Search results for "Reign"

On the duration of sovereign ratings cycle phases

2021

Abstract Using long-term sovereign ratings data for a panel of 130 countries over the last three decades, we investigate the duration and determinants of sovereign rating phases through the lens of discrete-time Weibull models. We find that the likelihood of the end of the ‘speculative-grade’ phase increases as time goes by (i.e. there is positive duration dependence), but the ‘investment-grade’ phase is not duration dependent. Thus, for sovereigns rated as speculative, the build-up of reputation as good borrowers is a gradual process, whereas the reputation of investment-grade sovereigns solidifies and remains unchanged as time passes. However, the length of both phases significantly depen…

Do Foreign Direct Investment (FDI) and Trade Openness Explain the Disparity in ICT Diffusion between Asia-Pacific and the Islamic Middle Eastern Coun…

2010

This study investigates the impact of FDI and trade openness on ICT diffusion in the Asia-Pacific and Middle East regions from 1996-2005. The results indicate that while dissimilarities exist between the economies included in this study in terms of their level of socio-economic and political development, education and the growth of GDP have had a positive impact on ICT diffusion in both regions. However, while FDI has generally had a positive and significant impact on ICT diffusion in Asia-Pacific economies, its impact on Middle Eastern economies has been detrimental. The results of this study also show that trade-openness has had, in general, a positive and significant impact on ICT diffus…

The determinants affecting the internationalisation of the Italian SMEs producing sparkling wines: An empirical study on the RBV of the firms

2014

In the last few years, wine industry has been characterised by profound changes that have determined an intensification of competition on a global scale. The aim of this study is to identify the firms’ internal factors that most influence the export intensity and the ability to fit into the international market of the Italian wineries producing sparkling wines through a resource-based view (RBV) approach. Results of our study supporting the findings of previous empirical researches presented in this paper. In particular, the main factors affecting export intensity are: innovation degree and intensity of investment in advertising and promotion, among firms’ characteristics, and abroad experi…

Sentiment Across Asset Markets

2018

In this paper, we study investor sentiment in five major asset markets: stocks, bonds, commodities, currencies, and housing. Based on Thomson Reuter's sentiment measures extracted from 235 news and social media sources, we find that each market is predicted by its own sentiment. Cross-markets, kitchen sink regressions reveal that the stock market is influenced only by bond sentiment, while bond market is affected just by currency market, which is largely unexplained by others; the commodities are related to currencies and housing, and housing can be predicted by stock and bond sentiment. In an efficient information aggregation by the partial least square (PLS), the predictability of each ma…

PluriTAV: desarrollo de las competencias plurilingües mediante el uso de la traducción audiovisual

2018

[EN] This piece of work introduces the PluriTAV (Audiovisual Translation as a Tool for the Development of Multilingual Competences in the Classroom) research project. This project is staked on one of the most recent approaches of foreign language teaching, the multilingual approach, in which not only the language being studied (or taught) but also the linguistic repertoire of the classroom are taken into account. The project, focused on the teaching and perfecting of language, is based on the said approach and draws on a field related to foreign language teaching, audiovisual translation, so that through it, one can learn a foreign language, perfect mother tongue abilities and develop multi…

Vídeo-crítica y análisis de prácticas docentes en películas francófonas

2021

[EN] In this project, we address video-review as a means of expressing reflection and a didactic tool used to evaluate future secondary school teachers. Our study is part of the educational innovation project "Video in higher education. Innovative audiovisual practices in teacher training" (UV-SFPIE_PID19-1094441) developed at the Faculty of Education of the University of Valencia during the academic year 2020-2021. Our aim was for the students of the Master's Degree in Secondary School Teaching in French as a foreign language to produce a video review of French-language fiction films and documentaries about teaching. Our aim was for the students, through observation and analysis, to carry …

Institutional Quality and International Competitiveness

2008

Who uses intermediaries in international trade? Evidence from firm-level survey data

2011

The present paper uses data from the World Bank Enterprise Survey conducted in Turkey in 2005 to shed light on the firms which use intermediaries in international trade. It lends robust empirical support to recent theories which suggest that indirect exporters are mostly small firms which are not profitable enough to cover the high fixed costs of building their own distribution network abroad. Manufacturers which introduce entirely new products to foreign markets are more likely to use trade intermediaries, as are firms which produce low quality goods. In contrast, neither foreign ownership nor credit constraints are correlated with the choice of export mode. Moreover, firms which rely on t…

Cross-Border Higher Education : The Expansion of International Branch Campuses

2022

AbstractThe international expansion of higher education has intensified in recent decades with a rapidly growing number of international branch campuses appearing on the scene. This study investigates the economic, cultural and institutional, and educational determinants of transnational higher education on both the extensive margin (number of international branch campuses), and the intensive margin (the total number of educational programmes offered). Using the gravity equation, we applied fixed-effect empirical methods to a panel dataset that combined and extended the raw data from campuses and master’s programmes in 33 source countries and 76 host countries in the period from 1948 to 201…

The European Union as a normal international actor: an analysis of the EU Global Strategy

2019

For a long time, the European Union (EU) has been described by many scholars and policymakers as a civilian and a normative power. This article argues that these concepts do not accurately capture the foreign policy behaviour of the EU as prescribed in the European Union Global Strategy (EUGS). It first situates EU identity and role played in international relations within role strain theory. Then, it notes that the EU has difficulties fulfilling duties connected with its international identity and role. The second part of the article uses three indicators to examine whether the EU is pursuing ‘normal’ international actor status or not, drawing on the Strategy and relevant literature to do …