The purpose of this paper is to estimate the influence of Argentina and Brazil on the Uruguayan economy between 1980 and 2002. The analysis of the relations between the regional GDPs indicated the existence of a long-term equilibrium between the growth rates of Argentina, Brazil and Uruguay....

Este documento presenta un análisis pormenorizado de la estructura del gasto público en España y de su evolución reciente, en comparación con el resto de los países europeos. España presenta un peso del sector Administraciones Públicas (AAPP) asimilable al de los países de su entorno,...

This paper examines the relationship between stock market development and economic growth in case of Argentina's economy. Apply Granger causality and exogeneity tests based on VEC (vector error correction) models with monthly data covering the period 1993:1-2010:8. The results show that the...

<b>RESUMEN</b><br> <br> En este trabajo se estudia la relación entre crecimiento económico y capital público. El objetivo principal es analizar si las dotaciones de capital público en España y Andalucía favorecen el crecimiento de la productividad del sector privado en el territorio nacional y andaluz y...

This paper analyzes the economic growth of the departments of Colombiain the period 1975-2000 and in the subperiods 1975-1990 and 1990-2000,emphasizing the impact of the estructure of production on observedperformance. For this purpose, various specifications of the Shift-Sharemethodology are...

The paper discusses different attempts to measure economic growth in Europe before the Industrial Revolution. It is argued that the figures published by Angus Maddison probably overestimate growth between 1000 and 1820. Next, a method for simulating long-term patterns of growth is presented, and...

Are some specialisations more favourable to growth than others? Recent studies contend that countries growth opportunities are enhanced when they specialised in more productive goods, in goods that offer larger possibilities to climb in the quality ladder and in goods that open more channels to...

Several studies estimate TFP for the Uruguayan economy at an aggregate level (Bucacos,2000; Blyde et al, 2004; Fossati et al, 2005; De Brum, 2004). Though they use generally similar estimation methodologies they find contradictory evidence. In this paper we discuss possible explanations to these...