The contents of the present work focus on contrasting the possible contribution of the funds from the second pillar of the Common Agricultural Policy (CAP) to improving the evolution of one of the economic variables that is usually included as an objective to be achieved by rural development...

This paper studies the relation between government spending composition and long-run behavior of Colombian real Exchange rate given the recomposition since 2004 from public consumption to public investment. Our results suggest that empirical models work better when the relative price of...