ECOBAS Research Seminar: André Seidel - University of Bergen (Norway)
How much do we know about firm activities around the world? To understand global firm networks and how they operate, we need consistent information about their activities that is not biased by firm reporting choices. In this paper, we collect a novel dataset on factory land consumption and the light these factories produce at night for a large sample of car manufacturing plants to provide such data. We show that we can measure firm activity with this data, using annual firm financial data and high-frequency data related to COVID-19 pandemic production shocks. We use this data to quantify the extent of unreported and misallocated global turnover and show the asset allocation across subsidiaries of multinational firms (MNCs) that is not biased by profit shifting.
Seminar in English
XXXV ASEPELT International Congress
June 29 to July 2, 2022
Organizer: Department of Applied, Public and Political Economics. School of Statistical Studies - Universidad Complutense de Madrid
Important dates:
- Deadline for submission of abstracts: March 15, 2022
- Acceptance Notice: March 20, 2022
More information: https://www.congresoasepelt.com/
Doctorate Seminar: Javier Turienzo Riveiro (University of Vigo)
Mobility, understood as the ability to easily organize and execute the transport of people or materials, plays a central role in the day-to-day life of organizations. The evolution of mobility is highly interconnected with social trends and the development of technological innovation, and the impact of changes in the industry and the value chain needs to be addressed. The incorporation of solutions in the field of electrification, servitization, automation, or connectivity will prevail as major trends when their comparative performance with current media improves. In order to plan and develop the strategy that prepares companies and public administrations, it is necessary to rethink how they try to enter the market and define the role of the possible actors. Consequently, the seminar deals with the study of current and future changes in mobility as a result of innovation, changes in lifestyle, and technological impact.
ECOBAS Research Seminar: Tiago Tavares – ITAM (México)
ABSTRACT:
Using new census-type data and a dynamic structural model, we study the effect of credit supply on investment by manufacturing firms during the Greek depression. Real factors (profitability, uncertainty, and taxes) account for only a fraction of the substantial drop in investment observed in the data. The reduction in credit supply has significant real effects, explaining 11–32% of the investment slump. We also find that exporting firms, which reduce investment and deleverage despite their improved profitability during the crisis, face a contraction in credit supply similar to that of non-exporters, suggesting that the credit-supply shock has a significant common component.
More info about the speaker
Funcas. 'Oportunidades y desafíos de la economía española tras la pandemia'
18:30 h PRESENTATION
- Carlos Ocaña, General Director of Funcas
OPENING
- Nadia Calviño, First Deputy Prime Minister and Minister of Economic Affairs and Digital Transformation
19:00 h ROUND TABLE ON THE BOOK LABERINTOS DE LA PROSPERIDAD (The Labyrinths of Prosperity)
- Xosé Carlos Arias, Professor of Applied Economics at the University of Vigo
- Antón Costas, President of the Economic and Social Council
Moderator
- Eduardo Bandrés, Funcas and University of Zaragoza
JRC B2 Seminar. 'Using Capital income to Proxy Family Background: An application to inequality of opportunity', Hugo del Valle-Inclán (JRC-Sevilla)
The measurement of opportunity inequality has attracted increasing attention in recent years, despite the fact that its empirical application suffers from stringent data limitations. In this paper we address one of these problems: the scarcity of data on family background. We propose to use a widely available variable as alternative proxy of socioeconomic origin, instead of the traditional and sparse proxies commonly employed. This alternative proxy is capital income. Using data of 31 European countries we first successfully test the accuracy of our approach, and then we apply it to obtain many new inequality of opportunity estimates. These results are useful for the measurement of inequality of opportunity, but also in other areas of research where we want to account for family background.
