Capital taxation is currently under debate, basically due to problems of administrative control and proper assessment of the levied assets. We analyze both problems focusing on a capital tax, the annual wealth tax (WT), which is only applied in five OECD countries, being Spain one of them. We concentrate our...

This paper analyses the main determinants of a central government’s decision to use grants to bail out regional governments (i.e., the determinants of additional grants assigned by a central government to regions due to an increase in their issue of debt). The estimated grant equation is derived from a model...

Knowledge intensive services (KIS) have a key role in the creation and commercialisation of new products, processes and services. They are fundamental as holders and creators of innovation, both technological and organisational. Nevertheless, little is known about the factors that explain why some firms use more than other these services...

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...

The objective of the research is to know the factors that in Spain determine the choice of banking organization. The obtained results indicate that the dimension of the network of branches is the reason more valued. In spite of the increasing symmetry of the Spanish banking market, the preferences of...

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...