Search results for "330"

Shared Situational Awareness in a Professional Soccer Team: An Explorative Analysis of Post-Performance Interviews

2020

Sport science research has done little to elaborate on the cognitive factors that turn a collection of individual players into a coordinated elite team. The purpose of this paper is to clarify if the players and coach of an elite soccer team express shared situational awareness. Ten players and one coach were exposed to twelve video pictures from a previous soccer match, and their statements for each picture were recorded and analyzed using a qualitative approach. Two of five game situations were with ball possession and three out of seven were without ball possession

The geography of creative industries in Europe: comparing France, Great Britain, Italy and Spain

2012

The creative economy is a holistic and multidisciplinary concept that deals with the interaction between economics, culture and technology, and centred on the production of creative contents in goods and services. One of the most relevant dimensions of creativity is the territorial one. Despite the emphasis put on the theoretical definition of creativity, the measurement of creative industries and the use of these concepts in macro units as well as in isolated case studies, it is necessary to strengthen comparative research for the identification and analysis of the kind of creativity embedded in the territory, its determinants and its patterns of concentration. This compared research relie…

Financial Fragmentation and Economic Growth in Europe

2015

Using industry data from Eurostat and applying the Rajan-Zingales methodology, we investigate the real growth effects of banking sector integration in the European Union. Our sample stretches from 2000 until 2012 and includes the phase of rapid financial integration before the global financial crisis as well as the following phase of financial fragmentation and bank deleveraging. We find evidence that banking sector integration had a more than four times stronger growth effect during the crisis than in normal times. Growth effects are also stronger in times of domestic bank deleveraging. We conclude that concerns of European policy makers about fragmentation in the European banking sector a…

Growing Like Germany: Local Public Debt, Local Banks, Low Private Investment

2021

The paper uses a panel of more than 1m German firms over 2010-2016, to provide the first firm-bank level evidence of local crowding out for a developed economy characterized by low interest rates and fiscal austerity. Our mechanism relies on two structural features of Germany's banking landscape: the local segmentation of credit markets for small and medium-sized firms (SME) and the role of local public banks in local public finance. Local public banks dominate lending to small and medium firms in Germany and also have an explicit mandate to lend to the local public sector. With spreads on local government debt at all-time lows, local public banks tried to break even, using their market pow…

The elasticity of a random variable as a tool for measuring and assessing risks

2022

Elasticity is a very popular concept in economics and physics, recently exported and reinterpreted in the statistical field, where it has given form to the so-called elasticity function. This function has proved to be a very useful tool for quantifying and evaluating risks, with applications in disciplines as varied as public health and financial risk management. In this study, we consider the elasticity function in random terms, defining its probability distribution, which allows us to measure for each stochastic process the probability of finding elastic or inelastic situations (i.e., with elasticities greater or less than 1). This new tool, together with new results on the most notable p…

Does the compositional effect explain the association between rates of in-migration and out-migration?

2001

A common empirical observation obtained in many countries is that regions with a high gross out-migration per capita also tend to have a high gross in-migration per capita, and vice versa. Another common and curious observation is a positive correlation between out-migration rate and net-migration rate. This has been interpreted to mean that out-migration is independent of the economic characteristics of the region. A number of explanations has been suggested to explain the positive relationship between the rates of out-migration and in-migration. According to the compositional effect- explanation, a region that attracts migrants grow to have a population which is more migration prone, thus…

Employment-output link in Finland: evidence from regional-level data

1999

Comparing home-grown fruits: productivity convergence across industries and regions

2003

Output per worker is radically unevenly distributed across space. Several authors have asked why the differences are so large between countries and hypothesized that differences in social infrastructure provide an answer. However, differences in output per worker are also very different when comparing spatial units at lower levels of resolution without substantial variation in social infrastructure. The purpose of this paper is to discuss possible reasons why. We will do so by looking at regional data for the Scandinavian Peninsula at a spatial resolution equivalent to the European NUTS3. Since Norway and Sweden is considered particular egalitarian and homogeneous societies, differences in …

Self-employment dynamics in rural and urban labour markets

2004

Only few in-depth studies of the alternation between different labour market states have been published. This paper deals with the alternation between self-employment, paid-employment and non-employment in Finland in 1987-1999, paying special attention to differences in self-employment dynamics between areas characterized by different labour market conditions, viz. rural and urban locations. The analysis is based on a one-percent random sample drawn from panel data on the census and longitudinal employment statistics. The results show differences in the transition processes between the three labour market states by the type of area. The results suggest that alternation between different emp…

Alternative fiscal visibility estimates for some OECD countries with three levels of territorial government levels

2002

The size and pattern of any public budget depend, among other factors, on the visibility of both the burdens and benefits of public revenue and expenditure. Furthermore, such visibility is a necessary - not a sufficient - condition for an efficient allocation of resources between the private and public sector of an economy. Although the importance of this visibility has been well known by academicians and practitioners for a long time, attempts to quantify it by taking the internal structure of every type of revenue or expenditure and its relative financial weight in a fiscal system into consideration are recent, and indicators used till now rest on several structural parameters, each of th…