4,201 research outputs found
Productivity in economies with financial frictions: facts and a theory
No full textWe document and account for two facts regarding the relation between international interest rates and total factor productivity (TFP) in a sample of developing countries. First, there is a negative correlation between both variables at quarterly frequency. Second, the share of agricultural labor and interest rates are positively correlated, whereas the share of agricultural labor and TFP are negatively correlated. Manufacturing labor shows opposite correlations. These relationships are particularly strong in the aftermath of financial crises. We then construct a model in which the presence of costly intermediation can produce such relationships. We show that, after increases in interest rates, a requirement to intermediate factors of production in high productivity sectors, like manufacturing, causes resources to leave these sectors. Resources end up in low productivity sectors, like agriculture, where intermediation is cheaper. This lowers aggregate productivity. We show that the channel we identify is quantitatively important in the case of Korea after the 1997 financial crisis.<br/
Total factor productivity and labor reallocation: the case of the 1997 Korea crisis
No full textDetrended Total Factor Productivity (TFP), net of changes in capital utilization, fell by 3.3% after the Korean 1997 financial crisis. Detrended real GDP per working age person fell by 11.9%. We construct a two-sector small open economy model that can account for 30.0% of the fall in TFP in response to a sudden stop of capital inflows and an increase in international interest rates. Empirically, the fall in TFP follows a reallocation of labor from the more productive manufacturing sector to the less productive agriculture and public sectors. The model has a consumption sector and an investment sector. The reallocation of labor in the data corresponds to a movement from the investment sector to the consumption sector in the model. In the model, a sudden stop raises the costs of imports, which are used more heavily as an input in the investment sector. Also investment falls sharply in response to the increase in international interest rates. We show further that a fall in export demand and working capital requirements can both amplify the effects of the sudden stop. The model accounts for 41.0% of the fall in GDP.<br/
San Felipe los Alzati: Michoacán
No full textLa información de esta miniguía se basa en los trabajos de los arqueólogos Otto Schondube Baumbach, Jesús Teja Andrade, Wanda Tomassi de Magrelli y Estela Peña DelgadoEl asentamiento formaba parte de la frontera oriente del señorío tarasco. Se desconoce el nombre prehispánico del lugar; en la época colonial se llamó San Felipe Calvario, y en 1895, éste último se le cambió por el apellido Los Alzati, en honor de los hermanos José María, Marcos y Darío, héroes locales de la época de la intervención francesa. Las exploraciones arqueológicas llevadas a cabo en el sitio han sido escasas, por lo que sólo se ha descubierto una pequeña parte que corresponde a la zona ceremonial, ésta es, el área visitable.</p
Presentación de la asignatura: Introducción a la Ingeniería Industrial
No full textEl vídeo presenta a la asignatura Introducción a la Ingeniería Industrial, describe las unidades didácticas
Documentos. Felipe V y sus confesores jesuitas. El "cursus" episcopal de algunos personajes ilustres del reinado
No full textIn the present text the author reproduces twenty-seven unpublished documents dated between 1701 and 1774. These papers prove that during the reign of Felipe V the Jesuit Royal Confessionary bore the final responsibility for transferring prelates or filling vacant bishoprics.En este trabajo el autor reproduce veintisiete documentos inéditos que se sitúan entre 1701 y 1744. En estos papeles queda demostrada la responsabilidad última que, durante el reinado de Felipe V, tuvo el confesionario real jesuítico para la traslación de los prelados o para la provisión de los obispados vacantes
ESTRATÉGICA PROSPECTIVA DE DESARROLLO LOCAL INTEGRAL DEL SECTOR JESÚS DE NAZARET, PARROQUIA CIUDAD DE NUTRIAS, MUNICIPIO SOSA, ESTADO BARINAS
No full textEl objetivo de la investigación fue proponer acciones prospectivas estratégicas destinadas al desarrollo local del sector Jesús de Nazaret, parroquia Ciudad de Nutrias Municipio Pedro Felipe Sosa del Estado Barinas. Los fundamentos teóricos se encuentran en la teoría del desarrollo social según los enfoques de Vásquez (2000), Boisier (2003), asimismo, las acciones prospectivas establecidas por el Instituto de Prospectividad Estratégica de España (1999). La investigación se enmarcó en el paradigma cuantitativo, bajo la modalidad de proyecto factible, apoyado en un estudio de campo y diseño no experimental
Felipe Pinglo Alva: Raíces ancestrales sechuranas (piuranas)
No full textEl autor presenta los resultados de una investigación histórica acerca de los antepasados de Felipe Pinglo Alva reconocido autor de música popular peruana, cuyo vals “El plebeyo” es emblemático, y asimismo, discute y explica los orígenes del apellido Pinglo en base a averiguaciones efectuadas en archivo eclesiásticos en la región de Piura, al norte del Perú.
Palabras clave: Felipe Pinglo Alva, Piura música popular peruana
Abstract
The author informs about the results of a historical investigation about the ancestor of Felipe Pinglo Alva, renowned author o peruvian popular music, whose waltz “El plebeyo” is emblematic of this music, and discusses and explains the origins of the surname Pinglo based on research carried out in ecclesiastical archives in the region of Piura, in northern Peru.
Keywords: Felipe Pinglo Alva, Piura, Peruvian popular musi
Entretanto
No full textTitle: Entretantos (In Between)Author: Felipe PatiñoTechnique: Acrylic on canvasDimensions: 160 × 250 cmYear: 2025Título: EntretantosAutor: Felipe PatiñoTécnica: Acrílico sobre lienzoDimensiones: 160 × 250 cmAño: 2025Título: EntretantosAutor: Felipe PatiñoTécnica: Acrílico sobre telaDimensões: 160 × 250 cmAno: 202
Productivity in economies with financial frictions: facts and a theory
No full textWe document and account for two facts regarding the relation between international interest rates and total factor productivity (TFP) in a sample of developing countries. First, there is a negative correlation between both variables at quarterly frequency. Second, the share of agricultural labor and interest rates are positively correlated, whereas the share of agricultural labor and TFP are negatively correlated. Manufacturing labor shows opposite correlations. These relationships are particularly strong in the aftermath of financial crises. We then construct a model in which the presence of costly intermediation can produce such relationships. We show that, after increases in interest rates, a requirement to intermediate factors of production in high productivity sectors, like manufacturing, causes resources to leave these sectors. Resources end up in low productivity sectors, like agriculture, where intermediation is cheaper. This lowers aggregate productivity. We show that the channel we identify is quantitatively important in the case of Korea after the 1997 financial crisis. Keywords; small open economy, financial intermediation, total factor productivity
Rehabilitation and return-to-sport after anterior cruciate ligament injury and reconstruction: Exploring physical therapists' approaches in Argentina
No full textObjectives: To investigate the current clinical practice regarding pre- and post-surgical rehabilitation and return to sport (RTS) criteria following anterior cruciate ligament reconstruction (ACLR). Design: Cross-sectional design. Online survey. Setting: Survey platform. Participants: Argentinian physical therapists (PTs). Outcome measures: The survey consisted of a combination of 39 open- and closed-ended questions, divided across 3 sections: (1) demographic and professional information, (2) clinical practice and rehabilitation strategies, and (3) return-to-running (RTR) and RTS. Results: A total of 619 PTs completed the survey. Considerable variability was observed in preoperative rehabilitation, criteria used for rehabilitation progression and RTS decision-making criteria used by PTs. From the total surveyed, 336 (54.3%) carried out RTS assessment in their clinical practice. Most of PTs (53.3%) use visual estimation to assess knee range of motion. Only 20% of the PTs reported incorporating patient-reported outcome measures in their decision-making. From PTs who use strength assessment as a criterion of RTS (68.8%), 16.6% extrapolate this from jump tests and 15.3% use manual muscle testing. Less than the 50% of the PTs recommended nine months or more to allow patients to RTS. Conclusions: Current rehabilitation practices of Argentinian PTs following ACLR are largely variable and not aligned with current evidence and scientific guidelines. To achieve better rehabilitation and RTS practices better knowledge dissemination and implementation are required.The authors extend their gratitude to all individuals who contributed to the distribution and participation in this study
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