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The decline in public investment: "social dominance"or too-rigid fiscal rules?
Delgado Téllez de Cepeda, Mar; Gordo Mora, Esther; …
El nivel de inversión pública de las economías avanzadas se encuentra en mínimos históricos y muestra una tendencia decreciente al menos desde la década de los ochenta. Hay dos hipótesis principales en la literatura que tratan de explicar este hecho. La hipótesis de la «prevalencia del...
Persistent link: https://www.econbiz.de/10012525004
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The response of private investment to an increase in public investment
Alloza, Mario; Leiva León, Danilo; Urtasun Amann, Alberto
Artículo de revista ; Since the 2008 crisis, public investment as a proportion of GDP has declined significantly both in Spain and in other euro area countries. That trend recently came to an end, given that public expenditure has been bolstered in response to the health crisis and will be...
Persistent link: https://www.econbiz.de/10013210162
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The potential growth of the Spanish economy after the pandemic
Cuadrado Salinas, Pilar; Izquierdo, Mario; Montero, …
A pesar del carácter exógeno de la crisis sanitaria debida al COVID-19, su intensidad y persistencia podrían provocar un impacto negativo sobre el crecimiento económico a largo plazo. Este artículo ofrece una discusión exhaustiva sobre los diversos canales a través de los cuales la crisis...
Persistent link: https://www.econbiz.de/10013408735
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A production network model for the Spanish economy with an application to the impact of NGEU funds
Fernández-Cerezo, Alejandro; Moral-Benito, Enrique; …
Este trabajo introduce un modelo sectorial para la economía española que permite una mejor comprensión de la propagación de shocks sectoriales teniendo en cuenta diferentes interacciones de red. En particular, el modelo presenta interacciones sectoriales a lo largo de varias dimensiones en...
Persistent link: https://www.econbiz.de/10013496659
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The Recovery, Transformation and Resilience Plan and its macroeconomic impact from a sectoral standpoint
Fernández Cerezo, Alejandro; Moral Benito, Enrique; …
Rationale The Recovery, Transformation and Resilience Plan (RTRP), linked to Next Generation EU, details an investment programme that represents a unique opportunity to facilitate the structural transformation of the Spanish economy, on account of both the plan’s envelope (around €69.5...
Persistent link: https://www.econbiz.de/10013547101
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Una primera caracterización de las empresas receptoras de fondos NGEU en España
Aguilar García, Eduardo; Alloza Frutos, Mario; Mata, …
Este documento presenta una primera caracterización de las empresas receptoras de los fondos del programa Next Generation EU (NGEU) desde el comienzo del mismo y hasta abril de 2023. Las empresas adjudicatarias de licitaciones asociadas al NGEU presentan un mayor tamaño, una mayor...
Persistent link: https://www.econbiz.de/10014459850
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The medium-term effects of investment stimulus
Domínguez-Díaz, Rubén; Hurtado, Samuel; Menéndez, …
Este artículo presenta un modelo de equilibrio general y crecimiento endógeno (EGGEM) con dinámicas empresariales e inversión en innovación para la economía española, el cual permite una mejor comprensión de los efectos a medio plazo de políticas económicas y perturbaciones. El modelo...
Persistent link: https://www.econbiz.de/10014459852
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Projected refined product balances in key Latin American countries: A preliminary examination
2009
Over the years, the East-West Center (EWC) has developed considerable expertise in refinery modeling, especially in the area of forecasting product balances for countries, given planned capacity changes, changes in product demand, changes in crude slates, and changes in product specifications....
Persistent link: https://www.econbiz.de/10009436759
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Effect of market structure on international coal trade
Kolstad, C.D.; Abbey, D.S. - 2009
This paper is concerned with the determinants of international steam-coal trade. Most work in projecting coal trade has been either qualitative (a consensus of experts) or, if quantitative, has been based on competitive spatial-equilibrium models. Unfortunately, the competitive model of trade...
Persistent link: https://www.econbiz.de/10009437106
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Impact of Free Trade Agreements on the Colombian Beef Sector
Gomez, Miguel I.; Frank, Julieta; Parra, Tatiana - 2010
Colombia negotiated bilateral Trade Agreements (TAs) with the UnitedStates and with the MERCOSUR region (Argentina … meat consumers in Colombia. Our resultssuggest that with free imports of chicken parts from the U.S, beefconsumption and … Colombia gradually decreasesthe tariff for imported beef. We identify the reduction in marginalcosts required to compete with …
Persistent link: https://www.econbiz.de/10009446148