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  • 2007/03: Evaluating the impact of public subsidies on a firm’s performance: A quasi-experimental approach

    Néstor Duch, Daniel Montolio, Mauro Mediavilla

    Many regional governments in developed countries design programs to improve the competitiveness of local firms. In this paper, we evaluate the effectiveness of public programs whose aim is to enhance the performance of firms located in Catalonia (Spain). We compare the performance of publicly subsidised companies (treated) with that of...

    2006/05: Industrial location at the intra-metropolitan level: The role of agglomeration economies (Version: November 2007)

    Josep M. Arauzo-Carod, Elisabet Viladecans

    The objective of this paper is to analyse the influence of agglomeration economies on location decisions taken by new firms inside metropolitan areas. As we assume that these economies differ according to firms’ level of technology, our sample comprises new firms from high, intermediate and low technology industries. We are...

    2006/03: Productive efficiency and regulatory reform: The case of vehicle inspection services

    Francesc Trillas, Daniel Montolio, Néstor Duch

    Measuring productive efficiency provides information on the likely effects of regulatory reform. We present a Data Envelopment Analysis (DEA) of a sample of 38 vehicle inspection units under a concession regime, between the years 2000 and 2004. The differences in efficiency scores show the potential technical efficiency benefit of introducing...

    2006/02: Regional foreign direct investment in manufacturing. Do agglomeration economies matter?

    Àngels Pelegrín, Catalina Bolancé

    This paper examines the role played by agglomeration economies as location determinants of regional foreign direct investment in manufacturing. The analysis reveals that foreign direct investment location is dependent on specific industry traits, and that agglomeration economies appear as the strongest pull factors. The model, estimated with panel data, finds...

    2005/06: Vertical linkages, agglomeration and the organization of production in European regions

    Néstor Duch

    In this paper we test for the presence of localisation economies due to input- output linkages between vertically related firms located in the same region. To undertake this we estimate, by duality, a quadratic cost function using a sector by sector panel at the European regional level in the period...

    2004/08: Rentabilidad social de la inversión pública española en infraestructuras

    Jaime Alonso, María Jesús Freire-Serén, Baltasar Manzano

    This paper quantifies the welfare effects of the Spanish public investment in infrastructures. For that purpose, we use data on Spanish economy to calibrate a dynamic general equilibrium model with a representative agent, where public investment is financed by means of distortionary taxes. As is usual, the stock of public...