The Tax Returns of Public Spending on Universities: An Estimate with Monte Carlo Simulations
Pastor J. M. and Peraita C. The tax returns of public spending on universities: an estimate with Monte Carlo simulations, Regional Studies. This paper proposes a methodology based on counterfactual scenarios and the existence of uncertainty to estimate the tax returns of public spending of regional governments on their public universities. The introduction of differences in the time spent by the students at university and the proportion of the total public expenditure implies making assumptions about uncertainty. The paper applies Monte Carlo simulations incorporating stochastic elements to estimate the tax returns of public spending in the University of the Basque Country (Spain). The resu…
The Relationship between Femininity and Sustainability Reporting
Most research on corporate social responsibility (CSR) disclosure and stakeholder engagement with sustainable development has focused on the internal factors of corporations, leaving aside the characteristics of the institutional, cultural, and economic context of the country where corporations operate. The purpose of this study is to investigate the influence of femininity in the disclosure of sustainability information based on the Global Reporting Initiative (GRI) guidelines at a developed country context. We use three measures of the CSR information disclosure by country: the GRI reports per million of inhabitants, the GRI reports application level, and the percentage of GRI reports wit…
The effects of national culture on corporate social responsibility disclosure: a cross-country comparison
This article presents a cross-country analysis of the influence of national culture on corporate social responsibility (CSR) disclosure. We analyse the relationship between the Hofstede’s cultural ...
Firm-sponsored training in regulated labour markets: evidence from Spain
Using data from the 1994 European Community Household Panel Survey, the author examines who receives formal firm-sponsored training in Spain. The author finds that the distribution of firm-sponsored training in the work force is uneven and concentrated among more skilled workers in the upper deciles of the wage distribution. The data show that the likelihood of receiving firm-sponsored training for a low education employee is much lower. Also, the better-educated employees in high wage occupations of the largest establishments have higher probabilities of receiving specific training. Spain has a highly regulated labour market, and the labour market frictions and institutions compress and di…
Higher Education as Modulator of Gender Inequalities: Evidence of the Spanish Case
Raising educational levels may help to reduce inequalities between men and women in certain social and economic aspects. Using statistics for Spain, we analyse labour market behaviours such as the rates of activity and unemployment by sex according to the educational level. The results reveal that the differences between men and women decrease as the educational level increases. In particular, the modulator effect of education is very important at the higher level, where differences in labour market behaviour between men and women with an university education almost disappear, except in terms of salaries. Nevertheless, it can be seen that the current economic crisis has reduced the modulato…
Testing the Acemoglu–Pischke model in Spain
Abstract The Acemoglu–Pischke approach to training in imperfect labor markets predicts that wage compressions should shift incentives to invest in training from workers to firms. This will increase firm-sponsored general training when workers are unable to invest in training by themselves. Spain is on the top of the ranking of regulated labor markets. However, the training figures for Spain indicate a poor effect of highly compressed wage structure on firm-sponsored training.
Estimating the long-term economic impacts of Spanish universities on the national economy
In contrast to previous studies on the economic impact of universities that focus on the demand side, this study centres on universities' effects on the supply side of the economy. Through a case study of the Spanish University System, this paper proposes a methodology based on counterfactual scenarios and growth accounting to estimate the long-term impacts of universities on their regional economies. Our study evaluates the stylized impacts of universities' activities on human capital, salaries and occupation of the working age population, on generation of technological capital and, finally, on the GDP growth of the Spanish economy in the period 1989–2010.
Gender differences in the intergenerational transmission of education in Spain: the role of parents’ employment status and education
This article examines the influence of parents’ education and employment status on the attained educational level of their children with special reference to gender differences. Our study analysed ...
Higher education institutions, economic growth and GDP per capita in European Union countries
This paper presents an estimation of the contribution of Higher Education Institutions (HEIs) to economic growth and the Gross Domestic Product per capita of the European (EU) countries over the pe...
A comparison of corporate social responsibility engagement in the OECD countries with categorical data
This note presents a new method to compare the engagement level of the OECD countries with the corporate social responsibility (CSR) activities when achievements of their companies are described by CSR standards. We introduce the eigenvector procedure developed by Herrero and Villar (2013), applying the analysis of group performance with categorical data. We find that differences in CSR engagement across OECD countries are quite low in the top and the bottom of the eigenvector classification compared with those of the GRI index. However, there are important differences across countries placed in the middle rank of these two classifications.