In this work we study the effect on the current expending of different models of managing the university budget, establishing different expenditure control policies, both in the way of managing and when introducing technological improvements. A panel data of expenditures in several basic...

The dismal growth performance of Africa in the last decades is one of the main worries of the global economy. In this paper we design an empirical model to explain how the growth rate of the economy is affected by changes in international trade. The main message of the model is that integration...

In this paper we select an optimal portfolio on the Croatian capital market by using the multicriterial programming. In accordance with the modern portfolio theory maximisation of returns at minimal risk should be the investment goal of any successful investor. However, contrary to the...

Corporate Social Responsability is one of the strongest bets for the future in the European Union. CSR principles are characterised by the willingness to incorporate a series of management guidelines to achieve positive actions (ethical, solidarity, environmental, ...) within the interest...

According to Kaldor (1970), regional growth patterns arise from a cumulative causation process as broadly combining two substantial mechanisms i.e. a productivity regime, known as the “Kaldor-Verdoorn” law, and a demand regime due to the expansion of exportations. This paper attempts to...

An ageing population is prompting the reform of pension systems. The Spanish pension system has undergone two consecutive reforms and a third one is currently being taking into consideration. All three involve the lengthening of the period used to calculate the size of pensions. This paper...

Fund Management today uses the active and passive way to construct a portfolio. Exchange Traded Funds (ETFs) are cheap instruments to cover the passive managed part of the investment. ETFs exist for stock-, bond- and commodity markets. In most cases the underlying of an ETF is an Index. Besides...

The aim of this project is to apply a statistical analysis of compositional data in order to study the inactivity rate in the economy of Argentina. We try to confirm the hypothesis of allometric effects on overall levels of economic inactivity per big urban conglomerate and their features...

The aim of this study is to analyze whether the factors influencing debt change their effect depending on the company’s debt level. This could be very useful for studying for example high-debt firms’ determinants. We work with a panel data of 17,776 companies for the 2001-2006 period and...

We analyze the international market, fresh or chilled fish and its impact on exports and Mexico´s competitiveness in this market from 1995 to 2005. It was found that the production and global consumption of fish present in generally good perspective, the two grew significantly from 1995 to...