30 Octubre: Seminario 2015/22 – M. I. González-Martínez (U. Murcia) – Nonconstant reputation effect in a dynamic tourism demand model for Spain

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Abstract Following the ideas of the Tourism Area Life Cycle (TALC) theory, we propose a dynamic econometric model for tourism demand where the reputation effect (the effect of the lagged demand on the current tourism demand) is not constant, but dependent on congestion. We test the model using panel data from Spanish regions during the…

23 Octubre: Seminario 2015/21 – M. Solaz (U. Valencia) – Especialización productiva y comercial y generación de valor añadido en la economía española

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Abstract Siguiendo la metodología propuesta por Koopman, Wang y Wei (2014) y a partir del banco de datos generado en base a las tablas input-output internacionales de la World Input-Output Database (WIOD), el trabajo analiza la integración de la economía española y sus distintos sectores en las cadenas globales de valor (CGV) a lo largo…

Seminario 15/20: T. Kehoe (U. Minnesota) y P. Pujolas (U. McMaster)– The Measured Productivity Puzzle: Are Exporters More Productive than Non-Exporters?

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Abstract Recent research in international trade simultaneously has developed along two branches. Empirical research measures plants’ productivity and shows that exporters are more productive than non-exporters. Theoretical research develops models of heterogeneous firms and shows that exporters are more efficient than non-exporters. We argue that there is a disconnect: the measure of firm productivity used…

Seminario 15/16: M. Solaz (U. Valencia) –International Relocation of Production and Economic Growth

TRADE

Abstract According to the product life-cycle theory, new products are invented and developed in the advanced economies, from which they are initially exported. At a later stage, part or all of their production process moves to lower-wage countries. These dynamics lead to a continuous process of international relocation of production. In this paper, we use…

Seminario 15/15: A. Calveras Maristany (U. Islas Baleares) – Corporate Social Responsibility and Product Quality

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Abstract We study both theoretically and empirically the relationship between different types of corporate social responsibility (CSR) and a firm’s product quality. On the one hand, observable external CSR (e.g., a firm’s involvement in a social project) can be used as a signal to unobservable product quality. On the other hand, internal CSR (e.g., human…

Seminario 15/14: R. Caballero Fernández (U. Malaga) – Turismo Sostenible e Indicadores Sintéticos: Una relación sin solución única. Un enfoque multicriterio

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Abstract Deseamos exponer mediante un breve recorrido a través de algunos trabajos en ese ámbito algunas de nuestras experiencias, carencias, aprendizajes y retos conseguidos o inconclusos. Es claro que el problema es multi,… multidimensional, multivariante, multicriterio. Expondremos como distintas cuestiones conceptuales marcan líneas metodológicas distintas pasando por el Análisis Multivariante, Análisis Envolvente de Datos y…

Seminario 15/13: J. L. Groizard (Universitat Illes Balears) –Dissecting the Exporter Wage Gap in Spain

World trade concept. Globe surrounded by shipping containers.

Abstract It is well known that exporter firms pay higher wages and are more skill intensive than domestic firms. In this paper we measure and decompose the exporter wage gap into several explanatory components by estimating counterfactual distributions for the Spanish manufacturing sector between 1995 and 2010. We find that conditional wages are more compressed…

Seminario 15/08: A. Ciarreta (U. del País Vasco) – Volatility transmissions in the Spanish intra-day electricity market

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Abstract This paper analyzes the volatility transmissions between the different sessions of the Spanish intra-day electricity market for the period 2002-2013 using hourly prices. Based on the intra-day realized volatility and the organization of the market, volatility can only be transmitted from session 1 to 6 in chronological order, which allows formulate six Autoregressive Distributed…

Seminario 15/07: A. Martín (UNED) –Assessing the impact of domestic outsourcing and offshoring on productivity at the firm level

Outsourcing. Business Background.

Abstract The purpose of this paper is to investigate the effects of domestic and foreign sourcing on firm-level productivity. We develop a simple framework which permits the introduction of both domestic outsourcing and offshoring in a conventional production function. We find that the decision to outsource has a positive impact on the level of productivity…

Seminario 15/05: R. Ramos (Banco de España) – Agglomeration Matters for Trade

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Abstract En este trabajo documentamos la existencia de aglomeración geográfica de empresas exportadoras según el país de destino de las exportaciones utilizando microdatos de la Balanza de Pagos. En este sentido, encontramos que las empresas que venden a países con peores instituciones, donde no se habla español y que tienen una moneda diferente tienden a…