The European Union (EU) provides grants to disadvantaged regions of member states to allow them to catch up with the EU average. Under the Objective 1 scheme, NUTS2 regions with a GDP per capita level below 75% of the EU average qualify for structural funds transfers from the central EU budget....

Gravity models of international trade have been frequently applied to estimate the impact of common (official or spoken) language on bilateral trade. This study provides a meta-analysis based on 701 language effects collected from 81 academic articles. On average, a common (official or spoken)...

The article offers an empirically-founded analysis of conflicts on public utility infrastructures in the region surrounding Paris It sheds some light on public decision-making process and on the role conflicts play in the process of land availability in the Paris region. Empirical evidence based...

Desde el año 2004 el Ministerio de Hacienda publica anualmente el Marco Fiscal de Mediano Plazo (MFMP) en el cual se presentan las proyecciones oficiales sobre ingresos y gastos del gobierno central para los siguientes diez años. Como es de esperar, dichas proyecciones están sujetas a altos...

This paper investigates the impact of fiscal policy on profits using panel data for 19 high-income OECD countries during the period 1975-1999. We estimate a profit equation in which profits depend on a set of fiscal variables. Our empirical method is based on a consistent treatment of the...

La prestación de los servicios de infraestructura en zonas aisladas y marginadas es un desafío importante en cualquier país ya que la alta dispersión de la población eleva los costos de prestación, y la baja capacidad de pago dificulta su financiamiento. En Colombia, estas dificultades se...

"El propósito de este documento es, precisamente, elaborar dicho diagnóstico y formular una serie de reomendaciones para logar el fortalecimiento de las instituciones encargadas de la regulación y la supervisión de las empresas proveedoras de servicios públicos en Colombia. Este...

We provide a comprehensive survey of the recent literature on the link between productive government expenditure and economic growth. Starting with the seminal paper of Robert Barro (1990) we show that an understanding of the core results of the ensuing contributions can be gained from the study...

This article investigates the contribution of regions to aggregate growth. We find a great degree of heterogeneity in the performance of Territorial Level 3 ( TL3) regions of the OECD (Organization for Economic Cooperation and Development). The regional contributions to aggregate growth follow a...