Search results for "finance"

The Correlation Between Human Capital and Gross Added Value in the Bioeconomy Sectors at the European Union (EU) Country Level

2019

Abstract The paper aims to prove the link between human capital and gross added value in bioeconomy sectors in the EU countries. Data from EUROSTAT data base regarding employment and gross added value in 6 bioeconomy sectors were used in a cross-country regression analysis. The econometric analysis of cross-country data shows a positive correlation between human capital in bioeconomy sectors and their gross output in 2015 in 26 European countries. It is found also that the correlation is stronger in the highly developed economies as in the central-eastern countries, as well as in the European economy.

Fiscal consolidation and financial reforms

2015

We use data for a panel of 17 countries over the period 1980-2005 to investigate the impact of fiscal consolidation on the likelihood of financial reforms. We show that fiscal adjustments do not boost the implementation of financial reforms. However, tax-driven fiscal consolidation programs raise the likelihood of banking sector reforms. Moreover, we find that: (i) an increase in the degree of trade openness makes countries less likely to implement financial reforms; (ii) an increase in the interest rate spreads accelerates the path of financial reforms, especially, external capital account reforms; and (iii) an improvement in the quality of political institutions strongly enhances the prob…

Fiscal policy under the stability growth and pact and the financial markets constraints.

2007

Le marché du travail à la lumière de la macroéconomie monétaire.

2007

Assessing the Commodity Market Price and Terms of Trade Exposures of Macroeconomy in Emerging and Developing Countries

2021

This paper provides novel evidence on commodity market exposure, i.e., the impacts of commodity price and terms of trade fluctuations on macro performance amongst 46 emerging and developing countries (EMDCs) in Africa, Asia and the Latin American and Caribbean (LAC) region. We estimate the exposure of six macroeconomic variables to the commodity prices and terms of trade. Our results indicate that in overall terms, there is a strong and statistically significant long-run relationship between the vector of analyzed world trade prices and macro variables in all EMDCs. However, based on the short-term reactions, only about 10% of the macroeconomic variation amongst the EMDCs is due to commodit…

Factors explaining the interest margin in the banking sectors of the European Union

2003

Abstract This study analyses the interest margin in the principal European banking sectors (Germany, France, the United Kingdom, Italy and Spain) in the period 1993–2000 using a panel of 15,888 observations, identifying the fundamental elements affecting this margin. Our starting point is the methodology developed in the original study by Ho and Saunders [Journal of Financial and Quantitative Analysis XVI (1981) 581–600] and later extensions, but widened to take banks' operating costs explicitly into account. Also, unlike the usual practice in the literature, a direct measure of the degree of competition (Lerner index) in the different markets is used. The results show that the fall of marg…

Market Potential and Regional Economic Growth in Spain, 1860-1930

2015

espanolEn este articulo se utilizan tecnicas parametricas y no parametricas para el analisis del impacto de los cambios registrados en el potencial de mercado de las regiones espanolas sobre su dinamica de crecimiento en el periodo 1860‐1930. El estudio del caso espanol permite analizar si la construccion de nuevas infraestructuras de transporte, asi como los cambios en la politica comercial, al afectar al potencial de mercado relativo de las regiones espanolas, acabaron por moldear sus trayectorias de crecimiento. Para la realizacion del analisis se utilizan nuevas estimaciones retrospectivas de PIB per capita de las NUTS III espanolas (provincias) y una estimacion a la Harris del potencia…

Du marketing expérientiel appliqué aux musées

2005

http://www.revue-espaces.com/2003/librairie_espaces-4337.html; National audience; L'analyse de la valeur est passée, au cours des quinze dernières années, d'une perspective transactionnelle (voire utilitariste) à une approche plus relationnelle : on parle alors de marketing expérientiel. L'approche expérientielle confirme que la valeur de la consommation culturelle se fonde plus spécifiquement sur l'hédonisme, l'esthétisme, le symbolisme et la recherche de lien social dans la relation des individus avec les œuvres d'art et les lieux culturels. Cela signifie notamment, pour les musées, qu'ils doivent amener leurs visiteurs à s'approprier l'expérience, c'est-à-dire à vivre une “suite d'immers…

Comprendre la satisfaction dans le contexte des services sportifs associatifs (SSA) : une analyse à partir du modèle tétraclasse

2005

National audience; Considérant que la satisfaction des consommateurs s'avère être un levier stratégique à la pérennisation des organisations prestataires de services, cette recherche s'inscrit dans une démarche d'améliorationde la connaissance des logiques de contribution des éléments de l'offre de services sportifs associatifs (SSA) à la satisfaction des adhérents. Le recours au modèle tétraclasse (Llosa, 1996) appliqué aux SSA proposant des pratiques de forme confirme l'existence de quatre logiques de contribution. Cette meilleure compréhension doit permettre aux responsables des organisations prestataires d'établir une hiérarchie au sein de leurs actions managériales d'ajustement de l'of…

Quelques réflexions autour de l'atelier de recherche appliquée de l'AFM : Des voies de contribution managériale de la recherche en marketing

2010

International audience; "