This paper obtains a series of aggregate capital stock for the Spanish economy, in which for this calculation, the depreciation average was previously estimated as an additional parameter in a production function. Although the result when including the parameter in a production function is...

Most of the recent contributions to intertemporal optimization models of consumption and capital accumulation aim at the development of a theory of intertemporal resource allocation under uncertainty. One of the standard tools for solving such models is Stochastic Dynamic Programming.A...

The aim of this paper consists mainly of analyzing if the aggregated behaviour ofinvestors in the Spanish capital market corresponds with the risk-return relationshiphypothesized by CAP models. In our country little empirical work has been done usinggrouping of assets in portfolios. Different...

This paper makes a proposal for a taxonomy of boundary changes in Spanish municipalities along time. The different types of changes are organized in a hierarchy, as well as represented in a homogeneous manner, independently of the number of municipalities involved and of the changes suffered....

This paper provides empirical evidence on the relationship between indicators of competitive pressure and innovation incentives using panel data of Spanish manufacturing firms for the period 1990-2006. Instead of using standard indicators of competition, such as market concentration measures or...

During the years of crisis, Spain’s autonomous communities have experienced a significant general increase in their deficits and, until 2012, have had severe difficulties to control them. Their debts have grown strongly and are considered the most worrying element of Spain’s public finance...

This paper aims to contribute to the literature on New Economic Geography by providing empirical evidence for the connections between new trade theory and the spatial distribution of economic activities. To do this, we apply Social Network Analysis specifically to the World Automotive Trade...

This paper presents an exercise in the definition of cities from clear and explicit quantitative criteria. The city concept is linked to the local political level, so in this sense we can talk about “administrative cities”, since they are formed by one municipality, or a group of them that...

This paper explores the key experiences that Uruguayans consider relevant for becoming an adult in Uruguay. In particular, we assess the linkages between adulthood and skills, income, labor market participation and marital status, among others transitions that have been found to be associated...