The article analyses the evolution of the differences in economic conditions among Spanish regions from the perspective provided by the recent advances made in economic growth empirics. Although convergence is usually established in terms of Gross Value Added (GVA) per capita, in the case of...

Since 1995 the BBVA Foundation and the Ivie have been conducting an extensive research program on Spanish economic growth. The regularly-updated database "Capital stock in Spain and its distribution by territories" are the basis of this program, providing information on the accumulation of...

Using efficient Monte Carlo methods, the performance of two-step Generalized Least Squares (GLS) estimators for the one-way error components models in small samples is analyzed. In our approach, we focus on the two-step GLS estimators provided by the programs LIMDEP, RATS and TSP, which mainly...