The implantation of the Euro in the eleven of the EU has driven the big banks to expand their presence in other European countries, which may have negative consequences on their credit risk in view of the disadvantages involved in entering new markets. The aim of this paper is to analyse the...

This paper analyzes the relationship between human capital and convergence with a model that takes into account the different effects of human capital accumulation on regional convergence. As an input, human capital produces convergence due to both decreasing returns and public intervention on...

This study analyses cost and revenue inefficiencies for a sample of European railway companies. On the basis of a DEA model we calculate cost and revenue inefficiencies, decomposing them into inefficiencies of a technical or allocative type. It is observed that inefficiencies in revenues are...

This paper analyses the regional wages in Spain and tests their relationship with the different regional human capital endowments, using an approach that takes into account the possible measurement error in human capital indicators. The results indicate that, when allowing for the possibility of...

This paper analyzes the Spanish case, in which a significant degree of regional inequality exists along with scarce net migratory flows. Therefore, we consider spatial differences on human capital returns as a determinant of migration instead of per capita income or wage per worker, as empirical...

This paper analyzes Spanish economic growth and the effect of interaction between human capital accumulation and sectoral structure. Data show significant differences in sectoral human capital stocks per worker for the period 1965-95. When tested, the effect of human capital, both as an input...

The aim of this paper is to analyze the convergence of labor productivity in the Spanish regions over the period 1964-9 1. A nonparametric approach is used to compute Malmquist productivity indexes. Through their decomposition, we calculate the contribution of technical progress, changes in...

The aim of this paper is to analyse the role of human capital in the productivity gains of the countries of the OECD in the period 1965-90, breaking down the productivity gains into technicalchange and gains in efficiency. For this purpose we use both a stochastic frontier production function...

This paper analizes the effect of education on job productivity, via improvements in workers humaii capital. Together with conventional measures of human capital such as the average years of school attainment, some alternative measures which take into account the distribution by levels of...

This paper shows the importance of the composition of production -productive specialization- and sector inefficiencies when evaluating efficiency in aggregate production. For this purpose, a new approach is proposed for obtaining efficiency scores which enables two components to be...