2,712 research outputs found

    Does economic freedom increase income inequality? Evidence from the EU countries

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    Over the past decades there have been considerable changes in policies and institutions in favor of economic freedom in the EU countries. This trend coincides with widespread increases in income inequality in numerous member states. To what extent does economic freedom encourage inequality? This paper examines the relationship between economic freedom and income inequality in the EU countries using panel data for the 2000s. The empirical evidence suggests that economic freedom seems to entail greater income inequality. However, not all areas of economic freedom affect income distribution similarly. While government size and regulation appear to be robustly associated with income inequality, legal system and property rights, sound money, and freedom to trade internationally seem not to be significantly related with income distribution in the European context.Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech

    Disparities in entrepreneurship indicators across EU countries

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    The levels and characteristics of entrepreneurship differ widely across EU member countries due to diverse cultural, educational, economic-financial and institutional reasons. Taking as reference data provided by the Global Entrepreneurship Monitor (GEM), this paper analyzes the disparities in entrepreneurship indicators among the EU member countries in 2007 and 2013, highlighting the most significant changes occurred during the Great Recession. For this purpose, some of the major indices of inequality have been calculated, namely the Gini, Theil and Atkinson indices. In addition, the change in the Gini coefficient between these two years is additively decomposed into mobility and progressivity components, and growth incidence curves of some key indicators of entrepreneurial activity are estimated. Overall, we find that inequality among countries in most entrepreneurial attitude and aspiration indicators tends to diminish over the period 2007-2013. For all indicators the reduction is more generalized across the efficiency-driven economies than across the innovation-driven economies.Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech

    Entrepreneurship and Economic Liberalization in the OECD Countries

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    Entrepreneurship displays remarkable differences across countries because of diverse factors. In this sense, it is frequently argued that economic liberalization encourages entrepreneurship. In this paper we address the extent to which economic freedom, understood as market economy oriented institutions and policies, matters for entrepreneurial activity through a panel data analysis for 78 countries during the period 2001-2012. We examine the relationship between the Fraser Institute’s economic freedom index and its five areas, and three entrepreneurial activity indicators from the Global Entrepreneurship Monitor, namely total entrepreneurial activity, necessity entrepreneurship and opportunity entrepreneurship. Economic freedom seems to increase opportunity entrepreneurship and decrease necessity entrepreneurship. Focusing on the OECD countries, we highlight that economic freedom is positively associated with entrepreneurship. In terms of entrepreneurship motivation, we find that a more flexible regulation of credit, labor and business, as well as entrepreneurial attitudes, may contribute to enhance opportunity entrepreneurshipUniversidad de Málaga. Campus de Excelencia Internacional Andalucía Tec

    Examinig the roloe of economic liberalization in entrepeneurship: a cross-country study

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    In the last few decades some authors have underlined the role of institutions and policies for entrepreneurship. North (1990) underlines that entrepreneurs are the main agents of change and that organizations, such as firms set up by entrepreneurs, adapt their activities and strategies to fit the opportunities and limitations provided through formal and informal institutional frameworks. Baumol (1990) hypothesizes that entrepreneurial individuals channel their efforts in different directions depending on the quality of prevailing economic, political, and legal institutions. Sobel (2008) asserts that better institutions have both more productive entrepreneurship and also less unproductive entrepreneurship. He stresses that the best path to foster entrepreneurship is through institutional reforms that constrain or minimize the role of government. In this context, economic freedom may be seen as a significant aspect for entrepreneurial activity and it is frequently argued that economic liberalization encourages entrepreneurship. In this paper we address the extent to which economic freedom, understood as market economy oriented institutions and policies, matters for entrepreneurial activityUniversidad de Málaga. Campus de Excelencia Internacional Andalucía Tech

    CODEA : an agent based multi-objective optimization framework

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    This work presents CODEA, a COoperative DEcentralized Architecture for Multiobjective Optimization. CODEA is an objectoriented framework that aims at the creation of groups of agents to tackle complex problems by cooperative search. This cooperation is carried out without any individual controlling the cooperation nor the behaviour of the agents. Each agent works on its own to improve itself and collaborates to improve the performance of the group by sharing information

    Nature of real-world multi-objective vehicle routing with evolutionary algorithms

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    The Vehicle Routing Problem with Time Windows VRPTW) is an important logistics problem which in the realworld appears to be multi-objective. Most research in this area has been carried out using classic datasets designed for the single-objective case, like the well-known Solomon's problem instances. Some unrealistic assumptions are usually made when using these datasets in the multi-objective case (e.g. assuming that one unit of travel time corresponds to one unit of travel distance). Additionally, there is no common VRPTW multiobjective oriented framework to compare the performance of algorithms because different implementations in the literature tackle different sets of objectives. In this work, we investigate the conflicting (or not) nature of various objectives in the VRPTW and show that some of the classic test instances are not suitable for conducting a proper multi-objective study. The insights of this study have led us to generate some problem instances using d ata from a real-world distribution company. Experiments in these new dataset using a standard evolutionary algorithm NSGA-II) show stronger evidence of multi-objective features. Our contribution focuses on achieving a better understanding about the multi-objective nature of the VRPTW, in particular the conflicting relationships between 5 objectives: number of vehicles, total travel distance, makespan, total waiting time, and total delay time

    The teaching of architecture as a result of a misunderstood triad

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    [ES] El objetivo del artículo es evidenciar el origen y persistencia posterior de un modo de organizar, desde la fragmentación, la enseñanza de la arquitectura. Para ello se desarrolla un análisis de los tratados históricos generalistas destacando las diferencias, por una parte, en la estructura organizativa de los contenidos, por otra, en el enfoque de los fines y los medios de la arquitectura y, finalmente, en su interpretación de la tríada original de Vitruvio. Y es la versión de Perrault en su Abrégé de 1674 la que la tergiversa radicalmente provocando una estructura que aniquila la visión global de la arquitectura. Con él comienza la división en tres partes, construcción, distribución y decoración que influirá en todos los tratados posteriores, salvo en dos autores franceses, que ya a principios y mediados del siglo XIX, la condenaron proponiendo otras alternativas integradoras. Con todo, la fragmentación tripartita, con un claro predominio de la tercera, mantiene firmemente su presencia hasta el siglo XX, e incluso en la actualidad.[EN] The aim of this article is to show the origin and subsequent persistence of a way of organizing, from fragmentation, the teaching of architecture. To this end, an analysis of generalist historical treatises is carried out, highlighting, on one side, the differences in the organizational structure of the contents, on the other, in the approaches to the ends and means of architecture and, finally, in its interpretation of the original Vitruvian Triad. And it is the version of Perrault in his Abrégé of 1674 that radically misunderstood it, creating a structure that destroys the global vision of Architecture. With him begins the division into three parts; construction, distribution and decoration that will influence all subsequent treatises, except for two French authors, who already in the early and mid-nineteenth century rejected it by proposing other integrative alternatives. All in all, tripartite fragmentation, with a clear predominance of the third, firmly maintains its presence until the 20th century, and even today.Onecha Perez, AB.; Gonzalez Moreno-Navarro, JL.; Puntos Pérez, S. (2020). La enseñanza de la Arquitectura como resultado de una tríada tergiversada. VLC arquitectura. Research Journal. 7(2):125-155. https://doi.org/10.4995/vlc.2020.10981OJS12515572Agüera Ruiz, Antonio. Los elementos de la arquitectura por Sir Henry Wotton. Un texto crítico. Valladolid: Universidad de Valladolid, 1997.Alberti, Leon Battista. On the Art of Building in Ten Books. Translated by Joseph Rykwert, Neil Leach, and Robert Tavernor. Cambridge: MIT Press, 1988.Amico, Giovanni Biagio. 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    Economic institutions and entrepreneurship by opportunity and necessity

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    Numerous studies highlight that business activity is the main source of economic growth and that productive entrepreneurship is crucial in terms of economic welfare. Entrepreneurship displays remarkable differences across countries because of diverse factors, among others, the economic institutional environment. This paper deals with the extent to which economic institutions matter for opportunity entrepreneurship and necessity entrepreneurship. We examine the relationship between the Fraser Institute's economic freedom index and its five areas, and both indicators from the Global Entrepreneurship Monitor on opportunity entrepreneurship and necessity entrepreneurship. We carry out a panel data analysis in the OECD countries and find that economic liberalization tends to encourage opportunity entrepreneurship and to discourage necessity entrepreneurship.Universidad de Málaga. Campus de Excelencia Internacional Andalucía Tech
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