Long-Term Growth and Persistence with Endogenous Depreciation: Theory and Evidence

Previous research has shown a strong positive correlation between short-term persistence and long-term output growth as well as between depreciation rates and long-term output growth. This evidence, therefore, contradicts the standard predictions from traditional neoclassical or AK-type growth models with exogenous depreciation. In this paper, we first confirm these findings for a larger sample of 101 countries. We then study the dynamics of growth and persistence in a model where both the depreciation rate and growth are endogenous and procyclical. We find that the model s predictions become consistent with the empirical evidence on persistence, long-term growth and depreciation rates.

Religious Coping, Social Support and Subjective Severity as Predictors of Posttraumatic Growth in People Affected by the Earthquake in Chile on 27/2/2010

The aim of this research is to study the impact of religious coping, social support and subjective severity on Posttraumatic Growth (PTG) in people who lost their homes after the earthquake in Chile in 2010 and who now live in transitional shelters. One hundred sixteen adult men and women were evaluated using a subjective severity scale, the Posttraumatic Growth Inventory (PTGI), the Multidimensional Scale of Perceived Social Support (MSPSS) scale of social support and the Brief RCOPE scale of religious coping. The multiple linear regression analysis shows that social support and positive religious coping have an impact on PTG. On using a bootstrap estimate, it was found that positive religious coping fully mediates the relationship between subjective severity and PTG.

Internacionalización de la producción en las factorías navales

[ES] La internacionalización de la producción de las factorías navales viene impulsada por las posibilidades que las nuevas técnicas de construcción abren a la desagregación de los procesos productivos. Además, los avances experimentados en las tecnologías de la información y comunicación reducen los inconvenientes de la deslocalización de actividades en distintos centros ubicados en áreas geográficas distantes. Asimismo, el abaratamiento de los costes de transporte resta importancia a los escollos del desplazamiento de las partes del buque entre los distintos puntos de construcción. Pese a ello, en el sector naval, cuyo mercado objetivo habitual es de ámbito mundial, la internacionalización de la producción resulta ser una práctica menos frecuente.

Together we have it all ! Benefits of participation in collective emotional gatherings and communal coping

244 p.