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Testing, not modelling, the impact of cohesion support: a theoretical framework and some preliminary results for the Spanish regions
In: CESifo working paper series 2918
In: Fiscal policy, macroeconomics and growth
This paper develops a simple model that can be used to estimate the effectiveness of Cohesion expenditure relative to similar but unsubsidized projects, thereby making it possible to explicitly test an important assumption that is often implicit in estimates of the impact of Cohesion policies. Some preliminary results are reported for the case of infrastructure investment in the Spanish regions.
A mixed splicing procedure for economic time series
In: CESifo working paper series 2876
In: Empirical and theoretical methods
This note develops a flexible methodology for splicing economic time series that avoids the extreme assumptions implicit in the procedures most commonly used in the literature. It allows the user to split the required correction to the older of the series being linked between its levels and growth rates on the basis what he knows or conjectures about the persistence of the factors that account for the discrepancy between the two series that emerges at their linking point. The time profile of the correction is derived from the assumption that the error in the older series reflects the inadequate coverage of emerging sectors or activities that grow faster than the aggregate.
El sistema de financiación de las comunidades autónomas de régimen común: un análisis crítico y algunas propuestas de reforma
In: Estudios sobre la enonomia Española 236
La educación en las regiones españolas: algunas cifras preocupantes
In: Estudios sobre la enonomia Española 205
Los mecanismos de cohesión territorial en España: un análisis y algunas propuestas
In: Estudios sobre la enonomia Española 200
Das Humankapital in der wissensbasierten globalen Wirtschaft: Abschlussbericht
In: Beschäftigung & Soziales
In: Beschäftigung und Europäischer Sozialfonds
Problemas metodológicos y distorsiones políticas en la elaboración de balanzas fiscales para las regiones españolas
In: Estudios sobre la enonomia Española 131
Infraestructuras y política regional
In: Estudios sobre la enonomia Española 122
Human capital in growth regressions: how much difference does data quality make?
In: OECD working papers Vol. 8, No. 86
In: Economics Department working papers / Organisation for Economic Co-operation and Development 262
Convergence across countries and regions: theory and empirics
In: Discussion paper series 2465
In: International macroeconomics
Innovation, "bank" monitoring and endogenous financial development
In: Discussion paper series 1276
In: International macroeconomics