This study assesses the effectiveness of private and public capital investments in the performance of manufactures within the framework of the duality theory. The response of costs of production and input utilization to changes in the stocks of private and public capital is measured by the...

This paper tests whether Spanish industry adjusted the amount of inputs and output to those considered optimal given their prices in each time period. With this aim, we use the short- and long-run equilibrium models given by duality theory, and we apply the optimality tests derived from them for...

Lopez-Bazo E., Del Barrio T. and Artis M. (2005) Geographical distribution of unemployment in Spain, Regional Studies 39 , 305-318. This paper estimates the external shape of the regional distribution of unemployment rates and it studies intradistribution dynamics to analyse the extent of...

This paper proposes a set of tools to analyse the regional distribution of unemployment. As we are interested in the characteristics of the whole distribution, we complement results from the traditional regression analysis with those from the estimation of its external shape before and after...

Miguelez E., Moreno R. and Artis M. Does social capital reinforce technological inputs in the creation of knowledge? Evidence from the Spanish regions, Regional Studies. This paper seeks to verify the hypothesis that trust and cooperation between individuals, and between them and public...

This paper provides novel empirical evidence of the indirect effect of educational attainment on regional economic growth, through its influence on the profitability of investment in physical capital. We test the hypothesis that the regional heterogeneity of the return to physical capital can be...

This paper investigates the extent to which the gap in total factor productivity between small and large firms is due to differences in the endowment of factors determining productivity and to the returns associated with these factors. We place particular emphasis on the contribution of...

Empirical evidence is compelling that large firms are more productive than small firms. The hypothesis in this paper is that the productivity differences between small and large firms are associated with two of the main determinants of a firm’s performance: the human and technological capital...

The direct effect of human capital on economic growth has been widely analysed in the economic literature. This paper, however, focuses on its indirect effect as a stimulus for private investment in physical capital. The methodological framework used is the duality theory, estimating a cost...