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October 1974 - October 2015
Publications
Publications (80)
The study of the linkages between regions to identify key economic regions generally uses the hypothetical extraction method proposed by Dietzenbacher et al. (1993). This approach assumes a partial hypothetical extraction (PHEM), as it excludes only intermediate input flows. We use an extension of the hypothetical extraction method (Tormo et al., 2...
This study analyses the factors influencing markups in tourism companies, distinguishing between accommodation and catering activities due to their inherent heterogeneity. Given the competitive nature of the tourism industry, understanding the relationship between prices and costs is essential. Using data from Spanish tourism companies between 2017...
The aim of this study is to quantify the economic impact of the COVID-19 pandemic on the tourism sector in Spain using a comprehensive approach that considers the entire sector rather than focusing on specific subsectors such as hospitality. Time series analysis based on daily sales recorded through VAT revenue collection is utilized, employing the...
Purpose
This study uses an extensive sample of firms from Germany, France, UK, Portugal and Spain with the aim of obtaining conclusive results on the determinants that drive a firm to be high-growth firm (HGF). This sample includes micro firms, which are not generally considered in the literature. There are several reasons to take them into account...
This paper proposes a generalisation of the regional extraction method used by Dietzenbacher at el. [(1993). The regional extraction method: EC input–output comparisons. Economic System Research, 5(2), 185–206. https://do.org/10.1080/0953-5319300000017]. The production system represented by an input–output table is broken down into three flow matri...
El aumento de la productividad de una determinada economía requiere mejoras en la productividad de sus empresas, lo que se traduce en un mayor éxito empresarial. Cabe señalar que una empresa encaminada hacia el éxito es más productiva. El objetivo del trabajo es analizar cómo influyen los factores internos y los externos a la empresa en su producti...
Seasonality is a widely recognised and accredited phenomenon known to cause an imbalance in tourism activity throughout the year, prompting tourist destinations, both public and private, to consider how best to plan the use of their resources. One way of mitigating the economic imbalances that seasonality can cause is to find strategies for seasona...
La actual crisis sanitaria, provocada por el denominado Covid-19, y la crisis económica devenida van a tener un elevado impacto en uno de los sectores más relevantes de la economía española: el sector del turismo. El objetivo de este trabajo es cuantificar el alcance que distintos escenarios, contemplados para el sector del turismo, pueden tener en...
This paper investigates the effect of co-national immigrant´s communities (social networks) and historical international trade relationships (business networks) on the decision of migrants to locate in a particular province within Italy, Portugal and Spain. We check whether these decisions are locally bounded or spur in neighboring territories and...
Intangible capital is a key factor of productivity growth. This paper analyses how the internal intangible capital of the company and external intangible capital influence its productivity. This contribution focuses on the hotel industry since it is a key industry of the Spanish economy, such that any increase in its productivity has an impact on t...
The aim of this study is to analyse the determinants of survival of the hospitality industry. The study pays particular attention to the size of the enterprises since the majority of Spanish hospitality enterprises are microenterprises. Two approaches are considered. The first approach uses a binary choice model to analyse the determinants of survi...
El objetivo de este trabajo es identificar los factores determinantes de la composición de la estructura de capital de las empresas, utilizando datos de una muestra de empresas españolas de la base de datos SABI. A tal fin se ha utilizado un modelo en el que se considera que el nivel de endeudamiento se determina por las características económico-...
Despite the high proportion of domestic demand in the Spanish tourism sector, few studies focus on analysing domestic tourism flows. Nor there is much research examining the impact of public promotional spending on tourism demand. This article aims to address these two aspects by examining the determinants of tourism demand from the domestic Spanis...
The importance of intangible capital as a driver of productivity growth is recognised at both macroeconomic and microeconomic levels. However, in general, there is a lack of strong empirical evidence in the relevant literature on the connection between micro and macro approaches. This study integrates both perspectives to analyse how internal and e...
The aim of this paper is to analyse the interrelation between entrepreneurial capital and productive efficiency of the Spanish regions while verifying the importance that business dynamics and entrepreneurial activity have on regional economic growth. For this purpose, data are used from the seventeen Spanish regions during the period 2003−2016. A...
Purpose
The purpose of this paper is to analyse the determinants of the survival of Spanish companies.
Design/methodology/approach
Two approaches are used and they are complementary. The first approach analyses the determinants of survival probability. For this purpose, a binary choice model is built and estimated using a sample of companies from...
Purpose
The purpose of this paper is to analyse if the divergences in the economic growth of the Spanish regions are a result of sectoral differences, company size or technological level of the new firms that emerge in the market.
Design/methodology/approach
For this purpose, a model is specified and estimated in which the total factor productiv...
The aim of this paper is to analyse the determinants of survival in entrepreneurship in Spain. For this purpose, a Cox proportional hazard model is estimated, using information from the Continuous Working Life Sample. The results show that opportunity entrepreneurs have a higher probability of continuing their entrepreneurial activity than entrepre...
The aim of this paper is to analyse the determinants of survival in entrepreneurship in Spain. For this purpose, a binary choice model is specified and estimated, using information from the Continuous Working Life Sample drawn from the Spanish social security records. This database provides information on the work experience of entrepreneurs, which...
Purpose
The purpose of this paper is to analyse the gender differences of self-employment in Spain.
Design/methodology/approach
A binary choice model is specified and estimated, using information from the Continuous Working Life Sample drawn from the registers of the Spanish Social Security. Moreover, the differences in self-employment between men...
El objetivo de esta aportación es analizar la bondad de las estimaciones elaboradas en el marco Contabilidad Nacional Trimestral (CNTR) de España sobre la evolución del PIB, con detalle a tres ramas productivas, medida a través de sus tasas interanuales e intertrimestrales. En concreto, se evaluará la calidad y precisión de las estimaciones mediant...
The aim of this paper is to analyze the accuracy of estimates elaborated in the Quarterly Spanish National Accounts (QSNA) regarding the evolution of the main economic variables. In particular, we assess the quality and precision of the estimates by analyzing the possible existence of systematic discrepancies between the advances (first estimate) o...
The article uses panel data for the period 1990–2010 to estimate technology spillover effects on 17 Spanish communities. Accounting for nonstationarity and cointegration, we use the dynamic OLS estimator to estimate the impact of domestic and non-domestic R&D capital stock on labour productivity of Spanish communities, taking into account trade-, m...
This paper describes the bichannel teaching initiative undertaken by an interdisciplinary network of professors from different Universities and Research Institutions of Spain. The challenge was to screen and highlight technological resources and communication technologies (ICTs) currently available to be applied in classroom and virtual teaching en...
A pesar del elevado peso de la demanda interna en el sector turístico español, son escasos los trabajos que se centran en el análisis de los flujos turísticos internos. Asimismo, tampoco es abundante la literatura que aborda el impacto que los gastos públicos de promoción del destino tienen sobre la demanda turística. Este artículo pretende abordar...
This paper analyses the importance of externalities related to the spread of innovation across sectors. Such spillover effects arise from R&D activities and input–output (IO) linkages among sectors in the country. We borrow Spatial Econometrics techniques to make consistent estimates of the impact of these systematic direct and indirect spillovers...
RESUMEN A pesar del elevado peso de la demanda interna en el sector turístico español, son escasos los trabajos que se centran en el análisis de los flujos turísticos internos. Asimismo, tampoco es abundante la literatura que aborda el impacto que los gastos públicos de promoción del destino tienen sobre la demanda turística. Este artículo pretende...
An empirical two-equation dynamic panel-data model system with fixed effects is proposed to analyze the relationship between knowledge creation and economic performance across regions over time. Estimates of the model for Spanish regions show that (i) knowledge creation depends on local R&D effort, on the amount of knowledge in use, and on knowledg...
RESUMEN El objetivo de este trabajo es identificar los factores determinantes de la composición de la estructura de capital de las empresas, utilizando datos de una muestra de empresas españolas de la base de datos SABI. A tal fin se ha utilizado un modelo en el que se considera que el nivel de endeudamiento se determina por las características eco...
Este trabajo explora si las interdependencias sectoriales, tanto dentro de un sector entre países como entre sectores, pueden generar externalidades positivas en la innovación sectorial, derivadas de la difusión de conocimientos tecnológicos. Con datos anuales para 14 países de la OCDE y 12 sectores entre 1995 y 2005, los resultados muestran la rel...
A problem that frequently arises in economics, demography, statistics, transportation planning and stochastic modelling is how to adjust the entries of a matrix to fulfil row and column aggregation constraints. Biproportional methods in general and the so-called RAS algorithm in particular, have been used for decades to find solutions to this type...
En este trabajo se estiman los flujos migratorios de capital humano entre las regiones españolas a partir de un conjunto de hipótesis. Los resultados indican un aumento de la intensidad de los flujos brutos de emigrantes con niveles de instrucción de 2º y tercer grado. Se constata que en España existen tres polos de atracción y emisión de capital h...
This paper focuses on estimating interregional human capital migration flows in Spain, based on the assumption of key hypothesis on data and temporal characteristics of educated population migration flows. The results point to the increasing intensity of medium and high educated gross migration flows and confirm Madrid, the Basque Country and Catal...
In many countries a very important fraction of public expenditure is managed by regional authorities. However, in a world where economic life has quickened and become more turbulent, subnational institutions rarely have a timely regional macroeconomic picture at their disposal. The authors propose a guide to a method for estimating quarterly accoun...
This paper analyses the spatial patterns of innovation, its regional interdependencies and evolution, as well as its role in determining local innovation in Spanish regions. Results indicate the suitability of a trade-based regional proximity when considering spatial spillovers in innovation. In this context, not only local capacity is relevant in...
Subnational regional jurisdictions rarely have at their disposal a reasonable array of timely statistics to monitor their economic condition. In light of this, we develop a procedure that simultaneously estimates a quarterly time series for all regions of a country based upon quarterly national and annual regional data. While other such techniques...
El objetivo del trabajo es analizar las consecuencias que los atentados del 11-S han tenido sobre los flujos turísticos en España. El marco teórico utilizado se inspira en el modelo del comportamiento racional del consumidor desarrollado por Enders et al. (1992), en el se incluye el estudio de los efectos del terrorismo sobre la actividad del secto...
El estudio de los métodos de estimación de matrices biproporcionales presenta un gran interés dada la necesidad de encontrar modelos de estimación indirecta que ofrezcan una alternativa fiable a unos modelos directos que resultan muy costosos. El método RAS, ha sido considerado en economía desde hace años en la literatura como el método biproporcio...
Este trabajo tiene por objetivo comparar el método de detección, tratamiento y estimación de los outliers propuesto por Gómez & Maravall (1996) e formalizado a través del programa TRAMO/SEATS con el formulado por el X12-ARIMA. Con el fin de equiparar ambos métodos se realiza un ejercicio de Monte Carlo con un total de nueve mil series simuladas. El...
The development of a national or regional economy depends on its own actions as much as on those of its commercial partners. Trade transmits economic events from one economy to another. The type and the degree of interdependence between territories—regions or countries—determines the consequences of external actions in a region. Multipliers transla...
We investigate the impact of local and foreign forms of knowledge spillover on productivity growth inequalities in Spanish regions. In each sector and region such inequalities will depend on the innovative capacity of the region and on local spillovers emanating from proximity to innovation producers and from the composition of economic activity in...
A pesar de los continuos avances registrados en integración económica, comunicación y transporte, el entorno físico sigue condicionando fuertemente las relaciones comerciales. Este trabajo analiza los flujos comerciales interregionales de las CC.AA. españolas. Los resultados del estudio muestran que, en general, la mayoría de las regiones y especia...
This paper offers a solution to the problem of estimating Quarterly Regional Accounts congruently with national figures. We present, through an example, a procedure to solve that issue. That procedure allows us to get jointly the Best Linear Unbiased Estimates of a group of series, when some transversal and temporal aggregations of them are availab...
The most important asset of any organisation or country is its reserve of human resource. The capacity of society to understand and successfully adapt to new situations is highly related to the levels of training and education of its individual members. The education system, therefore, is one of the main foundations of any society's future. Over th...
El análisis de los flujos migratorios entre países y/o regiones permite la caracterización y clasificación de las mismas a partir de las peculiaridades de las unidades territoriales origen y destino de la población. En el presente trabajo se presenta una aproximación novedosa, inspirada en la metodología input-output, para modelizar los flujos migr...
Siguiendo la línea de anteriores trabajos (B. Cabrer et al. 2001, B. Cabrer et al 2002), este artículo pretende dar una visión del crecimiento económico valenciano a lo largo de los ejercicios de 2002, 2003 y 2004. Este tema se aborda en tres partes. En la primera se perfila la evolución del contexto económico internacional y nacional en 2002. En l...
La estimación de Contabilidades Trimestrales Regionales congruentes con las cifras
nacionales continúa siendo un problema abierto en Economía Regional. En este
documento se ofrece una respuesta a esta cuestión. Se presenta una aplicación
de un procedimiento que permite obtener de forma conjunta el estimador lineal insesgado
óptimo de un grupo de se...
Este artículo pretende otorgar una visión del crecimiento económico de la Comunidad Valenciana en los ejercicios de 2001 y 2002. En el primer apartado se perfila la evolución del contexto económico internacional y nacional en 2001. En el segundo se analiza la evolución de la economía valenciana en 2001, tomando como referencia el total nacional y l...
El modelo que se desarrolla en este trabajo enfatiza el papel del comercio internacional como fuente de crecimiento y convergencia. Se analiza como los flujos comerciales entre una economía líder y otra seguidora favorecen el catch-up tecnológico y generan un proceso de convergencia condicional a través de la difusión tecnológica. Ésta tiene lugar...
Este artículo realiza un balance de situación de la economía de la Comunidad Valenciana en 2000. En el primer punto abordaremos la evolución del entorno económico internacional y nacional a lo largo de dicho ejercicio. En el segundo se analiza la evolución de la economía de la Comunidad Valenciana, tomando como referencia el total nacional y las di...
El desarrollo y evolución futura de un territorio está fuertemente condicionado por la intensidad y el sentido de variación que registre su población. Este documento estudia y analiza los cambios que durante el primer decenio del siglo XXI afectarán a la población de la Comunidad Valenciana, con previsiones centradas en el ámbito comarcal. El envej...
This paper addresses the problem of joint disaggregating a group of time series when their temporal aggregation values and their contemporaneous aggregation are known and when a number of related series in the desired frequency are available. The focus is on temporal distribution of annual series. This problem was treated before by other authors bu...
In January 1986, Spain became a member of the European Economic Community (now the European Union). This had two major effects on the Spanish economy: first, the introduction of a new tax, i.e. value-added tax; second, the variation of foreign trade taxes. The new situation produced considerable changes throughout the Spanish economy, but the main...
In this paper we try to give a solution to the aggregation problem on working with input-output tables. First of all we verify the degree of similarity among the production functions of the industris which aggregate in each sector. Secondly, once we have established the aggregation by using different cluster analysis, we set a number of conditions...
In recent years, the hotel industry has brought in significant changes to adapt to the development and use of new technologies. The aim of this paper is to analyse the main sector characteristics that affect innovation in the hotel industry and the relationship between innovation, specialization, geographical concentration and profitability in Span...
This paper aims to study some of the factors that influence the sectoral diffusion of innovation. The final objective is to arrive at a model of innovation diffusion in order to analyse how different economic policies can help to promote it. In the first place, an exploratory analysis is carried out in which some new statistics such as the sectoral...
In this paper conditions under which compensatory policies for the unequal leve1 of regional development should be designed are proposed. It favours the principie of equal treatment of al1 citizens on the part of the public sector regardless of where they live. The inequalities are interpreted in terms of differencials in demand excesses (deficits...
A two-equation dynamic panel-data model with fixed effects is used to analyse the relationship between knowledge creation and economic performance among 17 Spanish regions over time (1989-2001). In the model, productivity depends on new knowledge, technological change is achieved using R&D effort over existing knowl-edge, and external effects of bo...
This paper analyses the importance of externalities related to the spread of innovation. Such spillover effects arise from productive sectors being dependent on each other as both suppliers and demanders of intermediate inputs. We borrow Spatial Econometrics techniques to perform our analysis. Our proposal expressly addresses these direct and indir...
Resumen El objetivo de este trabajo es determinar las variables que explican las innovaciones tecnológicas en el sector turístico. Para ello se ha utilizado una encuesta elaborada para tal fin que ha proporcionado información sobre las innovaciones implementadas por las empresas así como de alguna de sus características que son consideradas como po...