annual report - Ivie

• THE BANKING RELATIONSHIPS OF SPANISH FIRMS (2012)
Also for Funcas, a study has been carried out which objective was to offer a descriptive analysis of the banking
relationships of Spanish firms in the 2000-2010 period based on a sample of more than 200,000 companies.
The report analyzes the differences that exist in the size, productivity, profitability, indebtedness, risks and cash
flow of the Spanish companies according to the number of banking relationships, the type of financial institution
with which they interact, the length of the relationship or its intensity, among other aspects. It also makes an indepth
analysis of the specific case of the construction and real estate sectors, given the importance of the
behavior of the Spanish credit institutions and the different impact the crisis has had on these institutions in
view of their exposure to the mentioned activities.
Research team:
Joaquín Maudos (Ivie, Universitat de València)
Juan Fernández de Guevara (Ivie, Universitat de València)
Rodrigo Aragón (Ivie)
Jimena Salamanca (Ivie)
• ANALYSIS OF THE TRANSFORMATIONS OF THE VALENCIAN ECONOMY
THE OBSERVATORY OF THE VALENCIAN INDUSTRY AND ECONOMIC SECTORS (2011-2012)
The Observatory of the Valencian Industry and Economic Sectors is an advisory body for the participation,
consultation, monitoring and evaluation of the Industrial Policy Strategy (IPS) 2010-2015. This strategy provides
a medium and long-term roadmap on which to articulate the broad outlines of the industrial policy of the
Valencian Community in the coming years, as a result of consensus among economic and social agents and the
Public Administration. Commissioned by the Regional Ministry of Economy, Industry and Trade, the Ivie
collaborates in the development of the strategy and has taken part in following activities:
⎯ The assessment of the situation of the IPS taking into account the impact of the economic crisis
during the 2010-2012 period and updating those indicators that are determinant for monitoring and
evaluating the strategy’s main lines of action, i.e., people, innovation, diversification, business growth
and internationalization.
⎯ The revision of the 2010-2015 IPS based on the working groups that are formed by the social and
economic agents that participate in the Observatory, to carry out a prior analysis of the situation in the
region and to develop a series of proposals to serve as guidelines for policy.
⎯ The coordination and technical support of the working groups and the definition of the methodology to
be followed in each of them.
⎯ The production of reports with analyses and proposals for action developed by the working groups.
⎯ The direction of the working group on regional competitiveness that focuses on the influence of costs,
financing and infrastructures on the productivity and competitiveness of the Valencian region.
⎯ The development of a database with the main indicators for the follow-up of the IPS.
Research team:
Javier Quesada (Ivie, Universitat de València)
Carlos Albert (Ivie, Universitat de València)
Abel Fernández (Ivie, Universitat de València)
Juan Pérez (Ivie)
REINFORCING THE COMPETITIVENESS OF MADRID AND THE VALENCIAN COMMUNITY:
CHALLENGES AND SYNERGIES (2011-2012)
The Conexus Foundation has commissioned to the Ivie this research that makes an in-depth analysis of the
historical trajectory of Madrid and the Valencian Community and the outlook for these regions. The study
Research and economic studies 47