José Manuel Pastor Monsálvez

José Manuel Pastor Monsálvez
University of Valencia | UV · Departamento de Análisis Económico

PhD Economics and Business Administration

About

138
Publications
15,359
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4,449
Citations
Citations since 2016
19 Research Items
1576 Citations
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2016201720182019202020212022050100150200
2016201720182019202020212022050100150200
2016201720182019202020212022050100150200

Publications

Publications (138)
Technical Report
Full-text available
Air Nostrum es una compañía líder en el transporte aéreo regional en España siendo, con diferencia, la com-pañía aérea valenciana más importante de la Comunitat Valenciana y una de las cinco empresas más impor-tantes de la región. Asimismo, es líder en España en la aviación regional. Su actividad ejerce un papel muy relevante como motor económico,...
Article
While equality of opportunity in education has been studied, the literature mainly focuses on academic performance and its determinants. Thus, to help fill this gap, this paper identifies the factors that contribute to improving equality of opportunity and the policies that should be implemented to achieve it. This work is novel in various ways. Fi...
Book
Este libro analiza el avance de la sociedad del conocimiento en la Comunitat Valenciana desde la perspectiva de su evolución temporal y comparada con el conjunto de España y otras regiones. El trabajo finaliza valorando las repercusiones económicas que el avance de la sociedad del conocimiento supone para la economía. Índice: 1. Introducción; 2. La...
Article
This article examines the influence of parents’ education and employment status on the attained educational level of their children with special reference to gender differences. Our study analysed what determined the probability of Spanish young people completing university education. The study used a sample of 132,421 observations of people under...
Article
This paper presents an estimation of the contribution of Higher Education Institutions (HEIs) to economic growth and the Gross Domestic Product per capita of the European (EU) countries over the period 2000–2015. For this purpose, we analyse the universities’ effects on the supply side of their national economies, especially the contribution of the...
Conference Paper
This article presents the use of blogs as a connection tool between different levels of the educational community and specifically, among undergraduate and high school students. Moreover, in this study we exhaustively describe the applied innovation process, from its conception until its implementation. We particularly contribute to the educational...
Article
Rich regions, poor regions and bank branch deregulation in Spain. Regional Studies. The links between financial deregulation and economic performance are evaluated in a European context. Specifically, the study analyses the relaxation of bank branching restrictions in Spain, which triggered a remarkable interregional expansion of savings banks that...
Conference Paper
The Teaching Innovation Team Econ-Innova, one along its trajectory and through its different teaching innovation experiences since 2011, has noted that the effectiveness of teaching innovation requires first and foremost a noteworthy effort of coordination and planning which may involve a heterogenic group of actors: teachers, students, committees,...
Article
Light Absorption and Scattering technique (LAS) has been applied for the measurement of fuel vapor distribution in diesel-type sprays. This technique is usually limited to fuels with relatively high absorptivity, which are sometimes not commonly used as surrogate fuels. In the present paper, a comparison of fuels with very different absorptive prop...
Article
The analysis of productivity in Higher Education Institutions (HEIs) at a European level reveals enormous differences in output per researcher across countries. This study develops a 5-step methodology that explicitly considers the quality of scientific output in EU universities and its specialisations to explain and decompose the differences in ou...
Conference Paper
Full-text available
En este artículo se presenta la herramienta clickers, un dispositivo pedagógico basado en un sistema de votación electrónica que tiene como objetivo fomentar la interacción, el debate y el dinamismo en la audiencia. Entre sus principales ventajas, con respecto a otros recursos educativos existentes, puede destacarse su sencillez, variedad de uso y...
Article
Full-text available
El projecte de convergència educativa impulsat per l'Espai Europeu d'Educació Superior (EEES) ha generat noves metodologies docents i processos d'avaluació en els sistemes d'educació universitaris. Aquest nou plantejament pedagògic genera una inqüestionable oportunitat perquè els distints segments de la comunitat universitària vegen en les TIC una...
Article
The present work includes findings from proof-of-principle feasibility studies on iron nanopowder combustion under idealized, enginelike, and real engine conditions. The study was conducted under the scope of recent interest in metallic nanoparticles as alternative fuels for internal combustion engines. More specifically, Fe nanoparticles with diff...
Chapter
Desde la década de los 90 si inició el debate de alcance global en torno al proceso generalizado de renovación metodológica en la enseñanza superior, reavivado en la Unión Europea con la implantación del Plan de Bolonia, que llegó a las universidades españolas en el curso 2010–11. En este contexto, este capítulo aporta evidencia empírica sobre los...
Article
Pastor J. M. and Peraita C. The tax returns of public spending on universities: an estimate with Monte Carlo simulations, Regional Studies. This paper proposes a methodology based on counterfactual scenarios and the existence of uncertainty to estimate the tax returns of public spending of regional governments on their public universities. The intr...
Article
Raising educational levels may help to reduce inequalities between men and women in certain social and economic aspects. Using statistics for Spain, we analyse labour market behaviours such as the rates of activity and unemployment by sex according to the educational level. The results reveal that the differences between men and women decrease as t...
Article
The measurement of the research output of the Higher Education Institutions (HEIs) is problematic, due to the multi-product nature of their teaching and research activities. This study analyses the difficulties related to the measurement of the research output of the HEI and proposes a simple overall indicator which incorporates quantitative and qu...
Article
In contrast to previous studies on the economic impact of universities that focus on the demand side, this study centres on universities' effects on the supply side of the economy. Through a case study of the Spanish University System, this paper proposes a methodology based on counterfactual scenarios and growth accounting to estimate the long-ter...
Article
The contribution of universities to society is due to the effects generated both in the supply and in the demand side, the latter being associated with the injection of demand as a result of the activities these institutions carry out. This paper focuses on the impact of the demand side by designing a methodology based on Monte Carlo simulations so...
Article
This paper studies the impact of the subprime crisis on the ratings issued by the rating agencies in evaluating the solvency of banks. After ascertaining a significant worsening of ratings after the crisis, the paper hypothesises the possibility that this worsening is due not exclusively to a deterioration in the banks’ credit quality, but also to...
Chapter
The ratings described by the Bank of England’s Financial Stability Paper (2011) are an ordinal ranking of a borrower’s, or a security’s, credit quality, evaluated by a rating agency on the basis of a fundamental analysis of the financial and legal information by the issuer of a security. Therefore they have an important role in financial markets, b...
Article
There has recently been a great deal of interest in the impacts of the deregulating and restructuring measures in the European railway sector. A vast amount of literature is devoted to analyzing the effects of these deregulation and restructuring measures on efficiency and productivity and the results are not totally unambiguous. However, while mos...
Article
We analyze the effects of the expansions of the European Union on inequality using an approach based on individuals' lifecycle incomes. This allows us to consider the effect of different rates of growth and survival rates. This differs form the usual analyses of inequality that focus on the evolution of current per capita income for the period. Our...
Article
This paper provides evidence on the links between financial deregulation and economic performance in a European context. Specifically, we study the relaxation of bank branching restrictions in Spain which triggered off a remarkable inter-regional expansion of savings banks which was coincidental with an unprecedented period of sustained growth. Alt...
Article
The relationship between ignition, lift-off length and soot formation was investigated for a collection of fuels in an optically-accessible modified 2-stroke engine under a set of typical quasi-steady state Diesel DI conditions. Five fuels including biodiesel blends and Fischer-Tropsch fuels have been selected for their potential to substitute conv...
Article
This paper reports the first results on alkylphenol pollution in edible bivalves from the Spanish coast. Two sampling campaigns (July 2006 and July 2007) were carried out to determine the concentration of nonylphenol (NP), octylphenol (OP), and eight polycyclic aromatic hydrocarbons (PAHs) in wild mussels (Mytilus galloprovincialys) and clams (Dona...
Chapter
A rating is an indicator, normally drawn up by a specialized agency, which measures the solvency of an entity or issue of assets by means of a categorical scale. The ultimate purpose of ratings is to inform other market agents (investors and regulators) regarding the solvency of the entities evaluated and/or of the assets issued. The rating reduces...
Article
This paper analyses productivity growth for European banks over the 1995-2001 period. In contrast to previous literature, our study covers the majority of current European Union (EU) countries—all except Greece and those joining the EU in 2004. We also use resampling methods so as to gain statistical precision, which turns out to be especially impo...
Article
The processes of vertical and horizontal separation within the railway sector are relatively recent in many European countries, and as a result, little analytical research has been carried out on their impact. The purpose of this paper is to analyse the effects of these organisational reforms on efficiency, productivity, and technical change in six...
Article
Full-text available
The recent financial turbulences, which started in the US in August 2007, have affected the credit market in many countries around the world.We have chosen some countries with and without a previous housing price bubble so as to check if the presence of a former real asset price hike matters in the magnitude of the subsequent credit crunch that fol...
Article
The literature on inequality among economies has focused mainly on analysing the dispersion of indicators such as current income per capita. In this paper we adopt a different approach from the usual one. In order to analyse inequality and convergence among Spanish regions, we propose to use a measure of permanent income that takes into account the...
Chapter
Full-text available
For almost two years international financial markets have been under great pressure, originating with the sub-prime mortgage episode. This, in turn, was triggered by the downturn of the US housing cycle and spread quickly into third countries in the form of severe losses and an increasing lack of confidence. Market liquidity dried up almost instant...
Article
Full-text available
El proceso de adaptación al Espacio Europeo de Educación Superior afecta tanto a la metodología de enseñanza-aprendizajecomo a su evaluación, razón por la que puede ser la oportunidad perfecta para que profesores y alumnos saquen el máximopartido a las TIC. Este artículo presenta una herramienta basada en la aplicación Google Docs, que permite inte...
Chapter
Besides enrichment at personal level entailed by the increase in the cognitive and intellectual levels of the person associated with education, a large number of studies have verified the greater the human capital of a person, the greater is his employability, his participation in the labour market, his functional and geographical mobility and, the...
Article
Full-text available
La constatación de los importantes cambios en relación a la docencia que implica el proceso de Bolonia y la soledad en la que tales transformaciones deben llevarse a cabo por parte del profesorado, impulsó a un grupo de profesores de diversas universidades públicas españolas a plantear la oportunidad/necesidad de que los docentes intercambiaran opi...
Article
The paper reports an investigation on the transient evolution of diesel flames in terms of fuel–air mixing, spray penetration and combustion rate. A one-dimensional (1D) spray model, which was previously validated for inert diesel sprays, is extended to reacting conditions. The main assumptions of the model are the mixing-controlled hypothesis and...
Article
Full-text available
The linear sizing technique is used to evaluate the accuracy of a new correction strategy to limit scattering matters. The ratio of the elastic scattered light with fluorescence emission over monodispersed microspheres homogenously mixed in water is measured. Three cells filled with different concentrations of these fluorescent particles are illumi...
Article
The fact that the Bologna process involves significant changes in teaching and that teachers are alone in carrying out these changes, encouraged a group of professors from different Spanish universities to present the opportunity / need for professors to exchange views and experiences in teaching, as is done in the field of research. All of this to...
Article
Given that the process of adapting to the European Higher Education Area affects both the teaching-learning methodology as well as its assessment, this could be the perfect opportunity for teachers and students to take full advantage of ICT. This article presents a tool based on the Google Docs application that enables interaction with students, in...
Article
Full-text available
The paper reports an investigation focusing on the transient evolution of diesel sprays. In order to understand the relationship between fuel–air mixing and spray penetration, a one-dimensional spray model is developed, which is capable of predicting the spray behaviour under transient conditions. The main assumptions of the model are the mixing-co...
Article
This paper proposes a decomposition of labour productivity growth in the EU15 and the the US since the mid 1990s. The results suggest that the EU's relative slowdown is due to modest “pure” gains of productivity within sectors.
Article
A comprehensive study was carried out in order to better understand combustion behavior in a direct injection diesel engine when using postinjections. More specifically, the aim of the study is twofold: (1) to better understand the mechanism of a postinjection to reduce soot and (2) to improve the understanding of the contribution of the postinject...
Article
The literature on inequality has generally focused on the analysis of annual per capita income. This paper adopts a different approach by considering the life-cycle dimension of inequality and convergence between economies from 1960 to 2000. We analyze the present value of the set of incomes individuals obtain throughout their whole life (permanent...
Article
Over the last few years the literature on social capital and bank efficiency analysis has expanded rapidly. We merge them by analysing how social capital affects bank efficiency in OECD countries. We use activity analysis techniques to measure efficiency, and social capital, which is related to the concept of generalized trust, is considered an env...
Article
The processes of vertical and horizontal separation within the railway sector are relatively recent in many European countries, and, as a result, little analytical research has been carried out on their impact. The purpose of this working paper is to analyze the effects of these organizational reforms on efficiency, productivity and technical chang...
Article
Full-text available
Los procesos de separación vertical y horizontal en el sector del transporte ferroviario son todavía relativamente recientes en muchos países europeos y, en consecuencia, los estudios sobre sus efectos son escasos. Este documento de trabajo pretende analizar los efectos de estas reformas organizativas en la eficiencia, la productividad y el cambio...
Conference Paper
Evaporating diesel sprays from multi-hole nozzles have been visualized by means of a double-pass Shadowgraphy/Schlieren technique using a metal mirror attached on the injector-mount plane. Injection has been carried out in an inert environment of nitrogen gas in order to study the mixture process, avoiding mirror and glass window fouling by soot de...
Article
The two-colour method (2C) is a well-known methodology for the estimation of flame temperature and the soot-related KL factor. A 2C imaging system has been built with a single charge-coupled device (CCD) camera for visualization of the diesel flame in a single-cylinder 2-stroke engine with optical accesses. The work presented here focuses on method...
Article
A methodology for processing images of diesel sprays under different experimental situations is presented. The new approach has been developed for cases where the background does not follow a Gaussian distribution but a positive bias appears. In such cases, the lognormal and the gamma probability density functions have been considered for the backg...
Article
In order to obtain quantitative soot concentration results in flames using laser-induced incandescence (LII), different correction and calibration procedures are needed. In this work, two different calibration methodologies were applied to a laminar diffusion flame in order to obtain the most suitable calibration procedure for sooting conditions. F...
Article
The planar laser-induced exciplex fluorescence (PLIEF) technique has been used to visualize and measure the fuel/air concentration fields in both liquid and vapour phases of direct injection (DI) diesel sprays. Experiments have been performed in a hot rig, which provides a thermodynamic environment realistic for current DI diesel engines, using a b...
Article
This study analyses the effects of specialisation on the cost efficiency of a set of banking systems of the European Union over the period 1992-1998. Unlike in the established literature in which specialisation differences are not considered, in this paper cost inefficiencies are decomposed into two different components: the first is related to the...
Article
The effect of double-pulse fuel split injection on the exhaust aerosol particle size distribution emitted by a state-of-the-art Heavy Duty Diesel engine was experimentally investigated. The influence of post-injection fuel quantity and dwell was evaluated at four steady-state engine conditions by analyzing the changes in the accumulation mode parti...
Article
The Planar Laser Induced Exciplex Fluorescence (PLIEF) technique is widely used to visualize and measure the fuel concentration fields in both liquid and vapor phases of DI Diesel sprays. However, the real limitations of the PLIEF technique in Diesel sprays and the accuracy of the results obtained are still a source of controversy. In this work, a...
Article
Full-text available
An experimental study of fuel evaporation in diesel sprays under current direct-injection diesel engines operating conditions is presented in this article. Liquid spray penetration has been obtained by means of backlight illumination images taken from a wide optical access engine operating under reacting and nonreacting conditions. From these measu...
Article
The implantation of the Euro in 11 of the EU states has driven the big banks to expand their presence in other European countries, which may have negative consequences on their credit risk in view of the disadvantages involved in entering new markets. The aim of this study is to analyse the efficiency and the credit risk of the banks of the most im...
Article
Full-text available
This article analyzes the effects of geographic expansion on the productivity of Spanish savings banks. The study uses data from 1992 to 2004, the period when most savings banks expanded geographically. We consider an alternative approach to most multi-stage studies, which uses nonparametric methods both to measure productivity growth and to analyz...
Article
A study of the sources of variability in particle size measurements using a dilution minitunnel and a scanning mobility particle sizer (SMPS) has been conducted in order to obtain a comprehensive and repeatable methodology that can be used for measuring the particle size distribution of the exhaust aerosol emitted by a heavy duty diesel engine. The...
Article
A one-dimensional simplification, based on optimal feature extraction, of the algorithm based on the likelihood-ratio test method (LRT) for segmentation in colored Diesel spray images is presented. If the pixel values of the Diesel spray and the combustion images are represented in RGB space, in most cases they are distributed in an area with a giv...
Article
Full-text available
An experimental research study was carried out to analyze the influence of different orifice geometries (conical and cylindrical) on the injection rate behavior of a Common-Rail fuel injection system. For that purpose, injection tests in two different injection test rigs were conducted. This behavior of the injection rate in the different nozzles w...
Article
The aim of this paper is to analyse the role of human capital in the productivity gains of the OECD countries in the period 1965-90, breaking down the productivity gains into technical change and gains in efficiency. For this purpose we use both a stochastic frontier approach and a non-parametric approach (DEA) and calculate Malmquist indices of pr...
Article
The aim of this article is to analyse the efficiency in costs and in profits of the Spanish banking sector (SBS) in the period 1985-1996 using a non-parametric approach. The results obtained show the existence of profit efficiency levels well below those corresponding to cost efficiency, alternative profit efficiency being below standard profit eff...
Article
Full-text available
Studies of transient Diesel spray characteristics for selected nozzle geometries at different injection pressures were performed in a high pressure nitrogen chamber. The fast photography technique was used with digital image processing based on the log-likelihood ratio test (LRT). Three types of micro-sac nozzles designed for small Diesel applicati...
Article
Full-text available
El incremento de la competencia y los intentos de los bancos europeos por aumentar su presencia en otros mercados pueden haber afectado tanto al nivel de eficiencia bancaria como al riesgo de crédito. El primero de los aspectos se fundamenta en el incentivo que tienen los bancos a reducir los costes para ganar competitividad. El segundo, está asoci...
Article
Full-text available
This study analyses cost and revenue inefficiencies for a sample of European railway companies. On the basis of a DEA model we calculate cost and revenue inefficiencies, decomposing them into inefficiencies of a technical or allocative type. It is observed that inefficiencies in revenues are greater than those in costs, indicating that the study of...
Article
Full-text available
The paper investigates the operating efficiency differences of a sample of commercial banks across 10 European countries. First, the paper analyzes the technical efficiency of each country sample following the basic Data Envelopment Analysis (DEA) model incorporating only banking variables. Then, a complete DEA model is introduced, incorporating en...
Article
To fulfill the commitments of future pollutant regulations, current development of direct injection (DI) Diesel engines requires to improve knowledge on the injection/combustion process and the effect of the injection parameters and engine operation conditions upon the spray and flame characteristics and how then affect engine performance and pollu...
Article
This paper presents a complete methodology to perform fuel concentration measurements of Diesel sprays in isothermal conditions using the Planar Laser-Induced Fluorescence (PLIF) technique. The natural fluorescence of a commercial Diesel fuel is used with an excitation wavelength of 355 nm. The correction and calibration procedures to perform accur...
Article
The main objective of the study described in this paper is to explore the potential of different post-injection patterns, with a plain common rail system, for reduction of soot emissions in HD diesel engines. Test have been carried out in a single-cylinder engine at several critical engine operation points from the European Steady state test Cycle...
Article
Full-text available
This paper analyses the importance of productive specialization in explaining cost efficiency differences between banking companies. Taking as reference the Spanish banking sector during the period 1985-1996, the study shows that if cost efficiency measurements are corrected for the effect of different specialization by the estimation of separate f...
Article
Recent studies argue that the spread-adjusted Taylor rule (STR), which includes a response to the credit spread, replicates monetary policy in the United State. We show (1) STR is a theoretically optimal monetary policy under heterogeneous loan interest rate contracts in both discretionay and commitment monetary policies, (2) however, the optimal r...
Article
Full-text available
This paper presents a study of the flow patterns generated by intake ports of a 4 valves cylinder head in steady flow by means of Laser Doppler Anemometer (LDA). Detailed evolution of tangential and axial velocity components was obtained for various valve lifts, particularly for intermediate lifts where a transition between two clearly different pa...
Chapter
Well before Spain joined the Common Market, a group of economic sectors was concerned over how to adjust to the new conditions successfully. The financial sector in general, and especially the banking sector, was the clearest exponent of a rapid and continuing adjustment to the new atmosphere imposed by the new competitive panorama. This reaction a...
Article
The objective of this paper is to analyse the flow characteristics inside the cylinder of a DI Diesel engine at variable swirl number. Initially, the cylinder head is characterised by means of three-dimensional calculations of the steady flow through the intake ports. These calculations have been made for several positions of the throttles, from wi...
Article
To characterize the macroscopic behavior of Diesel sprays and to validate and extend for current high-pressure injection systems the correlations existent in the literature, it is necessary to determine the spray geometry accurately, at least in terms of spray tip penetration and cone angle. These parameters are measured by analyzing Diesel spray i...
Article
Full-text available
In this paper laser Doppler anemometry is used to characterize the steady flow field inside the cylinder generated by the two intake ports of a four-valve diesel head over the whole valve lift range and to compare the patterns at two different sections commonly used for global characterization in order to decide which is more appropriate for cylind...
Article
This study analyses the cost and profit efficiency of a sample of 14 countries of the European Union, as well as Japan and the USA. The results obtained show that since the start of the 1990s increasing competition has led to gains in profit efficiency in the USA and Europe but not so in the Japanese banking system. The results also show that the i...
Article
Full-text available
The implantation of the Euro in the eleven of the EU has driven the big banks to expand their presence in other European countries, which may have negative consequences on their credit risk in view of the disadvantages involved in entering new markets. The aim of this paper is to analyse the efficiency and the credit risk of the banks of the most i...
Article
The goal of this paper is to obtain a simple fast model that provides information about the spray tip penetration (for free and wall jet), droplets velocity distribution and fuel concentration distribution. This model would be an important first step in the construction of a simple model capable to provide online information about the spray behavio...
Article
This paper shows the importance of the composition of production (productive specialization) and sector inefficiencies when evaluating efficiency in aggregate production. For this purpose, a new approach is proposed for obtaining efficiency scores which enables two components to be differentiated: one associated with the degree of efficiency within...
Chapter
The last decade has required the whole Spanish banking system to accept the challenges of the free market. Although this was a direction taken some years before, it was followed with much greater certainty once the expectation of entry into the European Common Market was confirmed. Savings banks have also been faced during these years with the same...
Article
This paper analyses the Total Factor Productivity (TFP) evolution in OECD countries by breaking down productivity gains into technical change and efficiency change. To avoid biases, Malmquist indices of productivity, including human capital, are estimated. The results indicate that, in fact, the inclusion of human capital has a significant effect o...