Suchergebnisse

La internacionalización de los procesos de fabricación está obligando a realizar estudios exhaustivos que aporten información precisa sobre el posicionamiento comercial de los países. En este artículo se analiza una parcela importante del reciente paradigma aflorado con las Cadenas Globales de Valor (CGV) y el nivel de participación de los países pertenecientes a la UE. El estudio engloba tanto aspectos logísticos como los económicos propios de cada Estado miembro. Los resultados revelan que aquellos países cuya exportación de valor añadido tiene mayor peso en su nivel de participación en las CGV precisan de mayor desarrollo logístico y económico que aquellos cuya importación de inputs es más relevante ; The internationalization of the manufacturing processes is forcing us to carry out exhaustive studies that provide precise information on the commercial positioning of the countries. This paper analyses an important part of the recent paradigm emerging with the Global Value Chains (GVC) and the level of participation of EU countries. The study covers both logistical and economic aspects specific to each Member State. The results reveal that those countries whose exports of added value have a greater weight in their level of participation in the GVC require greater logistical and economic development than those whose Imports of inputs are more relevant

[EN] Nowadays, production chains may cross the borders of several continents in search of greater profitability. In order to more accurately calculate countries¿ foreign demand, value-added exports should be used rather than gross exports. This study takes the value-added exports calculated for European Union countries and uses extended gravity models to analyze the determinants of this trade, differentiating between countries according to the main destinations for their value-added, USA, Russia and China. The results reveal certain changes according to the economic period analyzed and the destination of the goods, with respect to key variables such as the wealth of the exporting country, the level of logistics performance and distance. In 2014, China registered an improvement in its position compared to Russia. ; Martí Selva, ML.; Puertas Medina, RM. (2020). Emerging Countries as the Main Destinations for European Value-Added Exports. Emerging Markets Journal. 10(2):26-35. https://doi.org/10.5195/emaj.2020.205 ; S ; 26 ; 35 ; 10 ; 2

26 35 10 2 ; S ; [EN] Nowadays, production chains may cross the borders of several continents in search of greater profitability. In order to more accurately calculate countries¿ foreign demand, value-added exports should be used rather than gross exports. This study takes the value-added exports calculated for European Union countries and uses extended gravity models to analyze the determinants of this trade, differentiating between countries according to the main destinations for their value-added, USA, Russia and China. The results reveal certain changes according to the economic period analyzed and the destination of the goods, with respect to key variables such as the wealth of the exporting country, the level of logistics performance and distance. In 2014, China registered an improvement in its position compared to Russia. Martí Selva, ML.; Puertas Medina, RM. (2020). Emerging Countries as the Main Destinations for European Value-Added Exports. Emerging Markets Journal. 10(2):26-35. https://doi.org/10.5195/emaj.2020.205

[ES] La internacionalización de los procesos de fabricación está obligando a realizar estudios exhaustivos que aporten información precisa sobre el posicionamiento comercial de los países. En este artículo se analiza una parcela importante del reciente paradigma aflorado con las Cadenas Globales de Valor (CGV) y el nivel de participación de los países pertenecientes a la UE. El estudio engloba tanto aspectos logísticos como los económicos propios de cada Estado miembro. Los resultados revelan que aquellos países cuya exportación de valor añadido tiene mayor peso en su nivel de participación en las CGV precisan de mayor desarrollo logístico y económico que aquellos cuya importación de inputs es más relevante ; [EN] The internationalization of the manufacturing processes is forcing us to carry out exhaustive studies that provide precise information on the commercial positioning of the countries. This paper analyses an important part of the recent paradigm emerging with the Global Value Chains (GVC) and the level of participation of EU countries. The study covers both logistical and economic aspects specific to each Member State. The results reveal that those countries whose exports of added value have a greater weight in their level of participation in the GVC require greater logistical and economic development than those whose imports of inputs are more relevant. ; Puertas Medina, RM.; Martí Selva, ML. (2019). Participación de la unión europea en las cadenas globales de valor: vinculación logística y económica. Revista de Economía Mundial. 51:187-206. http://hdl.handle.net/10251/157583 ; S ; 187 ; 206 ; 51

[EN] The aim of this paper is to analyse the determining factors of trade costs in the top European exporting nations (Germany, United Kingdom, Italy, France, Netherlands, Belgium, Spain and Sweden). For this purpose, we have estimated a trade costs equation to evaluate the importance of logistical performance and other variables that may be key in determining trade costs. Our results reveal the great importance of logistics, even greater than the effect of distance on trade costs, and they also show that in those countries where trade costs are lower, logistics becomes more decisive in international trade. This analysis allows one to draw conclusions on the type of improvements necessary for cost reductions and, therefore, for greater international competitiveness. The research has been conducted for 2 years, thus facilitating the detection of possible changes that can in turn reveal the existence of a trade pattern in these countries. ; Martí Selva, ML.; Puertas Medina, RM. (2019). Factors determining the trade costs of major European exporters. Maritime Economics & Logistics. 21(3):324-333. https://doi.org/10.1057/s41278-017-0093-5 ; S ; 324 ; 333 ; 21 ; 3 ; Anderson, J.E., and E. van Wincoop. 2003. Gravity with gravitas: A solution to the border puzzle. American Economic Review 93 (1): 70–192. ; Arvis, J.F., Duval, Y., Shepherd, B., and Utoktham, C. 2013. Trade costs in the developing world 1995-2010, working paper, The World Bank. Poverty Reduction and Economic Management Network. International Trade Department No. 6309. ; Chen, N., and D. Novy. 2011. Gravity, trade integration, and heterogeneity across industries. Journal of International Economics 85 (2): 206–221. ; Clark, X., D. David, and A. Micco. 2004. Port efficiency, maritime transport cost, and bilateral trade. Journal of Development Economics 75 (2): 417–450. ; Duval, Y., C. Utoktham. 2011. Intraregional trade costs in Asia: A primer. Asia-Pacific Development Journal, United Nations Economic and Social Commission for Asia and the Pacific ...

[EN] The publication of the last TIMSS' report (2017) embosses the necessity to keep performing studies that value comparatively the patterns followed by different countries, to introduce improvements that mean developments on the learning systems. Educational politics need data to fundament their positions on changes that will facilitate the professional and social development of the population. The objective of the article is to perform a comparative study of the educative efficiency of countries from two very cultural separated continents but with formative qualifications, in occasions, very nearby. Primarily, there will be obtained the levels of efficiency in mathematics and science between only European countries, and in continuation, the sample will be enlarged with Asian countries to check which one of these highlights against the Europeans. The empirical analysis will be performed through the technic DEA from TIMSS corresponding to 2015. The results show pretty high efficiency levels on the simple of European countries, therefore, with Little effort they could reach the maximum level. England, Russia and Norway highlight as countries completely efficient on both subjects and analyzed degrees. When introducing on the analysis the Asian countries, the variability of the simple increases and only Norway and England are capable of competing and keeping themselves on the maximum levels of efficiency besides the Asians placed on the first positions of TIMSS, such as Singapore or Korea. Therefore, in some countries coincidences between the TIMSS valuations and the efficiency level obtained are accomplished, such as Russia, Korea, England, Japan, Singapore or Hong Kong. Nevertheless, other not so well valued countries obtain high efficiency levels, proving the necessity to increase the use of inputs to improve the academic performance, like in the case of Kuwait ; [ES] La publicación del último informe de TIMSS (2017) pone de relieve la necesidad de seguir realizando estudios que valoren comparativamente los ...

45 74 380 ; S ; [EN] The publication of the last TIMSS' report (2017) embosses the necessity to keep performing studies that value comparatively the patterns followed by different countries, to introduce improvements that mean developments on the learning systems. Educational politics need data to fundament their positions on changes that will facilitate the professional and social development of the population. The objective of the article is to perform a comparative study of the educative efficiency of countries from two very cultural separated continents but with formative qualifications, in occasions, very nearby. Primarily, there will be obtained the levels of efficiency in mathematics and science between only European countries, and in continuation, the sample will be enlarged with Asian countries to check which one of these highlights against the Europeans. The empirical analysis will be performed through the technic DEA from TIMSS corresponding to 2015. The results show pretty high efficiency levels on the simple of European countries, therefore, with Little effort they could reach the maximum level. England, Russia and Norway highlight as countries completely efficient on both subjects and analyzed degrees. When introducing on the analysis the Asian countries, the variability of the simple increases and only Norway and England are capable of competing and keeping themselves on the maximum levels of efficiency besides the Asians placed on the first positions of TIMSS, such as Singapore or Korea. Therefore, in some countries coincidences between the TIMSS valuations and the efficiency level obtained are accomplished, such as Russia, Korea, England, Japan, Singapore or Hong Kong. Nevertheless, other not so well valued countries obtain high efficiency levels, proving the necessity to increase the use of inputs to improve the academic performance, like in the case of Kuwait ; [ES] La publicación del último informe de TIMSS (2017) pone de relieve la necesidad de seguir realizando estudios que valoren ...

We are glad to announce the 1st International Conference on Business Management "New Challenges in Business Research" that will be held in the Faculty of Business Management and Administration of the Universitat Politècnica de València (Valencia, Spain) on 2nd – 3rd of July, 2015. The aim of the conference is to give researchers the opportunity to get together and present unpublished and relevant research studies about different topics on business management and economics. We believe this will be an excellent forum to share knowledge, exchange experiences, and meet colleagues in a friendly environment. ; Calafat Marzal, MC.; Martí Selva, ML. (2015). 1st International Conference on Business Management - "New Challenges in Business Research". Editorial Universitat Politècnica de València. http://hdl.handle.net/10251/57770 ; Archivo delegado

La publicación contiene las comunicaciones completas, comunicaciones orales y pósters presentados en las jornadas ; Desde la Facultad de ADE se trata de impulsar y activar acciones que puedan contribuir a la investigación y por tanto a la mejora de la calidad docente y que consigan estimular a los alumnos. Es por ello que mediante la "I Jornada de Investigación de la Facultad de Administración y Dirección de Empresas" se pretende crear un punto de encuentro de análisis, investigación y metodologías docentes que permita a los profesores compartir experiencias y conocer como se trabaja en ámbitos diferentes al suyo. ; Martí Selva, ML.; Calafat Marzal, MC. (2014). I Jornadas de Investigación de la Facultad de ADE. Editorial Universitat Politècnica de València. http://hdl.handle.net/10251/43966

[EN] The aim of this paper is to identify the determinants of the rating assigned to sub-sovereigns in Germany, Austria, Belgium, France, Italy and Spain, using a total of 92 territorial entities for the 1989-2012 period. Multinomial ordered probit estimation models were estimated for each specification and agency. We conclude that the country s rating is one of the most important determinants of regional governments ratings with a positive influence, as expected, and that the country debt/GDP ratio is a stronger determinant for regions than their own indebtedness with a negative sign. Other relevant variables are population growth rate, unemployment rate, elderly people weight, regional public expenditure weight and size. Additionally, economic variables, country s rating and population growth are more important to Fitch; whereas budget variables and size variables are more relevant to Moody s. Debt variables and elderly people ratio, are more important to S&P. ; Jannone-Bellot, N.; Martí Selva, ML.; Garcia-Menendez, L. (2017). Determinants of sub-sovereign government ratings in Europe. Transylvanian Review of Administrative Sciences. (50E):110-126. doi:10.24193/tras.2017.0007 ; S ; 110 ; 126 ; 50E

[EN] The aim of this paper is to analyse the determinants of sub-central government debt in Europe (Italy, France, Austria, Germany, Belgium and Spain) through estimation for each State based on corresponding panel data from 1996 to 2010. Furthermore, we estimate the debt model using a joint sample, consolidating conclusions on the most influential variables in terms of public debt. A comparative analysis of institutional frameworks in Europe shows that relationships between central and sub-central tax authorities have common traits, although the extent of change in each country remains unknown. In sum, this study shows that sub-sovereign government budgets are counter-cyclical, that economies of scale are present, which the golden rule of public finance is followed, that population growth and lower per capita financing lead to higher debt levels, and that regions characterised by higher debt/GDP ratios tend to have lower future deficits. ; Jannone Bellot, N.; Martí Selva, ML.; García Menéndez, L. (2017). Determinants of sub-central European government debt. The Spanish Review of Financial Economics. 15(2):52-62. doi:10.1016/j.srfe.2017.04.001 ; S ; 52 ; 62 ; 15 ; 2

[EN] This paper identifies the factors that affect the spread of fixed and variable type bonds in the primary and secondary markets issued by sub-sovereign European governments. The analyses of both markets will be done separately to compare whether the determinants in the primary market coincide with those in the secondary market. The analyses will examine the period between February 2008 and December 2013 using data panel estimations. The conclusions are that both markets are approximately identical behavior and the signs of the variables matched what was expected in nearly every case. Also, we concluded that the most important in determining the spread sub-sovereign variable is the spread of the sovereign state. ; [ES] El articulo identifica los factores que afectan al spread de los bonos de tipo fijo y variable en los Mercados primarios y secundarios, emitidos por los gobiernos subsoberanos europeos. El análisis de ambos mercados será realizado por separado para comparar si los determinantes en el Mercado primario coincide con los del secundario. El analisis examinará el periodo comprendido entre febrero de 2008 y diciembre de 2013 utilizando una estimación por datos panel. Se concluye que ambos mercados tienen aproximadamente comportamientos idénticos y los signos de las variables coinciden con los esperados en la mayoría de los casos. ; Jannone Bellot, N.; Martí Selva, ML.; García Menéndez, L. (2017). Spreads of bonds issued by sub-sovereign European governments. Journal of Innovation & Knowledge. 2(3):146-154. doi:10.1016/j.jik.2016.10.002 ; S ; 146 ; 154 ; 2 ; 3

This article aims to analyse the importance of logistics performance in European Union (EU) exports over a sample period in order to detect possible advances on behalf of Member States. We will estimate several gravity equations using the Logistics Performance Index (LPI) and its components as characteristic proxy variables of trade facilitation. In order to avoid the possible heterogeneity caused by sample bias, we will employ the two-stage model proposed by Heckman. The estimations of the gravity models using the two-stage Heckman model for 26 EU countries lead to the conclusion that logistics were more important for exporting nations than importing nations in both 2005 and 2010, reinforcing the interest in the exporter side of the paper. In reference to the components of the LPI, Competence and Tracking have acquired greater importance in recent years, in keeping with the weak domestic demand in European countries and their search for new international markets. ; Puertas Medina, RM.; Martí Selva, ML.; Garcia Menendez, L. (2013). LOGISTICS PERFORMANCE AND EXPORT COMPETITIVENESS: EUROPEAN EXPERIENCE. Empirica. 1-14. doi:10.1007/s10663-013-9241-z ; S ; 1 ; 14 ; Anderson JE (1979) A theorical foundation to the gravity equation. Am Econ Rev 69: 106–116 http://www.jstor.org/stable/1802501 ; Anderson J, Van Wincoop E (2003) Gravity with gravitas: a solution to the border puzzle. Am Econ Rev 93:170–192. doi:10.1257/000282803321455214 ; Arvis JF, Mustra M, Ojala L, Shepherd B, Saslavsky D (2007) Connecting to compete: trade logistics in the global economy. World Bank, Washington ; Arvis JF, Mustra M, Panzer J, Ojala L, Naula T (2010) Connecting to compete: trade logistics in the global economy. World Bank, Washington ; Arvis JF, Mustra M, Ojala L, Shepherd B, Saslavsky D (2012) Connecting to compete: trade logistics in the global economy. World Bank, Washington ; Behar A, Manner P (2008) Logistics and exports. African economics working paper series 293. CSAE WPS/2008-13. University of Oxford, Oxford ; Behar A, ...

[EN] The elimination of trade contingency measures in 2005 triggered a process of renewal in the textile sector, requiring major investments. The divide between efficiency and innovation has become an issue of major importance for decision-making in the Spanish textile sector. This study provides quantitative data on the efficiency levels of innovative Spanish textile companies. The aim is to identify their distinguishing features and establish a possible pattern to follow. In addition, truncated regression is used to estimate the determinants of efficiency, in order to check the significance of innovation processes for firms. ; Puertas Medina, RM.; Martí Selva, ML.; Calafat Marzal, MC. (2020). An analysis of innovation in textile companies: an efficiency approach. Bulletin of Economic Research (Online). 72(1):63-76. https://doi.org/10.1111/boer.12210 ; S ; 63 ; 76 ; 72 ; 1 ; Banker, R. D., Charnes, A., & Cooper, W. W. (1984). Some Models for Estimating Technical and Scale Inefficiencies in Data Envelopment Analysis. Management Science, 30(9), 1078-1092. doi:10.1287/mnsc.30.9.1078 ; Bastos F. &Nasir J.(2004).Productivity and the investment climate: What matters most?World Bank Policy Research Working Paper3335. ; Becker, S. O., & Egger, P. H. (2009). Endogenous product versus process innovation and a firm's propensity to export. Empirical Economics, 44(1), 329-354. doi:10.1007/s00181-009-0322-6 ; Beneito, P., Coscollá-Girona, P., Rochina-Barrachina, M. E., & Sanchis, A. (2015). Competitive Pressure and Innovation at the Firm Level. The Journal of Industrial Economics, 63(3), 422-457. doi:10.1111/joie.12079 ; Bhandari, A. K., & Ray, S. C. (2011). TECHNICAL EFFICIENCY IN THE INDIAN TEXTILES INDUSTRY: A NON-PARAMETRIC ANALYSIS OF FIRM-LEVEL DATA. Bulletin of Economic Research, 64(1), 109-124. doi:10.1111/j.1467-8586.2010.00381.x ; Cassiman, B., Golovko, E., & Martínez-Ros, E. (2010). Innovation, exports and productivity. International Journal of Industrial Organization, 28(4), 372-376. ...

[ES] El objetivo de este estudio es analizar la eficacia de las granjas ganaderas en la Comunidad Valenciana, en particular en el caso del porcino y las aves de engorde, que actualmente aportan el mayor peso económico al PIB agrícola de la Comunidad. Mediante la creación de una función de producción representativa de las asignaciones existentes en la granja y utilizando el Análisis Envolvente de Datos, se determinarán las granjas que alcanzan un nivel óptimo de producción en ausencia de ineficiencias. Los resultados obtenidos en este estudio confirman que los sectores porcino y avícola de la Comunidad Valenciana tienen un potencial significativo de mejora. El número de granjas situadas en el umbral de eficiencia es bajo para ambas especies, especialmente cerdos, donde solo el 5,11% de las granjas analizadas son completamente eficientes. Una comparación de los sectores avícola y porcino revela que los problemas ambientales que rodean a la industria porcina también podrían ser una de las causas de la deficiente gestión económica. ; [EN] The aim of this study is to analyse the efficiency of livestock farms in the Valencian community, particularly for pig and poultry, which currently are the main contributors to the agricultural GDP of the Community. By creating a production function representative of the existing allocations on farm and using Data Envelopment Analysis, the farms that reach an optimal level of production in the absence of inefficiencies will be identified. The results obtained in this study confirm that the pig and poultry sectors of the Valencian Community have significant potential for improvement. The number of farms situated at the threshold of efficiency is low for both species, especially pigs, where only 5.11% of the analysed farms are completely efficient. A comparison of the poultry and pig sectors reveals that the environmental problems surrounding the pig industry could also be one of the causes of deficient economic management ; Calafat Marzal, MC.; Martí Selva, ML.; Puertas Medina, RM. ...