Institut de Recerca en Economia Aplicada Regional i Pública (IREA): Envíos recientes
Mostrando ítems 81-100 de 450
On the regional impact of broadband on productivity: the case of Brazil [WP]
This paper analyses the incidence of broadband on regional productivity in Brazil, intending to find out if the economic impact is uniform across all territories of the country. The possibility of performing a regional ...
Risk Spillovers between Global Corporations and Latin American Sovereigns: Global Factors Matter
We study volatility spillovers between the corporate sector’s and Latin American countries’ CDS. Daily data from October 14 2006 to August 23 2021 are employed. Spillovers are computed both for the raw data and for filtered ...
Do innovation and human capital explain the productivity gap between small and large firms?
Empirical evidence is compelling that large firms are more productive than small firms. The hypothesis in this paper is that the productivity differences between small and large firms are associated with two of the main ...
Number and severity of BI victims, assuming dependence between vehicles involved in the crash
The number of victims in vehicles in Spanish motor crashes is analyzed by bodily injury (BI) severity level. Generalized linear mixed models (GLMMs) are applied to model the number of non-serious victims, serious victims ...
Inequality of subjective economic uncertainty and individual economic prospects in the pandemic period
Durante un periodo de pandemia, se espera que aumente la incertidumbre sobre la evolución de la economía, condicionando las decisiones económicas de los individuos. Este artículo estudia qué factores influyen en la aparición ...
Do government formation deadlocks damage economic growth? Evidence from history's longest period of political deadlock [WP]
Several countries have experienced lengthy periods of political deadlock in recent years, as they have sought to form a new government. This study examines whether government formation deadlocks damagea country’s economy. ...
Re-examining the debt-growth nexus: A grouped fixed-effect approach (WP)
This paper uses panel data for 116 countries over the period 1995-2016 to investigate the heterogeneity of the debt-growth nexus across countries and the factors underlying it. In the first step, the grouped fixed effects ...
Scaling Down Downside Risk with Inter-Quantile Semivariances
We propose a risk-management strategy for portfolio allocation based on volatility scaling. The strategy involves decomposing realized volatility according to the magnitude and sign of a given return and, then, using part ...
Geography and Regional Economic Growth: The high cost of deviating from nature
We analyze the role of nature and geography in determining economic and social outcomes. We propose a theoretical model relating geography and nature to economic growth, and examine that model using data from NUTS 2 European ...
Cartel destabilization effect of leniency programs
This paper investigates the theoretically and empirically unsettled question of the effect of the leniency programs on cartel duration, cartel fines and the length of the investigation. The fact that leniency programs were ...
Testing the FTPL across government tiers
Control on regional government budgets is important in a monetary union as lower tiers of government have fewer incentives to consolidate debt. According to the Fiscal Theory of the Price Level; unsustainable non-Ricardian ...
An analysis of the Okun´s law for the Spanish provinces
The inverse relationship between unemployment and Gross Domestic Product (GDP) growth, commonly known as Okun’s law, has been traditionally analysed in the economic literature. Its application for Spain has been carried ...
Do elderly people living in rural areas enjoy better mental well-being? Evidence from Catalonia, Spain
Despite its relevance, the effect of rurality/territory on the emotional well-being of the elderly population has not been analyzed in depth. This work examines the influence of fixed and modifiable risk factors on emotional ...
Regional variability in the impact of human capital on regional growth
The first objective of this study is to furnish new evidence concerning the aggregate profitability of the accumulation of human capital. In addition to the traditional measure of the return to human capital, combining the ...
The Economic Cost of A Hurricane: A Case Study of Puerto Rico and Hurricane Georges 1998 Using Synthetic Control Method
The aim of this study is to evaluate the long–term effect of a hurricane in the output of a country. The study estimates the effects of Hurricane Georges on Puerto Rico in 1998 using aggregated level data. To do ...
Certificate Oversupply in the European Union Emission Trading System and its Impact on Technological Change
We examine the number of patent applications for climate change mitigation technologies (CCMT) filed at the European Patent Office and seek to relate it to the oversupply of emission allowances under the European Union ...
Education and Ethnic Intermarriage: Evidence from Higher Education Expansion in Indonesia [WP]
In this paper, we analyse the effect of educational attainments on interethnic marriages in Indonesia, a multi-ethnic emerging country. The empirical analysis is based on data from the Java Island obtained from the 2014 ...
Non-Crossing Dual Neural Network: Joint Value at Risk and Conditional Tail Expectation estimations with non-crossing conditions
When datasets present long conditional tails on their response variables, algorithms based on Quantile Regression have been widely used to assess extreme quantile behaviors. Value at Risk (VaR) and Conditional Tail Expectation ...
Has concentration evolved similarly in manufacturing and services? A sensitivity analysis
Our first objective is to compare the degree of concentration in manufacturing and services, with special emphasis on its evolution in these two sectors, using a sensitivity analysis for different concentration indices and ...
Graduate migration in Spain: the impact of the great recession on a low mobility country
This work studies the impact that the Great Recession has had on the migration of graduates in Spain, a country with low international mobility for graduates but where push factors associated to the crisis have probably ...
