This paper carries out a comparative analysis between the Spanish day-ahead market and the intraday market. Due to electricity's features, it is very important to program generation electricity in advance. The Spanish electricity market includes a peculiar intraday market in which agents can...

This paper discusses the PCS Catastrophe Insurance Option Contracts, providing empirical support on the level of correspondence between real quotes and standard financial theory. The highest possible precision is incorporated since the real quotes are perfectly synchronized and the bid-ask...

During the 1990s an intense programme of high capacity road construction was carried out in the Spanish road network. This considerably improved accessibility to municipalities. The aim of this paper is to determine whether this greater accessibility has had positive effects on the creation of...

This paper deals with the location decisions of manufacturing firms in Spain. We analyse how agglomeration economies and transport accessibility influence the location decisions of firms at municipality level and in three industries. The main empirical contributions of this paper are the...

This paper deals with the location decisions of manufacturing firms in Spain. We analyse how agglomeration economies and transport accessibility influence the location decisions of firms at municipality level and in 10 industries. The main empirical contributions of this paper are the...