Sistema Regional de Información
en línea para Revistas Científicas de América Latina,
el Caribe, España y Portugal

In the field of cultural industries, the publishing sector is one of the most important areas due to its huge turnover, the number of jobs it generates, and its contribution to GDP, amongst other factors. This sector has been the focus of numerous studies for many years, from a variety of standpoints such as: supply and demand, global markets, intellectual property rights, digital formats, and so on.The present study seeks to gain an understanding of this sector from the viewpoint of the financial situation of the firms involved, exploring such aspects as size, specialization, and financial economic profile. The goal is to gain further insights into the sector, describe it and to define a classification of firms that display similar financial-economic features, by applying multivariate size-reduction techniques in order to pinpoint the key factors in their financial structure that will enable us to form homogeneous clusters of firms.

The aim of this paper is to predict the economic growth of Argentina, Bolivia, Chile, and Peru through the Gompertz's biological growth model. In addition, we propose a model that improves the goodness of fit. We use Gauss-Newton, Newton-Raphson, and Levenberg-Marquardt algorithms in order to estimate the parameters of both models and verify their rate of convergence. The best model specification is chosen according to its Akaike and Schwartz-Bayesian criteria. The algorithms are implemented in Matlab v. R2013b software.

International financial crisis reflects a systemic global crisis. The revolution of ICT have given infrastructural basis to global markets, especially the financial market, which was backed up by institutional deregulation. However it has been generated a global system with the hegemony of the car-petroleum tandem and with liquidity generated by the free mobility of capitals without institutions which regulate it. Worldwide order established in the postwar period is not at all functional to the globalization sustained in the ICT. To solve peacefully the global crisis it is required a political decision to set up a New Sustainable International Order.

In this paper, the mortality rates of Spain are projected through a mixture of models based on the Akaike info criterion. We have worked with four of the most widely used models in the actuarial literature and the projections from the mix have shown better statistical properties than any model considered separately. Finally, the economic consequences of longevity risk are presented.

This paper finds out about a common cycle among ALADI´s countries, in the period 1945-2015. In order to do it, a factorial model is taken in count. Also, the Hodrick-Prescott and the Baxter-King filters are considered to obtain each national cyclical component. The results show the existence of a common cycle, without Cuba in the first case, and without Bolivia, Cuba and Panama, when national cycles came from BK filter. There is a high correlation between both common factors. Furthermore, the common cycles reflect the historical crisis in an accurate way. Finally, the analysis suggests that common cycle expansions have been longer than recession, reflecting its asymmetry.

The rate of economic growth is dissimilar between areas or regions, and these divergences generate potential impacton quality of life. The occurrence of the financial and economic crisis of 2008, can strengthen these gaps. Economicgrowth in this analysis includes six levels of gross domestic product growth rates (GDPgr) and seven variables withdirect implications on the quality of life of families. The observations are fifteen EU countries, organized into threegroups: northern, central and southern. The STATICO method (Simier et al., 1999) used in this research is a threewaymultivariate analysis supported on a partial triadic analysis (PTA, Thioulose and Chessel, 1987) to find the stablepart of the structure of a series of tables from 2006 to 2014, over a common structure resulting from the co-inertiaanalysis (Dolédec and Chessel, 1994) applied to each pair of an economic growth tables and a life standard tables.With this method, it was possible to extract the stable part of economic growth-life standard common relationshipsand to analyze the influences of the financial crisis of 2008

The water footprint and economic productivity of water, capital and labor force were determined in pecan (Carya illinoiensis) cultivation in Francisco I. Madero (FIM), Coahuila, Mexico, and data gathered compared to that derived from Water District - 017 (WD-017) Comarca Lagunera, Mexico. They were used the mathematical models of Ríos et. al., (2015, 2016, 2016a). Results indicate that water production in physical terms; when comparing FIM with WD-017 was 0,064 kg m-3 vs 0,075 kg m-3, show that FIM was 16% less productive in water use. Likewise, FIM pecans used 15,73 m3 kg-1, while WD-017 utilized 13,25 m3 kg-1. Equal water volume, 1 hm3 produced in FIM 10.921 USD profits and 17 work spaces, and USD 86.178 USD and 14,70 jobs in WD-017. Producers water cost was extremely low: 0,0006 vs 0,0096 USD. The cost-benefit analysis in FIM and WD-017 was 1,097 and 2,138 respectively. Soil productivity was 0,94 ton ha-1 in FIM and 1,28 ton ha-1 in WD-017, while the gain ha-1 was 161 USD in FIM and 1.462 USD in WD-017. One million USD capital investment generated 151 work spaces in FIM and 194 in WD-017. One labor hour yielded 1,62 kg nuts in FIM and 2,23 kg at WD-017, as well as 0,28 and 2,55 USD profit for FIM and WD-017, respectively.

GDP has been the most widely accepted measure of economic performance but it fails to accurately measure economic development, overlooking key aspects of quality of life and sustainability. Thereby, the Index of Sustainable Economic Welfare (ISEW) emerges as the dominant alternative. This paper aims to (i) compare both GDP and ISEW as measures of economic performance and (ii) establish the effects of natural resource exploitation and globalization on both economic growth and sustainable development. A Panel Autoregressive Distributed Lag approach is used, to check for short and long-term effects. The panel is composed by 14 OECD countries, using annual data for the time span from 1995 to 2013. Results show that natural resources rents have a positive effect on GDP per capita in the short-run and a negative effect on ISEW per capita on both short and long-run. Trade openness has a positive impact on short-run economic growth and negative impact on long-term sustainable development. Policy makers ought to consider ISEW as an alternative and more accurate measure of economic performance, should implement policies that reduce the depletion of natural resources and confine the harmful effects of globalization to enhance economic development and create more welfare.

differential characteristics in each of them. In the Spanish case, the previous gestation of the crisis was driven by the introduction of the euro and the European Monetary Policy applied by the European Central Bank (ECB) that gave the false sense that we had assured in the future monetary stability with low rates of interest. This process required intermediaries to leverage individuals and companies and, in this area, the financial sector contributed to further fueling and increasing risk in the absence of preventive measures and insufficient information. The Bank of Spain, which still had the powers of financial regulation, did not act until well into the crisis.In this paper we try to explain how this process has produced that has generated that the Spanish financial crisis has been of greater intensity than in other countries, leading to the elimination of the savings banks and the European funds rescue in 2012.

The knowledge gap on the innovative process in economically and technologically less developed or peripheral regions has harmed the expected economic impact of innovative measures in these regions. The main objective of this paper is to characterise innovative firms in contrast with non-innovating companies in Andalusia, an important Spanish region and one of the main peripheral regions of the European Union. For the empirical research, a survey on 430 Andalusian firms from four technological and non-technological sectors was carried out, distinguishing between product innovation and process innovation. The analysis of the typology reveals common features associated with each type of innovation. Thus, the organization that innovates in products is characterised by the development of an innovative capacity where the sources of internal knowledge predominate over external sources. On the other hand, the organization that innovates in processes bases its innovative capacity on internal knowledge and on certain external sources.