Search results for "Econometric"
showing 10 items of 3780 documents
Operation management in reconfigurable manufacturing systems: Reconfiguration for error handling
2006
Abstract Reconfigurable manufacturing systems offer quick adjustment of production capacity and functionality in response to unpredictable market changes as being systems designed at the outset for rapid change in system configuration, its machines and controls. During the production process, out-of-ordinary events occur dynamically and unpredictably both at the system (machine breakdowns, change in job's priorities, etc.) and at the cell level (tool failures, robot collisions, etc.). Such exceptions interrupt the production process by causing errors in the schedule plan (system level) or in the task plan (cell level). Error handling is the policy meant for reacting to errors caused by the …
Scope of Negative Integration: A Comparative Analysis of Post, Public Transport and Port Services
2014
There is extensive literature that explains how liberalization policy deepens and widens. In the literature of European integration such reform is commonly considered to be the result of a bias towards liberalization in the treaties, thereby giving the European Commission and the European Court of Justice wide-ranging leverage to enforce such reform. However, such approaches have been criticized for being de-politicized – for failing to understand the conflicts inherent in controversial policies. It is therefore of interest to explore the scope conditions of this constitutional bias assumption in areas where liberalization policy is disputed. This article analyzes the EU decision-making pro…
La insuficiencia de las actuales políticas de fomento de cooperativas y sociedades laborales frente a la crisis en España
2014
El objeto del presente artículo es analizar las políticas de fomento de cooperativas y sociedades laborales durante este periodo de crisis, identificando los principales dispositivos existentes y los de nueva implantación, evaluando su alcance y valorando su nivel de eficacia. Se han distinguido tres grupos de políticas de fomento, las políticas tradicionales de fomento, las políticas de nuevo cuño, incluyendo en estas últimas las medidas urdidas por los gobiernos regionales y la nueva ley de economía social y finalmente las políticas de austeridad. Se concluye, en primer lugar, que las cooperativas y sociedades laborales no constituyen un sector muy subvencionado dado que el alcance de est…
Heterogeneity of job seekers in labour market matching
2009
This study examines the matching of heterogeneous job seekers and vacant jobs. Job seekers are divided into four employability groups according to their labour market status. The dataset consists of highly disaggregated monthly data from 146 Local Labour Offices in Finland over 14 years. The results indicate that the employability of job seekers differs. Therefore, the composition of the pool of job seekers in a local labour market affects the ability of that market to form successful matches. The long-term unemployed have a negative effect on matches while job seekers out of the labour force notably improve the production of matches.
Multiproduct trading with a common agent under complete information: Existence and characterization of Nash equilibrium
2014
This paper focuses on oligopolistic markets in which indivisible goods are sold by multiproduct firms to a continuum of homogeneous buyers, with measure normalized to one, who have preferences over bundles of products. Our analysis contributes to the literature on private, delegated agency games with complete information, extending the insights by Chiesa and Denicolò (2009) to multiproduct markets with indivisibilities and where the agent's preferences need not be monotone. By analyzing a kind of extended contract schedules -mixed bundling prices- that discriminate on exclusivity, the paper shows that efficient equilibria always exist in such settings. There may also exist inefficient equil…
Educational attainment in the OECD, 1960-2010. Updated series and a comparison with other sources
2015
© 2015 Elsevier Ltd. This paper describes the construction of updated series on the educational attainment of the adult population for a sample of 22 OECD countries covering the period 1960-2010. These series are then compared with (the OECD subsample of) the latest available version of other cross-country data sets on average years of schooling that are commonly used in the literature. Finally, statistical measures of the information content of the different series are constructed using the procedure developed by Krueger and Lindhal (K&L, 2001) and de la Fuente and Doménech (D&D, 2006). The exercise shows that there are important differences in quality across data sets and suggests that su…
Real wages-employment relationship in Finnish manufacturing: a VAR approach
1991
Granger's concept of causality and the vector autoregressive(VAR) technique is used to investigate the real wages-employment relationship in Finnish manufacturing. The stationarity of the time series is examined and a number of co-integration tests for the adequacy of a pure VAR specification performed. The results using a bivariate VAR model based on a lag structure determined by Akaike's information criterion suggests that real wages Granger-cause employment. The slight non-constancy of the model suggests, however, that the conclusion concerning the nature of the real wages-emploment relationship should be treated with causion.
Testing the stationarity of interest rates using a SUR approach
1998
Abstract Using data on average yields to maturity of German bonds with different time to maturity it is shown that the time series contain a unit root if the standard augmented Dickey–Fuller test is applied separately to each series. To improve the power of the test we carried out a recently developed approach, estimating the regressions for each time to maturity jointly using a seemingly unrelated regressions approach.
STRATEGIC DIAGNOSIS OF SPANISH FARMING COOPERATIVE CREDIT SECTIONS: A SWOT ANALYSIS
2011
**: Farming cooperative credit sections are financial instruments set up within a cooperative and at its service. They are key funding tools in rural areas and have been developed all over Spain although more intensely in some areas than others. The aim of this paper is to carry out a strategic diagnosis of the Spanish credit section using a SWOT Analysis to discover its set of strengths, weaknesses, opportunities and threats, as well as a proposal for strategic actions to be followed. In order to do so an empirical study using personalized surveys and interviews has been undertaken among the managers or persons in charge of the credit sections over the first half of 2008. The study demonst…
Market-driven product and service design: Bridging the gap between customer needs, quality management, and customer satisfaction
2000
Bridging the gap between a firm's internal quality improvements and external measures of customer needs and satisfaction is an important yet complex translation process. The process has traditionally been studied within two very different domains. An external focus on customers has been the domain of marketers. Manufacturing and engineering-based approaches to quality management and improvement have traditionally taken a more internal, process improvement focus. Both areas have recognized the need to broaden thier focus and bridge the gap between internal quality and external customers needs and satisfaction. This paper offers a framework to integrate these two domains. A case study is pres…