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Publications (116)
This paper simulates the potential economic and fiscal impacts of the new Spanish University Law. Based on its expected positive effects over the production factors (labour and human and technological capital) due to increases in the number of scholarships and dual mentions and higher R&D investment,among the main ones, we estimate its impact on Sp...
Amidst the COVID‐19 pandemic, most research has examined specific temporal snapshots. This study diverges by offering a comprehensive analysis of COVID‐19 incidence across the Spanish provinces throughout six distinct waves of the pandemic. Using spatial exploratory techniques, we find no single pandemic; rather, there have been waves. Significant...
This article proposes a framework to study how the existing knowledge portfolio of regional economies affects the emergence and occurrence of breakthrough technologies. The study discusses the relevance of cognitive distance between the technology of a breakthrough invention and the existing technological base in their geographic vicinity. Theoreti...
Despite the global consensus about the growing significance of renewables, the regional drivers of innovation in these unique and novel technologies have been widely neglected in the literature. In this paper, we show that renewable energy (RE) inventions differ from other green inventions in the knowledge recombination processes leading to their g...
Innovation rarely happens through the actions of a single person. Innovators source ideas while interacting with peers at different levels and intensities. With a dataset of disambiguated inventors from 1980 to 2010 in European metropolitan areas, we assess the influence of their interactions with co-workers, organizations’ colleagues, and geograph...
Purpose
This paper aims to evaluate whether the integration of smart specialization strategies (S3) into clusters significantly impacts their efficiency for countries that still do not implement this policy. This study tests three effects: whether the kind of policies envisaged through an S3 strategy impacts cluster’s efficiency; whether this impac...
This study provides a new insight into the impact of knowledge flows for renewable energy (RE) technologies. With patent data for the European regions in the period 2000–10, we observe that RE technologies have more analytical knowledge content than the rest of the technologies. They also seem to benefit highly from both scientific knowledge flows...
literature points out that foreign direct investment (FDI) brings firm-level productivity spillovers. However, few studies have been conducted in Latin-American economies. By using a unique Brazilian county-level FDI database, this paper explores whether the effect of the amount of FDI at the county level on firms' productivity growth depends on ce...
The main objective of this paper is to describe the performance of the EU Cohesion Policy in terms of EU funds effectiveness. The effectiveness in the absorption of funds is a permanent challenge for EU member states, and therefore, the analysis of the absorption capacity is needed in its different spheres: its scope, its determinants and its effec...
This paper explores R&D offshoring’s role in radical product innovations. These innovations are important for companies’ growth strategies, and we check the extent to which companies rely on external sources, which may bring knowledge that differs significantly from that already present internally. The evidence for Spanish firms between 2004 and 20...
Much has been said about the role that technological networking activities play on the innovative performance of firms, but little is known about how the regional context influences the efficiency of such networking activities. In this paper we hypothesize that the transformation of firms’ networking activities into innovation may vary depending on...
Technological innovation is essential to achieve simultaneously economic, environmental and social goals (i.e. the green growth). Indeed, many studies found that environmental innovation spurs overall innovation. However, this topic has not been investigated by taking into account the geographical context. Therefore, our paper seeks to investigate...
This paper aims to estimate the impact of collaboration in innovation activities with partners in different geographical areas on innovative performance. By using the Spanish Technological Innovation Panel, this study provides evidence that the benefits of collaboration differ across different dimensions of the geography. We find that the impact of...
This paper investigates the relation between cooperation in innovation activities and
innovation before and during the last economic recession. We find that cooperation in
innovation activities has a stronger relation with radical innovation performance during
the economic recession than before, this being true irrespectively of whether the
partner...
This work summarises the main findings of the review of the implementation of the Cohesion Policy in Extremadura (Spain) during the Operational Program 2007-2013, which closed early 2017. The PERCEIVE project, developed within the H2020 framework, gives the opportunity to analyse the characteristics of the region, its main strengths and weaknesses...
Relatedness, external linkages and regional innovation in Europe. Regional Studies. This paper analyses if the generation of new knowledge benefits from the combination of similar or dissimilar pieces of existing technologies, in terms of their technological content (related versus unrelated variety), for the case of European regions. Specifically,...
Purpose
The purpose of this paper is to analyse cooperation in R&D in the automobile industry in Spain. It first examines to what extent firms cooperate with external actors in the field of technological innovation, and if so, with what type of cooperation partner, paying special attention to the differentiation according to the size of the firms....
We provide evidence on the dynamics in firms’ cooperation behaviour in innovation activities. Our main objective is to analyse if collaborative agreements are persistent at the firm level; and, in such a case, to study what are the main drivers of this phenomenon. We also study to what extent such persistence is different from persistence in R&D, s...
We analyse the heterogeneity in firms’ decisions to engage in R&D cooperation, taking into account the type of partner (competitors, suppliers or customers, and research institutions) and the sector to which the firm belongs (manufactures or services). We use information from the Technological Innovation Panel (PITEC) for Spanish firms and estimate...
This paper assesses the extent to which absorptive capacity determines knowledge flows’ impact on regional innovation. In particular, it looks at how regions with large absorptive capacity make the most of external inflows of knowledge and information brought in by means of inventor mobility and networks, and fosters local innovation. The paper use...
Miguélez E. and Moreno R. Research networks and inventors' mobility as drivers of innovation: evidence from Europe, Regional Studies. This paper investigates the importance of the labour mobility of inventors, as well as the scale, extent and density of their collaborative research networks, for regional innovation outcomes. To do so, a knowledge p...
The aim of this paper is to identify the determinants of the geographical mobility of skilled individuals, such as inventors, across European regions. Among a large number of variables, we focus on the role of social proximity between inventors’ communities. We use a control function approach to address the endogenous nature of networks, and zero-i...
The aim of this paper is to investigate the relative contribution of different features of the local labour market for inventors on regional patenting. By means of a knowledge production function and a sample of 276 European regions, we assess whether local labour mobility of inventors, as well as the scale and extent of their collaborative researc...
The goal of this paper is twofold. First, we aim to assess the role played by inventors' cross-regional mobility and collaborations in fostering knowledge diffusion across regions and subsequent innovation. Second, we intend to evaluate the feasibility of using mobility and co-patenting information to build cross-regional interaction matrices to be...
This paper is the summary of the IAREG (Intangible Assets and Regional Economic Growth) European project, which analyzed the role of intangible assets (IA) on regional economic growth. We focused on some of the most relevant intangible assets, for which statistical information is available and where the consortium had more expertise. Consequently,...
The goal of this paper is twofold: first, we aim to assess the role played by inventors’ cross-regional mobility and networks of collaboration in fostering knowledge diffusion across regions and subsequent innovation. Second, we intend to evaluate the feasibility of using mobility and networks information to build cross-regional interaction matrice...
The aim of this study was to devise a method for computing a composite indicator that measures the regional degree of exposure to external knowledge sources. On the basis of this indicator, we propose a typology of regions according to their potential capacity to access extra-local items of knowledge, which might help them to recombine complementar...
It is commonly believed that higher budget deficits raise interest rates. However, these crowding out effects of increasing public debt have usually been found to be small or non-existent. One explanation is that on globalised bond markets interest rate differentials are offset due to financial integration. This paper tests crowding out, and measur...
The aim of the present paper is to identify the determinants of the geographical mobility of skilled individuals, such as inventors, across European regions. Their mobility contributes to the geographical diffusion of knowledge and reshapes the geography of talent. We test whether geography, amenities, job opportunities and social proximity between...
This paper studies the relationship between different control mechanisms to palliate agency problems and R&D activity. Among the various control mechanisms to alleviate agency problems arising from the lack of identity between ownership and control in decision -making positions, we analyse those focusing on the inclusion of owners in the decision-m...
This article examines the impact of agglomeration economies on economic outcomes and is specifically concerned with analysing
the effect on standard regressions of including variables that measure intangible assets that might boost productivity as
well. Thus, in assessing the relationship between agglomeration and productivity, we consider endogene...
This paper aims at analysing the impact of the regulation of the European Union (EU) internal market (IM) in the adoption of innovation. After constructing an indicator of innovation adoption based on the information provided by the Community Innovation Survey, in the first stage, we define the impact of some major IM regulations on cooperation, co...
LOPEZ-BAZO E. and MORENO R. Profitability of investments in education: evidence from Spanish regions, Regional Studies. The objective of this paper is to furnish new evidence concerning the aggregate profitability of the accumulation of educational human capital. In addition to the traditional measure of the return to human capital, combining the i...
In this paper we seek to verify the hypothesis that trust and cooperation between individuals, and between them and public institutions, can encourage technological innovation and the adoption of knowledge. Additionally, we test the extent to which the interaction of social capital with human capital and R&D expenditures improve their effect on a r...
Mora T. and Moreno R. The role of network access on regional specialization in manufacturing across Europe, Regional Studies. This paper focuses on the debate over the importance of infrastructure in the course of European integration. It aims to analyse whether the accessibility created by the improvement in the access to the transport network has...
The main aim of the present study is to analyse the drivers of innovation adoption, specifically the identification of the channels through which innovation adoption takes place and the estimation of the main determinants of this adoption process in the Internal Market (IM). In doing so, we follow the idea that public policies play an important rol...
The aim of the present paper is to shed light on the determinants of geographical mobility and location choices of skilled individuals across the European regions. The most talented workers, e.g. inventors, move for a number of reasons, contributing in this manner to the geographical diffusion of knowledge as well as to reshape the geography of tal...
This paper seeks to determine the factors underpinning changes in regional specialisation patterns in the European Union between
1991 and 2002. First, we consider a set of determinants previously identified in the regional literature, including agglomeration
effects and other specific regional factors (business cycle, amount of investment, etc.). H...
Based on the Community Innovation Survey, this paper suggests new indicators of innovation adoption. The magnitude of innovation adoption is assessed for 22 EU countries and different industries. The most striking feature is the correlation between the innovation activities and the adoption rate. Countries with strong R&D and human resources and hi...
This paper aims to provide insights into the phenomenon of knowledge flows. We study one of the main mechanisms through which these flows occur, namely, the mobility of highly‐skilled individuals. We focus on the geographical mobility of inventors across European regions. Thus, patent data are used to trace the pattern of inventors' mobility across...
ROYUELA V., MORENO R. and VAYÁE. Influence of quality-of-life on urban growth: a case study of Barcelona, Spain, Regional Studies. There are several determinants that influence household location decisions. More concretely, the recent economic literature assigns an increasingly important role to the variables governing quality-of-life. Nevertheless...
A government running a deficit needs to turn to financial markets to place this additional public debt. Newly issued public
bonds compete for financing with bonds issued by private agents. The additional demand created by the fiscal expansion pushes
up interest rates, and eventually crowds out private investment. Not all economists agree that conso...
Based on the Knowledge Production Function framework given by Griliches (1979), we slightly modify it so that the innovative output depends upon a set of fa ctors related to the firm internal characteristics and are influenced by the environment. Specifically, regarding the firm internal determinants the effect of the concentration of the ownership...
This paper is concerned with the influence of agglomeration economies on economic outcomes across British regions. The concentration of economic activity in one place can foster economic performance due to the reduction in transportation costs, the ready availability of customers and suppliers, and knowledge spillovers. However, the concentration o...
This paper aims to provide new insights into the well-studied phenomenon of knowledge spillovers. We study one of the main mechanisms through which these spillovers occur, that is, the mobility of highly-skilled individuals. In contrast to earlier studies, we focus on the geographical mobility of inventors across European regions. First, we gather...
The main aim of the present study is to analyze the drivers of innovation adoption by (i) developing proper measures able to proxy for innovation adoption and internal market regulations, (ii) identifying the channels through which innovation adoption takes place and (iii) assessing the main determinants of this adoption process within the internal...
The direct effect of human capital on economic growth has been widely analysed in the economic literature. This paper, however, focuses on its indirect effect as a stimulus for private investment in physical capital. The methodological framework used is the duality theory, estimating a cost system aggregated with human capital. Empirical evidence i...
It is commonly believed that a fiscal expansion raises interest rates. However, these crowding out effects of deficits have been found to be small or non-existent. One explanation is that financial integration offsets interest rate differentials on globalised bond markets. This paper measures the degree of integration of government bond markets, us...
Miguélez E., Moreno R. and Artís M. Does social capital reinforce technological inputs in the creation of knowledge? Evidence from the Spanish regions, Regional Studies. This paper seeks to verify the hypothesis that trust and cooperation between individuals, and between them and public institutions, can encourage technological innovation and the a...
The main objective of this paper is to quantify the impact that the presence of the Colombian terrorist groups (guerrilla and paramilitares) has in the real estate market. We estimate hedonic regressions for 1.052 municipalities. Among the statistical information, we mainly cross cadastral information at the local level with other variables such as...
This book begins with a theoretical examination of regional innovation systems, agglomeration economics and knowledge spillovers, before going on to examine the same concepts within an empirical framework. Special emphasis is given to the importance of proximity in the formation of regional innovation systems. It concludes by considering innovation...
This paper investigates the extent to which the gap in total factor productivity between small and large firms is due to differences in the endowment of factors determining productivity and to the returns associated with these factors. We place particular emphasis on the contribution of differences in the propensity to innovate and in the use of sk...
The objective of this article is to compare different time-series methods for the short-run forecasting of Business and Consumer Survey Indicators. We consider all available data taken from the Business and Consumer Survey Indicators for the Euro area between 1985 and 2002. The main results of the forecast competition are offered not only for raw d...
Abstract It is thought that policies aimed at encouraging the accumulation of human capital in less productive regions can constitute a key factor in development. However, the effectiveness of this policy depends in large part on each region's capacity to give returns to human capital. The aim of this article is to demonstrate the existence of subs...
This article pays special attention to the spatial dimension of public capital in regional economic growth. We assume that the effect of infrastructure on productivity depends on the type of public infrastructure in question: that is, local infrastructures enhance economic activity in the area where they are located, whereas transport and communica...
The main aim of this study is to assess the feasibility of empirical tools to study the impact of structural reforms on the macroeconomic performance in the member countries of the European Union (EU). This report presents the results of the project "Study on the feasibility of a tool to measure the macroeconomic impact of structural reforms" (ECFI...
There are several determinants that influence household location decisions. More concretely, recent economic literature assigns an increasingly important role to the variables governing quality of life. Nevertheless, the spatial stationarity of the parameters is implicitly assumed in most studies. Here we analyse the role of quality of life in urba...
"This book begins with a theoretical examination of regional innovation systems, agglomeration economics and knowledge spillovers, before going on to examine the same concepts within an empirical framework. Special emphasis is given to the importance of proximity in the formation of regional innovation systems. It concludes by considering innovatio...
Empirical evidence is compelling that large firms are more productive than small firms. The hypothesis in this paper is that the productivity differences between small and large firms are associated with two of the main determinants of a firm’s performance: the human and technological capital that firms incorporate. We suggest that the contribution...
This paper analyses the impact that some managerial competitive strategies followed by a firm may have on its survival. We have not only considered the classic strategies related to the passive learning process defined by Jovanovic (e.g., R&D or advertisement expenses), but we have also taken into account the active learning process ideas given by...
A lo largo de la historia econ�mica moderna, los salarios reales han sido un buen indicador del nivel de vida material de la clase trabajadora. Este documento presenta series de salarios reales para diferentes sectores y �pocas en Colombia. Apoy�ndonos en datos compilados por varios autores, nuestra principal conclusi�n es que a lo largo de los �lt...
This paper provides novel empirical evidence of the indirect effect of educational attainment on regional economic growth, through its influence on the profitability of investment in physical capital. We test the hypothesis that the regional heterogeneity of the return to physical capital can be directly related to the existing heterogeneity in the...
The condensation of a set of diversely substituted (S)-2-amino-2-ferrocenyl ethanol derivatives 1a–e with the salicylaldehydes 5A–C resulted in the generation of a small library of new chiral Schiff base-ligands, whose titanium isopropoxide complexes have been tested as catalysts in the asymmetric addition of trimethylsilyl cyanide to aldehydes. Th...
This paper contributes to the analysis of the process of spatial agglomeration of innovative activities by investigating directly its determinants. Our main purpose is to identify the extent to which the degree of specialization or diversity in a region may affect the innovative activities in a particular local industry. Other local factors are als...
Despite the important role of the service sector in the economic activity, the majority of the studies, both at international and at the Spanish level, have focused their attention in determining the degree of concentration of the manufacture sector. The main purpose in this article is to analyze the concentration and the location pattern both of t...
Introduction Within the European Union interest in the effects of public capital investments on economic development has grown as a result of the increase in funds assigned to finance infrastructure projects in less developed regions in an ongoing attempt to promote the growth and, hence, the convergence and cohesion of the territories of the EU. I...
This study examines the relationship between the ownership and control structures of a company and its innovative activity.
It seeks to analyse the effect of the internal features of a company’s ownership structure on decisions to initiate research
and development activities and on the actual output of this innovative process. Specifically, we exam...
In this paper we attempt to provide empirical evidence on the phenomenon of cluster agglomeration of innovation activities throughout time and space in European regions. More specifically we try to assess whether there are some forces which support the development of technologically specialised regional clusters. In particular we want to determine...
In this paper the monitoring of the Lisbon Strategy is analysed. In order to do that, in a first stage a summary of the Lisbon Strategy is made, with an analysis of its objectives, list of structural indicators and an overall evaluation. A brief summary is made on the relaunch of the Agenda and on its consequences on the reform of the Cohesion Poli...
<?tlsb=-.02w>This paper explores the spatial distribution of innovative activity and the role of technological <?tws><?tlss><?tlsb>spillovers in the process of knowledge creation and diffusion across 175 regions of seventeen countries in Europe (the fifteen members of the pre-2004 European Union plus Switzerland and Norway). The analysis is based o...
Productivity has been considered a key element for firms and economies to be more competitive. Several studies on productivity at a microeconomic level have found notable heterogeneity between firms. More concretely, differences in Total Factor Productivity (TFP) between large and small firms have been observed. Those differences might be caused by...
This paper, based on the ideas of Jovanovic’s theory (1982), analyses the impact of the main strategies determining the competitive behaviour of firms on their survival rate. We consider those strategies related both to product and price differentiation. Among the former ones, one may think of the specific differentiation due to advertisement and p...
This paper investigates on the presence of innovation clusters in European regions. The analysis is based on an original statistical databank set up by CRENoS on regional patenting at the European Patent Office spanning from 1978 to 2001 and classified by ISIC sectors (2 digit).. We consider 175 regions of 17 countries in Europe, the 15 members of...
Theoretical contributions to the literature have stressed the role of human capital in promoting economic growth. However, the empirical exercises have provided mixed evidence on the real effect of such type of capital. Most of the evidence has been obtained by estimating growth equations or production functions using samples of (heterogeneous) cou...
Después de varios años de funcionamiento de diversas líneas de trenes de alta velocidad (TAV) en Europa, resulta evidente que la introducción de este nuevo medio de transporte ha comportado nuevas dinámicas de relación territorial y ha tenido diversos efectos sobre las dinámicas socioeconómicas de las ciudades servidas. En este trabajo se analizan...
This paper investigates on the presence of innovation and production clusters in Europe. The analysis is based on an original statistical databank set up by CRENoS on regional patenting at the European Patent Office spanning from 1978 to 1997 and classified by ISIC sectors (3 digit) and on the Cambridge Econometrics database on production activity....
To analyze the value of early resting myocardial perfusion gated-SPECT in patients with chest pain and non-diagnostic ECG in the emergency department.
222 patients (49% women, mean age 61 [13] years) with atypical chest pain and with non-diagnostic ECG were randomized into two groups. Group A comprised 111 patients in whom early resting myocardial...
Objetivo: Realizar un análisis de costes con la utilización del gated SPET precoz de reposo en los pacientes con dolor torácico y ECG no diagnóstico en Urgencias. Métodos: Se estudiaron 222 pacientes (51 mujeres, m: 60 ± 12 años) con dolor torácico y ECG no diagnóstico divididos de forma aleatoria en dos grupos: grupo 111 pacientes a los que, ademá...
Objective: To conduct a cost analysis involving the use of early resting gated SPET in patients with chest pain and non-diagnostic ECG in the Emergency room. Methods: A total of 222 patients (51 females, mean age: 60 ± 12 years) with chest pain and non-diagnostic ECG were randomized into two groups: group A: 111 patients who in addition to conventi...
This study assesses the effectiveness of private and public capital investments in the performance of manufactures within the framework of the duality theory. The response of costs of production and input utilization to changes in the stocks of private and public capital is measured by the appropriate elasticities obtained from a cost function. Ins...
This paper explores the spatial distribution of innovative activity across 138 regions of 17 countries in Europe (the 15 members of the European Union plus Switzerland and Norway). The analysis is based on an original statistical databank set up by CRENoS on regional patenting at the European Patent Office spanning from 1978 to 1997 and classified...
In spatial econometrics, the typical alternative of spatial autocorrelation is expressed in the form of a spatial autorregressive process. While the bulk of the literature is devoted to specification tests and estimation methods for this model, alternatives have been suggested as well. In this paper, we consider an alternative that takes the form o...
Spatial distribution of innovation in the European
This paper tests whether Spanish industry adjusted the amount of inputs and output to those considered optimal given their prices in each time period. With this aim, we use the short- and long-run equilibrium models given by duality theory, and we apply the optimality tests derived from them for the case of Spanish manufactures from 1980 to 1993. T...
We present a theoretical framework for determining the short- and long-run effects of infrastructure. While the short-run effects have been the focus of most previous studies, here we derive long-run elasticities by taking into account the adjustment of quasi-fixed inputs to their optimum levels. By considering the impact of infrastructure on priva...
El objetivo del presente artículo es contribuir a la difusión de las técnicas
de econometría espacial en nuestro país, ofreciendo una somera visión de los aspectos
teóricos y aplicados de la misma. En concreto, se introducen los dos tipos de
análisis de datos espaciales existentes: el análisis exploratorio, ideado para el estudio
univariante, y el...
We present a theoretical framework for determining the short- and long-run effects of infrastructure. While the short-run effects have been the focus of most previous studies, here we derive long-run elasticities by taking into account the adjustment of quasi-fixed inputs to their optimum levels. By considering the impact of infrastructure on priva...
Recent theoretical models of economic growth have emphasised the role of external effects on the accumulation of factors of production. Although most of the literature has considered the externalities across firms within a region, in this paper we go a step further and consider the possibility that these externalities cross the barriers of regional...
This article incorporates a political decision process into an urban land use model to predict the likely location of a public good. It fills an important gap in the literature by modeling the endogenous location of open space. The article compares open space decisions made under a majority rules voting scheme with welfare-improving criterion and f...
Public capital effects have been widely analysed from final eighties. One of the microeconomics methodology used in the case of transport infrastructure is the Cost-Benefit Analysis. The present paper applies this technique to the construction of the Tunnel of Cadi. The investment for this infrastructure seems to have a clear social justification s...
Despite the general idea among economists that public capital is a necessary but not sufficient condition for regional economic development, there is not consensus on the quantification of its effect. It is our belief that the variety of results on infrastructure impact in the economic literature is due to the fact that it depends on a series of fa...