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Showing papers in "Atlantic Review of Economics in 2015"


Journal Article
TL;DR: The Protocol for Socially Responsible Territory (TSR) as mentioned in this paper is the result of a local sustainability management experience, which has demonstrated the importance of public administration in social innovation, and it 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.
Abstract: espanolEl protocolo Para el Territorio Socialmente Responsable® es el resultado de una experiencia de gestion local sostenible que ha demostrado la importancia de la administracion publica en la innovacion social. Este articulo describe el proceso a traves del cual se obtuvo dicho protocolo, sus caracteristicas y principios, asi como las ventajas que ofrece. Se presenta la definicion de Territorio Socialmente Responsable (TSR) como contribucion al desarrollo teorico de una incipiente area de investigacion, cuyas perspectivas se ven favorecidas por los potenciales efectos practicos sobre las alianzas publicas y empresariales a nivel local. Dicho protocolo ofrece ventajas competitivas a las administraciones publicas que se preparan para aprovechar las oportunidades que platea la estrategia de crecimiento Europa 2020. EnglishThe 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.

4 citations


Journal Article
TL;DR: The authors analyzes the link between the current account and the terms of trade, in the case of Argentina's economy, using SVAR models with long-term restrictions and annual data covering the period 1986-2014.
Abstract: espanolEste trabajo analiza el vinculo entre la cuenta corriente y los terminos del intercambio, en el caso de la economia argentina. Se emplean modelos de SVAR, con restricciones de largo plazo, y datos anuales que cubren el periodo 1986-2014. Las funciones de respuesta sugieren una reaccion positiva de la cuenta corriente ante choques en los terminos del intercambio (corto plazo), avalando la existencia del efecto Harberger-Laursen-Metzler (HLM), mientras que el analisis de varianza muestra que los terminos del intercambio explican alrededor de un 18% de la varianza de la cuenta corriente, resultado similar al de otros paises en desarrollo. EnglishThis paper analyzes the link between the current account and the terms of trade, in the case of Argentina's economy. SVAR models with long-term restrictions and annual data covering the period 1986-2014 are used. The response functions suggest a positive reaction from the current account to shocks in the terms of trade (short term), supporting the existence of the Harberger-Laursen-Metzler (HLM) effect, while variance decomposition shows that the terms of trade account for about 18% of the variance of the current account, result similar to other developing countries

2 citations


Journal Article
TL;DR: In this article, the authors evaluated the effect of institutional investors on the financial statements of the predictive value of listed companies in Tehran Stock Exchange and found that institutional investors in ownership instruction is the main mechanism in improvement of financial statements.
Abstract: espanolEl proposito de este estudio es evaluar el efecto de los inversores institucionales de los estados financieros del valor predictivo de las sociedades cotizadas en la Bolsa de Valores de Teheran. De acuerdo con los propietarios de los inversores institucionales y profesionales, su presencia puede causar administracion de monitor. Esto puede conducir a la rentabilidad en lugar de centrarse en los objetivos a corto plazo, de acuerdo con la maximizacion del valor a largo plazo de la compania. El periodo de estudio es de 2006 a 2010 y se seleccionaron 85 empresas para probar la hipotesis. La metodologia basada en la finalidad de esta investigacion , se aplica y se basa en la correlacion entre las variables y la investigacion de correlacion. Antes de la prueba de hipotesis y ensayos para comprobar la validez de anisotropia varianza de datos, se discutio el test de Chow y la prueba de Hausman. El resultado de la estadistica con el uso de datos de combinacion muestra que los inversores institucionales en la instruccion la propiedad se determina como la mayoria mecanismo principal en la mejora de los estados financieros. EnglishThe purpose of this study is to evaluate the effect of institutional investors on the financial statements of the predictive value of listed companies in Tehran Stock Exchange. According to the owners of institutional and professional investors, their presence may cause monitor management. This can lead to profitability rather than focusing on short-term goals, according to the company's long-term value maximization. The study period is from 2006 to 2010 and 85 companies were selected to test the hypothesis. The methodology based on purpose of this research, is applied and based on the correlation between variables is correlation research. Before hypothesis testing and tests to check the validity of data variance anisotropy, Chow test and Hausman test was discussed. The result of statistics with use of combination data shows that institutional investors in ownership instruction is determined as most main mechanism in improvement of financial statements.

1 citations


Journal Article
TL;DR: In this article, the authors study the effects of economic globalization on the firm's stock that is measured by the index of the stock market by using panel data in selected countries in Asia (Iran, Saudi Arabia, India, China, Singapore, Malaysia, Indonesia, South Korea, Russia, Pakistan, Philippines, Sri Lanka).
Abstract: espanolEste estudio tiene como objetivo estudiar los efectos de la globalizacion economica sobre las acciones de la empresa que se mide por el indice del mercado de valores mediante el uso de datos de panel en paises seleccionados de Asia ( Iran, Arabia Saudita , India, China , Singapur , Malasia , Indonesia, Sur Corea, Rusia , Pakistan , Filipinas , Sri Lanka ) durante 1997- pruebas de raiz 2013 Unidad indican que las variables son estacionarias en el nivel Los resultados de la prueba F , pruebas Breusch - Pagan y Hausman muestran que los efectos fijos unilaterales deben aplicarse Los resultados muestran que la globalizacion economica mejora significativamente el indice del mercado de valores Por otra parte el efecto positivo y significativo sobre las acciones de la empresa depende de la globalizacion politica y variable ficticia , sin embargo el efecto negativo y significativo esta relacionado con la tasa de crecimiento del gasto publico , el tipo de cambio y los efectos de la interaccion de la economia EnglishThis study aims to survey the effects of economic globalization on the firm’s stock that is measured by the index of the stock market by using panel data in selected countries in Asia (Iran, Saudi Arabia, India, China, Singapore, Malaysia, Indonesia, South Korea, Russia, Pakistan, Philippines, Sri Lanka) during 1997- 2013 Unit root tests indicate that the variables are stationary on the level The results of F-test, Breusch-Pagan and Hausman tests show that the unilateral fixed effects must be applied The results show that the economic globalization significantly improves stock market index Moreover the positive and significant effect on the firm’s stock depend on political globalization and dummy variable, however the negative and significant effect is related to the growth rate of government expenditure, the exchange rate and the interaction effects of economy

1 citations


Journal ArticleDOI
TL;DR: In this article, an overlapping generation model along the lines of the papers by Fanti and Gori (2008) was proposed to study the effect of demographic shocks on the level pension respectively in the PAYG and funded system within the context of increased life expectancy at long run.
Abstract: espanolEn este trabajo se propone un modelo de generacion de superposicion en la linea de los trabajos de Fanti y Gori ( 2008 ) . Su objetivo es estudiar el efecto de los shocks demograficos sobre la pension nivel , respectivamente, en el reparto y sistema de capitalizacion en el contexto del aumento de la esperanza de vida al largo plazo. EnglishThis paper proposes an overlapping generation model along the lines of the papers by Fanti and Gori (2008). Its objective is to study the effect of demographic shocks on the level pension respectively in the PAYG and funded system within the context of increased life expectancy at long-run.

1 citations


Journal ArticleDOI
TL;DR: In this paper, the authors propose an adaptation of the Huang, Jin and Yang (2004) model, based on the organizational support theory (Eisenberger et al., 1986), which predicts a proactive behaviour of employees wheter they perceive a support of the organization.
Abstract: espanolEl objeto de este estudio es la determinacion de los beneficios que se consiguen a traves de la implementacion de un portal del empleado, tanto para la administracion publica como para los usuarios del portal. Proponemos una adaptacion del modelo de Huang, Jin y Yang (2004), basado en la teoria del soporte organizacional (Eisenberger et al., 1986). Esta teoria anticipa un comportamiento proactivo de los empleados cuando perciben un apoyo por parte de la organizacion. En este caso, el detonante para esa percepcion es la satisfaccion derivada de los beneficios al personal que proporciona un portal del empleado. A traves de un estudio empirico, realizado entre profesores del sector public, hemos encontrado evidencia de la percepcion del apoyo de la organizacion entre empleados publicos cuando el portal es implantado. No obstante no hemos encontrado una relacion entre ese soporte y un comportamiento proactivo hacia la organizacion. EnglishThe aim of this article is the determination of the advantages achieved through the implementation of an employee portal, both for the government and for the users of the portal. We proposed an adaptation of the Huang, Jin and Yang (2004) model, based on the organizational support theory (Eisenberger et al., 1986). This theory predicts a proactive behaviour of employees wheter they perceive a support of the organization. In this case, the trigger for that perception is the satisfaction derived by the benefits to personnel provided by an employee portal. Through an empirical study, conducted among public school teachers, we have found evidence of the perception of organizational support among public employees when the portal is deployes. However we haven´t found a link between that support and a proactive behaviour towards the organization.

Journal Article
TL;DR: In this paper, an application of the fuzzy incidence matrix is carried out in order to detect and analyse a possible indirect correlations between the rate of complaints in customer´s behalf not rectified by the entity and the levels of mistrust and sense of impunity that the bank client perceives from the Bank of Spain and financial institutions.
Abstract: espanolEl presente articulo se contextualiza en un mercado evolucionado como el bancario donde hay un alto nivel de competencia que conduce en muchos casos a la comercializacion de gran variedad de productos financieros a partir de informacion escasa o poco transparente, presencia de clausulas sorpresivas o abusivas u otro tipo de actuaciones calificables como de malas practicas bancarias o poco eticas. La respuesta del Banco de Espana (organo supervisor) a favor de los reclamantes y en contra de las actuaciones de la entidad financiera no es vinculante por lo que las entidades pueden optar por no rectificar su actuacion. El estudio mostrado en el presente articulo supone una aplicacion de las matrices de incidencia borrosa para detectar y analizar las posibles correlaciones indirectas entre el indice de reclamaciones a favor del cliente no rectificadas por la entidad y los niveles de desconfianza y sensacion de impunidad que el cliente bancario percibe del Banco de Espana y las entidades financieras. EnglishPresent article is contextualized in an evolved market as the banking where there is a high level of competition that leads in many cases to the marketing of wide range of financial products based on limited information or untransparent, presence of surprise or unfair terms or other type of proceedings qualified as bad banking or unethical practices. The response from the Bank of Spain (supervisor) in favor of the claimants and against the actions of the financial institution is not binding so that entities may choose not to rectify its performance. An application of the fuzzy incidence matrix is carried out in order to detect and analyse a possible indirect correlations between the rate of complaints in customer´s behalf not rectified by the entity and the levels of mistrust and sense of impunity that the bank client perceives from the Bank of Spain and financial institutions.

Journal ArticleDOI
TL;DR: Using an econometric model, the authors analyzed the impact on income of the degree of use of information and communication technologies by exporting Pymes operating in the State of Yucatan.
Abstract: Using an econometric model is analyzed the impact on income (as an indicator of competitiveness) of the degree of use of information and communication technologies by exporting Pymes operating in the State of Yucatan. Nine of the developed models explained properly and enough that the use of ICT with a proper training of systems users, a correct use value and an proper level of computer security influence significantly in the increase of the percentage of income that perceive exporting Pymes in the State of Yucatan; However, is showed up that who makes decisions in Pymes is unknown to the computerization process allows the organizational objectives and maximize the value of it to let work with greater efficiency, better ability to response, alignment to strategy and reduction in costs.