Recent contributions to the literature on public choice have examined the effects of regional fiscal balances and unsuitable decentralization mechanisms on the capability of regional governments to make expenditure decisions. We focus on Spanish regional case. Our results suggest that, given the...

Growth literature has considered the existence of groups of economies which have been termed convergence clubs. Literature confirms their existence for European regional case. This paper has focused on how conditioning factors are influencing European regional GDPpc distribution. The estimation...

The aim of this study is to analyse the impact of corporate financial structure on a firm's export propensity, especially that of small and medium-sized enterprises (SMEs). The paper contributes to the literature concerned with the relationship between exports and financial constraints from the...