The debate over the impact of education on economic growth has recently
led to disagreement when, at the empirical level, the effect of average human
capital on economic growth has been found to be weak. With this paper we revisit
these results by arguing how different educational attainment levels (rather than the
average human capital stock) impact heterogenously different regions’ economic
performance. We build and test a catch-up model where technology adoption takes
place as a function of each region’s human capital composition. We show for 50
NUTS3 Spanish provinces in between 1965 and 1997, how convergence to the
frontier is driven by higher education and, to a lesser extent, by vocational training.
Both theoretical and empirical results are alternative to the well known formalization
proposed by Vandenbussche, Aghion and Meghir (2006). Severe endogeneity
issues, as well as small sample biases, are tackled by using system GMM estimators
and the correction proposed by Windmeijer (2005).
José J. Benítez Rochel y Susana Cabrera Yeto
This paper presents an implementation of shift share analysis of
national tourism between the Spanish peninsular autonomous communities with
overnight stays in hotels data. Thus, it achieves a more complete interpretation of
the available statistical information. Among other things, it allows us to know the
position which each region has in terms of specialization and competitive advantage
and, hence, the potential markets for development can be identified.
In the increasingly urban world in which we live, replete with phenomena
of congestion and mobility problems often stem from poorly managed
clusters, or simply not run, emerge clearly the difficulties arising from the operation
of the center by suburban rings. This situation is exacerbated when the city
is also capital. Thus, in this paper we study first the existence of exploitation to,
secondly, to proceed to a specific case study: Santiago de Compostela, a city to
which they have been found and quantified the central charges.
Silvia Gorenstein y Luciana Moltoni
During last years, a central issue of theory debate and economic
policy is clearly manufacture clusters and the local capabilities which take part,promote and condition its competitiveness. This article analyzes two local experiences
in Argentina —the Agricultural Machinery District and Las Parejas Cluster—
connecting topics such as innovation, learning and other difficulties (endogenous
and exogenous), which disturb the normal cluster operations of local
industrialized agglomerations. From this perspective, innovation processes, firm
relationships and institutional network actions are analyzed. This study concludes
with some associations which identify similar local trajectories from others periphery
Joan Torrent-Sellens y Pilar Ficapal-Cusí
Using survey data on a representative sample of the productive private
Catalonian network (1,238 firms) and in line with the international empirical evidence, this research paper analyzes the new co-innovative (ICT uses, skilled
labour and new forms of work organization) productivity sources. The results have
enabled us to identify a competitive pattern marked by the decisive contribution
of physical productive capital. In addition, a segmentation of the business sample
suggests the existence of two distinct patterns in productivity sources. In technology
and knowledge intensive-firms (about one fifth of the total) the sources of
productivity level is bases on physical productive capital, new work organizations
systems and complementarities between then and the use of ICT. By the rest of
Catalan firms (80% who do not use technology and knowledge intensive) has not
found evidence to corroborate the existence of new co-innovation sources in the
explanation of their long term potential growth.
M.ª Carmen Trueba Cortés
The aim of this paper is to show a general view of the local property
tax. We want to check how is applied in many countries, which are the differences
and similarities with the spanish tax, which are his virtues and faults and which can
be the solutions of his problems. Although his general international application,
there are many particularities between countries taxes. The spanish tax is efficient
and sufficient but not equitable or simple. Politicians have been working to solve
these, but they haven’t been able to achieve totally yet.
Books and publications
Methodological and research notes
Ricard Calvo Palomares
The emphasis today has taken the phenomenon of socioeconomic
development planning, through implementation of measures to promote employment,
promotion of business and/or revitalization of local resources, requires a
reference model with goals, a structure and operational means well defined. On
this premise, in this article we reflect on the current model of local economic development-
implanted since the early eighties, and analyzes its main shortcomings hypothesized background, the need for a time of economic crisis as the current model
and its central figure-Agent-Employment and Local Development to undertake
a redefinition of its constituents to enable them to face the future with guaranteed
Manuel Alejandro Cardenete y Manuel Ordóñez
The goal of this paper is to study the structural change in the Andalusian
economy during the period 2000-2005 using social accounting matrices.
Although there are several methods, the causative matrix approach has been used
to analyze the above mentioned change. The study has been done using a matrix
with 26 productive sectors and three endogenous accounts, labor income, capital
income and private consumption. The results show that changes vary from one to
another sector and cause of these may be due to influence of own sector, of rest of
the sectors or of both.
Surveys and Debates
Jordi Suriñach y Rosina Moreno
Este artículo es el resumen del proyecto europeo IAREG (Intangible
Assets and Regional Economic Growth), en el que se analiza el papel de los activos intangibles en el crecimiento económico regional. Nos centramos en algunos de
ellos, en concreto los más relevantes, sobre los que se dispone de mejor información
estadística y sobre los que el consorcio del proyecto tenía mayor experiencia.
Los cuatro activos analizados son: capital de conocimiento, capital humano, capital
social y capital emprendedor. Además del efecto sobre el crecimiento económico
regional se han analizado sus efectos sobre la localización de las empresas. Para
cada activo, se proporciona sus principales características, los indicadores con los
cuales cuantificarlos y sus limitaciones, así como los principales resultados de la
investigación efectuada. Para mejorar en el análisis de los efectos de estos activos
intangibles en el crecimiento regional, se requiere disponer de más y mejores datos.
Se presentan algunas reflexiones sobre ello, fruto de la experiencia de la investigación
realizada. Finalmente, se ofrecen las principales implicaciones políticas y
recomendaciones sugeridas alrededor de este tema.
J. E. Boscá, J. Escribá y M. J. Murgui
In this work we go through the economic literature that has quantified
in the last years the macroeconomic effects of public infrastructures at the
regional level. The paper offers, from the point of view of the authors, a review of
the most significant contributions to the production function and cost function approaches.
In the analysis we put the emphasis on results obtained for the Spanish
economy. Likewise, the conclusions are entirely devoted to extract recommendations,
that should be taken in mind, when designing public investment policies of
infrastructure endowment in Spain.
Francisco Llamazares Redondo y Sergio A. Berumen