Accurate regional estimates of output are desired as an indicator of level of development and as a variable used to explain internal migration, demand patterns, fertility and other aspects of behaviour. This chapter explores one often neglected aspect of regional income differences, namely that...

The decision to take more education is complex, and is influenced by individual ability, financial constraints, family background, preferences, etc. Such factors, normally unobserved by the researcher, introduce endogeneity and heterogeneity problems into estimating the returns to education. In...

Recent works on political competition incorporate a valence dimension to the standard spatial model. The goal of this paper is to axiomatize rankings of candidates by voters that are consistent with Euclidean preferences on the policy space and an additive valence dimension. Specifically, we...

La obesidad es un problema médico complejo que, según la Organización Mundial de la Salud, se ha convertido en epidemia mundial. Su creciente prevalencia se traduce en un incremento de la incidencia de las patologías asociadas con un impacto significativo sobre los costos sanitarios y un...

What determines the level of a country’s military expenditures? Both history and theory indicate that military expenditures are strategic in nature—a country’s military expenditures depend on the military allocations of other countries. This article examines two potential...

This article analyses the role of the Commission in the European Union (EU). We present a game-theoretical model of two EU processes - Commission appointment and the adoption of legislation - and apply this model to the appointment of recent Commissions and their legislative programmes....

There are widespread differences in health care spending and utilization across regions of the US as well as in other countries. Are these variations caused by demand-side factors such as patient preferences, health status, income, or access? Or are they caused by supply-side factors such as...