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 article we analyse whether the Ricardian equivalence hypothesis is a valid approximation for Spain’s economic reality or whether there exist deviations from that situation which would be more in line with the conventional Keynesian perspective of the effects of debt on private...