Decomposing differences in total factor productivity across firm size

This paper investigates the extent to which the gap in total factor productivity between small and large firms is due to differences in the endowment of factors determining productivity and to the returns associated with these factors. We place particular emphasis on the contribution of differences in the propensity to innovate and in the use of skilled labor across firms of different size. Empirical evidence from a representative sample of Spanish manufacturing firms corroborates that both differences in endowments and returns to innovation and skilled labor significantly contribute to the productivity gap between small and large firms. In addition, it is observed that the contribution of innovation to this gap is caused only by differences in quantity, while differences in returns have no effect; in the case of human capital, however, most of the effect can be attributed to increasing differences in returns between small and large firms.

Productivity growth and competition in Spanish manufacturing firms: What has happened in recent years?

This paper addresses the issue of the relationship between productivity and market competition. In comparison to the economies of other European countries, the Spanish economy has been growing, while productivity growth has stagnated. Here we provide empirical evidence about the relationship between productivity and market competition from Spanish manufacturing firms at firm level between 1994 and 2004. Correcting for selection bias, our study pays special attention to the patterns of productivity growth between openness and non-openness firms. When market competition increases the effect on firms operating in domestic markets is positive but when the level of competition is high incentives to invest in innovation and productivity gains disappear. The empirical relationship between competition and productivity is an inverted U-shape, where productivity growth is highest at intermediate levels of competition. The productivity growth of firms operating in international markets is higher than that of non-openness firms, but when market competition rises they moderate their productivity growth. Our empirical results suggest that the correct competition policy in the Spanish economy should remove the barriers to competition in internal markets in order to increase the incentives for manufacturing firms to invest in innovation and productivity growth.

Lowering blood alcohol content levels to save lives: The european experience

Road safety has become an increasing concern in developed countries due to the significant amount of mortal victims and the economic losses derived. Only in 2005 these losses rose to 200.000 million euros, a significant amount - approximately the 2% of its GDP- that easily justifies any public intervention. One tool used by governments to face this challenge is the enactment of stricter policies and regulations. Since drunk driving is one of the most important concerns of public authorities on this field, several European countries decided to lower their illegal Blood Alcohol Content levels to 0.5 mg/ml during the last decade. This study evaluates for the first time the effectiveness of this transition using European panel-based data (CARE) for the period 1991-2003 using the Differences-in-Differences method in a fixed effects estimation that allows for any pattern of correlation (Cluster-Robust). My results show the existence of positive impacts on certain groups of road users and for the whole population when the policy is accompanied by some enforcement interventions. Moreover, a time lag of more than two years is found in that effectiveness. Finally, I also assert the importance of controlling for serial correlation in the evaluation of this kind of policies.

Are two-part tariffs efficient when consumers plan ahead?: An empirical study

During the last two decades there has been an increase in using dynamic tariffs for billing household electricity consumption. This has questioned the suitability of traditional pricing schemes, such as two-part tariffs, since they contribute to create marked peak and offpeak demands. The aim of this paper is to assess if two-part tariffs are an efficient pricing scheme using Spanish household electricity microdata. An ordered probit model with instrumental variables on the determinants of power level choice and non-paramentric spline regressions on the electricity price distribution will allow us to distinguish between the tariff structure choice and the simultaneous demand decisions. We conclude that electricity consumption and dwellings’ and individuals’ characteristics are key determinants of the fixed charge paid by Spanish households Finally, the results point to the inefficiency of the two-part tariff as those consumers who consume more electricity pay a lower price than the others.

Factors explaining local privatization: A meta-regression analysis

Privatization of local public services has been implemented worldwide in the last decades. Why local governments privatize has been the subject of much discussion, and many empirical works have been devoted to analyzing the factors that explain local privatization. Such works have found a great diversity of motivations, and the variation among reported empirical results is large. To investigate this diversity we undertake a meta-regression analysis of the factors explaining the decision to privatize local services. Overall, our results indicate that significant relationships are very dependent upon the characteristics of the studies. Indeed, fiscal stress and political considerations have been found to contribute to local privatization specially in the studies of US cases published in the eighties that consider a broad range of services. Studies that focus on one service capture more accurately the influence of scale economies on privatization. Finally, governments of small towns are more affected by fiscal stress, political considerations and economic efficiency, while ideology seems to play a major role for large cities.

Productive efficiency and regulatory reform: The case of vehicle inspection services

Measuring productive efficiency provides information on the likely effects of regulatory reform. We present a Data Envelopment Analysis (DEA) of a sample of 38 vehicle inspection units under a concession regime, between the years 2000 and 2004. The differences in efficiency scores show the potential technical efficiency benefit of introducing some form of incentive regulation or of progressing towards liberalization. We also compute scale efficiency scores, showing that only units in territories with very low population density operate at a sub-optimal scale. Among those that operate at an optimal scale, there are significant differences in size; the largest ones operate in territories with the highest population density. This suggests that the introduction of new units in the most densely populated territories (a likely effect of some form of liberalization) would not be detrimental in terms of scale efficiency. We also find that inspection units belonging to a large, diversified firm show higher technical efficiency, reflecting economies of scale or scope at the firm level. Finally, we show that between 2002 and 2004, a period of high regulatory uncertainty in the sample’s region, technical change was almost zero. Regulatory reform should take due account of scale and diversification effects, while at the same time avoiding regulatory uncertainty.

Modelització de plantes de producció com a sistemes multiagent i implantació parcial en un cas real

Aquest treball ha estat motivat per la necessitat de les petites empreses de posar al dia els seus sistemes de producció per adaptar-los al funcionament cada cop més dinàmic i versàtil dels mercats. Actualment es requereix la capacitat d'una ràpida adaptabilitat de la producció pel que fa a canvis freqüents del producte fabricat i a la fabricació concurrent de diversos tipus de producte simultàniament. Una altra necessitat és la integració dels diversos subsistemes de les empreses (i de la seva informació) a la vegada que es necessita una arquitectura modular que permeti sistemes oberts i escalables.

The Complete Information First. Price Auction or the Importance of Being Indivisible

Abstract Despite the popularity of auction theoretical thinking, it appears that no one has presented an elementary equilibrium analysis of the first-price sealed-bid auction mechanism under complete information. This paper aims to remedy that omission. We show that the existence of pure strategy undominated Nash equilibria requires that the bidding space is not "too divisible" (that is, a continuum). In fact, when bids must form part of a finite grid there always exists a "high price equilibrium". However, there might also be "low price equilibria" and when the bidding space is very restrictive the revenue obtained in these "low price equilibria" might be very low. We discuss the properties of the equilibria and an application of auction theoretical thinking in which "low price equilibria" may be relevant. Keywords: First-price auctions, undominated Nash equilibria. JEL Classification Numbers: C72 (Noncooperative Games), D44 (Auctions).

El compromiso de los familiares con la empresa familiar

La unidad es una de las fortalezas principales de la empresa familiar. Mantener esta unidad, a medida que la familia crece, requiere una actitud concreta de la familia tanto como de la empresa enfocadas a que todos los miembros de la familia, incluso a los que no trabajan en ella, se mantengan comprometidos con su futuro. El compromiso, función de esfuerzo lealtad e ilusión, no es algo que puede darse por sentado. Al contrario, los resultados indican que la existencia de unas determinadas infraestructuras como de un consejo de administración que a su vez garantiza una distribución de información formal y unas actividades familiares son claves en fomentar este compromiso familiar a lo largo de las generaciones.

Estudi sobre la relació entre el preu i l’energia aportada per les piles

Treball de recerca realitzat per una alumna d’ensenyament secundari i guardonat amb un Premi CIRIT per fomentar l'esperit científic del Jovent l’any 2008. Existeixen al mercat una gran varietat de piles de diversos costos. Mitjançant un aproximació teòrica s’explica el concepte de pila, el seu funcionament i els tipus, així com també els fonaments teòrics per fer les mesures de l’energia de cada pila. Posteriorment s’ha mesurat l’energia de tretze piles per tal de: determinar quines són la pila més rendible i la menys rendible del mercat (entenent per rendible aquella que aporta més energia per menys preu, determinar si existeix alguna relació entre el preu i l’energia de les piles (és a dir, si la pila més cara és la que aporta més energia); i, finalment, comparar una pila salina, una pila alcalina i una pila de liti.

Gestión de cambios y proyectos

Moltes inversions corporatives actuals són destinades a la millora de la gestió del canvi. Aquestes inversions són motivades per una carència històrica entre el conjunt recursos humans i les noves tecnologies tal com va reflexar l'estudi del MIT en 1992. L’objectiu del projecte és analitzar la gestió del canvi i projectes des d’un put de vista poc conegut per els enginyers. Direcció de l'equip humà, Procés de qualitat industrial, Programació extrema, Anàlisi de la cobertura dels Sistemes d’informació d’una companyia segons la seva estructura i estratègia empresarial, El mercat i les seves forces competitives, el retorn de la inversió, el cicle PDCA d’un projecte d’inversió, entre d’altres.

Portal web inmobiliario Luxury Properties con posicionamiento SEO

Este documento explica la metodología de trabajo utilizada durante el desarrollo de este proyecto. El resultado obtenido ha sido un producto que forma parte del portal web Luxury Porperties. Luxury Properties es una marca comercial, creada por la compañía Luxury Dreams, para identificar un portal web especializado en las propiedades de lujo. Para desarrollar este concepto, la empresa compró el dominio luxuryproperties.es con el objetivo de crear un sistema que implemente toda la lógica de negocio necesaria para la publicidad y mercadeo de sus productos. Al final del documento se encuentran las recomendaciones y las futuras valoraciones a tener en cuenta por el cliente en futuras ampliaciones del portal.

Avaluació i definició del desplegament de programari a un grup empresarial: procés de migració d'un entorn corporatiu

Aprofitant una migració de l’entorn corporatiu d’un gran grup empresarial, es pren la decisió de canviar el sistema de desplegament de programari. Aquest anàlisi compren l’estudi i la definició de l’empaquetat d’aplicacions, la posterior distribució a la xarxa corporativa i finalment la instal·lació a les màquines.

Entorno de desarrollo para clusters

El presente trabajo expone los entornos de desarrollo de aplicaciones paralelas en sistemas distribuidos. Se ha dedicado especial atención a los entornos gráficos, como plataforma de acceso al cluster. Dada la cantidad de alternativas a seleccionar en este tipo de entornos, como puede ser la parametrización de las aplicaciones, especificación de la arquitectura a utilizar de los nodos, caracterización de la carga, políticas de planificación, etc, hace que este trabajo pueda servir de punto inicial de partida a usuarios que deseen iniciarse en este tipo de entornos.

Estudio, análisis y mejora de un sistema de gestión de expedientes

El proyecto consistió en el estudio, propuesta y realización de una serie de mejoras derivadas del análisis de un sistema de gestión de expedientes. El sistema analizado es SEDAS, un producto de gestión de los procesos de recobro de deudas desarrollado por Steria. Las mejoras se concentraron en la parametrización y mejora de diversos apartados tales como el modelo de datos, el sistema de generación de informes o la interfaz gráfica.