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.

More Announcements...

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.

Enhanced annuities as a complement to the public retirement pension: analysis of their implementation in Spain

  • Jorge de Andrés Sánchez
  • Laura González-Vila Puchades
Published 12-11-2020

Enhanced annuities are non-deferred annuities that, by considering risk factors of the insured person in addition to their age, can provide a greater periodic pay-out than that of standard annuities. Given current demographic trends and the associated longevity risk, enhanced annuities, widely introduced in the United Kingdom, can become an important market niche in countries where their sale levels are low or non-existing, as is the case of Spain. In this work, we describe some key aspects of enhanced annuities. A quantitative analysis is also carried out. To do so, we focus on determining the pay-outs to be received, based on the consideration of a mortality table fitted to the annuitant’s life expectancy. Finally, the main drivers of and barriers to the demand and supply of this product are exposed, considering the particular situation of Spain.

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.

Own identity and cultural and creative industries. The case of European regions

  • José Manuel Amoedo Meijide
  • Manuel González López
Published 26-10-2020

In this paper we analyse the impact that cultural identity and political autonomy have on the ability of European regions to develop the sector of creative and cultural industries. Firstly, we have compiled a collection of existing literature on key factors to explain the agglomeration of these industries. Secondly, we introduce our hypotheses about the effect of regional identity on creative and cultural industries. Next, we consider four econometric models that relate these concepts in the case of European regions. Finally, we expose the main conclusions of the work that can be summed up as the existence of a positive impact of regional identity on the development of creative and cultural industries in the European regions.

Blue governance: Sustainable port governance

  • Beatriz López-Bermúdez
  • Maria Jesús Freire-Seoane
  • Carlos Pateiro-Rodríguez
Published 03-11-2020

This research presents a proposal for a study of governance from the perspective presented in the Integrated Maritime Policy (IMP) of the European Union, which seeks to provide coherence to the problems in the maritime sector through the coordination of all stakeholders in the maritime sector. The objective of this research is to identify the barriers and the problems that occur when a Member State tries to implement the Integrated Maritime Policy in the governmental organization of marine spaces. The challenge is to achieve ‘blue governance’ i.e.the activation of a network of cooperation between the different stakeholders of the port sectors so as to be able to integrate the different regional, national, European and international levels with the purpose of establishing a structured, systematic collaboration framework

Vol 29 No 2 (2020)

Special Issue: Socio-economic challenges of demographic change

Published: 2020-10-19

Table of contents

Socio-economic challenges of demographic change

  • Melchor Fernández Fernández
  • María-Celia López-Penabad
  • Ana Iglesias Casal
Published: 16-10-2020
Pages 1-3

Depopulation, ageing and social policies in Castilla y León

  • José Manuel Díez Modino
  • Ana Pardo Fanjul
Published: 16-10-2020
Pages 1-18

Demography and sustainability of the public pension system

  • Miguel Ángel Vázquez Taín
Published: 16-10-2020
Pages 1-18

Productive vs. residential economy: Factors behind the recovery of rural areas in socioeconomic decline

  • David Peón Pose
  • Xose Manuel Martínez Filgueira
  • Edelmiro López-Iglesias
Published: 16-10-2020
Pages 1-30

Local energy autonomy and sustainable rural development. Analysis of the predisposition to participate in renewable energy communities

  • María Ángeles López Cabarcos
  • Noelia Romero Castro
  • Vanessa Miramontes Viña
Published: 16-10-2020
Pages 1-25
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