The aim of this paper is to analyse the effect of automatic teller machines on the productivity, costs and profitability of the Spanish savings banks. After describing the importance of ATM in the Spanish payment system, the paper analyses the effects of ATM on the savings banks sector using...

In this research, we estimate a gravity equation augmented with technological innovation and transport infrastructure variables in order to analyse the impact of these variables on international trade. According to our results, investing in transport infrastructure and technological innovation...

Many studies have examined the impact of various characteristics of the board of directors on firm value. However, little attention has been paid to the impact of female board membership on firm value, with the exception of a number of U.S. studies. The aim of this paper is to investigate this...

The paper¿s objective is to determine the sociodemographic and economic factors which influence housing demand of owners in an urban and rural area. In addition, we pretend to state that the housing tenure and the location of the dwelling in an urban or rural area are endogenous in the quantity...

In November 2001, the Spanish Official Exchange for Financial Futures and options launched the mini IBEX-35 futures contract. Following the seminal paper of Bessembider and Seguin (1992), this paper analyzes the effects of the introduction of the mini-futures contract in the Spanish stock index...

Spain is one of the OCDE countries where the unemployment rate is higher. Some explanations stress the important role played by unemployment spells in relation to entry rates to the unemployment pool. Long-term unemployment rates are particularly high for women in Spain. The object of this paper...

This study provides an empirical evidence of the relationship that exists between participation in technological strategic alliances and business performance by considering the knowledge-based distinctive competencies that the alliance is capable of generating as a mediating variable. The...

This paper contains an analysis of the economic effects of human capital onproduction, measured as Gross Value Added per full-time equivalent worker. To thisend, a Cobb-Douglas type production function has been used, with Gross Value Added(GVA) a function of human capital and private and public...

Nowadays, the importance of crude oil goes beyond simple economic aspects and affects social life in general. As such, it is imperative that we should know what the relationship between GDP growth and oil price changes is like. This paper presents evidence of a nonlinear relationship between the...

This is an exploratory insight into the profile and prospects of growth and success attached to one category of firms, known as "New Technology Based Firms (NTBFs), the socalled high-tech and innovative new ventures. With this study we are willing to furnish a new methodological tool...