8,599 research outputs found

    The dynamics of research networks in Brite-Euram

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    Network formation within the BRITE-EURAM program is investigated. We describe the role of the hub of the network, which is defined as the set of main contractors that account for most of the participations. We study the effects that the conflict of objectives within European research funding between precompetitive research vs. European cohesion has on the formation of networks and on the relationship between different partners of the network. A panel data set is constructed including the second and third framework of the Brite–Euram program. A model of joint production of research results is used to test for changes in the behavior of partners within the two frameworks. The main findings are that participations are very concentrated, that is a small group of institutions account for most of the participations, but going from the second to the third framework the presence of subcontractors and single participants increases substantially. This result is reinforced by the fact that main contractors receive smaller spill-ins within networks, but spill-ins increase from the second to the third framework.mathematical economics and econometrics ;

    The quality of the Catalan and Spanish education systems: A perspective from PISA

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    For Catalonia and Spain, public perception is that the PISA reports show that their education systems are underperforming. The goal of this chapter is to quantify how much of the Catalan and Spanish PISA score can be attributed to the education levels of parents and what part must instead be explained by other factors. To do so we use standard statistical techniques to examine how the Catalan and Spanish PISA score would have compared with other countries and regions if all had the same parental education levels and immigration levels. For Spain the main results show that there is a sizable increase in PISA scores relative to the rest of Europe when parental schooling is accounted for. But Spain's performance is rather poor to start out with and only rises to somewhat above average when accounting for parental education levels. For Catalonia accounting for parental education levels leads to small improvements in the PISA score compared to other Spanish regions and to Flanders, Lombardy, and Denmark. Moreover, immigration or the concentration of immigrants at some schools accounts for little of the below average performance of Catalonia.Catalan education systems; Spanish education systems;

    European research funding and regional technological capabilities: Network composition analysis

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    We use network and correspondence analysis to describe the composition of the research networks in the European BRITE--EURAM program. Our main finding is that 27\% of the participants in this program fall into one of two sets of highly ``interconnected'' institutions --one centered around large firms (with smaller firms and research centers providing specialized services), and the other around universities--. Moreover, these ``hubs'' are composed largely of institutions coming from the technologically most advanced regions of Europe. This is suggestive of the difficulties of attaining European ``cohesion'', as technically advanced institutions naturally link with partners of similar technological capabilities.Management of technological innovation and R&D,government policy

    Trade liberalization in Uruguay: Domestic and foreign firms

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    The reallocation of resources is one of the main impacts of trade liberalization processes. In the case of manufacturing industries resources will be reallocated from import--competing sectors to export--oriented sectors. This paper studies the effects that a more open economic environment has had on the entry conditions for foreign and domestic firms in Uruguayan manufacturing industries. We find significant differences in the behavior of foreign and domestic firms, both when they are incumbents or when they act as potential entrants. In general, foreign firms seem to be more successful in applying entry deterring strategies, due to advantages in foreign markets, deeper financial resources or better technological capabilities. They also appear to be more responsive to entry conditions when they face the prospects of entering a given industry.Production and market structure,industry studies

    Sobre uma cena de "Fim de semana no Parque", do Racionais MC's

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    The article analyses some musical and poetical techniques of the rap "Fim de semana no Parque" (1993) and means to study some critical aspects made by Racionais MC's about the life in São Paulo city and in Brazil.O artigo analisa alguns recursos musicais e poéticos do rap "Fim de semana no Parque" (1993) e busca interpretar aspectos da crítica feita pelos Racionais MC's à vida na cidade de São Paulo e no Brasil

    Continuity properties of a factor of Markov chains

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    Starting from a Markov chain with a finite alphabet, we consider the chain obtained when all but one symbol are undistinguishable for the practitioner. We study necessary and sufficient conditions for this chain to have continuous transition probabilities with respect to the past

    Balance Sheet Effects in Currency Crises: Evidence from Brazil

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    In third generation currency crises models, balance sheet losses from currency depreciations propagate the crises into the real sector of the economy. To test these models, we built a firmlevel database that allowed us to measure currency mismatches around the 2002 Brazilian currency crisis. We found that between 2001 and 2003, firms with large currency mismatches just before the crisis reduced their investment rates 8.1 percentage points more than other publicly held firms. We also showed that the currency depreciation increased exporters revenue, but those with currency mismatches reduced investments 12.5 percentage points more than other exporters. These estimated reductions in investment are economically very significant, underscoring the importance of negative balance sheet effects in currency crises. Jel Codes:F32; F34; G31; G32Investment; Balance sheets; Currency crises; Hedge; Financial constraints.
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