Search results for "Econometric"
showing 10 items of 3780 documents
The background music-content congruence of TV advertisements: A neurophysiological study
2021
Abstract Music affects viewers’ responses to advertisements. In this study we present the findings of an experiment that investigates the emotional and cognitive reactions of subjects’ brains during exposure to television advertisements with music congruent, and incongruent, with the advertisement content. We analyze the electroencephalography signals and eye-tracking behaviors of a group of 90 women watching six TV advertisements. The study's findings suggested that incongruent music generates higher levels of attention and advertisement recall. On the other hand, frontal asymmetry measured through electroencephalography was shown to be higher with congruent music. Similarly, cognitive wor…
Balance sheet versus earnings conservatism in Europe
2004
In this study we extend prior research on the international analysis of accounting conservatism (Joos and Lang, 1994; Ball et al., 2000; Giner and Rees, 2001), by examining the level of accounting conservatism across eight European countries (United Kingdom, Germany, France, Switzerland, the Netherlands, Italy, Spain and Belgium), and assessing the statistical significance of the differences among them. The definitions of conservatism that we use are, on the one hand, the Feltham and Ohlson (1995) definition, which implies a persistent understatement of book value of shareholders' equity (balance sheet conservatism). On the other hand, we use the one proposed by Basu (1997), that is, a time…
An intertemporal approach to measuring environmental performance with directional distance functions: Greenhouse gas emissions in the European Union
2014
Abstract The impact of economic activity on the environment is a matter of growing concern for firm managers, policymakers, researchers and society as a whole. Building on previous work by Kortelainen (2008) [Dynamic environmental performance analysis: A Malmquist index approach. Ecological Economics 64, 701–715], we contribute an approach to assessing intertemporal environmental performance at the level of the management of specific pollutants, as the result of change in eco-efficiency and environmental technical change, which identify catching-up with best available environmental practices and eco-innovation, respectively. In doing so, we use Data Envelopment Analysis techniques, directio…
CONVERGENCE AND DIVERGENCE: A NEW APPROACH, NEW DATA, AND NEW RESULTS
2020
Recently, Penn World Tables include new data that enable calculation of total factor productivity in addition to output for a large set of countries. We use these new data to examine convergence and divergence across countries by applying a new approach, which differentiates between the dynamics of output and of productivity. Our empirical results lead to two main new contributions to the literature. The first is on the interpretation of “β-convergence” in “growth regressions.” It means that output per worker in each country converges to productivity but does not imply convergence across countries, since productivity tends to diverge from the global frontier. The second contribution is to t…
¿Puede un factor réplica del crecimiento económico futuro (PIB) explicar los rendimientos de los activos financieros cotizados en la bolsa española?
2020
El objetivo de este trabajo es analizar si un factor con capacidad predictiva sobre el crecimiento económico futuro, captura los rendimientos de los activos cotizados en la bolsa española. A su vez, se analiza la posible interpretación racional económica de los factores de Fama y French y momentum, como variables con información sobre dicho crecimiento económico futuro. Se cuantifican estos efectos para las etapas de crisis (económica: 1993-1997 y financiera: 2008-2011) y de expansión económica (1998-2007). Los resultados subrayan la relevancia y capacidad explicativa de este factor predictivo pero se encuentra una interpretación económica débil de los factores tamaño y ratio book-to-market…
Time allocation during Higher education : a study of Brazilian, French and Spanish students
1995
International audience; The results we present enable us to highlight common features and disparities in the way students from the three countries organize their time. While the lecture attendance time varies little from one country to another, it is different for other elements of time use. The Spaniards in particular seem to spend more time on personal work and the Brazilians more often have paid employment. The initial comparison should however be regarded as provisional in that no systematic correlation was made with educational policies in each country. Certainly, the lack of grants system in Brazil is linked to the significant amount of available time spent on salaried work but it wou…
The determinants of social sustainability in work integration social enterprises: the effect of entrepreneurship
2021
Work integration social enterprises (WISEs) exist to fight poverty and social exclusion. They offer support and guidance to those at risk of exclusion to help these individuals join the labour market. This study examines the relationship between social enterprises (specifically, work integration social enterprises) and their social impact, considered here in the form of social sustainability. This article presents the results of empirical analysis of 62 Spanish work integration social enterprises using fuzzy-set qualitative comparative analysis. The article focuses on the entrepreneurial characteristics of the companies’ founders and managers as drivers of social value creation. Specificall…
Black entrepreneurship: a case study on entrepreneurial activities and ambitions in a South African township
2014
Purpose – The purpose of this article is to investigate the current self-employment rate as well as entrepreneurial intentions of the township’s population on the basis of an empirical case study of a single township. It is often assumed that the black population of South Africa (mostly living in townships) has a low participation rate in entrepreneurial activities and a low level of entrepreneurial ambitions. Besides the level of entrepreneurship, personal and socio-economic factors affecting participation in entrepreneurship are explored. Design/methodology/approach – The article uses a face-to-face survey of about 350 adult residents of the township under investigation. Findings – Contr…
The challenge of constructing regional advantages in peripheral areas: The case of marine biotechnology in Tromsø, Norway
2011
The idea of constructing regional advantage (CRA) has recently been emphasized by scholars as a new way for firms to gain competitiveness in a globalizing learning economy. The rationale behind the idea is that advantages in a regional industry can be constructed by proactive public–private partnership. This article uses, and examines the relevance of, the CRA framework in analysing the development and functioning of the marine biotechnology industry in Tromso, which is a fairly peripheral region in Norway. Despite the fact that much effort has been put into education and R&D at the University of Tromso and related research institutes, and the fact that many public policy tools have intende…
Working in a boom-town: Female perspectives on gold-mining in Burkina Faso
2009
Abstract In Burkina Faso, informal mining camps attract girls and women from rural areas because they offer a variety of income generating activities and access to urban consumer goods. Moreover, migration to the mines also allows for a different life-style and greater personal freedom. On the other hand, by going to the mining camps, girls and women risk acquiring a bad reputation in their communities because they are suspected of having illicit sexual relationships. In fact, relationships with gold miners and the material benefits connected with them are among the lures of the gold mines. Thus, from a female perspective migration to the gold mines is fraught with ambivalence, which is exp…