July 2020 - Javier Parra | Digital economy and finance

Context Costs as a singularity of Frontier Economies

31 July, 202023 April, 2021 by Javier Parra

Javier Parra

318

By definition, context costs are understood as those costs that harm the competitiveness of companies and on the activities that these companies carry out about others that are also located close to the frontier. Moreover, the organisations most affected by context costs are those closest to the border, with this…

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The great potential of rural areas in Spain and Portugal for the implementation of new technologies

27 July, 202019 December, 2022 by Javier Parra

Javier Parra

335

Currently, the least populated regions of Spain have a population of approximately 0.98 inhabitants per square kilometre, and this situation is of great concern to European institutions, which are promoting initiatives that encourage the application of technological solutions in the area of agriculture, often relying on the IoT (Internet of…

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Digital analytics (history and evolution)

24 July, 202011 July, 2021 by Javier Parra

Javier Parra

462

When we talk about digital analytics, we refer to the tool that studies the activity within one or several websites, focusing mainly on visitor behaviour. However, to make good use of this tool, we must consider its origins and how it has evolved over the years. 1- Arrival of the…

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Ronald Coase, winner of the 1991 Nobel Prize in Economics

13 July, 202027 June, 2021 by Javier Parra

Javier Parra

432

Ronald Harry Coase was born in Willesden, just outside London, on 29 December 1910. This economist was awarded the Nobel Prize in Economics in 1991 for "having discovered and elucidated the significance of transaction costs and property rights in the institutional structure and functioning of the economy". This only child…

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Transaction cost theory or TCT

10 July, 202023 April, 2021 by Javier Parra

Javier Parra

583

Transaction cost theory attempts to answer the questions "why" or "what do firms exist for", understanding firms as a particular type of organisation. These types of organisations have a managerial hierarchy that allows them to manage transactions to minimise costs. The first notions of the theory were introduced by the…

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