Health care for older persons in Switzerland: a country profile

Switzerland has the second-most-expensive healthcare system worldwide, with 11.5% of gross domestic product spent on health care in 2003. Switzerland has a healthcare system with universal insurance coverage and a social insurance system, ensuring an adequate financial situation for 96% of the 1.1 million older inhabitants. Key concerns related to the care of older persons are topics such as increasing healthcare costs, growing public awareness of patient autonomy, and challenges related to assisted suicide. In 2004, the Swiss Academy of Medical Sciences issued guidelines for the care of disabled older persons. Since 2000, geriatrics has been a board-certified discipline with a 3-year training program in addition to 5 years of training in internal or family medicine. There are approximately 125 certified geriatricians in Switzerland, working primarily in geriatric centers in urban areas. Switzerland has an excellent research environment, ranking second of all countries worldwide in life sciences research-but only 13th in aging research. This is in part due to a lack of specific training programs promoting research on aging and inadequate funding. In addition, there is a shortage of academic geriatricians in Switzerland, in part due to the fact that two of five Swiss universities had no academic geriatric departments in 2005. With more-adequate financial resources for academic geriatrics, Switzerland would have the opportunity to contribute more to aging research internationally and to improved care for older patients.

Price risk management in the copper market using commodity derivatives and options strategies

Metals price risk management is a key issue related to financial risk in metal markets because of uncertainty of commodity price fluctuation, exchange rate, interest rate changes and huge price risk either to metals’ producers or consumers. Thus, it has been taken into account by all participants in metal markets including metals’ producers, consumers, merchants, banks, investment funds, speculators, traders and so on. Managing price risk provides stable income for both metals’ producers and consumers, so it increases the chance that a firm will invest in attractive projects. The purpose of this research is to evaluate risk management strategies in the copper market. The main tools and strategies of price risk management are hedging and other derivatives such as futures contracts, swaps and options contracts. Hedging is a transaction designed to reduce or eliminate price risk. Derivatives are financial instruments, whose returns are derived from other financial instruments and they are commonly used for managing financial risks. Although derivatives have been around in some form for centuries, their growth has accelerated rapidly during the last 20 years. Nowadays, they are widely used by financial institutions, corporations, professional investors, and individuals. This project is focused on the over-the-counter (OTC) market and its products such as exotic options, particularly Asian options. The first part of the project is a description of basic derivatives and risk management strategies. In addition, this part discusses basic concepts of spot and futures (forward) markets, benefits and costs of risk management and risks and rewards of positions in the derivative markets. The second part considers valuations of commodity derivatives. In this part, the options pricing model DerivaGem is applied to Asian call and put options on London Metal Exchange (LME) copper because it is important to understand how Asian options are valued and to compare theoretical values of the options with their market observed values. Predicting future trends of copper prices is important and would be essential to manage market price risk successfully. Therefore, the third part is a discussion about econometric commodity models. Based on this literature review, the fourth part of the project reports the construction and testing of an econometric model designed to forecast the monthly average price of copper on the LME. More specifically, this part aims at showing how LME copper prices can be explained by means of a simultaneous equation structural model (two-stage least squares regression) connecting supply and demand variables. A simultaneous econometric model for the copper industry is built: {█(Q_t^D=e^((-5.0485))∙P_((t-1))^((-0.1868) )∙〖GDP〗_t^((1.7151) )∙e^((0.0158)∙〖IP〗_t ) @Q_t^S=e^((-3.0785))∙P_((t-1))^((0.5960))∙T_t^((0.1408))∙P_(OIL(t))^((-0.1559))∙〖USDI〗_t^((1.2432))∙〖LIBOR〗_((t-6))^((-0.0561))@Q_t^D=Q_t^S )┤ P_((t-1))^CU=e^((-2.5165))∙〖GDP〗_t^((2.1910))∙e^((0.0202)∙〖IP〗_t )∙T_t^((-0.1799))∙P_(OIL(t))^((0.1991))∙〖USDI〗_t^((-1.5881))∙〖LIBOR〗_((t-6))^((0.0717) Where, Q_t^D and Q_t^Sare world demand for and supply of copper at time t respectively. P(t-1) is the lagged price of copper, which is the focus of the analysis in this part. GDPt is world gross domestic product at time t, which represents aggregate economic activity. In addition, industrial production should be considered here, so the global industrial production growth that is noted as IPt is included in the model. Tt is the time variable, which is a useful proxy for technological change. A proxy variable for the cost of energy in producing copper is the price of oil at time t, which is noted as POIL(t ) . USDIt is the U.S. dollar index variable at time t, which is an important variable for explaining the copper supply and copper prices. At last, LIBOR(t-6) is the 6-month lagged 1-year London Inter bank offering rate of interest. Although, the model can be applicable for different base metals' industries, the omitted exogenous variables such as the price of substitute or a combined variable related to the price of substitutes have not been considered in this study. Based on this econometric model and using a Monte-Carlo simulation analysis, the probabilities that the monthly average copper prices in 2006 and 2007 will be greater than specific strike price of an option are defined. The final part evaluates risk management strategies including options strategies, metal swaps and simple options in relation to the simulation results. The basic options strategies such as bull spreads, bear spreads and butterfly spreads, which are created by using both call and put options in 2006 and 2007 are evaluated. Consequently, each risk management strategy in 2006 and 2007 is analyzed based on the day of data and the price prediction model. As a result, applications stemming from this project include valuing Asian options, developing a copper price prediction model, forecasting and planning, and decision making for price risk management in the copper market.

Tropical cyclone-related socio-economic losses in the western North Pacific region

The western North Pacific (WNP) is the area of the world most frequently affected by tropical cyclones (TCs). However, little is known about the socio-economic impacts of TCs in this region, probably because of the limited relevant loss data. Here, loss data from Munich RE's NatCatSERVICE database is used, a high-quality and widely consulted database of natural disasters. In the country-level loss normalisation technique we apply, the original loss data are normalised to present-day exposure levels by using the respective country's nominal gross domestic product at purchasing power parity as a proxy for wealth. The main focus of our study is on the question of whether the decadal-scale TC variability observed in the Northwest Pacific region in recent decades can be shown to manifest itself economically in an associated variability in losses. It is shown that since 1980 the frequency of TC-related loss events in the WNP exhibited, apart from seasonal and interannual variations, interdecadal variability with a period of about 22 yr – driven primarily by corresponding variations of Northwest Pacific TCs. Compared to the long-term mean, the number of loss events was found to be higher (lower) by 14% (9%) in the positive (negative) phase of the decadal-scale WNP TC frequency variability. This was identified for the period 1980–2008 by applying a wavelet analysis technique. It was also possible to demonstrate the same low-frequency variability in normalised direct economic losses from TCs in the WNP region. The identification of possible physical mechanisms responsible for the observed decadal-scale Northwest Pacific TC variability will be the subject of future research, even if suggestions have already been made in earlier studies.

Estimating population and livestock density of mobile pastoralists and sedentary settlements in the southeastern Lake Chad area

Mobile pastoralists provide major contributions to the gross domestic product in Chad, but little information is available regarding their demography. The Lake Chad area population is increasing, resulting in competition for scarce land and water resources. For the first time, the density of people and animals from mobile and sedentary populations was assessed using randomly defined sampling areas. Four sampling rounds were conducted over two years in the same areas to show population density dynamics. We identified 42 villages of sedentary communities in the sampling zones; 11 (in 2010) and 16 (in 2011) mobile pastoralist camps at the beginning of the dry season and 34 (in 2011) and 30 (in 2012) camps at the end of the dry season. A mean of 64.0 people per km2 (95% confidence interval, 20.3-107.8) were estimated to live in sedentary villages. In the mobile communities, we found 5.9 people per km2 at the beginning and 17.5 people per km2 at the end of the dry season. We recorded per km2 on average 21.0 cattle and 31.6 small ruminants in the sedentary villages and 66.1 cattle and 102.5 small ruminants in the mobile communities, which amounts to a mean of 86.6 tropical livestock units during the dry season. These numbers exceed, by up to five times, the published carrying capacities for similar Sahelian zones. Our results underline the need for a new institutional framework. Improved land use management must equally consider the needs of mobile communities and sedentary populations.

Global carbon budget 2013

Accurate assessment of anthropogenic carbon dioxide (CO2) emissions and their redistribution among the atmosphere, ocean, and terrestrial biosphere is important to better understand the global carbon cycle, support the development of climate policies, and project future climate change. Here we describe data sets and a methodology to quantify all major components of the global carbon budget, including their uncertainties, based on the combination of a range of data, algorithms, statistics and model estimates and their interpretation by a broad scientific community. We discuss changes compared to previous estimates, consistency within and among components, alongside methodology and data limitations. CO2 emissions from fossil-fuel combustion and cement production (EFF) are based on energy statistics, while emissions from land-use change (ELUC), mainly deforestation, are based on combined evidence from land-cover change data, fire activity associated with deforestation, and models. The global atmospheric CO2 concentration is measured directly and its rate of growth (GATM) is computed from the annual changes in concentration. The mean ocean CO2 sink (SOCEAN) is based on observations from the 1990s, while the annual anomalies and trends are estimated with ocean models. The variability in SOCEAN is evaluated for the first time in this budget with data products based on surveys of ocean CO2 measurements. The global residual terrestrial CO2 sink (SLAND) is estimated by the difference of the other terms of the global carbon budget and compared to results of independent dynamic global vegetation models forced by observed climate, CO2 and land cover change (some including nitrogen–carbon interactions). All uncertainties are reported as ± 1 σ, reflecting the current capacity to characterise the annual estimates of each component of the global carbon budget. For the last decade available (2003–2012), EFF was 8.6 ± 0.4 GtC yr − 1, ELUC 0.9 ± 0.5 GtC yr − 1, GATM 4.3 ± 0.1 GtC yr − 1, S OCEAN 2.5 ± 0.5 GtC yr − 1, and S LAND 2.8 ± 0.8 GtC yr − 1. For year 2012 alone, EFF grew to 9.7 ± 0.5 GtC yr − 1, 2.2 % above 2011, reflecting a continued growing trend in these emissions, GATM was 5.1 ± 0.2 GtC yr − 1, SOCEANwas 2.9 ± 0.5 GtC yr −1, and assuming an ELU Cof 1.0 ± 0.5 GtC yr − 1 (based on the 2001–2010 average), SLAND was 2.7 ± 0.9 GtC yr − 1. GATM was high in 2012 compared to the 2003–2012 average, almost entirely reflecting the high EFF. The global atmospheric CO2 con- centration reached 392.52 ± 0.10 ppm averaged over 2012. We estimate that EFF will increase by 2.1 % (1.1–3.1 %) to 9.9 ± 0.5 GtC in 2013, 61 % above emissions in 1990, based on projections of world gross domestic product and recent changes in the carbon intensity of the economy. With this projection, cumulative emissions of CO2 will reach about 535 ± 55 GtC for 1870–2013, about 70 % from EFF (390 ± 20 GtC) and 30 % from ELUC (145 ± 50 GtC). This paper also documents any changes in the methods and data sets used in this new carbon budget from previous budgets (Le Quéré et al., 2013). All observations presented here can be downloaded from the Carbon Dioxide Information Analysis Center.

Systematic review of worksite-based behavior change programs that target metabolic syndrome risk factors

Approximately one-third of US adults have metabolic syndrome, the clustering of cardiovascular risk factors that include hypertension, abdominal adiposity, elevated fasting glucose, low high-density lipoprotein (HDL)-cholesterol and elevated triglyceride levels. While the definition of metabolic syndrome continues to be much debated among leading health research organizations, the fact is that individuals with metabolic syndrome have an increased risk of developing cardiovascular disease and/or type 2 diabetes. A recent report by the Henry J. Kaiser Family Foundation found that the US spent $2.2 trillion (16.2% of the Gross Domestic Product) on healthcare in 2007 and cited that among other factors, chronic diseases, including type 2 diabetes and cardiovascular disease, are large contributors to this growing national expenditure. Bearing a substantial portion of this cost are employers, the leading providers of health insurance. In lieu of this, many employers have begun implementing health promotion efforts to counteract these rising costs. However, evidence-based practices, uniform guidelines and policy do not exist for this setting in regard to the prevention of metabolic syndrome risk factors as defined by the National Cholesterol Education Program (NCEP) Adult Treatment Panel III (ATP III). Therefore, the aim of this review was to determine the effects of worksite-based behavior change programs on reducing the risk factors for metabolic syndrome in adults. Using relevant search terms, OVID MEDLINE was used to search the peer-reviewed literature published since 1998, resulting in 23 articles meeting the inclusion criteria for the review. The American Dietetic Association's Evidence Analysis Process was used to abstract data from selected articles, assess the quality of each study, compile the evidence, develop a summarized conclusion, and assign a grade based upon the strength of supporting evidence. The results revealed that participating in a worksite-based behavior change program may be associated in one or more improved metabolic syndrome risk factors. Programs that delivered a higher dose (>22 hours), in a shorter duration (<2 years) using two or more behavior-change strategies were associated with more metabolic risk factors being positively impacted. A Conclusion Grade of III was obtained for the evidence, indicating that studies were of weak design or results were inconclusive due to inadequate sample sizes, bias and lack of generalizability. These results provide some support for the continued use of worksite-based health promotion and further research is needed to determine if multi-strategy, intense behavior change programs targeting multiple risk factors are able to sustain health improvements in the long-term.^

Reestructuración productiva y configuración territorial : Pequeña industria metalmecánica en la Ciudad de Córdoba 2002-2012

El desarrollo de esta investigación se conforma como la búsqueda de vinculaciones territoriales a escala urbana en la Ciudad de Córdoba frente a un proceso de carácter global, como es el de la reestructuración productiva. Este concreto real se aborda desde un caso, el de la pequeña industria metalmecánica, que por presencia histórica y peso en el producto bruto geográfico de la ciudad se constituye en uno de los sostenes de la economía urbana. El abordaje del proceso de reestructuración productiva se realiza desde el análisis de las prácticas de los agentes. Por un lado, las del gobierno como agente que regula las relaciones productivas a través de políticas públicas industriales en el marco de un régimen de acumulación capitalista, y por otro lado, las prácticas de las pequeñas industrias metalmecánicas como agentes que se desenvuelven en el procesos de producción en una dialéctica entre las tendencias de producción de reestructuración de escala global y un entorno inmediato de relaciones productivas con otros agentes, procesos de producción, marco regulatorio y políticas públicas. Esta dialéctica se materializa en el territorio y da lugar a una configuración territorial industrial a escala urbana, que no solo se explica por las prácticas de los agentes industriales sino además por el juego de otros agentes que producen territorio. En el período postconvertibilidad a partir del 2002, el crecimiento de las actividades productivas en su conjunto, imprimen una dinámica compleja de expansión urbana y de relaciones entre agentes de distintos sectores, con distintos intereses y poder de actuar en el campo. Aquí se avanza en comprender las dimensiones de la expansión urbana que inciden en la configuración territorial industrial. La configuración territorial como vínculo indisociable entre las prácticas de agentes (sistema de acciones) y la estructura productiva territorial (sistema de objetos) muta permanentemente en el contexto postconvertibilidad debido al intenso dinamismo que adquiere la actividad industrial, entre habitus construidos históricamente y nuevas prácticas, que se encuentran en tensión permanente. Este concreto real va conformando un campo socio económico que discurre entre viejas y nuevas prácticas y configura un territorio fragmentado y disociado. El trabajo parte de la consideración de las políticas públicas industriales y las prácticas específicas de los agentes de las pequeñas industrias para luego analizar a escala urbana la configuración territorial, en donde las dimensiones de la expansión urbana interactúan con la especificidad de las prácticas de los agentes analizados. El cambio paulatino en las políticas destinadas al sector industrial postconvertibilidad manifiesta una presencia cada vez más relevante de PyMEs. No obstante la inercia heredada del periodo anterior revela, en la gestión de las políticas industriales y las prácticas empresarias, un camino caracterizado por la desconfianza e incertidumbre de las pequeñas empresas

Reestructuración productiva y configuración territorial : Pequeña industria metalmecánica en la Ciudad de Córdoba 2002-2012

El desarrollo de esta investigación se conforma como la búsqueda de vinculaciones territoriales a escala urbana en la Ciudad de Córdoba frente a un proceso de carácter global, como es el de la reestructuración productiva. Este concreto real se aborda desde un caso, el de la pequeña industria metalmecánica, que por presencia histórica y peso en el producto bruto geográfico de la ciudad se constituye en uno de los sostenes de la economía urbana. El abordaje del proceso de reestructuración productiva se realiza desde el análisis de las prácticas de los agentes. Por un lado, las del gobierno como agente que regula las relaciones productivas a través de políticas públicas industriales en el marco de un régimen de acumulación capitalista, y por otro lado, las prácticas de las pequeñas industrias metalmecánicas como agentes que se desenvuelven en el procesos de producción en una dialéctica entre las tendencias de producción de reestructuración de escala global y un entorno inmediato de relaciones productivas con otros agentes, procesos de producción, marco regulatorio y políticas públicas. Esta dialéctica se materializa en el territorio y da lugar a una configuración territorial industrial a escala urbana, que no solo se explica por las prácticas de los agentes industriales sino además por el juego de otros agentes que producen territorio. En el período postconvertibilidad a partir del 2002, el crecimiento de las actividades productivas en su conjunto, imprimen una dinámica compleja de expansión urbana y de relaciones entre agentes de distintos sectores, con distintos intereses y poder de actuar en el campo. Aquí se avanza en comprender las dimensiones de la expansión urbana que inciden en la configuración territorial industrial. La configuración territorial como vínculo indisociable entre las prácticas de agentes (sistema de acciones) y la estructura productiva territorial (sistema de objetos) muta permanentemente en el contexto postconvertibilidad debido al intenso dinamismo que adquiere la actividad industrial, entre habitus construidos históricamente y nuevas prácticas, que se encuentran en tensión permanente. Este concreto real va conformando un campo socio económico que discurre entre viejas y nuevas prácticas y configura un territorio fragmentado y disociado. El trabajo parte de la consideración de las políticas públicas industriales y las prácticas específicas de los agentes de las pequeñas industrias para luego analizar a escala urbana la configuración territorial, en donde las dimensiones de la expansión urbana interactúan con la especificidad de las prácticas de los agentes analizados. El cambio paulatino en las políticas destinadas al sector industrial postconvertibilidad manifiesta una presencia cada vez más relevante de PyMEs. No obstante la inercia heredada del periodo anterior revela, en la gestión de las políticas industriales y las prácticas empresarias, un camino caracterizado por la desconfianza e incertidumbre de las pequeñas empresas

Reestructuración productiva y configuración territorial : Pequeña industria metalmecánica en la Ciudad de Córdoba 2002-2012

El desarrollo de esta investigación se conforma como la búsqueda de vinculaciones territoriales a escala urbana en la Ciudad de Córdoba frente a un proceso de carácter global, como es el de la reestructuración productiva. Este concreto real se aborda desde un caso, el de la pequeña industria metalmecánica, que por presencia histórica y peso en el producto bruto geográfico de la ciudad se constituye en uno de los sostenes de la economía urbana. El abordaje del proceso de reestructuración productiva se realiza desde el análisis de las prácticas de los agentes. Por un lado, las del gobierno como agente que regula las relaciones productivas a través de políticas públicas industriales en el marco de un régimen de acumulación capitalista, y por otro lado, las prácticas de las pequeñas industrias metalmecánicas como agentes que se desenvuelven en el procesos de producción en una dialéctica entre las tendencias de producción de reestructuración de escala global y un entorno inmediato de relaciones productivas con otros agentes, procesos de producción, marco regulatorio y políticas públicas. Esta dialéctica se materializa en el territorio y da lugar a una configuración territorial industrial a escala urbana, que no solo se explica por las prácticas de los agentes industriales sino además por el juego de otros agentes que producen territorio. En el período postconvertibilidad a partir del 2002, el crecimiento de las actividades productivas en su conjunto, imprimen una dinámica compleja de expansión urbana y de relaciones entre agentes de distintos sectores, con distintos intereses y poder de actuar en el campo. Aquí se avanza en comprender las dimensiones de la expansión urbana que inciden en la configuración territorial industrial. La configuración territorial como vínculo indisociable entre las prácticas de agentes (sistema de acciones) y la estructura productiva territorial (sistema de objetos) muta permanentemente en el contexto postconvertibilidad debido al intenso dinamismo que adquiere la actividad industrial, entre habitus construidos históricamente y nuevas prácticas, que se encuentran en tensión permanente. Este concreto real va conformando un campo socio económico que discurre entre viejas y nuevas prácticas y configura un territorio fragmentado y disociado. El trabajo parte de la consideración de las políticas públicas industriales y las prácticas específicas de los agentes de las pequeñas industrias para luego analizar a escala urbana la configuración territorial, en donde las dimensiones de la expansión urbana interactúan con la especificidad de las prácticas de los agentes analizados. El cambio paulatino en las políticas destinadas al sector industrial postconvertibilidad manifiesta una presencia cada vez más relevante de PyMEs. No obstante la inercia heredada del periodo anterior revela, en la gestión de las políticas industriales y las prácticas empresarias, un camino caracterizado por la desconfianza e incertidumbre de las pequeñas empresas

Reestructuración productiva y configuración territorial : Pequeña industria metalmecánica en la Ciudad de Córdoba 2002-2012

El desarrollo de esta investigación se conforma como la búsqueda de vinculaciones territoriales a escala urbana en la Ciudad de Córdoba frente a un proceso de carácter global, como es el de la reestructuración productiva. Este concreto real se aborda desde un caso, el de la pequeña industria metalmecánica, que por presencia histórica y peso en el producto bruto geográfico de la ciudad se constituye en uno de los sostenes de la economía urbana. El abordaje del proceso de reestructuración productiva se realiza desde el análisis de las prácticas de los agentes. Por un lado, las del gobierno como agente que regula las relaciones productivas a través de políticas públicas industriales en el marco de un régimen de acumulación capitalista, y por otro lado, las prácticas de las pequeñas industrias metalmecánicas como agentes que se desenvuelven en el procesos de producción en una dialéctica entre las tendencias de producción de reestructuración de escala global y un entorno inmediato de relaciones productivas con otros agentes, procesos de producción, marco regulatorio y políticas públicas. Esta dialéctica se materializa en el territorio y da lugar a una configuración territorial industrial a escala urbana, que no solo se explica por las prácticas de los agentes industriales sino además por el juego de otros agentes que producen territorio. En el período postconvertibilidad a partir del 2002, el crecimiento de las actividades productivas en su conjunto, imprimen una dinámica compleja de expansión urbana y de relaciones entre agentes de distintos sectores, con distintos intereses y poder de actuar en el campo. Aquí se avanza en comprender las dimensiones de la expansión urbana que inciden en la configuración territorial industrial. La configuración territorial como vínculo indisociable entre las prácticas de agentes (sistema de acciones) y la estructura productiva territorial (sistema de objetos) muta permanentemente en el contexto postconvertibilidad debido al intenso dinamismo que adquiere la actividad industrial, entre habitus construidos históricamente y nuevas prácticas, que se encuentran en tensión permanente. Este concreto real va conformando un campo socio económico que discurre entre viejas y nuevas prácticas y configura un territorio fragmentado y disociado. El trabajo parte de la consideración de las políticas públicas industriales y las prácticas específicas de los agentes de las pequeñas industrias para luego analizar a escala urbana la configuración territorial, en donde las dimensiones de la expansión urbana interactúan con la especificidad de las prácticas de los agentes analizados. El cambio paulatino en las políticas destinadas al sector industrial postconvertibilidad manifiesta una presencia cada vez más relevante de PyMEs. No obstante la inercia heredada del periodo anterior revela, en la gestión de las políticas industriales y las prácticas empresarias, un camino caracterizado por la desconfianza e incertidumbre de las pequeñas empresas

Causality Relationships between Total Exports with Agricultural and Manufacturing GDP in Tanzania

This paper, investigates causal relationships among agriculture, manufacturing and export in Tanzania by using time series data for the period between 1970 and 2005. The empirical results show in both sectors there is Granger causality where agriculture causes both exports and manufacturing. Exports also cause both agricultural GDP and manufacturing GDP and any two variables out of three jointly cause the third one. There is also some evidence that manufacturing does not cause export and agriculture. Regarding cointegration, pairwise agricultural GDP and export are cointegrated, export and manufacture are cointegrated. Agriculture and manufacture are cointegrated but they are lag sensitive. However, three variables, manufacturing, export and agriculture both together are cointegrated showing that they share long run relation and this has important economic implications.

An extended approach for service innovation study: an empirical research

Initially, service sector was defined as complementary to manufacturing sector. This situation has changed in recent times; services growth has resulted in a dominance of employment and economic activity in most developed nations and is becoming a key process for the competitiveness of their industrial sectors. New services related to commodities have become a strategy to differentiate their value proposition (Robinson et al., 2002). The service sector's importance is evident when evaluating its share in the gross domestic product. According to the World Bank (2011), in 2009, 74.8% of GDP in the euro area and 77.5% in United States were attributed to services. Globalization and use of information and communication technology has accelerated dissemination of knowledge and increasing customer expectations about services available worldwide. Innovation becomes essential to ensure that service organizations respond with appropriate products and services for each market segment. Customized and placed on time-tomarket new services require a more developed innovation process. Service innovation and new service development process are cited as one of the priorities for academic research in the following years (Karniouchina et al., 2005) This paper has the following objectives: -To present a model for the analysis of innovation process through the service value network, -To verify its applicability through an empirical research, and -To identify the path and mode of innovation for a group of studied organizations and to compare it with previous studies.

Optimization of urban mobility measures to achieve win-win strategies

European cities are essential in the development of Europe as they constitute the living environment of more than 60% of the population in the European Union and are drivers of the European economy – just under 85% of the EU’s gross domestic product is produced in urban areas (EC, 2007a). The car has been one of the main factors of development during the 20th century, but it is at the same time the origin of the key problems cities have to face: traffic increase. This has resulted in chronic congestion with many adverse consequences such as air pollution and noise. This loss of environmental quality is one of the reasons for urban sprawl in European cities during recent decades. But this urban sprawl at the same time worsens the environmental conditions. We must return to the dense city, but clean and competitive, and this implies reducing car use yet provides quality transport alternatives sufficient to recover and maintain the competitiveness of cities (EC, 2007a). Consequently, European cities need to establish an urban transport strategy which helps reduce their environmental problems –mainly emissions and noise – but without decreasing their trip attraction. This aspect is very important because a loss of trip attraction would result in an increase of people moving to more disperse areas, contributing towards worsening the current situation. This thesis is an attempt to contribute solutions to this problem in two ways: 1) The first is to analyze the complementarity and possible synergies of several urban transport measures aimed at improving a modal split to a more sustainable means of transport. This analysis will focus on the three aspects already mentioned: emissions, noise and attractiveness or competitiveness. 2) Once possible synergies and complementarities have been analyzed, the second objective is to propose the best combination of these measures, in terms of level of implementation, to achieve the maximum benefit with respect to the three aspects previously established: emissions, noise and attractiveness or competitiveness. Therefore, within the wide range of measures enhancing sustainable urban transport, three of them have been be selected in this thesis to establish a methodology for achieving these objectives. The analysis will be based on the region of Madrid, which is also the case study selected for this research. Las ciudades europeas son piezas fundamentales para el desarrollo europeo, ya que son el lugar de residencia de más del 60% de la población de la unión europea así como los motores de su economía – casi el 85% del PIB europeo se produce en áreas urbanas (EC, 2007a). El coche ha sido uno de los principales motores de desarrollo de las ciudades durante el siglo XX, pero se ha terminado por convertir a su vez en uno de los principales problemas con los que tiene que lidiar las ciudades: el aumento del tráfico. Esto ha derivado en unos niveles crónicos de congestión, con multitud de efectos adversos, entre los que cabe destacar la contaminación del aire y el ruido. Esta pérdida de calidad ambiental es una de las razones que ha propiciado la dispersión urbana que han experimentado las ciudades europeas en las últimas décadas. Pero esta dispersión urbana a su vez contribuye a empeorar las condiciones ambientales de las ciudades. Debemos retornar a la ciudad densa, pero limpia y competitiva, y esto implica reducir el uso del coche, pero proporcionando alternativas de transporte que permitan recuperar y mantener la competitividad de las ciudades (EC, 2007a). Por lo tanto, las ciudades europeas necesitan encontrar una estrategia de transporte urbano que ayude a reducir sus problemas medio ambientales – principalmente ruido y emisiones – pero sin hacerlas perder atractividad o competitividad. Este aspecto tiene gran importancia porque una pérdida de la misma se traduciría en un aumento de dispersión de la población hacia áreas periféricas, contribuyendo a empeorar la situación actual. Esta tesis contribuye a solucionar este problema de dos maneras: 1) La primera, analizando la complementariedad y posibles sinergias de diferentes medidas de transporte urbano orientadas a promover un reparto modal hacia modos más sostenibles. Este análisis se centrará en los tres aspectos anteriormente citados: emisiones, ruido y atractividad o competitividad. 2) Una vez las posibles sinergias y complementariedades se han analizado, el segundo objetivo es proponer la mejor combinación de estas medidas – en términos de grado de aplicación - para lograr el máximo beneficio en lo que respecta a los tres objetivos previamente establecidos. Para ello, en esta tesis se han seleccionado una serie de medidas que permitan establecer una metodología para alcanzar estos objetivos previamente definidos. El análisis se centra en la ciudad de Madrid y su área metropolitana, la cual se ha escogido como caso de estudio para realizar esta investigación.

A methodology for territorial distribution of CO2 emission reductions in transport sector

Greenhouse gas emission reduction is the pillar of the Kyoto Protocol and one of the main goals of the European Union (UE) energy policy. National reduction targets for EU member states and an overall target for the EU-15 (8%) were set by the Kyoto Protocol. This reduction target is based on emissions in the reference year (1990) and must be reached by 2012. EU energy policy does not set any national targets, only an overall reduction target of 20% by 2020. This paper transfers global greenhouse gas emission reduction targets in both these documents to the transport sector and specifically to CO2 emissions. It proposes a nonlinear distribution method with objective, dynamic targets for reducing CO2 emissions in the transport sector, according to the context and characteristics of each geographical area. First, we analyse CO2 emissions from transport in the reference year (1990) and their evolution from 1990 to 2007. We then propose a nonlinear methodology for distributing dynamic CO2 emission reduction targets. We have applied the proposed distribution function for 2012 and 2020 at two territorial levels (EU member states and Spanish autonomous regions). The weighted distribution is based on per capita CO2 emissions and CO2 emissions per gross domestic product. Finally, we show the weighted targets found for each EU member state and each Spanish autonomous region, compare them with the real achievements to date, and forecast the situation for the years the Kyoto and EU goals are to be met. The results underline the need for ?weighted? decentralised decisions to be made at different territorial levels with a view to achieving a common goal, so relative convergence of all the geographical areas is reached over time. Copyright © 2011 John Wiley & Sons, Ltd.

Risk Allocation in Toll Highway Concessions in Spain: Lessons from Economic Recession

Spain has a long tradition of encouraging toll highways by granting concessions to private companies. Concessions in Spain have been characterized by a willingness to transfer considerable risk to the private sector. Traffic demand, acquisition of the right-of-way, and financial risk have often been allocated to the private sector. From 1996 to 2011, 16 toll highway concessions, covering a total distance of 835 km, were awarded by the central government of Spain with this approach. Some of those highways started their operations just before the economic recession began. The recession had negative consequences for Spain's economy. The gross domestic product per capita plummeted, and the unemployment rate increased from 9% to 20% of the working population in just 2 years. The recession also had severe consequences for the economic performance of toll highway concessions. Traffic levels declined at a much greater rate than did the gross domestic product. In addition, the conditions imposed by the financial markets on borrowers became much stricter because of the liquidity crisis. This study analyzes the impact that the economic recession ultimately had on the performance of toll highway concessions in Spain and the actions that the government adopted to avoid the bankruptcy of the concessionaires. It was found that the economic recession helped identify some deficiencies in how risk had been allocated in Spain. The measures that both Spain and the European Union are adopting so as to improve risk allocation are discussed.