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In this paper we analyze wage flexibility in Spain and its regional differences, departing from the estimation of wage curves. Using data from the Wage Structure Survey, we proceed to estimate regional wage equations, relating the observed wage received by workers to a group of personal and job...
Persistent link: https://www.econbiz.de/10010815205
It is relatively common to use location quotients (LQ) in the elaboration of regional (or sub-national) input-output tables (IOT). In the application of this kind of methodology, there appear two simultaneous corrections of the intermediate consumption matrix (one by rows and another by...
Persistent link: https://www.econbiz.de/10010766387
In economic studies, optimal use of known information should be paramount. But this requirement is usually neglected in economic modeling based on supply-use tables (SUTs). In SUT format the number of products is higher than the number of industries, and the usual practice is to aggregate...
Persistent link: https://www.econbiz.de/10010895138
The application of RAS-SU requires prior knowledge of the row and column sums of the matrices in question. The Euro method avoids this limitation; however it is only applicable to square matrices and it is not always convergent. In this paper, the global updating method is adapted to supply and...
Persistent link: https://www.econbiz.de/10009320484
There exist a huge number of updating methods for input-output tables, some of them simple and others more complex, depending on their formulation. The information available to enable the application of these methods differs; hence certain methods cannot be used in some models. In practice, the...
Persistent link: https://www.econbiz.de/10009320485
Tourism sector is playing an important role in the development of a region, contributing to the economy growth and job creation. Despite of the actual crisis, Tourism activities continues to growth in the last year (UNWTO 2011). Also, Spain maintains in the better positions of the world ranking....
Persistent link: https://www.econbiz.de/10010757190
Wage dispersion across the Spanish industrial sectors has been continuously increasing during the last years. In this work we attempt to explain this fact by studying the wage setting process prevailing in the Spanish industry. Starting from a wage equation which includes sector-specific...
Persistent link: https://www.econbiz.de/10009320483
The economic and social importance of housing markets justifies, more than ever, rigorous analyses that show clearly the actual situation and the future trend of that sector. This paper aims to provide a preliminary estimate of the economic impact of the construction sector on the Spanish...
Persistent link: https://www.econbiz.de/10011114312
La presencia de elementos negativos en el vector de inputs primarios en el contexto del marco input-output ha sido considerada un impedimento para la formulación de modelos lineales multisectoriales. Lo cierto es que si se da esta circunstancia, las correspondientes ramas productivas presentan...
Persistent link: https://www.econbiz.de/10010875532
Estimating the impact of tourism on an economy means to estimate both benefits and costs associated with tourism. Without any doubt, tourism has a huge economic and social importance. However, the growth of tourism has been accompanied by significant drawbacks in terms of emission of greenhouse...
Persistent link: https://www.econbiz.de/10010670781