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Browsing Centros UC by browse.metadata.categoriaods "08 Trabajo decente y crecimiento económico"

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    Riots and subways, a relationship moderated by the neighborhood's income level
    (2022) Cartes, Carlos; Asahi Kodama, Kenzo Javier; Fernández, Rodrigo; CEDEUS (Chile)
    Social disturbances due to socioeconomic and political factors received media attention during 2019 in places like France, Hong Kong, Chile, Nigeria, Sudan, Haiti, and Lebanon. In October 2019, Chile saw massive demonstrations in the capital city of Santiago. The cost of damage to infrastructure during the first month of unrest was estimated at US$ 4.6 billion, and the cost to the Chilean economy was about US$ 3 billion, 1.1% of its Gross Domestic Product. This study analyzes how the topology of the public transport network affected the locations of the 2019 riots in Santiago. On average, we find a clear association between proximity to the subway network and riot density. This association is significant only in neighborhoods with residents in the highest and lowest income quartiles. As a result, when analyzing social unrest and the critical role of public transport, policymakers should also consider the crucial role of income.
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    The effect of COVID-19 on the economy: Evidence from an early adopter of localized lockdowns
    (2021) Asahi Kodama, Kenzo Javier; Undurraga Fourcade, Eduardo Andrés; Valdés, Rodrigo O.; Wagner, Rodrigo; CEDEUS (Chile)
    Background: Governments worldwide have implemented large-scale non-pharmaceutical interventions, such as social distancing or school closures, to prevent and control the growth of the COVID-19 pandemic. These strategies, implemented with varying stringency, have imposed substantial social and economic costs to society. As some countries begin to reopen and ease mobility restrictions, lockdowns in smaller geographic areas are increasingly considered an attractive policy intervention to mitigate societal costs while controlling epidemic growth. Nevertheless, there is a lack of empirical evidence to support these decisions. Methods: Drawing from a rich data set of localized lockdowns in Chile, we used econometric methods to measure the reduction in local economic activity from lockdowns when applied to smaller or larger geographical areas. We measured economic activity by tax collection at the municipality-level. Results: Our results show that lockdowns were associated with a 10%-15% drop in local economic activity, which is twice the reduction in local economic activity suffered by municipalities that were not under lockdown. A three-to-four-month lockdown had a similar effect on economic activity than a year of the 2009 great recession. We found costs are proportional to the population under lockdown, without differences when lockdowns were measured at the municipality or citywide levels. Conclusions: Our findings suggest that localized lockdowns have a large effect on local economic activity, but these effects are proportional to the population under lockdown. Our results suggest that epidemiological criteria should guide decisions about the optimal size of lockdown areas since the proportional impact of lockdowns on the economy seems to be unchanged by scale.