This article examines the institutional and individual determinants of the correct allocation of political responsibilities in a decentralized country such as Spain. It also deals with the learning process of individuals over time. Our results show that the allocation of powers is more...

In this paper we analyze the determinants of the export performance firms. The methodology used is reminiscent of that of previous studies. The main novelty is the use of information provided by a specific field work done to effect. The analysis shows that export propensity is growing the more...

The aim of this short paper is to discuss the future of the European Monetary Union (EMU) departing from the current financial crisis. In particular, we focus on its effects on the prospects for the EMU integration or disintegration.

The aim of this short paper is to discuss the future of the European Monetary Union (EMU) departing from the current financial crisis. In particular, we focus on its effects on the prospects for the EMU integration or disintegration.

The aim of this paper is twofold. First, we analyze the Inter-territorial Compensation Fund (ICF) as a regional policy instrument contemplated in the 1978 Spanish Constitution. Attention is focused on the period 1990-2013. Both the drivers of the ICF and its impact on regional public investment...

The very strong foreign immigration in Spain between 1999 and 2009 has generated very limited effects on interregional convergence of per capita GDP and productivity, unlike what happened with the internal migration flows between 1955 and 1979. This article is aimed at explaining why. Results...

The economic crisis in Spain has strengthened the key role of the external sector as a source of demand and as a compensating factor of the sluggish in the domestic demand. In which extent is this effect observable at a firm level? Do the most internationalized companies have better deal with...

This document continues the Ardan Indicator Survey started in 2012. This study is included in the Economic and Competitiveness Report prepared by the Service for Advanced Studies Consortium of "Zona Franca de Vigo". The main objective of this document is to identify the best companies in the...

The Galician economy continues with its positive path in the third quarter of the year taking into account the evolution of real GDP, employment and unemployment. On the one hand, the dynamism of the productive activity, with increasingly high positive interannual variation rates, translates...

The health crisis caused by COVID-19 in China and its wide-spread to world, has caused from an economic point of view, a global and symmetrical crisis, which affects both supply and demand. In addition, it has caused a significant loss of financial wealth and tensions in the liquidity of...