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...

Credit institutions provide financial intermediation services indirectly measured(FISIM). The consideration of those services by national accounts raise many problems.SEC-70 and SEC-95 (chapter 3) decided to include FISIM in a fictitious sector. Thissolution does not seem to be the best one as...

Este trabajo analiza el efecto del precio de las acciones extranjeras enlos mercados nacionales. El método que aquí se propone identifica, para cadauno de los mercados estudiados, dos elementos distintos hasta ahora nodiferenciados: primero, la importancia de un mercado atribuible a...

Evidence of the existence of overeducation in the Spanish labour market has drawn the attention of research on the transitory character of overeducation (Alba-Ramirez, 1993 and García and Malo, 1995). Our main interest lies on whether overeducation is a source of inefficiency in the allocation...

This paper constitutes an approach to the behavior of prices of the main exporters of tiles in the European markets. As in prior research studies, the analysis is based on the control of marginal costs, cross section data, and the data at an industry level, but with the particularity that the...