Research Group Applied to the Financial, Economic and Social Environment - (GRAEFES)

Below are the different scientific articles written by the members of the research group in recent years.

 - Casanovas, MM, Ruíz-Munzón, N., and Buil-Fabregá, M. (2021). Higher education: the best practices for fostering skills for sustainable development through the use of active learning methodologies. International Journal of Sustainability in Higher Education •    

- Manera, C., Serrano, E., Pérez-Montiel, J., and Buil-Fabregà, M. (2021). Construction of Biophysical Indicators for the Catalan Economy: Building a New Conceptual Framework. Sustainability, 13 (13), 7462 •    

- Fabregá, MB, Masferrer, N., Patau, J., and Pérez, APM (2020). Self-conscientious competence as a driver of innovation and environmental commitment in higher education students. International Journal of Sustainability in Higher Education. •    

- Sorribes, J., Celma, D. and Martínez-Garcia, E. (2021). Sustainable human resources management in crisis contexts: Interaction of socially responsible labor practices for the wellbeing of employees. Corporate Social Responsibility and Environmental Management, 28 (2), 936,952. Impact factor ISI-JCR (2019): 4,542; Citations: 3.173; Q1 (Business); Q1 (Management); Q1 (Environmental Studies).

- Torres-Pruñonosa, J., Raya, J., and Dopeso-Fernández, R. (2020). The economic and social value of science and technology parks. The case of TecnoCampus. Frontiers in Psychology, 11, 632600.

- Crespo, P., Fuentes, I., Araujo, À., Raya, J. (2021). Economic and Social Yield of Investing in a Sporting Event: Sustainable Value Creation in a Territory. Sustainability, 13, 7033. no. 13: 7033.

- RAYA, JM, & TORRES-PRUÑONOSA, J. (2022). The importance of administrative data in the evaluation of the incidence of social housing allowance programs. Evaluation and Program Planning, 94, 102117.

- RAYA, J. & KUCEL, A. (2022). How fiscal policy affects housing market dynamics: evidence from Spain. Bulletin of Economic Research (forthcoming)

- RAYA, J. and VARGAS, C. (2022). How to become a Cashless economy and what are the determinants of eliminating cash. Journal of Applied Economics 25(1), 543-562.

- RAYA, J. (2022). Can social capital variables help to determine loan to value approved by banks?, Journal of Real Estate Research. DOI: 10.1080/08965803.2021.2024678 

- LLANEZA, C. & RAYA, J. (2022). The effect of covid-19 on the peer-to-peer rental market. Tourism Economics 28(1):222-247.

- DURO, JA, & TURRIÓN-PRATS, J. (2022). Seasonality and the contribution of markets: Comparing methods. Tourism Management Perspectives, 43, 100987.

- CRESPO, P. & FUENTES, I. & RAYA, J. (2021). Economic and Social Yield of Investing in a Sporting Event: Sustainable Value Creation in a Territory. Sustainability. 

- TORRES-PRUÑONOSA, J. & RAYA, JM & CRESPO-SOGAS, P. & MUR-GIMENO, E. (2022). The economic and social value of spa tourism: The case of balneotherapy in Maresme, Spain. PLOS ONE 17 (1): e0262428. 

- SERRANO-ALARCÓN, M. & HERNÁNDEZ-PIZARRO, H. & LÓPEZ-CASANOVAS, G. & NICODEMO, C. (2022). Effects of long-term care benefits on healthcare utilization in Catalonia. Journal of Health Economics, 102645. 

- MARTÍNEZ CASANOVAS, M. & RUÍZ-MUNZÓN, N. & BUIL-FANREGÁ, M. (2021). Higher education: the best practices for fostering competences for sustainable development through the use of active learning methodologies. International Journal of Sustainability in Higher Education, Vol. ahead-of-print No. ahead-of-print. 

- MARTÍNEZ, J. (2022). Technological drivers of seaports' business model innovation. A case study of the port of Barcelona. Research in Transportation Business & Management.

- MARTÍNEZ, J. (2022). DLT-based sustainable business models for the shipping industry. International Journal of Transport Economics. 

- HAUK, ESTHER & OVIEDO, MÓNICA & RAMOS, XAVIER (2022). Perception of corruption and public support for redistribution in Latin America. European Journal of Political Economy, Volume 74, 102174, Elsevier Science Inc., Netherlands. 

- Galí, J., Giusti, G., and Noussair, CN (2021). Monetary policy and asset price bubbles: a laboratory experiment. Journal of Economic Dynamics and Control, 130, 104184.

- Raya, J, i Giusti, G. (2021). Can information regarding previous sales stabilize the house price index? Evidence from a field experiment in Spain. Journal of Housing and the Built Environment, 36 (2), 353-366.

- López-López, D., and Giusti, G. (2020). Comparing Digital Strategies and Social Media Usage in B2B and B2C Industries in Spain. Journal of Business-to-Business Marketing, 27 (2), 175-186

- Giusti, G., and Dopeso-Fernández, R. (2020). Incentive magnitude and reference point shifting: a laboratory experiment. International Journal of Manpower.

- Maynou, L., Hernández-Pizarro, HM, and Errea Rodríguez, M. (2021). The association of physical (in) activity with mental health. Differences between elder and younger populations: a systematic literature review. International journal of environmental research and public health, 18 (9), 4771.

- Hernández-Pizarro, HM, Nicodemo, C., and Casasnovas, GL (2020). Discontinuous system of allowances: The response of prosocial health-care professionals. Journal of Public Economics, 190, 104248.

- Llaneza, C. and Raya, J. (2021): The effect of covid-19 on peer-to-peer rental market. Tourism Economics. Forthcoming.

- Duro, JA, Perez-Laborda, A., Turrion-Prats, J., and Fernández-Fernández, M. (2021). Covid-19 and tourism vulnerability. Tourism Management Perspectives, 38, 100819.

- Bernardo, V. and Fageda, X. (2020) Impacts of competition on connecting travelers: Evidence from the transatlantic aviation market . Transport Policy, 96, 141-151.

-Bagur-Femenías, L., Buil-Fabrega, M. and Aznar, JP (2020) Teaching digital natives to acquire skills for sustainable development. International Journal of Sustainability in Higher Education. 21 (6), 1053-1069

-Camón Luis, E. and Celma, D. (2020) Circular economy. A review and bibliometric analysis. Sustainability. 12 (16), 6381. 

-Giusti, G. and Dopeso-Fernández, R. (2020) Incentive magnitude and reference point shifting: a laboratory experiment. International Journal of Manpower. ISBN: 0143-7720

-Agulleiro, A., Miquel, S., Garcia, I. and González, Z. (2020) Approach to the non-professional profile of the fashionable micro instagrammer in Spain, The Information Professional, 29, 4.

-Hernández-Pizarro, HM, Nicodemo, C. and Casasnovas, GL (2020)Discontinuous system of allowances: The response of prosocial health-care professionals. Journal of Public Economics, 190, 1042-1048.

-Bertoli, P., Grembi, V., Llaneza, C. and Vall, J. (2020)The effect of budget cuts on C-section rates and birth outcomes: Evidence from Spain, Social Science & Medicine, 265, article 113419

-Giusti, G. and Raya, J. (2020)Can information regarding previous sales stabilise the house price index? Evidence from a field experiment in Spain. Journal of Housing and the Built Environment (forthcoming). 35(3).

-Garcia Montalvo, J., Piolatto, A. and Raya, J. (2020)Transaction-tax evasion in the housing market, Regional Science and urban Economics (forthcoming). 81, article 103526.

-Raya, J. and Ripoll, A. (2020)Tourism indicators and airports' technical efficiency, Annals of Tourism Research 80, article 102819

-Raya, J., Nicodemo, C. and Mcmillen (2020):Does Juan Carlos or Nelson Obtain a Larger Price Cut in the Spanish Housing Market? Urban Affairs Review 56 (5), 1581-1604.

-Duro, JA, and Turrión-Prats, J. (2020)Territorial versus individual hotel seasonality in a high seasonal destination. Current Issues in Tourism, 1-16.

- MONTALVO, G JOSE, RAYA, JM 2018. Constraints on LTV as a macroprudential tool: a precautionary tale. Oxford Economic Papers.

- RAYA, JM, MARTÍNEZ-GARCIA, ESTHER & CELMA, Dolors (2018). “Economic and social yield of investing in hiking paths: The case of Berguedà, Spain”. Journal of Travel & Tourism Marketing, 35 (2), 148,161,

- CELMA, DOLORS, MARTÍNEZ-GARCIA, ESTHER Y RAYA, JOSEP M. (2018). “Socially responsible HR practices and their effects on employees' wellbeing: empirical evidence from Catalonia, Spain”. European research on management and business economics, 24, 82–89.

- GIUSTI, G., & RAYA, JJ (2019). The effect of crime perception and information format on tourists' willingness / intention to travel. Journal of destination marketing & management, 11, 101-107

- BERRONE, P, RICART, JE, DUCH, AI, BERNARDO, V., SALVADOR, J., PIEDRA, J. AND M. RODRÍGUEZ (2019). EASIER: An Evaluation Model for Public – Private Partnerships Contributing to the Sustainable Development Goals. Sustainability, 11(8), 2339

- BUIL-FABREGA, M., MARTINEZ CASANOVAS, M., & RUIZ-MUNZON, N. (2019). Flipped classroom as an active learning methodology in sustainable development curricula. Sustainability, 11(17), 4577.

-BERNARDO, V. and X. FAGEDA. “Globalization, long-haul flights and inter-city connections ”. Economics of Transportation, Flight. 19, 100122, 1-8.

-KUCEL, A. and VILALTA-BUFÍ, M. “University Program Characteristics and Education-Job Mismatch ”, The BE Journal of Economic Analysis & Policy, 19(4), 20190083. 

-MARTORI, A. "Local television or local television? The impact of cultural proximity on television studios in the digital age ". WHAT: Revista de Estudios de Comunicación = Journal of Communication Studies, 24 (47).

- MARTÍNEZ-GARCIA, ESTHER, RAYA, JM, GALÍ, N (2018). “Factors Affecting TimeSpent Visiting Heritage City Areas”, Sustainability, 10, pp. 1824-1838.

- MARTÍNEZ-GARCIA, ESTHER, SORRIBES, JOAN, CELMA, DOLORS (2018); “Sustainable development through CSR in human resource management practices: the effects of the economic crisis on job quality". Corporate Social Responsibility and Environmental Management, 25 (4), 441-456.

- OVIEDO, MÓNICA, GUTIÉRREZ-ROMERO, ROXANA (2018). "The good, the bad and the ugly: the socieconomic impact of drug cartels and their violence". Journal of Economic Geography.

- TURRIÓN-PRATS, J., & DURO, JA (2018). Tourist seasonality and the role of markets. Journal of destination marketing & management, 8, 23-31.

- TURRIÓN ‐ PRATS, J., & DURO, JA (2019). Seasonality determinants for the main markets in Spain. International Journal of Tourism Research, 21

- DURO, JA, & TURRIÓN-PRATS, J. (2019). Tourism seasonality worldwide. Tourism Management Perspectives, 31, 38-53

- MASFERRER LLABINES, N., CRESPO, P., & BUIL FABREGA, M. (2018). Social economy companies in the times of crises: Entrepreneurship and survival. Intangible Capital, 14

- FABREGA, MB (2018). How entrepreneurship in higher education helps to sustainable development at the local level: The case of tecnocampus. In Towards Green Campus Operations (pp587-604). Springer, Cham.

- ALONSO-ALMEIDA, MM; BUIL-FABREGÁ M .; BAGUR-FEMENÍAS, LP (2017). Shedding light over Sustainable Development and Stakeholders Engagement: The role of Individual Dynamic Capabilities. Sustainable Development.

- RAYA, JOSEP MARÍA (2017): "The determinants of the foreclosyre: evidence from the Spanish case:", Papers in Regional Science.

- MARTINEZ, ESTHER, MAJÓ, J. AND RAYA, JOSEP MARÍA (2017): Differences in residents ’attitudes towards tourism among mass tourism destinations, International Journal of Tourism Research 19 (5), 535-545.

- CRESPO, P .; OLIVERAS, E. 2017.Teaching transversal competences in the area of ​​accounting: Fact or Fiction? European accounting and management review. 3 (2), 65-74.

- MARTÍNEZ-GARCIA ESTHER, SORRIBES, JOAN AND CELMA, DOLORS (2017). "Sustainable Development through CSR in Human Resource Management Practices: The Effects of the Economic Crisis on Job Quality. Corporate Social Responsibility and Environmental Management. Published online in Wiley Online Library.

- CELMA, DOLORS, BUIL, MÀRIAN Y PATAU, JOSEP (2017). “Management control in startups with high growth success in the Technology sector: The case of Netrivals”. European Accounting and Management Review, vol. 3, no. 2, 17-44.

- AZNAR, JP, BUIL, M., GALIANA, J. & ROCAFORT-MARCO, A. “An Explanatory Study of MBA Students with Regards to Sustainability and Ethics Commitment”, Sustanability 8 (3), 280. 

- CUADRAS-MORATÓ, X. & RAYA, JM 2016. Boycott or buycott ?: Internal politics and consumer choices. The BE Journal of Economic Analysis & Policy, 16, 185-218.

- GIUSTI, G., JIANG, JH, & XU, Y. (Forthcoming, 2016). Interest on Cash, Fundamental Value Process and Bubble Formation: an Experimental Study. Journal of Behavioral and Experimental Finance.

- BUIL, M., KUCEL, A, MASFERRER, N. & ROBERT, P. “Entrepreneurial skills and education-job matching of university graduates”, European Journal of Education (2016), Vol. 51, Issue 1, pp. 73-89

- KUCEL, A & VILALTA-BUFI, M. “Entrepreneurial skills and wage employment”, International Journal of Manpower (2016, forthcoming).

- FUENTES, I., KUCEL, A & RAYA, J. “Over-education and its opportunity cost in Japan”, Asia Pacific Education Review (2016, forthcoming) ,.

- SERRANO ROBLES, E. MANERA ERBINA, C. GARAU TABERNER, J. “The volution and impact of tourism in the Mediterranean: the case of Island Regions (1990-2002)”. Tourism Notebooks. Nº 37, 2016 pp.269-303.

- RAYA VILCHEZ, JMR & MONTALVO, JG 2016. Cost-benefit and economic impact analysis of the ALBA synchrotron. Economics Note, 115-125.

- BAGUR-FEMENIAS, LLORENÇ, CELMA, DOLORS Y PATAU, JOSEP. (2016). “The Adoption of Environmental Practices in Small Hotels. Voluntary or Mandatory? An Empirical Approach ”. Sustainability, 8 (7) 695.

- CELMA, DOLORS, MARTÍNEZ-GARCIA ESTHER Y RAYA, JOSEP M. (2016). “An analysis of CSR in human resource management practices and its impact on employee job satisfaction in Catalonia, Spain”. European Accounting and Management Review, 1 (3); 45-71.

- GROS, B., & LOPEZ, M. (2016). Students as co-creators of technology-rich learning activities in higher education. International Journal of Educational Technology in Higher Education, 13(1), 28.

- BAGUR-FEMENIAS, L., MARTÍ, J., & ROCAFORT, A. (2015). Impact of sustainable management policies on tourism companies' performance: the case of the metropolitan region of Madrid. Current Issues in Tourism, 18 (4), 376-390.

- BAGUR-FEMENÍAS, L., PERRAMON, J., & AMAT, O. (2015). Impact of quality and environmental investment on business competitiveness and profitability in small service business: The case of travel agencies. Total Quality Management & Business Excellence, 26

- ALONSO-ALMEIDA, MM, BAGUR-FEMENIAS, L., & LLACH, J. (2015). The adoption of quality management practices and their impact on business performance in small service companies: the case of Spanish travel agencies.Service Business, 9 (1), 57-75.

- GARCIA VILLAR, J. & RAYA, JM 2015. Use of a Gini index to examine housing price heterogeneity: A quantile approach. Journal of Housing Economics, 29, 59-71.

- LLACH, J., ALONSO-ALMEIDA MDM, GARCIA-CASTELLVI, A., & BAGUR-FEMENIAS, L. (2015). A fresh approach to context influence, development and performance in environmental management. Business Strategy and the Environment, 24 (8), 855-872.

- RAYA, JM & KUCEL, A. 2015. Did Housing Taxation Contribute to Increase Riskier Borrowing? The Journal of Real Estate Finance and Economics, 1-24.

- SERRANO ROBLES, E. “Carles Manera, The Great Recession (A Subversive View)”. Journal of Industrial History. No. 59, 2015 pp.237-239.

- AKIN, O., MONTALVO, J., GARCÍA VILLAR, J., PEYDRÓ, J.-L. & RAYA, J. 2014. The real estate and credit bubble: evidence from Spain. SERIES, 5, 223-243.

- CELMA, DOLORS, MARTÍNEZ ESTHER AND COENDERS GERMÀ. 2014. Corporate Social Responsibility in Human Resource Management: an analysis of common practices and their determinants in Spain, Corporate Social Responsibility and Environmental Management, 21 (2); 82-89. Impact factor ISI-JCR (2014): 2,321. Q1 (Business); Q1 Management); Q1 (Environmental Studies).

- DIAZ-SERRANO, L. & RAYA, JM 2014. Mortgages, immigrants and discrimination: An analysis of the interest rates in Spain. Regional Science and Urban Economics, 45, 22-32.

- MARTÍNEZ-GARCIA, E., FERRER-ROSSELL, B., & COENDERS, G. (2014). Package and no-frills air carriers as moderators of length of stay. Tourism Management, 42, 114-122.

- PERRAMON, J., DEL ALONSO-ALMEIDA, M., Llach, J., & BAGUR-FEMENIAS, L. (2014). Green practices in restaurants: Impact on firm performance. Operations Management Research, 7 (1-2), 2-12.

- SAN-JOSE, L., RETOLAZA, JL, & PRUÑONOSA, JT (2014). Efficiency in Spanish banking: A multistakeholder approach analysis. Journal of International Financial Markets, Institutions and Money, 32, 240-255.

- BUONANNO, P., MONTOLIO, D. & RAYA-VÍLCHEZ, JM 2012. Housing prices and crime perception. Empirical Economics, 45, 305-321.

- KUCEL, A. “Graduate labor mismatch in Poland”, Polish Sociological Review (2012), 3 (179), pp. 413-429.

- BAGUR-FEMENIAS, L., LLACH, J., & del MAR ALONSO-ALMEIDA, M. (2013). Is the adoption of environmental practices a strategic decision for small service companies? An empirical approach. Management Decision, 51 (1), 41-62.

- KUCEL, A & VILALTA-BUFI, M. “Why do tertiary graduates regret their study program? Comparison between Spain and the Netherlands ”, Higher Education (2013), Vol. 65, Issue 5, pp. 565-579.

- KUCEL, A. & VILALTA-BUFI, M. “Job satisfaction of mismatched workers in Spain”, Revista de Economía Aplicada (2013) Número 61 (vol. XXI), pp. 29 to 55.

-RAYA VILCHEZ, J. 2013a. Destination and seasonality valuations: a quantile approach. Tourism Economics, 19, 835-853.

- RAYA VILCHEZ, J. 2013b. Valuing Tourist Destinations: an Oaxaca-Blinder Approach. International Journal of Tourism Research, 15, 417-429

- SERRANO ROBLES, E. "Spanish investment in Latin America is a process driven by public enterprise?". Journal of Industrial History. No. 53, 2013 pp.175-214.  

- OLIVERAS, E .; CRESPO, P .; RAYA VILCHEZ, JP (2013). The Bologna process in the area of ​​accounting: Effects on student satisfaction. Journal of Education in Accounting, Finance and Business Administration. 4, 22-33.ISSN 2173-478X

- OLIVERAS, E .; CRESPO, P. (2013). Teaching methods for increasing the participations of students: Innovative dynamics games. Intangible Capital, 9 (2): 526-537

- AMAT, N; MERCADER, R; CRESPO.P. (2013). The reliability of financial information and its impact for analysts and investors: The case of Pescanova. Journal of Accounting and Management. 16, 291-314.

- MARTÍNEZ-GARCIA, ESTHER; CELMA DOLORS (2013): “Internationalization strategies for mature tourist destinations: the case of the counties of Girona”, RITUR, Revista Iberoamericana de Turismo, 3 (2); 44-61. ISNN 2236-6040. Quality indicators: meets all LATINDEX criteria

- MARTÍNEZ-GARCIA, E., FERRER-ROSSELL, B., & COENDERS, G. (2012). Profile of business and leisure travelers on low cost carriers in Europe. Journal of Air Transport Management, 20, 12-14.

- NICODEMO, C. & RAYA, JM 2012. Change in the distribution of house prices across Spanish cities. Regional Science and Urban Economics, 42, 739-748.

- RAYA, J. & GARCIA, J. 2012a. Which Are the Real Determinants of Tenure? A Comparative Analysis of Different Models of the Tenure Choice of a House. Urban Studies, 49, 3645-3662.

- RAYA, JM 2012. Length of Stay for Triathlon Participants in the Maresme-Barcelona Challenge: A Survival Approach. Journal of Sport & Social Issues, 36, 89-105.

- RAYA, JM & GARCIA, J. 2012b. Which are the real determinants of tenure? A comparative analysis of different models of the tenure choice of a house. Urban Studies, Forthcoming.

- GARCÍA-MONTALVO, J. & RAYA, J. 2012. What is the right price of Spanish residential real estate? SEFO-Spanish Economic and Financial Outlook, 1, 22-28.

- SERRANO ROBLES, E. “Motivations of Pemex at Repsol, the game in reverse ?. Foreign affairs Latin America. Vol 12, Nº2, 2012 pp.58-66.  

- GARCÍA-MONTALVO, J. & RAYA, J. 2012. What is the right price of Spanish residential real estate? SEFO-Spanish Economic and Financial Outlook, 1, 22-28.

- GARCIA, J. & RAYA, JM 2011. Price and Income Elasticities of Demand for Housing Characteristics in the City of Barcelona. Regional Studies, 45, 597-608.

- JUANEDA, C., RAYA, JM & SASTRE, F. 2011. Pricing the time and location of a stay at a hotel or apartment. Tourism Economics, 17, 321-338.

- KUCEL, A. “The sociology of educational mismatch.”, Polish Sociological Review (2011), 1 (173) 'II, pp. 21-34.

- KUCEL, A. “Literature survey of the incidence of over-education. A sociological approach ”, Revista Española de Investigaciones Sociológicas (2011), 134 (April-June), pp. 125-142.

-MORENO-TORRES, I., PUIG-JUNOY, J. & RAYA, JM 2011. The impact of repeated cost containment policies on pharmaceutical expenditure: experience in Spain. Eur J Health Econ, 12, 563-73.

-RAYA-VILCHEZ, JM & MARTÍNEZ-GARCIA, E. 2011. Nationality and low-cost trip duration. A microeconometric analysis. Journal of Air Transport Management, 17, 168-174.

- RAYA, JM 2011. The effect of time on hotel pricing strategy. Applied Economics Letters, 18, 1201-1205.

- CASTLE, DAVID; CRESPO, P. (2011). The financing of business innovation. Journal of Accounting and Management.12, 145-164