Institut de Recerca en Economia Aplicada Regional i Pública (IREA): Recent submissions
Now showing items 281-300 of 450
The effect of health and economic costs on governments' policy responses to COVID-19 crisis, under incomplete information [WP]
COVID-19 outbreak has become an unprecedented health, economic and social crisis. We build a theoretical model, based on which we develop an empirical strategy to analyze the drivers of the agility of policy response to ...
Resolution of optimization problems and construction of efficient portfolios: An application to the Euro Stoxx 50 index
We assess the effectiveness of various portfolio optimization strategies (only long allocations) applied to the components of the Euro Stoxx 50 index during the period 2002-2015. The sample under study contemplates episodes ...
An Overview of Urbanization in Ecuador under FUAs Definition [WP]
This paper analyzes the urbanization of Ecuador in the period 1950 – 2010 under the Functional Urban Areas (FUAs) definition. When Ecuadorian FUAs population evolution over time is explored, it is possible to observe that ...
Income inequality and economic growth in Asian countries
This study examines income inequality across 53 Asian countries from 1990 to 2021, focusing on the application of the Kuznets’ curve theory. This hypothesis states an inverted U-shaped relationship exists between economic ...
Bilateral trade between China and the European Union: Emerging challenges and opportunities in a shifting global landscape
This paper examines trade relations between China and the European Union from 2000 to 2022, focusing on the role of trade policy uncertainty alongside key economic and institutional factors. Using an extended gravity model, ...
Technological cooperation and R&D outsourcing at the firm level: The role of the regional context
Much has been said about the role that technological networking activities play on the innovative performance of firms, but little is known about the relevance of the context where the firm is locate shaping the efficiency ...
Climate Change Mitigation and the Role of Technologic Change: Impact on selected headline targets of Europe’s 2020 climate and energy package
The European Union launched a set of policies as part of its 2020 climate and energy package aimed at meeting its 20/20/20 headline targets for smart, sustainable and inclusive growth. This paper evaluates how successful ...
Effects of Tourism on Community Economic Well-Being and Heterogeneity of Local Destinations: Evidence From a Developed Tourist Market
Unease with tourism has spread to many areas with large populations, and local governments are implementing or discussing measures to reduce tourist intensity. The metropolitan-based narrative about the negative externalities ...
Does social capital reinforce technological inputs in the creation of knowledge? Evidence from the Spanish regions
In this paper we seek to verify the hypothesis that trust and cooperation between individuals, and between them and public institutions, can encourage technological innovation and the adoption of knowledge. Additionally, ...
Measuring the impact of ride-hailing firms on urban congestion: The case of Uber in Europe
This paper examines the impact of Uber, the world's largest ride-hailing firm, on congestion. Drawing on data from European cities for the period 2008 through 2016, I find a negative impact of Uber on congestion. The ...
Easier said than done: Understanding the implementation of re-municipalization decisions and associated delays
In recent years there has been growing evidence of a reversal of earlier privatizations at the municipal level. We use data on over 800 cases of re-municipalization worldwide to examine propositions drawn from theory on ...
Systemic banks, capital composition and CoCo bonds issuance: The effects on bank risk
This paper shows that systemic banks are prone to increase their regulatory capital ratio through a decline in risk-weighted assets density and an intense use of lower level capital. The market access of systemic banks, ...
Economía urbana y calidad de vida. Una revisión del estado del conocimiento en España
Quality of life is increasingly becoming a concept researched empirically and theoretically in the field of economics. In urban economics in particular, this increasing interest stems mainly from the fact that quality of ...
Agglomeration, Inequality and Economic Growth (WP)
The impact of income inequality on economic growth is dependent on several factors, including the time horizon considered, the initial level of income and its initial distribution. Yet, as growth and inequality are also ...
Export Destination and Firm Upgrading: Evidence from Spain
This paper examines the role of export destinations on firm upgrading. I exploit the real effective exchange rate devaluation in Spain during the Great Recession to identify the unusual export performance of manufacturing ...
Trust in times of economic crisis in Spain: Paradoxes for social capital theory
The theory of social capital suggests that trust in other individuals (social trust) and trust in institutions are closely related phenomena. People who trust more in other individuals also trust more in institutions, and ...
An analysis of the determinants in economics and business publications by spanish universities between 1994 and 2004 (WP)
The objective of this study consists, firstly, of quantifying differences between Spanish universities’ output (in terms of publications and citations), and secondly, analysing its determinants. The results obtained show ...
Innovation, heterogeneous firms, and the region [WP]
This paper investigates the role of regional determinants on innovation performance controlling by the firm’s absorptive capacity and other sources of firm heterogeneity. The findings for a sample of firms in Spain support ...
Distant or close cousins: Connectedness between cryptocurrencies and traditional currencies volatilities
This paper examines the volatility interconnection between the main cryptocurrencies and traditional currencies during the period of February 2014-September 2018 using both a framework proposed by Diebold and Yilmaz (2014) ...
The economic costs of separatist terrorism in Turkey
Turkey has been suffering from separatist terrorism and the political conflict it implies since the mid 1980s, both of which are believed to have a negative impact on economic welfare. This article investigates the economic ...
