The purpose of this paper is to analize the avdentagesand disadventages of fiscal policy coordination against othernon cooperative solutions in a monetary and economic union. Asimple macroeconomic model of two countries in line with thestandard models within the literature is used. The...

We have developed a simple oligopoly model in which foreign direct investment (FDI) decisions are determined in an endogenous fashion. There is a host oligopoly facing competition from a foreign oligopoly in the form of either foreign investment or exports. Then, we propose a multi-stage game to...

The paper aims to analyze the sources and criteria used to elaborate historical series ofthe main aggregates and macromagnitudes of the fourteen Spanish industrial sectors for the 1964-1989 period. Specifically, it presents Gross Value Added (GVA) sector series at factor cost andits distribution...

The empirical evidence for the Spanish automobile exports reflects the segmentation of international markets, and the existence of a strategy of markup adjustments aimed at the stabilisation of prices in terms of each one of the OECD countries' local currency. However, this strategy will mostly...

In this paper we analyze the possibility that temporary exchange rates shocks have persistent effects on market structure and trade flows (Le. hysteresis) when we consider a monopolistic competition market where firms established in different countries face sunk cost entry. Moreover we want to...

In this paper, we use a distance-based method, specifically the Ripley’s K function, to evaluate the spatial location patterns of Spanish manufacturing establishments and to assess the different tendencies to cluster in each sector or subsector relative to the whole of manufacturing....

We consider a number of individual, discrete consumers, deciding their location on Hotelling's line in a non-cooperative way. Agglomeration emerges as a non-cooperative equilibrium, implying high transportation costs. No restriction is required concerning the functional forrn of transport costs...

El objetivo del trabajo es determinar la existencia y magnitud de las economías de escala, internas y externas, y los márgenes entre precio y coste marginal en la industria española, durante el período 1964- 1989. Los resultados obtenidos para 13 de los 14 sectores industriales de NACE-CLIO...

This paper constitutes an approach to the behavior of prices of the main exporters of tiles in the European markets. As in prior research studies, the analysis is based on the control of marginal costs, cross section data, and the data at an industry level, but with the particularity that the...

This paper takes into account the presence of oligopolistic rivalry between exporters to evaluate their pricing to market behavior. We specify the pricing policy as a simultaneous equation model, which captures the effects of possible interactions in multiple destination markets. The use of...