GDN), Dakar, Senegal. National Award in Economics “Profesor Raúl Trajtenberg” (Second Place). Fulbright grantee Department of Economics, University of Rochester Scholarship Languages Spanish: native speaker English: complete fluency iii Hebrew: advanced. CV - Carlos Casacuberta Birth date: Address Telephone : : : Email : 1. Studies 1993-94 1992 22/02/1964 Juan Ma. Gutiérrez 3456 CP 11701, Montevideo Uruguay (598 2) 309 45 68 Office: (598 2) 410 6449 ext 660 [email protected] Master of Science in Economics The London School of Economics and Political Science Economics Degree Facultad de Ciencias Económicas y Administración, Universidad de la República, Montevideo. 2. Research positions 2007 Senior Lecturer dECON, Facultad de Ciencias Sociales, Universidad de la República, Montevideo. 2002 -2006 Lecturer-researcher dECON, Facultad de Ciencias Sociales, Universidad de la República, Montevideo. 2001-2003 Researcher IADB Latin American Network: Market institutions, Labor Markets Dynamics, Growth and Productivity Project 2001 Associate Researcher Human Development Report Project Uruguay 2001. ECLAC - UNDP 3. Research papers 3.1 Refereed Journals Casacuberta, C., and N. Gandelman, , Protection, openness and factor adjustment: evidence form the manufacturing sector in Uruguay. Revise and resubmit, Economic Development and Cultural Change, 2008. Casacuberta, C., N. Gandelman, and R. Soto, Long-Run Growth and Productivity Changes in Uruguay: Evidence from Aggregate and Industry Level Data, 2006. Journal of Development Issues. Vol. 6 No. 2, 2007 iv Casacuberta, C., G. Fachola, and N. Gandelman, Creación, destrucción y reasignación de empleo y capital en la industria manufacturera. Revista de Economía, Banco Central del Uruguay. Vol XII, No.2, November 2005. Casacuberta, C., G. Fachola, and N. Gandelman., The impact of Trade liberalization on employment, capital and productivity dynamics: evidence from the Uruguayan Manufacturing Sector. Journal of Policy Reform, Vol. 7, 4, 2004. Casacuberta, C. and M. Vaillant, Trade and wages in Uruguay in the 1990’s. Revista de Economía, Banco Central del Uruguay. Vol XI, No.2, Noviembre 2004. Bucheli, M. and C. Casacuberta, Asistencia escolar y participación en el mercado de trabajo de los adolescentes en Uruguay. El Trimestre Económico, México, Vol. LXVII (3), julio-setiembre 2000. 3.2 Chapters in books Casacuberta, C., G. Fachola, and N. Gandelman., International exposure, unionization, and market concentration: the effects on factor use and firm’s productivity in Uruguay, in Testing Global interdependence: issues on trade, aid, migration and development; Edward Elgar Publishing, 2007. Bucheli, M. and C. Casacuberta, Incidencia y duración del desempleo, in Uruguay: empleo y protección social: de la crisis al crecimiento, OIT, Santiago de Chile, 2005. Vaillant, M. and C. Casacuberta, Reforma Comercial y mercado de trabajo, Informe de Desarrollo Humano en Uruguay, 2001, CEPAL-PNUD. 3.3 Working papers M. Snoeck, C. Casacuberta, R. Domingo, H. Pastori, and L. Pittaluga, The emergence of new successful export activities in Uruguay, working paper, IADB Research network, forthcoming, 2008. Casacuberta, C., and N. Gandelman, Factor adjustment and imports from China and India: evidence from Uruguayan manufacturing. 2007. Working Paper No. 29/ Universidad ORT Uruguay, ISSN 1510-7477. Casacuberta, C., and N. Gandelman, Multiple job holding: an artist labor supply approach, 2006. Working paper No. 19, 2006, dECON, FCS, 2003 Casacuberta, C., and N. Gandelman, Protection, openness and factor adjustment: evidence form the manufacturing sector in Uruguay World Bank Working Paper Series, 2006. v Casacuberta, C., M. Rossi, and I. Rossi, El arte y el éxito: un matrimonio incómodo. Working paper No. 3, dECON, FCS, 2003. Bucheli, M. and C. Casacuberta, Sobreeducación y prima salarial de los trabajadores con estudios universitarios. Working paper No. 6, dECON, FCS, 2001. 4. Consultancy Reports 2008 Casacuberta, C. and N. Gandelman, Evaluation of a simulation model for the impact of intellectual property legislation on medicines market using Uruguayan public sector data, World bank. 2006 Casacuberta, C., Situación de la vivienda en Uruguay. Informe de divulgación. Módulo de Vivienda, Encuesta Nacional de Hogares Ampliada, Instituto Nacional de Estadística, Uruguay. 2006 Casacuberta, C., and N. Gandelman Déficit habitacional y capacidad de acceso a la vivienda en Uruguay, Ministerio de Vivienda, Ordenamiento Territorial y Medio Ambiente, Uruguay. 2004 Casacuberta, C., An analysis of selected in kind social assistance programs in Uruguay, World Bank. Policy Expenditure Review. 2004 Casacuberta, C. and Soto, R., Long run growth and productivity changes in Uruguay: Evidence from aggregate and plant level data. World bank, Sources of Growth report, 2004 2001 Casacuberta, C. and Roche, H., La protección de la propiedad intelectual y los incentivos a la actividad creativa en Uruguay. www.iniciativalatinoamericana.org/cultura/estudios/01_ponencia_derechos_autor_ec_de_la_cultura .doc 5. Teaching 2006 Associate Professor Labor Economics, Master’s degree in Economics Facultad de Ciencias Económicas y Administración, U de la R 2003-2006 Lecturer Economics II, (2nd. Year, Sociology degree) Facultad de Ciencias Sociales, Universidad de la República, Montevideo 2002-2004 Lecturer Labor Economics, (8o. Semester, Economics degree) Universidad ORT Uruguay. vi CURRICULUM VITAE Héctor Ramiro LACA VIÑA ADDRESS: Rafael Barradas 1515 Montevideo 11500 Uruguay Ph. 00 598 2 601 75 54 Mobile 00 598 99 272 021 @mail: [email protected] PERSONAL DATA Date of birth: Place of birth: Nationality: Marital status: 6 August, 1965. Montevideo, Uruguay. Uruguayan. Married, three children HIGHER EDUCATION Graduate 2003PhD (cand.) in Agribusiness, Massey University, New Zealand. Recipient of a NZ-ODA Scholarship 2002-2003 Master in Management (Agribusiness), Massey University, New Zealand 1996-1997 Master of Science in International Agricultural and Food Marketing University of Newcastle Upon Tyne, United Kingdom. Recipient of a DFID (UK) Scholarship Undergraduate 1988-1995 LANGUAGES Spanish: English: French: Licenciado in Biological Science at the Faculty of Science Universidad de la República Oriental del Uruguay. Mother language. Very good working knowledge -Oxford Examination in English (written) -First Certificate in English Studies -International English Language Testing System (IELTS) Acceptable working knowledge -Certificat D’Etudes Elementaires de Langue Française. vii CURRENT AFFILITION Since December 2006 Coordinator of Institutional Relations University ORT, Uruguay Currently reviewing the PhD thesis Topic: Productivity and efficiency of New Zealand dairy farms. Oral: to be scheduled. PREVIOUS OCCUPATION September 2006 External consultant for CIFRA (Uruguayan consultant firm) in the Project “Perfil de Gobernabilidad en Nicaragua” for the InterAmerican Development Bank November 2005 Seminar at the University of Montevideo (30 hrs) Australia, New Zealand, Uruguay: Comparison of the beef and dairy industry November 2004 - May 2005 International market analyst at the National Meat Board The principal objective was to propose a marketing strategy in order to enhance the comparative advantage and to develop the sustainable competitive advantage of the Uruguayan beef supply chain. Products: • Situation and outlook for livestock and beef in China • Market analysis for beef in Shanghai and it zone of influence • Situation and outlook for livestock and beef in New Zealand July 1994 – December 2001 Technical adviser of the Department of Programming and Agricultural Policy (OPYPA) Ministry of Agriculture. Personal duties: a) Monitoring beef and dairy production b) To prepare situation and outlook reports on livestock, beef and dairy (national and international markets) c) Responsible for monitoring and evaluating the National Milk Quality Program. October 1994 – December 2001 Secretary of the National Milk Board, which aim is to advise the Government in different issues referred to dairy policy viii July 1993 – July 1994 Attaché to the deputy secretary of the Ministry of Education PUBLICATIONS Laca-Viña, H. R. and Bailey, W. C. (2004) “Regional dairy production: short-term projections and expected demand for inputs” Proceedings of the Annual Conference NZ Agricultural and Resource Economics Society, Blenheim, New Zealand, June 2004 Laca-Viña, H. R. (2003) “Uruguay – New Zealand Convergence in Dairy Farm Productivity” Master Management dissertation. Massey University. Supervisor: Prof. William C. Bailey Laca Viña, H. R (2001) “Estructura Productiva de la Ganadería: una década de cambio” (The structure of livestock production: a decade of change) 1er. Congreso Rioplatense de Economía Agraria 24 al 26 de octubre de 2001 – Montevideo, Uruguay. Ilundain, M; Laca Viña, H. R.; Lema, J. (2001) “Evolución de la ganadería vacuna en Uruguay en la década de los ´90” (The evolution of livestock production in Uruguay during the nineties) 1er. Congreso Rioplatense de Economía Agraria 24 al 26 de octubre de 2001 – Montevideo, Uruguay. Laca-Viña, H. R. (1999) “La producción mundial de carne vacuna” (World beef production) Anuario de OPYPA (OPYPA Yearbook) (pg. 275-282) Laca-Viña, H. R (1999) “El Sistema Nacional de Calidad de la Leche” (The Milk Quality System) Anuario de OPYPA (OPYPA Yearbook) Peyrou, J. I.; Preve, J. I. y Laca-Viña, H. R. “Situación Actual y Perspectivas de la Carne Vacuna” (Beef Production: Situation and Outlook) Anuario de OPYPA 1994, 1995, 1997, 1998, 1999 (OPYPA Yearbook, various issues) Laca-Viña, H. R. (1997) “An insight on the Uruguayan Dairy Policy: Some Mercosur effects” Master Science dissertation. University of Newcastle Upon Tyne. Supervisor: Prof. David Harvey ix CURRICULUM VITAE MARCEL VAILLANT 1. Personal data • Name: Marcel Edme Vaillant Alcalde • Date of birth: 21st October 1957, Montevideo-Uruguay • Nationality: Uruguayan. • E-mail:[email protected] 2. Education • 1997-2000- Doctor in Economics, Universitaire Faculteiten Sint Ignatius Antwerpen (Belgium) • 1995-1997- MSc in Economics,. Universidad Pompeu Fabra (Barcelona, Spain) • 1983-1985- MSc in Economics,. Centro de Investigación y Docencia Económicas (Mexico DF, Mexico). • 1976-1982- Bsc Engineer agronomist, Universidad de la República (Montevideo, Uruguay). 3. Present and previous position • 2000-2003/ 2007- Full time Professor International Trade. Responsible of the International Trade and Trade Policy courses in the MSc in International Economics, Department of Economics of the Social Science Faculty, Universidad de la República, Uruguay. • 2004-2006- Economic Consultant in the MERCOSUR Secretariat, Technical Sector. Full time position. • 2001-2003- Director of the Department of Economics of the Social Science Faculty, Universidad de la República Uruguay, see general background of the institution in http://decon.edu.uy. From 1994 until 2000 my previous position was as Coordinator of the International Trade Area in the Department of Economics of the Social Science Faculty, Universidad de la República. • From 1995 until now I was consultant of many governmental agencies in Uruguay (Foreign Affaires Ministry, Economic Ministry, etc) and multilateral institutions (LAIA, IADB, UNCTAD and UNDP). • 1991-1992/1997- Coordinator of nationals chapters of many regional projects developed with ECLAC Office in Santiago de Chile (Citrus in Uruguay, Dairy Sector, Technological policies and industrial innovation, Dairy Cluster in Uruguay). x • 1986-1990- Consultant in ECLAC Office in Montevideo responsible of the project “Dynamic exports sectors in Uruguay”, assistance development project with UNDP support. • 1986-1993-Reasercher and lecturer in International Trade (Research Assistance, Lecturer and Associate Professor in consecutives periods) in the Economics Institute and CEIPOS of the Universidad de la República. 4. Recent participation in regional trade policy programmes • 2007- Consultant of the Trade Policy Division of the Ministerio de Economía in Uruguay “Trade liberalization in services”. • 2005-2006- Regional coordinator of the project: “Strengthen MERCOSUR institutions and consolidation of the regional common market”. It was a technical cooperation programme for the “MERCOSUR Secretariat” developed with the financial support of the IADB. • 2003- Co regional coordinator with Julio Berlinski (Argentina) and Honorio Kume (Brasil) of the MERCOSUR-NET project “Towards a common trade policy in MERCOSUR” with the financial support of IDRC (Canada). • 2001- 2002- Regional coordinator of the MERCOSUR NET Project “MERCOSUR and the creation of the free trade zone of the Americas” with the financial support of the Tinker Foundation (USA). 5. Recent publications (2000-2008) • Vaillant, Marcel, 2008: “¿Por que Uruguay necesita negociar un TLC con Estados Unidos?, Cuadernos del CLAEH, Revista Uruguaya de Ciencias Sociales Número 94-95 (to be republished in Portuguese in the Revista Brasileira do Comercio Exterior). • Vaillant, Marcel, 2007: “Convergencias y divergencias en la integración sudamericana”, Marcel Vaillant, Nº 87 (LC/L.2777-P), Santiago de Chile, Comisión Económica para América Latina y el Caribe (CEPAL), 2007. Publicación de las Naciones Unidas, y a ser republicado por la Revista de Economía y Estadísticas, por la Facultad de Ciencias Económicas de la Universidad Nacional de Córdoba, Argentina. • Moncarz, Pedro y Vaillant, Marcel, 2007: “Measuring the role of MERCOSUR on the Regional Pattern of Import of its Country Members”, GEP Research Paper 07/27, The Leverhulme Centre for Research on Globalisation and Economic Policy, University of Nottingham, England. • Vaillant, Marcel, 2007: “Objetivos, resultados y restricciones de la Negociación Común con Terceros en el MERCOSUR”, en MERCOSUL quinze anos, organizador Rubens A. Barbosa, Fundacao Memorial, Imprensa Oficial, Sao Pablo. • Alvaro Forteza (coordinator), Daniel Buquet, Mario Ibarburu, Jorge Lanzaro, Andrés xi Pereyra, Eduardo Siandra and Marcel Vaillant, 2007: “Pro-Market Reform in Uruguay: Gradual Reform and Political Pluralism”, Global Development Network, Palgrave Mac Millan, USA. • Berlisnki, Julio, Kume, Honorio, Vaillant, Marcel (coordinadores), 2006: ”Hacia una Política Comercial Común”, RED MERCOSUR, Siglo XXI, Buenos Aires. • Vaillant, Marcel, 2006: “Determinants of trade liberalization strategies in Uruguay”, in Domestic Determinants of National Trade Strategies: a comparative analysis of MERCOSUR countries, Chile and México edited Roberto Bouzas, Chaire MERCOSUR, Science Po, Paris. • Vaillant, Marcel, 2005: ”MERCOSUR: regional integration under construction”, Internationale Politics and Society, Herausgegeben von der Friedrich-Ebert-Stiftung, Germany. • Vaillant, Marcel and Fernando Lorenzo, 2005: ”The MERCOSUR and the creation of the Free Trade Zone of the Americas”, Woodrow Wilson Center/RED MERCOSUR, Washington, USA. • Vaillant, Marcel y Caetano, Gerardo, 2005: “¿Que MERCOSUR necesita Uruguay?, ¿Qué Uruguay necesita el MERCOSUR?, Apuntes para entender requerimientos recíprocos, serie Análisis y propuestas de FESUR, Uruguay. • Vaillant, Marcel y Arcuri, Reginaldo, 2004: “Unión Europea América Latina y el Caribe”, Guadalajara 2004, Aportes a la III Cumbre, CELARE, Santiago de Chile. • Vaillant, Marcel and Ventura Díaz Vivianne, 2004: "Trade policy in a small country” in Trade Policy Reform in Latin America, Multilateral Rules and domestic institutions, Miguel F. Lengyel and Vivianne Ventura Dias (eds), Latin American Trade Network., Palgrave Mac Millan. • Vaillant, Marcel, 2004: “Desde la región hacia el mundo un país natural y tecnológico”, en Uruguay, 2005 Propuestas de Política Económica, Ediciones de la Banda Oriental. • Vaillant, Marcel and Carlos Casacuberta, 2004: “Trade and wages in the 90`s”, Revista de Economía del BCU, Vol 11, No 2, Segunda Época, Noviembre. • Vaillant, Marcel, 2003: “Gobierno, bienestar colectivo e intereses particulares: el caso de la reforma comercial en Uruguay”, en Economía Política en el Uruguay, Instituciones y Actores Políticos en el Proceso Económico editores Diego Aboal y Juan Andres Moraes, Instituto de Ciencia Política, Departamento de Economía y CINVE, Editorial Trilce. • Vaillant, Marcel and Bizzozero Lincoln, 2003: “El acuerdo de asociación entre el MERCOSUR y la Unión Europea: una lenta y larga negociación”, Información Comercial Española, Revista de Economía, número 806, abril 2003. • Vaillant, Marcel and Alvaro Ons, 2002: “PTA between European Union and South America: xii The political economy of free trade zones in practice”, The World Economy, Oxford BlackWell Publisher, forthcoming in the next number October, 2002. • Vaillant, Marcel and Nin Alejandro, 2002: “International Coalitions for Agriculture Trade Liberalization”, in Paolo Giordano (ed.), “An integrated approach to the European Union– MERCOSUR Association”, Chaire Mercosur de Sciences Po, 2002; Paris. • Vaillant, Marcel, 2002: “Probable impacto que tendrían los acuerdos con la Unión Europea en el comercio intraregional y en el comercio de los países miembros con los países de Europa”, ALADI/SEC/Estudio 149, Agust, Montevideo. • Vaillant, Marcel, 2002: “Inserción internacional, empleo y desarrollo humano”, Informe de Desarrollo Humano del Uruguay , 2001, UNDP-ECLAC, principal researcher author of chapter I and III, Uruguay. • Vaillant, Marcel, 2001: "Politique commerciale et spécialisation agricole” in a colective book "Vers un accord entre L’Europe et le MERCOSUR", Paolo Giordano, Alfredo Valladao, Marie-Francoise Durand, Edition des Presses de Sciences Po, Paris. • Vaillant, Marcel, 2001: "Impacto del ALCA en el comercio intraregional y en el comercio de los países miembros de la ALADI con Estados Unidos y Canadá", ALADI/SEC/Estudio 139. September, Montevideo. • Vaillant, Marcel, 2001: “Profundización del proceso de integración económica en bienes” in “El desafío de integrarse para crecer, balances y perspectivas del MERCOSUR en su primera década” Daniel Chudnosvky y José María Fanelli (coordinators) with prologue of Enrique Iglesias, RED MERCOSUR, Siglo XXI, BID, Madrid. • Vaillant, Marcel, Terra, Inés y Pastori Hector, 2001: “El caso uruguayo” in "Sobre el beneficio de la integración plena en el MERCOSUR" Julio Berlinski et al, Red MERCOSUR, Siglo XXI, Madrid. • Vaillant, Marcel y Inés Terra, 2001: "Comercio, fronteras políticas y geografía: un enfoque regional de la integración económica" publicado en “Los rostros del MERCOSUR”, Gerónimo de Sierra (compilador), editado por CLACSO, Buenos Aires. • Vaillant, Marcel, 2001: "Cluster lácteo en el Uruguay", en libro colectivo “Apertura económica y (des)encadenamientos productivos, Reflexiones sobre el complejo lácteo en América Latina”, Martíne Dirven (Compiladora) , Edited by ECLAC in Book series, Santiago de Chile. • Vaillant, Marcel, 2000: "Limits to trade liberalisation: a political economy approach", Phd doctoral thesis, tutor Prof. Mathew Tharakan, UFSIA, September, 2000, Belgium. xiii SUSANA L. PICARDO PRATS CV C.I.: C.C.: Date of birth: Birthplace: Address: Telephone: E_mail: 1.103.889-0 B.C.B 56164 (MDEO). December 6, 1947. Montevideo - Uruguay. San Salvador 1893 Montevideo, Uruguay 598 2 410 2324 [email protected] EDUCATION: Public Accountant and Administration Degree University of the Republic, Faculty of Economics and Administration Since 1975 has undertaken specialized courses on planning, implementation, processing and analysis of Economic Research (census and sample surveys) CIENES (Universidad de Chile, IASI OAS) and other national and international institutions. PROFESSIONAL PROFILE: Extensive experience in statistical planning, execution and analysis in activities such as Economic Censuses and Surveys, particularly in the multi-annual economic surveys, including surveys of innovation activities carried out by INE in agreement with DICYT (former DINACYT) for the Manufacturing, Commerce and Services sector, as well as the coordination of economic surveys to units of Free Trade Zones (2005). This experience led her to develop research in economic surveying as detailed in published papers. WORK EXPERIENCE: From 1974 until June 2007 and has worked on advisory and management activities in the INE (National Institute of Statistics) of Uruguay. Since 1997 coordinated or participated in various statistical projects and activities at the National Institute of Statistics and Uruguay, as follows: - Director of the Economic Statistics Division until June 2007 at the National Institute of Statistics of Uruguay (INE) -Head-project Economic Census of 1997 (CEN97). -Project Director in designing the annual survey of economic activity, years 1998 to 2005. xiv -Project Director in designing indicators of changes in manufacturing (Physical volume indicator) to change the reference base period to 2006 = 100, using the new structures from CEN97 and subsequent annual surveys as well as that of the previous base 2002 = 100 Technical Advisor in the design of the new basis of the average wage index based December 2002. Project Director in the design of the new index of wholesale prices for National Products based August 2001. - Director of the project to design a blueprint for change in basis for the index of wholesale prices of imported products (2002). - Coordinating Officer for Uruguay's at first EU-MERCOSUR Project between the EU and MERCOSUR Statistical Institutes for regional harmonization of statistics (2002-2003). OTHER STATISTICAL ACTIVITIES: In 2007 served as a consultant for the survey of consumer prices for Institute for Statistics Denmark. In 2001 and 2002 served as senior researcher in a statistical research on channels and distribution margins of domestic and imported products within the framework of an agreement between the Faculty of Social Sciences and the Central Bank of Uruguay. In 2001 served as a consultant to ECLAC in a study on births and deaths of companies in Uruguay. That same year, undertook consultancy work for the Economic Commission for State Reform (CEPR) with the objective of designing an indicator of price trends in government purchases. In 1999 and 2000 conducted activities as a consultant to ECLAC in two studies: • construction of an indicator of changes in activity by 4-digit ISIC rev2 sector and size in terms of sales strata. • a study to estimate the total payroll from the data of social security agencies by 4-digit ISIC rev2 sector and size in terms of personnel employed. TEACHING: Since 1976 she conducted various educational activities at the Faculty of Economics and administration and at the Faculty of Social Sciences at the University of the Republic of Uruguay, as follows: Since 1994 has been assistant professor (grade 3) in charge of coordinating the database Area of Economics and Economic History of the Faculty of Social Sciences. 1976 to 1982: Assistant in the Statistics workshops of the third year of the Degree in Business Administration and Economics, Faculty of Economic Science. xv Since 1976 he has participated as a teacher in various training courses at the INE and the Uruguayan National Statistical System: -Basic Course of Statistical Techniques (economic and social statistics) -Survey sampling techniques Course (probability and Statistical Inference) -Economic indicators Course -Sample survey planning and design Course (Sample Theory). In the recent training activities of INE (2003-2004) participated as a teacher of economic indicators. WRITTEN WORK: Co-author of a paper analyzing the National Survey on Sports Habits for the Sports Direction, Ministry of Tourism and Sports of Uruguay (March 2006) presented at a workshop in December 2006. Co-author of “Un análisis de las exportaciones directas e indirectas de productos manufacturados” presented at the Conference on the Economy of the Central Bank of Uruguay July 2005. Co-author of “El Uso de Internet en las empresas. El caso uruguayo” presented at the Sixth Workshop on Science and Technology RICyT Buenos Aires from 15 to 17 September 2004. Co-author of "Indicadores de precios para deflactar insumos en la Industria Manufacturera 19801999”. edited by the Faculty of Social Sciences, Department of Economics (document 17/02). Co-author “Índice de Costo de Mano de Obra años 1982 a 1995” edited by the Faculty of Social Sciences, Department of Economics (document nro.1/97 August 1997). Co-author of “Aspectos metodológicos para el usuario de Cuentas Nacionales de Uruguay” edited by the Faculty of Social Sciences, Department of Economics (Note No.5 July 1997). Author of “Introducción a las estadísticas de precios y salarios”, edited by the Faculty of Social Sciences, Department of Economics. (Note 1/94 July 1994). Co-author of "indice de precios de insumos por rama de actividad en la industria uruguaya 19801992” at the seminar "The Industry before the opening 25 and April 26, 1994. Partners in the assembly of a manual codes Products and Supplies Manufacturing Industry. (I.N.E.). xvi