Revista Galega de Economía is a half-yearly published journal founded in 1992. It is promoted by the Faculty of Economics and Business Administration of the University of Santiago de Compostela. It publishes original papers related to the fields of economics, business administration and management, and social sciences, and it is addressed to the national and international scientific and academic community, as well as to all the professionals of those three fields of economy, business administration and management, and social sciences.

Revista Galega de Economía is indexed in SCOPUS, Dialnet, InDICEs-CSIC, IDEAS-RePEc, REDALYCREDIB, DOAJ and EconIS, among others. It is also is included in different tools for the analysis of scientific journals such as MIAR, DICE, Latindex or CIRC.

The digital portal of Revista Galega de Economía is published in Galician, Spanish, and English. The languages of publicaction are Galician, Portuguese, Spanish, and English. 

COVID-19 and its economic effects: Supply chain disruptions and behavioural changes


Dear colleagues,

A new paradigm has arrived. COVID-19 has affected the way we work, socialize and spend our leisure time, reshaping some of the most fundamental activities in our day-to-day routines. All these changes in our lifestyle have a clear economic translation.

And this is a global issue. Since the outbreak last December, the virus has spread to more than 200 countries. All the efforts worldwide have been directed towards fighting the virus, finding a vaccine and trying to minimize the negative economic consequences.

There are two types of economic effects: the ones derived from the policy measures taken to contain the transmission, and the ones from the individual change in behaviour. While we are all witnessing the impact from a while ago, it was not until recently that we had data to quantify it. The figure of unemployment claimants, the reduction of tourism demand or the information on business closures, are clear examples of this. And the numbers are striking.

Without a vaccine, all of this is forcing us into a “new normal” situation indefinitely.

In this Special Issue of the Revista Galega de Economía, we would like to invite contributions dedicated to an analysis of the socioeconomic effects of the COVID-19.

Insights on a broad spectrum of themes are welcomed, including, but not restricted to:

  • The spatial distribution of the economic impacts
  • Analysis of specific sectors affected (Health services, Tourism activities, etc.)
  • Consumer behaviour
  • Labour market effects
  • Recovery paths and post-lockdown scenarios
  • Trade and supply chain disruptions

Original research is welcome for publication in this issue. All submissions will undergo anonymous review to guarantee high scientific quality and relevance to the subject. This Special Issue will be open for new submissions until the 15th of December 2020.

Dr. André Carrascal Incera, University of Birmingham (UK),

Dr. Esteban Fernández Vázquez, University of Oviedo (Spain),

Dr. Mònica Serrano, University of Barcelona (Spain),

Special Issue 1_ 2020

Socioeconomic impact of cultural itineraries: "The Way of Saint James and Other Pilgrimage Routes”


Dear colleagues,

Cultural itineraries and, particularly, pilgrimage routes have been only recently analysed as a tourism phenomenon. They were not usually designed as a tourism resource initially but they have been increasingly promoted in terms of tourism.

Cultural itineraries involve not just a physical journey through a territory but also a mental journey. Since they involve environmental, cultural and spiritual experiences, they are complex phenomena whose impact on society needs to be considered from a multidisciplinary perspective.

We would like to invite contributions to a Special Issue of the Revista Galega de Economía dedicated to an analysis of the socioeconomic impact of cultural itineraries. Potential topics include, but are not limited to:

  • Analysis of the economic impact on particular localities along the route: patterns of local and endogenous development, economic accounting systems and procedures, the economy of the main cities, new economic and commercial specialization models.
  • Demographic and other social changes promoted by cultural itineraries.
  • Marketing strategies for promoting cultural itineraries.
  • Environmental impacts.
  • The role of print media, digital media and virtual flows of information, ideas and images in disseminating information about the route.
  • The role of local business, community and government organisations in promoting the route.
  • The impact of COVID-19 on cultural itineraries.

Original research is welcome for publication in this issue. All submissions will undergo anonymous review to guarantee high scientific quality and relevance to the subject. The Special Issue will be open for submission from 1 June 2020 to 28 February 2021.

Dr. Ruben Camilo Lois González, Universidade de Santiago de Compostela (Spain),

Dr. John Eade, University of Roehampton (UK),

Dr. Adolfo Carballo Penela, Universidade de Santiago de Compostela (Spain)

Special Issue

DOAJ member


We are grateful to announce that REVISTA GALEGA DE ECONOMY is now member of DOAJ (Directory of Open Access Journals), the benchmark for quality open access scientific journals.



Deadline for manuscript submissions: 31 May 2020.

Dear colleagues,

The population in European rural areas during the twentieth century was displaced to urban areas. The result was capital and education tended to concentrate in these areas. In the twenty first century this process has been exacerbated by further movement of people toward certain key urban centers. The wealth of these large empty rural areas is incalculable in terms of heritage, sustainability and quality of life. A key issue for these territories and their population is sustainable management of material resources and human potential. A comprehensive, intelligent, flexible public intervention is necessary to take advantage of opportunities, preserving culture and heritage, and improving attention to an aging population.

We invite you to submit papers for publication with a focus on "Socio-economic challenges of demographic change". Topical areas should involve some aspect such as:

Rural development and entrepreneurial sustainability, demographic change management at local level and intergenerational transfer: income, care or training, among others.

We look forward to your submission for consideration for publication in this special issue. Papers will be sent to anonymous reviewers which will evaluate each submitted paper for acceptability for publication.

Dr. Melchor Fernández Fernández

Dr. Ana Iglesias Casal

Dr. Celia López-Penabad


Special Issue_2020

The risk-based approach in organization quality management systems

  • Oksana Zhemchugova
  • Violetta Levshina
Published 09-09-2020

The relevance of the study is associated with the problem of introducing a risk-based approach in the quality management systems (QMS) of organizations from various sectors according to the requirements of ISO 9001:2015. It hereby offers a new feature of risk classification based on their application in management systems concerning various aspects of organizations activity, in particular, risk in QMS (quality risk). The authors’ definition of the term “quality risk” is presented, and the concept of the “risk-based approach in QMS” is clarified. Methodical approaches to the choice of the complexity of the risk-based approach
depending on the QMS maturity in an organization and the factors of its environment are developed and tested in 46 organizations from various industries.

Elaboration of the Galician Fiscal Balance for the period 2011-2013. A comparative analysis with the System of Territorialised Public Accounts

  • Juan Alberto Turnes Abelenda
  • Xavier Vence Deza
Published 09-09-2020

In this work, the Galician fiscal balance for the 2011-2013 period is estimated, using the SICOP as the database for allocating expenditure and carrying out a comparison with the results obtained from the System of Territorialised Public Accounts. As the main innovation. and differing from different works published so far for Galicia, the result of the fiscal balance is presented according to the following logic. Firstly, the “basic fiscal balance” is prepared, where only the territorialised expenditure in Galicia is taken into account and which is materialised in transfers from the Central Administration to the Autonomous
Community, expenditure on goods and services, personnel and real investment. Subsequently, the result of the “extended fiscal balance” is indicated, where financial and social protection expenditure is added.

Analysis of perceived value of a new packaging in sugar market and its influence on willingness to pay

  • Domingo Calvo Dopico
  • Ángel María del Castillo Puente
  • Jonathan Neptali Herrera Peña
Published 09-09-2020

In 2007, the Azucarera company successfully launched a new sugar container in order to improve product differentiation. Twelve years after launching the new product, the aim is to analyze the evaluation of the attributes of the packaging that add value to it, the intention to buy and the willingness to pay a premium for the new packaging compared to the orixinal one. Based on the expertise obtained after the launch of the product, this study analyzes, in addition to the consumer's point of view, the manufacturer of the container, the distributor and the company that produces sugar. The results reveal that the consumer is not only predisposed to buy the new package but is willing to pay price premium over the traditional package in addition to significantly assessing the main dimensions of the package such as ease of use, tightness and hygiene.

Vol 29 No 1 (2020)

Published: 2020-06-12

Table of contents

European Port Policy: The new challenges of governance

  • Fernando González-Laxe
Published: 10-05-2020
Pages 1-17

Three-dimensional model of the institutional matrix as a methodological tool for designing institutional changes

  • Dmytro Ivanovych Dzvinchuk
  • Victor Pavlovych Petrenko
  • Mariana Stepanivna Orliv
  • Oleksandr Volodymyrovych Molodtsov
Published: 10-05-2020
Pages 1-15

Unemployment rate and the creation of household in Portugal

  • Jonathan Torres Téllez
  • Alberto Montero Soler
Published: 10-05-2020
Pages 1-19

The quiet Portuguese: Are Portuguese taxpayers victims of fiscal illusion?

  • Ana Araujo
  • Paulo Jorge Reis Mourão
  • Pedro Daraujo
Published: 29-05-2020
Pages 1-20

Greek crisis and financial fragility in Minsky´s instability hypothesis

  • Amparo Alejandra Reyes Escobar
  • Carlos Antonio Rozo Bernal
Published: 29-05-2020
Pages 1-18
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