Este artículo propone una revisión crítica de la relación entre integración y apertura comercial y crecimiento. La disparidad de resultados entre unos estudios y otros obedece, en muchos casos, a la utilización indistinta de indicadores asociados a la apertura, fundamentalmente al peso de...

Risk management in this paper is focused on multivariate risk-return decision making assuming time-varying estimation. Empirical research in risk management showed that the static "mean-variance" methodology in portfolio optimization is very restrictive with unrealistic assumptions. The...

Actualmente la comercialización del agua embotellada ha cobrado importancia en la mayoría de países de América latina, realizando fuertes inversiones en su desarrollo tanto el capital transnacional como los capitales nativos. El presente trabajo presenta un estudio de mercado solicitado por...

En este artículo examinamos la correcta evaluación de las perpetuidades sin crecimiento real. El caso de una perpetuidad “pura” no creciente, es decir, con crecimiento real cero e inflación cero, es interesante desde el punto de vista académico, pero puede llegar a ser difícil de...

En la actualidad el turismo se configura como uno de los sectores de mayor aportación al PIB de determinados países que en pocos años han visto cómo esta industria es capaz de configurarse como un motor fundamental de su economía. En el marco de la Unión Europea, cabe destacar países como...

The Technologies of Information and Communications (TIC´s) are redefining part of the conduct patterns that regulate the social interaction. The time and the space have stopped being a limit in driving so much of the people, companies and governments. At world-wide level the breach between the...

Presently article is carried out an analysis of affinities in the money perception for people that save or get in debt, in order to know the consequences that have the subjective valuations in relation to the money in the economic behavior characteristic of each group settling down. The...

Increasingly, the creativity and innovation potentials are becoming key factors for IT companies on an ever growing market, The Danish IT companies appear to have a strong base for competing with the rest of the world however it is clear that the companies have difficulties in managing their...

This study attempts to outline the practical steps which need to be undertaken to use autoregressive integrated moving average (ARIMA) time series models for forecasting Pakistan's inflation. A framework for ARIMA forecasting is drawn up. On the basis of in-sample and out-of-sample forecast it...

This paper analyses the repercussions of the high level of criminal violence in Latin America on the economy of the countries of the region. The theoretical reflections are accompanied by an empirical study using panel data made up of sixteen countries and covering the period 1979-2001. The use...