Since 1995 the BBVA Foundation and the Ivie have been conducting an extensive research program on Spanish economic growth. The regularly-updated database "Capital stock in Spain and its distribution by territories" are the basis of this program, providing information on the accumulation of...

The article analyses the evolution of the differences in economic conditions among Spanish regions from the perspective provided by the recent advances made in economic growth empirics. Although convergence is usually established in terms of Gross Value Added (GVA) per capita, in the case of...

In this paper fiscal balances of the Regions with respect to the Central Government are examined. After analyzing the methodological problems, the results are examined and compared with simulations based on normative criteria. Finally, in the conclusions a special reference to the interpretation...

Using efficient Monte Carlo methods, the performance of two-step Generalized Least Squares (GLS) estimators for the one-way error components models in small samples is analyzed. In our approach, we focus on the two-step GLS estimators provided by the programs LIMDEP, RATS and TSP, which mainly...

Using efficient Monte Carlo methods, the performance of two-step Generalized Least Squares (GLS) estimators for the one-way error components models in small samples is analyzed. In our approach, we focus on the two-step GLS estimators provided by the programs LIMDEP, RATS and TSP, which mainly...

This paper develops a methodology for the construction of a System of Regionalized Public Accounts (SRPA) using a burden-benefit approach and applies it to the year 2005. The SRPA provides a detailed picture of the regional distribution of the tax burden and of the benefits arising from public...