Globalization and growth-maximizing governments may cause countries to converge toward a similar composition of government expenditures. These convergent forces may be even more intensive in the case of EU member states engaged in the European integration process. The results obtained, through...

This paper analyses two significant and to date open issues regarding the role of trade as a channel for international technology spillovers. The first refers to its relative impact on growth in comparison to that of own R&D spending. The second has to do with the importance of the technological...

Following the present atmosphere of budgetary cuts in the OECD countries we analyze the effects of fiscal consolidation in the composition of government expenditures by functions. We modify a standard median voter demand model to incorporate a form of fiscal illusion based on the idea that...

This article analyses the effects that EU Eastern enlargement will have on the Spanish economy. As opposed to the widespread belief that the major impact on Spain will stem from the reduction of Community funds received, the impact on two real variables is also analysed here, namely trade and...