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  • C13  (5)
  • M14  (4)
  • ddc:300
  • Caracas: Editorial Nueva Sociedad
  • A Coruña: Colegio de Economistas de A Coruña
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  • 1
    Publication Date: 2020-02-11
    Description: This article studies the role of technology drivers in catching up at different stages of development. Countries can be at different stages of development when entering in a new catching-up cycle. Thus, the technological drivers of growth [technological capabilities, external spillovers, technological specialization and stability of policies in science and technology] can play different roles to accelerate the rate of growth and change their relative position in the leadership rank (win or lose the run). The empirical results show the building of a 'racing pattern' as countries climb up development stages. At earlier stages, infrastructures and qualification play a major role, while at upper stages, the maintenance of leadership depends on accumlating techno-scientific capabilities to innovate. The article also finds that R&D is crucial at any stage of development, as well as the stability of technology policies.
    Keywords: M12 ; M14 ; ddc:330 ; Database ; business intelligence ; financial information system ; decision making and knowledge base
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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  • 2
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    A Coruña: Colegio de Economistas de A Coruña
    Publication Date: 2019-02-14
    Description: The estimation of the holding periods of financial products has to be done in a dynamic process in which the size of the observation time interval influences the result. Small intervals will produce smaller average holding periods than bigger ones. The approach developed in this paper offers the possibility of estimating this average independently of the size of this time interval. This method is demonstrated on the example of two distributions, based on the exponential and the geometric probability functions. The estimation will be found by maximizing the likelihood function. The two examples will finally be applied to the financial instrument Exchange Traded Fund (ETF). The analysis contains ETFs with leverage factors of -2, -1, +1 and +2. Although different ETFs are treated, the majority of the data is concerned with the 'db x-tracker ShortDAX ETF', 'db x-trackers DAX ETF', 'iShares DAX (DE)' and the 'Lyxor ETF LevDAX'. By the application of the proposed estimation approaches, the average holding periods of ETFs increase by 4%-29%. This increase depends on the time interval T of observation, the leverage factor, and the average holding period.
    Keywords: G23 ; G24 ; C13 ; C20 ; C41 ; C46 ; ddc:330 ; Holding periods ; Duration ; Exponential distribution ; Geometric Distribution ; Sampling ; Maximum Likelihood estimation ; Short and Leveraged Exchange-Traded Funds (ETFs)
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: English
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  • 3
    Publication Date: 2019-02-14
    Description: In this research are analyzed, from the perspective of the diseconomies of agglomeration, the effects of environmental pollution in related diseases in the Metropolitan Zone of the Valley of Mexico (ZMVM). Spatial econometrics is used to verify the increasing effects of air pollution on the spatial distribution of deaths in the ZMVM in 2010. The results obtained allow to establish that there is a positive and significant spatial relationship of the pollutant emissions PM10, PM2.5, SO2, CO, NOx, COT and COV in the number of deaths in the ZMVM, especially in ischemic heart diseases. Also, the evidence obtained shows that in acute myocardial infarctions there is no direct relationship with air pollutants.
    Keywords: C13 ; D63 ; E32 ; Q51 ; I10 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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  • 4
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    A Coruña: Colegio de Economistas de A Coruña
    Publication Date: 2019-02-14
    Description: The maximization of profit as the main objective of companies is being criticized from different forums, advocating for an economic system in which the achievement of social sustainability will play a leading role. In the banking sector, after the outbreak of the crisis in 2008, financial bailouts that have used public funds to save various entities have provoked a current of opinion about the necessary social role that banking companies must develop. In this article, a case study is carried out analyzing the role of Corporate Social Responsibility (CSR) in ABANCA, the financial institution with the largest presence in Galicia (northwest Spain), which has been rescued with public money, Identifying a series of objectives and actions carried out by said entity. The analyzes carried out show, among others, the importance of trust and transparency, as well as attention to intangibles.
    Keywords: G30 ; G38 ; L21 ; M14 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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  • 5
    Publication Date: 2016-09-24
    Description: The Protocol for Socially Responsible Territory is the result of a local sustainability management experience, which has demonstrated the importance of public administration in social innovation. This article describes the process through which such protocol was obtained, its characteristics and its principles as well as the strengths that this protocol offers. The definition of Socially Responsible Territory (TSR) is presented as a contribution to the theoretical development of a new research area, whose prospects are favored by the potential practical effects on public and corporate alliances locally. This protocol offers competitive advantages to governments who are preparing to seize the opportunities from the Europe 2020 Strategy for Growth.
    Keywords: M14 ; R58 ; R11 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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  • 6
    Publication Date: 2016-09-24
    Description: Migration movements in the south border of México with Guatemala, has motivated serious social, economic and politic un-stability in both countries. During the last decades of the XX-th century, the sites of the south zone have become in zones with high violence indexes, delinquency and migration, instead of being only riches tropical forests. A sample was selected using the connections among the migrants present in the studied zone. We used Correspondence Analysis for establishing graphically , the dependence and interdependence relations among the categorical variables using a contingency table, enhancing the identification of the relation of the structure, similarity and dissimilarity, proximity or farthermost among objects/individuals and attributes.. This technique allowed developing an analysis between origin-destiny of the migrants, with respect to the indexes considered in this study.
    Keywords: J61 ; C13 ; C21 ; ddc:330 ; International Migration ; Immigration ; Sampling graphs ; Analysis of Correspondence
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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  • 7
    Publication Date: 2016-09-24
    Description: Financial markets currently offer various investment alternatives, including a variety of assets, which are differentiated by the level of profitability, liquidity, volatility and trading volume associated with them, among other characteristics of the market; it which implies that investors use various tools to choose optimal investments incurring a level of risk. Given the above, this paper presents a model of efficient portfolio optimization based on Markowitz's theory, using EWMA methodology for the calculation of portfolio risk.
    Keywords: G11 ; C13 ; ddc:330 ; optimal portfolio ; Markowitz theory ; efficient frontier ; risk ; EWMA (Exponentially Weighted Moving Average) ; variance-covariance matrix
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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  • 8
    Publication Date: 2018-07-03
    Description: The personal features involved in the incorporation into the labour force are studied, together with how this incorporation is carried out in Galicia. Three logistic regression models are built with this purpose. The first one is an economical activity model, where the probability that a person of working age will be economically active is estimated. The second one is an employment model, where the goal of estimation is the probability that an economically active person will become employed. The last model is a hired hand employment model, which is focused on the probability that an employed person will become a hired hand worker. It is obtained from the empirical analysis that sex is the most relevant feature, and that the effect coming from other variables on the probabilities under study, also depends on sex.
    Keywords: C13 ; C25 ; J01 ; J23 ; J71 ; ddc:330 ; Erwerbstätigkeit ; Geschlecht ; Galicien (Spanien)
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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  • 9
    Publication Date: 2018-07-03
    Description: Corporate social responsibility (CSR) meaning the active and voluntary contribution of firms to enhance welfare, is achieving a greater importance in Business administration as an intangible asset which management generates competitive advantages and promotes sustainable development. This work indentifies similarities between CSR management and Intellectual Capital management, this one meant as those activities which help us to manage the knowledge of the firm. Our aim is that firms understand the importance of considering CSR as a corporate strategy that enhances the value of the organization, and that they become conscious about its efficiency and efficacy.
    Keywords: M12 ; M14 ; M15 ; M48 ; ddc:330
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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  • 10
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    Caracas: Editorial Nueva Sociedad
    Publication Date: 2015-12-30
    Keywords: ddc:300 ; Luftreinhaltung ; Umweltpolitik ; Europa
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
    Type: doc-type:bookPart
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  • 11
    Publication Date: 2015-12-30
    Keywords: ddc:300 ; Luftreinhaltung ; Umweltpolitik ; Analyse
    Repository Name: EconStor: OA server of the German National Library of Economics - Leibniz Information Centre for Economics
    Language: Spanish
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