We present a stylized, supply-side model to estimate the permanent effects of the Community Support Framework (CSF) programmes on a regional economy and use it to estimate the impact of the 1994--1999 and 2000--2006 CSF programmes on the Spanish region of Galicia. The evolution of the economy is...

Se estudia aquí la dependencia serial y la velocidad de ajuste a nueva información en base a retornos semanales de portafolios de acciones transadas en la Bolsa de Valores de Santiago de Chile agrupados por tamaño y volumen transado durante el período 1991-2000. Se estudian...

This paper analyses the influence of economic remoteness in the explanation of per capita GDP disparities across Spanish provinces. In order to do so, we regress provincial per capita GDP on market access and a set of control variables using OLS and IV estimates. The results of our estimations...

In this paper we use a generalized entropy index such as the Theil index to analyze regional inequalities in Europe. We proved that there is a synchronization between the convergence and catching-up process of objective 1 regions towards the EU15 average with the reform of the EU regional...

The traditional concept of a strict minimum of nontaxable income equal for all taxpayers embedded in most current income-tax systems is the result of a paradox of fiscal egalitarianism. The paper shows that substituting the traditional notion of a strict minimum of nontaxable income for a scheme...

Second nature geography variables are very relevant in the explanation of income disparities across regions within countries and across countries. This paper uses the framework of the New Economic Geography to derive the structural equation which relates nominal wages with a distance weighted...

This paper focuses on international organizations, especially those regulat-ing trade and exchange. It draws on the Theory of Clubs (Buchanan, 1965) and builds a model that aims to explain governments' optimal choices when joining international organizations. The results of the model show that...