annual report - Ivie

In 2012 an estimation was carried out on the national series corresponding to the period 1964-2011 for wealth
capital and productive capital (or volume indices of capital services). The disaggregation obtained is 18 types of
asset of each of the 44 industries considered. This breakdown allows two subaggregates of singular importance
to be analyzed: infrastructures and assets related to the new technologies (hardware, software and
telecommunications).
The territorial series for the above magnitudes, corresponding to the period 1964-2009, were estimated using
the same methodology. In this case, the disaggregation was obtained with 18 types of asset of each of the 52
provinces and autonomous cities considered, and also, during 2012 a disaggregation was carried out for
industries (37 for the autonomous communities and 25 for the provinces).
Also, in 2012, a report on investment and capital stock in Spain for the 1964-2011 period was made. The
objective of this report has been to analyze the latest data on stock, evaluate the impact on capital
accumulation of the fall of gross fixed capital formation (GFCF) and of the investment reduction efforts in recent
years in Spain; also, to analyze what is the scope of the restructuring of the investment which is taking place
during the crisis, by assets, sectors and territories, and its implications; and to identify those elements of
change which need to take place in the accumulation pattern that should improve the contribution of capital to
future growth, making it more sustainable.
Research team:
Matilde Mas (dir.) (Ivie, Universitat de València)
Francisco Pérez (dir.) (Ivie, Universitat de València)
Ezequiel Uriel (dir.) (Ivie, Universitat de València)
Lorenzo Serrano (Ivie, Universitat de València)
Rodrigo Aragón (Ivie)
Eva Benages (Ivie)
Vicent Cucarella (Ivie)
Juan Carlos Robledo (Ivie)
Héctor García (Ivie)
UNIVERSITY, UNIVERSITY STUDENTS AND PRODUCTIVITY IN SPAIN (2010-2012)
This monograph aims to evaluate the resources and results of the universities in Spain from the perspective
both of their inner performance and of their resources, and the socio-economic environment and its main
changes over time. The focus of the study is placed on the economic dimensions of the analyzed processes, in
particular, on issues such as efficiency and their relationship with the employment of graduates and their
productivity.
After presenting a synthesis of the analysis carried out and of the most important conclusions, the first part of
the study examines the following aspects: the Spanish universities in the international context, their structure,
size and functioning, their funding, resources available and used, the efficiency of its institutions, the results
obtained and services produced, the educational and research activities, and their specialization.
The second part of the monograph examines the productivity of graduates, in particular, the effect of having
university studies and work experience on the wages and employment of graduates; the use of human capital
considering the importance of the type of studies and the productive fabric of the country that employs the
graduates; the training received by the graduates and their entrepreneurial capacity; the extent of
overqualification among them; and lifelong learning for the productive use of human capital of the university
graduates.
Research team:
Francisco Pérez (dir.) (Ivie, Universitat de València)
Lorenzo Serrano (dir.) (Ivie, Universitat de València)
José Manuel Pastor (Ivie, Universitat de València)
Laura Hernández (Ivie)
Research and economic studies 41