Search results for " Capital"
showing 10 items of 1008 documents
Investigating Aid Effectiveness in Developing Countries: The Case of Nepal
2020
Foreign aid serves as an important source of capital for any developing or under-developed country. It is very important to see how the recipient country can utilize this aid in the economic upliftment of the nation. Taking a case of Nepalese economy, this paper investigates the effectiveness of foreign aid in developing countries. The result from Johansen’s cointegration test reveals that foreign aid independently is not adequate for the economic growth. Increased capital and technological infrastructures, improved skills on human capital, on the other hand, significantly changes the result for the positive aid impact on growth in the long run. Therefore, we can conclude that a good policy…
Community Currencies (CCs) in Spain: An empirical study of their social effects
2016
Despite its sudden proliferation along the economic crisis period, no previous study has investigated the social effects of the community currency (CCs) experiences in Spain. Previous research on CCs experiences from different countries provided evidences about social capital improvement, introducing CCs as sustainability tools. This research uses the theoretical frameworks of social capital and complex adaptive systems to approach concepts like sustainability, networks, trust, norms, participation and cooperation. Statistical analysis of the data collected in June 2013 through online survey explores social capital and resilience indicators among the Spanish exchange community users, conclu…
The determinants of efficiency: the case of the Spanish industry
2002
The aim of this paper is to analyse the factors explaining the technical efficiency of Spanish industrial sectors during the period 1991–1994 using the Survey of Business Strategies (SBE) of the Ministry of Industry and Energy. It analyses whether efficiency can be explained by factors external to the firm such as the degree of competition in the markets in which it operates, characteristics of the firm (size, organization, advantages of location, participation of public capital, etc.), as well as the effects of dynamic disturbances that may affect the degree of utilization of the productive capacity.
Will Basel II Affect International Capital Flows To Emerging Markets?
2004
This paper investigates the consequences of Basel II for international capital flows to emerging markets. The paper shows that the magnitude of effects critically depends on a number of assumptions, including: the mapping of risk weights to ratings, assumptions about required return on capital, assumptions about competition and diversion effects and the assumption that minimum capital requirements are binding constraints. The paper provides evidence on each of these assumptions and estimates their effect on interest margins and bank flows.Overall the results suggest that Basel II - taking into account the "Potential Modifications" of November 2001 - will have only a moderate impact on inter…
Ranking Lists and European Framework Programmes
2011
The operational context for higher education institutions has become increasingly competitive: universities have to compete on national and international markets for students, staff, funding and prestige. The emergence of various markets, market mechanisms and competition in higher education have become a well-established and much discussed fact, and have shaped the dynamics of the higher education arena (Enders & Jongbloed 2007; Texeira et al. 2004) In a global competition of knowledge societies, higher education institutions have been vested with the task of economic and social change, and are expected to contribute to the competitiveness of nationstates as well as their local communities.
SOCIAL CAPITAL AND BANK PERFORMANCE: AN INTERNATIONAL COMPARISON FOR OECD COUNTRIES
2008
Over the last few years the literature on social capital and bank efficiency analysis has expanded rapidly. We merge them by analysing how social capital affects bank efficiency in OECD countries. We use activity analysis techniques to measure efficiency, and social capital, which is related to the concept of generalized trust, is considered an environmental variable. Results suggest that the effect of social capital is more relevant for those financial institutions operating in low-social-capital environments. In these cases, inefficiencies are biased upwards, and controlling for social capital enables these banks to move up in the efficiency rankings.
INTELLECTUAL CAPITAL - KEY FACTOR IN ORGANIZATION DEVELOPMENT
2019
Intellectual Capital (IC) is an important component of an organization's capital, being the primary resource of development and also of value creation in almost all sectors of economic life. In order to be used and explored with maximum efficiency, intellectual capital must be an integral part of the organization's strategic development plan. In the literature, the concept of intellectual capital was accepted, in fact designating the triumph of economic reasons. The emergence and development of this concept increasingly emphasizes the correlation with the technological progress and the continuous development. The purpose of this paper is to highlight the value and importance of intellectual…
La production et valorisation des compétences sur le marché du travail : des approches néo-classiques à l'économie des conventions
2003
This research starts from human capital theory to study the production and valorization of competences in the labor market. Using the potentials and constraints of the neo-classical approach, the incorporation of other areas of economic science as well as other social sciences contributions are proposed. We believe that the key notions economics of education - human capital and wages, are necessary but they are inadequate to explain the level of individual competence or his level of remuneration. We propose a coherent integration of the theoretical and methodological tools of economics of education as well as of the economics of conventions and economics of human resources. And it includes …
Les compétences sociales et la réussite scolaire des élèves de cycle III. L'effet de l'accompagnement scolaire
2016
Differences of achievement in school, traditionally studied by Education researchers, can be analyzed in the light of skills and especially social skills. This scientific field is under construction but social skills still become a "must" for actors of the school system and for Educational Sciences. Through a multidisciplinary approach, this thesis proposes to question the link between social skills and academic achievement of students, taking into account factors related to their various socialization frameworks (family, school, extra-curricular). A reliable analytic tool of social skills (in a sample of 855 students from 7 to 12 years) allows to understand first of all, that inter and int…
Optimal growth and land preservation
1997
A model of optimal economic growth with a constant population subject to a constraint on the availability of land is presented. It takes account of the dual character of land as a production factor and as a consumption good (environmental amenities) by determining the optimal intertemporal allocation of land between productive and recreational uses. An extension of the analysis for the case of a growing population with endogenous growth based on human capital accumulation shows that if the rate of discount is not very low then there exists a set of balanced growth paths compatible with a constant allocation of land. En este trabajo se presenta un modelo de crecimiento económico óptimo con u…