Policy Coordination in an Oligopolistic Housing Market

This paper analyzes the consequences of the interaction between two different levels of government (regulators) in the development of housing policy when their decisions determine the level of competition in the housing market. The analysis discusses the implications derived from a lack of coordination between a local regulator who controls the supply of land for housing development and a central regulator who decides on housing subsidies. The results suggest that lack of coordination has significant effects on prices and supply of houses, housing developers’ profits, and buyers’ surplus.

Ad valorem housing subsidies may reduce house building

In this paper it is shown that an ad valorem housing subsidy set by a central regulator (or a raise in the ad valorem housing subsidy rate) may reduce the number of houses built in the market and increase the price paid by the buyers of houses. The analysis considers a situation where there is imperfect competition in the housing market and a local regulator that decides on density, or on the number of sites for housing development, and that cares about a combination of the profits of housing developers and the surplus of buyers of houses.

Payments for Water Ecosystem Services in Latin America: Evidence from Reported Experience

27 p.

Análisis del mecanizado de un molde para la fabricación de un logo deportivo.

[ES]Las compañías líderes del mundo textil compiten cada día por ser las número 1 en cuanto a ventas se refiere. Para ello, son necesarias diferentes estrategias de venta. Una de ellas es la adición de diferentes adornos de plástico que hacen que el comprador se fije en sus productos. Por otro lado, las tecnologías de mecanizado están en pleno avance y la fabricación de piezas o moldes es cada vez más eficiente. Por eso en este trabajo se quiere analizar y estudiar la fabricación de un molde de inyección de plástico con el logotipo de una de las marcas más famosas en el mundo, Adidas. Se ha de llevar a cabo un estudio de los posibles materiales a utilizar para el molde, así como, las distintas alternativas de mecanizado que hoy en día se emplean para este tipo de procesos. Además, los avances en los distintos programas CAD/CAM son de especial ayuda para este tipo de trabajos. Estos programas son capaces de trazar las trayectorias más eficientes a la hora de mecanizar distintos tipos de piezas y postprocesar la programación de dichas trayectorias para luego ser introducidas en los centros CNC.

Diseño de un sistema para la detección y caracterización de impactos sobre estructuras.

[ES]Este documento pretende describir de manera clara y concisa la creacion de un dispositivo detector de impactos para estructuras de avion durante su transporte de muy bajo consumo, desde su concepcion como idea hasta su montaje, programacion y posterior comprobacion. El objetivo sera la culminacion exitosa del producto para mas adelante exponerlo ante posibles compradores y/o investigadores. Este dispositivo esta compuesto de tres partes, una unidad de adquisicion y adecuacion de la señal, que ser a recogida por un piezoelectrico; la unidad de inteligencia, que sera un microcontrolador programado en ensamblador mediante la herramienta MPLAB y un chip de radio, que se encargara de transmitir los datos a una unidad mas potente, lease un PC, tablet, movil...

Types of embedded ties in buyer-supplier relationships and their combined effects on innovation performance

[EN] Purpose of the paper - This research analyzes the impact of three types of embedded ties, namely, specialized complementary resources, idiosyncratic investments, and knowledge sharing, on the innovation capacity of the firms. We also study the particularities of the Machine-Tool industry. Theoretical background – Our evaluation of the embedded buyer-supplier ties is based on the potential sources of relational rents proposed by Dyer and Sing (1998). We also draw on Uzzi and Lancaster (2003), Noordhoff et al. (2011), among others, to discuss the positive and negative aspects of embedded ties. Design/Methodology/Approach ‐ Using data from a survey of 202 European machine-tool firms acting as buyers and sellers, we propose and evaluate a Structural Equation model. Findings ‐ Only knowledge-sharing routines exert a significant positive effect on product innovation performance. Neither an increase in the idiosyncratic investments nor in complementary resources and capabilities enhance innovation performance. Also, knowledge-sharing routines mediate in the effect from idiosyncratic investments on innovation performance. Research Limitations. ‐ The machine tool industry has unique characteristics that make this generalization difficult. Also, there is considerable difficulty associated with testing more deeply the interrelations among these embedded ties in the long run. It is plausible to understand that these interrelations operate within a gradual process. Originality/Value/Contribution of Paper ‐ This research contributes to a better understanding of the role of embedded ties on innovativeness. To the best of our knowledge, there is no previous international empirical research analyzing the mediation effects among specialized complementary resources, idiosyncratic investments and knowledge sharing, and their effects on the innovation capacity of firms.