This paper analyses the degree of competition among banks and savings banks during the 1992-99 period using two industrial organisation tools: the Panzar and Rosse contrast (1987) and Lerner¿s estimation of indices. Panzar and Rosse¿s contrast does not allow to reject the monopolistic...

During the years of crisis, Spain’s autonomous communities have experienced a significant general increase in their deficits and, until 2012, have had severe difficulties to control them. Their debts have grown strongly and are considered the most worrying element of Spain’s public finance...

The paper analyzes differences in economic conditions of Spanish regions and theirevolution from the point of view of growth theory, emphasizing the convergence process.The characterization of this process varies depending on the type of data we use: thetraditional source, elaborated since 1955...

The aim of this paper is to analyze the efficiency of the Spanish banking system forthe period since Spain's incorporation into the EC (1986) to the beginning of the Unit Marketin 1993. A new productivity analysis is justified by the deep changes experienced duringthese years in the banking...

This paper presents the first results of a broader research carried out by the Instituto Valenciano deInvestigaciones Económicas (IVIE) on public capital and regional development in Spain. An estimation ofpublic capital endowments, for the years 1980, 1985 and 1990, is obtained, for the first...

The aim of this paper is to analyze the role of public capital, specially the role played by the different types of infrastructures and their territorial distribution in the productivity gains of the Spanish private sector. The analysis is carried out starting from an estimation of Spanish...

In the last years, the increase in the level of competition, the reduction of margins, the phenomenon of banking disintermediation, etc. have affected the bank´s income structure, increasing the importance of non-interest income. This paper examines the impact of past and current developments...

The analysis of bank accounting ratios as indicators of competitiveness has been complemented and occasionally revised by the increasing use of more sophisticated indices ofefficiency. In recent years, over a hundred studies have analysed the efficiency of financial institutions, concentrating...

The paper explains the evolution of total factor productivity in theSpanish economy during the years 1964-1987. In its first part it describesthe stylized facts of the Spanish growth process and, after discussing theefficiency measurement cntena to be used, points out that the Spanisheconomy...

This study analyses the evolution of market power in the banking sectors of the European Union based on the estimation of Lerner indices. Using a panel of 18,810 observations of the banking industries of Germany, France, Italy, Spain and the United Kingdom during the period 1992-99, the results...