Search results for "Pact"
showing 10 items of 2355 documents
The determinants of net interest income in the Mexican banking system: An integrated model
2009
This paper analyzes net interest income in the Mexican banking system over the period 1993-2005. Taking as reference the seminal work by Ho and Saunders (1981) and subsequent extensions by other authors, our study models the net interest margin simultaneously including operating costs and diversification and specialization as determinants of the margin. The results referring to the Mexican case show that its high margins can be explained mainly by average operating costs and by market power. Although non-interest income has increased in recent years, its economic impact is low. El trabajo analiza el margen de intermediación de la banca Mexicana en el periodo 1996-2005. Tomando como referenc…
Directional distance functions and environmental regulation
2005
Abstract In this paper we use directional technology distance functions to evaluate the impact of environmental regulations on firms’ performance. Following Fare et al. [Fare, R., Grosskopf, S., Lovell, C.A.K., Pasurka, C., 1989. Multilateral productivity comparisons when some outputs are undesirable: a nonparametric approach. The Review of Economics and Statistics 71, 90–98.], we construct an index that measures opportunity costs for individual firms arising from regulations that prevent free disposal of wastes. The methodology is applied to a sample of Spanish producers of ceramic pavements. We assume that firms maximise desirable output simultaneously reducing inputs, with no change in t…
Diferencias territoriales en el concepto de cooperativa protegida y especialmente protegida
2013
[EN] Following several studies on regional differences in fiscal impact produced by the application of tax law (Law 20/90) in Spanish cooperatives because of the existence of very different substantive regional law, we have considered to investigate only the requirements for the application of the special tax regime. These requirements, as set forth in Articles 6 and 13, refer to the substantive law, with significant turbulence and some important differences in taxation. So it would be convenient to consider to improve greater homogenization in future legislative for equity’s sake. Even for the more special scheme, the requirements set out in Articles 8 to 12, that are in a greater degree i…
Evaluation of the perceived social impacts of the Formula E Grand Prix of Santiago de Chile David
2020
[Abstract] The aim of this study is to analyse residents' perception of the social impact of the Formula E Grand Prix of Santiago de Chile. A sample of 414 residents was collected through a questionnaire made up of 46 items regarding possible positive and negative impacts. Descriptive analysis, confirmatory factorial analysis and cluster analysis were performed. The results showed two groups with different perceptions of this sporting event: realistic (n=152) and favourable (n=162). Sociodemographic variables referring to education level, civil status, income level, location of the family residence and political orientation contribute to significantly differentiating the clusters. The varia…
Is traditional teaching really all that bad? A within-student between-subject approach
2011
Abstract Recent studies conclude that teachers are important for student learning but it remains uncertain what actually determines effective teaching. This study directly peers into the black box of educational production by investigating the relationship between lecture style teaching and student achievement. Based on matched student–teacher data for the US, the estimation strategy exploits between-subject variation to control for unobserved student traits. Results indicate that traditional lecture style teaching is associated with significantly higher student achievement. No support for detrimental effects of lecture style teaching can be found even when evaluating possible selection bia…
Nonlinear impact estimation in spatial autoregressive models
2018
International audience; This paper extends the literature on the calculation and interpretation of impacts for spatial autoregressive models. Using a Bayesian framework, we show how the individual direct and indirect impacts associated with an exogenous variable introduced in a nonlinear way in such models can be computed, theoretically and empirically. Rather than averaging the individual impacts, we suggest to graphically analyze them along with their confidence intervals calculated from Markov chain Monte Carlo (MCMC). We also explicitly derive the form of the gap between individual impacts in the spatial autoregressive model and the corresponding model without a spatial lag and show, in…
Mass education or a minority well educated elite in the process of growth: The case of India
2013
Abstract This paper analyzes whether mass education is more growth enhancing in developing countries than having a minority well educated elite. Using Indian Census data as a benchmark and enrollment rates at different levels of education, we compute annual attainment levels for a panel of 16 Indian states from 1961 to 2001. Results indicate that if the reduction in illiteracy stops at the primary level of education, it is not worthwhile for growth. Instead, the findings reveal a strong and significant effect on growth of a greater share of population completing tertiary education. The economic impact is also found to be large: a one percent change in tertiary education has the same effect …
Heterogeneidad en el impacto de la política de becas en la escolaridad secundaria postobligatoria en España: un análisis por subgrupos poblacionales
2013
El presente trabajo analiza el impacto de las becas sobre la probabilidad de finalizar con éxito el nivel secundario postobligatorio en España en el caso de diferentes subgrupos poblacionales. Se aplica un diseño cuasiexperimental (Propensity score matching) a partir de la Encuesta de Condiciones de Vida (ECV-2006). Los resultados confirman la existencia de efectos diferenciales positivos (con relación al impacto medio) de la política educativa en el caso de las mujeres y de los alumnos provenientes de hogares desfavorecidos, demostrando la existencia de heterogeneidad en el impacto de la política analizada.
Chapter 4: Direct and indirect drivers of change in biodiversity and nature’s contributions to people.
2018
The aim of this chapter is to assess evidence of the status and trends of the drivers that affect biodiversity and nature’s contributions to people. There are three wider categories of nature’s contributions to people: regulating, material and non-material contributions, that are similar to, but not identical to classifications of ecosystem services (see Chapter 1). Ecosystems are dynamic interacting networks of animals, plants, fungi, and microorganisms, above and below ground and water-surfaces. These biodiverse networks of interacting organisms respond to a set of environmental factors such as climate, soil, or water conditions. Social-ecological systems also include human activities (di…
Externalities and article citations: experience of a national public health journal (Gaceta Sanitaria)
2016
Purpose: The purpose of the study was to analyze the determinants of citations such as publication year, article type, article topic, article selected for a press release, number of articles previously published by the corresponding author, and publication language in a Spanish journal of public health. Methods: Observational study including all articles published in Gaceta Sanitaria during 2007-2011. We retrieved the number of citations from the ISI Web of Knowledge database in June 2013 and also information on other variables such as number of articles published by the corresponding author in the previous 5 years (searched through PubMed), selection for a press release, publication langua…