Institut de Recerca en Economia Aplicada Regional i Pública (IREA): Envíos recientes
Mostrando ítems 201-220 de 450
Tourims and high speed rail in Spain: Does the AVE increase local visitors [WP]
This paper analyses from an empirical point of view the relationship between the provision of high-speed rail services (HSR) and the evolution of tourism at the local level in Spain. We have built a database of 124 ...
Paying for Protection: Bilateral Trade with an Alliance Leader and Defense Spending of Minor Partners
Military spending was the main government expenditure until the 20th century, and it still represents a significant fraction of most governments’ budgets. We develop a theoretical model to understand how both military and ...
Does decentralization affect local entrepreneurial capacity?
In recent decades, decentralization has become a prominent topic in both academic and political discussions, with research increasingly focusing on its implications for economic development. This paper explores a specific ...
The Spatial effects of transportation on industrial employment
This paper examines the direct and indirect impacts of transport infrastructure on industrial employment. We estimate regressions with spatial econometric methods using data from the Spanish regions for the period 1995-2008. ...
El Clasico of Housing: Bubbles in Madrid and Barcelona’s Real Estate Markets
This paper contributes to the housing bubble literature by analysing rental and sales price dynamics in Spain’s two largest urban centres—Madrid and Barcelona—between May 2007 and December 2024. Using monthly data from ...
Corruption and local politics: does it pay to be a crook?
During the recent years of economic boom in Spain, political corruption at the local level boomed as well. In fact, it increased from 7 publicly denounced cases from 1999-2003 to at least 180 in the last legislative period ...
Disentangling the separate and combined effects of privatization and cooperation on local government service delivery
Inter-municipal cooperation is often regarded as an alternative to privatizing local public services. But cooperation and privatization can also be combined into a composite reform package, where several municipalities ...
Vulnerable Funding in the Global Economy [WP]
We study the international propagation of financial conditions from the United States to global financial markets. The impact is highly heterogeneous alongside the quantiles of the distribution of the two major funding ...
EU-15 sovereign governments’ cost of borrowing after seven years of monetary union
Yield spreads over 10-year German government securities of the EU-15 countries converged dramatically in the seven years after the beginning of Monetary Integration. In this paper, we investigate the relative influence ...
The First Privatization Policy in a Democracy: Selling State-Owned Enterprises in 1948-1950, Puerto Rico
In the 1940s, when the Governor of Puerto Rico was appointed by the US President and the Puerto Rican government was answerable only to the US Federal government, a large state-owned enterprise (SOE) sector was established ...
Fiscal policy and interest rates: the role of financial and economic integration
It is commonly believed that a fiscal expansion raises interest rates. However, these crowding out effects of deficits have been found to be small or non-existent. One explanation is that financial integration offsets ...
One more lie: the Monday effect in Spain’s retail petrol market
Empirical evidence drawn from the economic literature points to a low level of competition in the retail petrol market. Similar evidence can be found for the Spanish market. In fact, both Spain’s antitrust authority -Comisión ...
Risk of hospitalization of diagnosed COVID-19 cases during the pandemic: a time-series analsys to unveil short- and long run dynamics [WP]
Objectives: With the outbreak of the SARS-CoV-2 pandemic, the unprecedented rise in demand for hospital care brought health Systems worldwide to the brink of collapse. The dynamics of the COVID-19 pandemic have alternated ...
The robustness of the sovereign-bank interconnection: Evidence from contingent claims analysis
We analyze the interconnection between the sovereign and banking sector risk in the peripheral euro area countries over the 2004Q4-2013Q2 period. Applying the contingent claims methodology, we build indicators of sovereign ...
Why do municipalities cooperate to provide local public services? An empirical analysis
Intermunicipal cooperation is being increasingly adopted in various countries as a part of local service delivery reforms. This paper draws on survey data from Spain’s municipalities to examine the reasons underpinning the ...
Defining housing market areas using commuting and migration algorithms. Catalonia (Spain) as an applied case study
In the literature on housing market areas, different approaches can be found to defining them, for example, using travel-to-work areas and, more recently, making use of migration data. Here we propose a simple exercise to ...
Estimating the effects of fiscal policy under the budget constraint
I reconsider the short-term effects of fiscal policy when both government spending and taxes are allowed to respond to the level of public debt. I embed the long-term government budget constraint in a VAR, and apply this ...
La liberalización de las telecomunicaciones en España : control de la inflación y universalización del servicio
Los estudios sobre la liberalización han enfatizado la importancia de las presiones externas en el impulso a las reformas pro mercado. Sin negar esta influencia, en este trabajo sostenemos que son los intereses nacionales ...
Retaking a course in Economics: Innovative methodologies to simulate academic performance in large groups [WP]
Students who have to retake courses at university are often not only lowachieving, but also unmotivated and lacking self-confidence. These problems may be accentuated in large groups of repeater students. In this context, ...
Are traffic violators criminals? Searching for answers in experiences of European countries
The connection between road traffic safety and criminal behavior has recently become a topic of interest in the literature, although little emphasis placed on the relationship with road accidents. Evidence worldwide shows ...
