This paper investigates the contribution of public investment to the reduction of regional inequalities, with a specific application to Mexico. We use quantile regressions to examine the impact of public investment on regional disparities according to the position of each region in the...

This paper proposes a test statistic for the null hypothesis of panel stationarity that allows for the presence of multiple structural breaks. Two different specications are considered depending on the structural breaks affecting the individual effects and/or the time trend. The model is exible...

We present a theoretical framework for determining the short- and long-run effects of infrastructure. While the short-run effects have been the focus of most previous studies, here we derive long-run elasticities by taking into account the adjustment of quasi-fixed inputs to their optimum...

As adult height is a well-established retrospective measure of health and standard of living, it is important to understand the factors that determine it. Among them, the influence of socio-environmental factors has been subjected to empirical scrutiny. This paper explores the influence of...

We present a statistical model of agrarian vineyard specialization in the province of Barcelona towards 1860, that combines the Boserupian push of population increase, the demand pull of a Smithian-type of growth (measured by the time-distances to the nearest seaport), and the agrological lands...

This paper considers the design of equalisation transfers in the presence of asymmetric information with respect to the provision cost of regional public output (Adverse selection). To overcome this problem, the central layer of government has to design an optimal incentive-compatible direct...

This research finds neither significant differences in earnings and revenues for farms using fair value (FV) for biological assets with respect to those valuing at historic cost (HC), nor an increase in their volatility. It does not bring about differences in profitability, accounting...

This work carries out an empirical evaluation of the impact of the main mechanism for regulating the prices of medicines in the UK on a variety of pharmaceutical price indices. The empirical evidence shows that the overall impact of the rate of return cap appears to have been slight or even...

The current state of regional and urban science has been much discussed and a number of studies have speculated on possible future trends in the development of the discipline. However, there has been little empirical analysis of current publication patterns in regional and urban journals. This...

The problem of the consideration of any interest like usury and the ways to avoid the ecclesiastical condemnation were some of the main economic and moral topics of the traditional Europe. This paper shows the origins and foundations of the ecclesiastical doctrine on the usury, the appearance of...