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Alumni commitment in higher education institutions: determinants and empirical ...
Pedro, Ilda Maria H.; Andraz, Jorge MiguelThis paper intends to analyze alumni commitment as a determinant to loyalty, measured by recommendation and participation and to identify its determinants considering satisfaction and image variables. Using data of a public Portuguese higher education institution, the results suggest that the performance and the timetable of support services, as well as the relationship with teachers, are determinants of alumni...
Monitoring tourism flows and destination management: Empirical evidence for Por...
Andraz, Jorge Miguel; Rodrigues, Paulo M. M.We propose the use of a tool recently introduced by Gayer (2010), known as the "economic climate tracer", to analyze and monitor the cyclical evolution of tourism source markets to Portugal. Considering the period 1987-2015, we evaluate how tourism to Portugal has been affected by economic cycles. This tool is useful as it clearly illustrates the evolutionary patterns of different markets, and allows us to iden...
On the relationship between soveregn bonds and credit default swaps in Portugal
Andraz, Jorge Miguel; Viegas, Cristina; Norte, NéliaThis paper aims at identifying the relationship between government bonds spreads and credit default swaps premiums in Portugal for long and short maturities, covering a period that includes the beginning of the 2008 international financial crisis. We estimate Autoregressive Distributed Lag error correction models for the sub periods prior and after the moment crisis started. Results reveal the absence of cointe...
Do tourism spillovers matter in regional economic analysis? An application to P...
Andraz, Jorge Miguel; Norte, Nélia; Gonçalves, Hugo S.This study estimates tourism's effects on economic performance at the national and regional levels, accounting explicitly for the existence of regional spillovers. The results suggest that there are important regional spillover effects on output, employment, and investment, respectively, and regions benefit differently from tourism located in the region and tourism located elsewhere in the country. The geograph...
DETERMINANTES DO CRESCIMENTO ECONÓMICO EM PORTUGAL: Uma abordagem sectorial par...
Andraz, Jorge Miguel; Silva, João Albino; Viegas, Carlos ManuelEste trabalho procura identificar os sectores de actividade que estiveram na base do crescimento económico da região do Algarve, a região sul de Portugal continental, bem como os estímulos de crescimento que conseguiram transmitir aos sectores endógenos da região no período entre 1995 e 2003. Com a adapção do modelo de Base Económica, aos níveis inter-regional e intra-regional, os resultados sugerem que foram o...
Determinantes do crescimento económico em Portugal: Uma abordagem sectorial par...
Andraz, Jorge Miguel; Silva, João Albino; Viegas, CarlosEste trabalho procura identificar os sectores de actividade que estiveram na base do crescimento económico da região do Algarve, a região sul de Portugal continental, bem como os estímulos de crescimento que conseguiram transmitir aos sectores endógenos da região no período entre 1995 e 2003. Com a adopção do modelo de Base Económica, aos níveis inter-regional e intra-regional, os resultados sugerem que foram o...
Output volatility in the OECD: are the member states becoming less vulnerable t...
Andraz, Jorge Miguel; Norte, NéliaThis paper analysis the vulnerability of the OECD member states to external shocks by estimating the degree of asymmetric effects from positive and negative shocks. We use asymmetric conditional heteroscedasticity models with endogenously determined regime changes in a context of progressive moderation in both moments. The results suggest that recessions are associated with higher volatility and significant lev...
On the economic effects of public infrastructe investment: a survey of the inte...
Pereira, Alfredo; Andraz, Jorge MiguelThis paper provides a survey of the significant literature on the effects of public infrastructure investment on economic performance and therefore constitutes a comprehensive reference for academic researchers and policy makers alike. It presents a comprehensive discussion of the empirical research regarding the impact of public infrastructure investment on economic performance in terms of both the methodologi...
On the economic effects of investment in railroad infrastructures in Portugal
Pereira, Alfredo; Andraz, Jorge MiguelThe objective of this paper is to identify the effects of railroad infrastructure investment on aggregate and regional economic performance in Portugal. At the aggregate level, we show that railroad investment crowds in private investment and employment and have strong effects on output. At the regional level, we show that railroad investment affects private investment positively in all regions, employment in o...
On the economic and budgetary effects of investments in SCUTS: the Portuguese t...
Pereira, Alfredo; Andraz, Jorge MiguelThis paper provides empirical evidence on the economic and budgetary effects of the recent investments in toll-free highways in Portugal, the so-called SCUTS, in an effort to bring some clarity to the current policy debate on these highways. This debate is centered on the issue of the financial sustainability of these highways for the public sector and is derived from the fact that their financing through publi...