LAR Centre is a medium of scholarly communication, and a promoter of open-access policy among academic and allied communities around the world. Established as a not-for-profit organization, LAR publishes a suit of open access, peer-reviewed journals to facilitate unrestricted dissemination of scholarly resources to all interested readers.
Latest News
CLAR is now LARCanadian Library of Academic Resources (CLAR) has been restructured and renamed as LAR Centre Press.Read more...
LAR Center Joins CrossRefLAR Center has become a member of CrossRef. The membership is initially for assigning DOIs to the publications of LAR journals. However, other services such…Read more...
LAR Headquarters in the USLAR Center relocates US headquarters to 9450 Southwest Gemini Drive, Beaverton, Oregon.Read more...
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ARTICLES OF THE MONTH
A non-parametric approach to innovation gaps and economic growth
Juan Ricardo Perilla
Published in Journal of Economic and Financial Studies, October 2015
ABSTRACT
A non-parametric approach based on DEA techniques is used to dis- entangle the relationship between innovation growth and per-capita GDP growth in a sample of 30 countries during 1996-2008. The decomposition of GDP-growth brings support to the notion of advantage of backward- ness. It leads to conclude that, in the context of innovation, both the process of catching-up and technological change play an important explanation of the dynamics of economic growth. This is in sharp contrast to alternative evidence that brings more support to the importance of capital deepening in explaining labour growth productivity.
Valuing guaranteed bank debt: The roles of the strength and size of the bank and the guarantor
Published in Journal of Economic and Financial Studies, October 2015
ABSTRACT
A contingent claims model of the value of sovereign guarantees of bank debt shows that the value decreases with the bank’s own creditworthiness and it increases with that of the sovereign as well as with bank and sovereign size. Using cross-sectional data for 188 large banks world-wide from 2007 to 2013, empirical results are consistent with the model’s implications, suggesting that the implicit support for a bank is higher when the bank is larger, when the bank is weaker, and when the country in which the bank is headquartered is larger or more creditworthy. While bank-specific factors matter as well as those related to the sovereign of the country where the bank is located, the effect on the value of sovereign guarantees of changes in bank strength dominate those in sovereign strength.
LAR Blog – Think Open
Unrestricted dissemination of scholarly resources has become a vibrant issue in academic publishing industry over the past decade. This is the result of continuous and strenuous efforts of a lot of organizations and people. Since its inception LAR has followed and promoted open access in academic publishing industry. You also can also join this movement. One of the best ways to promote open access is to speak out your opinion to your community. LAR blog – Think Open - provides a space for every one - friends and foes of open access - to post their writings.
Open Access Updates
Posting Your Latest Article? You Might Have to Take It Down
An important article about the Elsevier take down notices. Read the article on Chronicle of Higher Education webpage.
Support the Fair Access to Science and Technology Research Act (FASTER)
On February 14, 2013 Senators Cornyn (R-TX) and Wyden (D-OR) and Representatives Doyle (D-PA), Yoder (R-KS), and Lofgren (D-CA) introduced the Fair Access to Science and Technology Research (FASTR) Act, a bill that – Read more on SPARC webpage.
White House to Highlight Open Science “Champions of Change”
On June 20, 2013 the White House honored 13leaders and organizations promoting and using open scientific data and publications to accelerate progress and improve our world. Read the press release on White House webpage.
UAlberta Opens Access To Published Research in Canada
E-journal hosting services encourage Canadian scholarly journals to break through the paywall barrier. Read the news on University of Alberta website.