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 analyze the roles of inward foreign direct investment (FDI) and imports of capital goods as the main drivers of technology diffusion and productivity improvement in a sample of twenty-eight developing economies for the period 1999-2009. We examine changes in the sectoral composition of FDI as...

Traditionally, Spain has been a destination for people coming from rich European countries. However, at the end of the last century, the pattern of these immigrant flows changed. The Spanish economic growth model, based on the construction industry, attracted large numbers of immigrants...

As a consequence of the increasing globalisation and integration of the world's markets, there has been an intensive process of international fragmentation of production over the last few decades. This phenomenon whereby previously integrated productive activities are segmented and...