This paper estimates the effect of the decision to import intermediate goods and capital equipment on Total Factor Productivity (TFP) at the firm level on a panel of Spanish firms (1991-2002). We use two alternative approaches. In the first, we estimate TFP and apply a diff-in-diff estimator...

This paper estimates the effect of the decision to import intermediate goods and capital equipment on Total Factor Productivity (TFP) at the firm level on a panel of Spanish firms covering the period between 1991 and 2002. We use two alternative approaches. In the first, we estimate TFP using...

European Enlightenment thinkers were right in stressing the political dimension of inequality, rather than referring to "natural differences" as some others did after them in the 19th or 20th centuries. Drawing from recent theoretical and empirical contributions in social sciences and in...

This paper is dedicated to the relation between market development and democracy. We distinguish contexts and preferences and ask whether it is true that the demand for democracy only emerges after a certain degree of market development is reached, and whether, conversely, democratization is...

The notion of Social System of Innovation and Production (SSIP) refers to an approach that tries to incorporate institutional elements into the economic analysis of technological change and to study the impact of these elements on long-term economic performance. The complementarities that exist...

The full employment commitments of the western governments of the post war period originated in a certain broad accord on what "modern capitalism" should allow in terms of welfare an employment and what the policy means should be to achieve it. A similar broad vision is necessary to realise the...

Analyses of structural transformations of modern developed economies have led in the second half of the 90s to two important debates. One bore on the skill bias nature of technological change, the other underlined the likely overestimation of consumer prices and therefore the underestimation of...

Le Big Bang domine potentiellement le gradualisme d'une part du fait du délais qu'il occasionne et d'autre part du fait de la complémentarité des réformes économiques. Cela dit la coopération sociale, définie de façon large, étant un déterminant important des réformes, le big bang...