Una estimación del coste marginal en bienestar del sistema impositivo en España

Actual tax systems do not follow the normative recommendations of yhe theory of optimal taxation. There are two reasons for this. Firstly, the informational difficulties of knowing or estimating all relevant elasticities and parameters. Secondly, the political complexities that would arise if a new tax implementation would depart too much from current systems that are perceived as somewhat egalitarians. Hence an ex-novo overhaul of the tax system might just be non-viable. In contrast, a small marginal tax reform could be politically more palatable to accept and economically more simple to implement. The goal of this paper is to evaluate, as a step previous to any tax reform, the marginal welfare cost of the current tax system in Spain. We do this by using a computational general equilibrium model calibrated to a point-in-time micro database. The simulations results show that the Spanish tax system gives rise to a considerable marginal excess burden. Its order of magnitude is of about 0.50 money units for each additional money unit collected through taxes.

Auctions for government securities: a laboratory comparison of uniform, discriminatory and spanish designs

The Bank of Spain uses a unique auction format to sell government bonds, which can be seen as a hybrid of a uniform and a discriminatory auction. For winning bids above the average winning bid, buyers are charged the average winning bid, otherwise they pay their respective bids. We report on an experiment that compares this auction format to the discriminatory format, used in most other countries, and to the uniform format. Our design is based on a common value model with multi-unit supply and two-unit demand. The results show significantly higher revenue with the Spanish and the uniform formats than with the discriminatory one, while volatility of prices over time is significantly lower in the discriminatory format than in the Spanish and uniform cases. Actual price dispersion is significantly larger in the discriminatory than in the Spanish. Our data also exhibit the use of bid-spreading strategies in all three designs.

The effect of structural fund spending on the spanish regions: an assessment of the 1994-99 objective 1 CSF

This paper analyzes the growth and employment effects of the 1994-99 Community Support Framework (CSF) for the Objective 1 Spanish regions using a simple supply-side model estimated with a panel of regional data. The results suggest that the impact of the Structural Funds in Spain has been quite sizable, adding around a percentage point to annual output growth in the average Objective 1 region and 0.4 points to employment growth. Over the period 1994-2000, the Framework has resulted in the creation of over 300,000 new jobs and has eliminated 20% of the initial gap in income per capita between the assisted regions and the rest of the country.

How universal is behavior? A four country comparison of spite, cooperation and errors in voluntary contribution mechanisms

This paper studies behavior in experiments with a linear voluntary contributions mechanism for public goods conducted in Japan, the Netherlands, Spain and the USA. The same experimental design was used in the four countries. Our 'contribution function' design allows us to obtain a view of subjects' behavior from two complementary points of view. If yields information about situations where, in purely pecuniary terms, it is a dominant strategy to contribute all the endowment and about situations where it is a dominant strategy to contribute nothing. Our results show, first, that differences in behavior across countries are minor. We find that when people play "the same game" they behave similarly. Second, for all four countries our data are inconsistent with the explanation that subjects contribute only out of confusion. A common cooperative motivation is needed to explain the date.

Estructura metropolitana y funciones de densidad residencial. El caso de la región metropolitana de Barcelona

La relación que se establece entre el nivel de densidad residencial y la accesibilidad al lugar de empleo en el interior de una área urbana parece ser más compleja que la supuesta en el Modelo de Ciudad Monocéntrica. Las estimaciones de funciones de densidad residencial más simples, sustentadas en un modelo teórico que suponía una concentración total del empleo en el distrito central y que utilizaban como única medida de accesibilidad la distancia al centro, han dado paso a estimaciones más sofisticadas donde la distancia al centro no es la única medida de accesibilidad utilizada, la función de densidad es más flexible y la densidad no sólo se explica en función de la accesibilidad.

Recent trends in Spanish income distribution: a robust picture of falling income inequality

Income distribution in Spain has experienced a substantial improvement towards equalisation during the second half of the seventies and the eighties; a period during which most OECD countries experienced the opposite trend. In spite of the many recent papers on the Spanish income distribution, the period covered by those stops in 1990. The aim of this paper is to extent the analysis to 1996 employing the same methodology and the same data set (ECPF). Our results not only corroborate the (decreasing inequality) trend found by others during the second half of the eighties, but also suggest that this trend extends over the first half of the nineties. We also show that our main conclusions are robust to changes in the equivalence scale, to changes in the definition of income and to potential data contamination. Finally, we analyse some of the causes which may be driving the overall picture of income inequality using two decomposition techniques. From this analyses three variables emerge as the major responsible factors for the observed improvement in the income distribution: education, household composition and socioeconomic situation of the household head.

Impacto redistributivo desagregado del IVA actual en España: posibles vías de reforma

The VAT is the most revenue tax in the Spanish economy in the year 2000. The aim of this research is to develop an analysis dissintegrated of the distributional effect of the current VAT in Spain, that is to say, this paper assesses the capacity of redistribution of the tax treatment of each expenditure category. It proposes different approaches for the analysis of the redistributive impact differential of each expenditure concept, and it desires to advocate the method of total decomposition of isolated contribution to the global distributional effect of the VAT. In this sense, this study shows the possibilities to identify the guidelines for possible fiscal adjustments of the Value Added Tax to contribute positively to the objectives of social justice, and its respective consequences on the population's welfare.

Suburbanizacion, distribución espacial de la renta y segregación residencial en la región metropolitana de Barcelona

La región metropolitana de Barcelona ha experimentado durante los últimos veinte años un intenso proceso de suburbanización e integración metropolitana. La combinación de ambos procesos ha dejado una profunda huella en el territorio conformando una conurbación policéntrica a la vez que dispersa. Esta nueva realidad plantea algunas preguntas interesantes: (a) ¿cuáles son las características de los municipios que atraen población, (b) ¿cómo se ha redistribuido espacialmente la renta debido al proceso de suburbanización? y (c) ¿se ha intensificado el carácter especializado segregado- de los municipios de la RMB?.

Distribución de la actividad económica y estructura urbana: el caso de la región metropolitana de Barcelona

La RMB es una ciudad de tipo policéntrico en la que resaltan unas ciudades de tamaño medio con elevada presencia de actividad económica y que, en muchos casos, destacan por sus dinámicas de crecimiento endógeno. El objetivo de esta investigación era hallar evidencia empírica en la RMB acerca de los determinantes de la localización de la actividad económica. Un objetivo que, a la par, requería la inclusión del estudio de la estructura urbana de la región para poder evaluar el efecto que en ella ejercen los determinantes de la localización. Si bien los resultados obtenidos con la Exponencial son buenos, la inclusión de formas funcionales de tipo polinómico para capturar los grumos de densidad han demostrado su eficiencia. Aunque la Cubic-Spline obtiene buenos resultados, tiene el inconveniente de no poder interpretar sus coeficientes. No obstante, nuestra propuesta, la Spline-Lineal, nos permite detectar la presencia de los subcentros que constituyen la región en base a la existencia de gradientes de densidad positivos.

Urban spatial structure and suburbanisation. The case of the Barcelona Metropolitan

The metropolitan spatial structure displays various patterns, sometimes monocentricity and sometimes multicentricity, which seems much more complicated than the exponential density function used in classic works such as Clark (1961), Muth (1969) or Mills (1973) among others, can effectively represent. It seems that a more flexible density function,such as cubic spline function (Anderson (1982), Zheng (1991), etc.) to describe the density-accessibility relationship is needed. Also, accessibility, the fundamental determinant of density variations, is only partly captured by the inclusion of distance to the city centre as an explanatory variable. Steen (1986) has proposed to correct that miss-especification by including an additional gradient for distance to the nearest transportation axis. In identifying the determinants of urban spatial structure in the context of inter-urban systems, some of the variables proposed by Muth (1969), Mills (1973) and Alperovich (1983) such as city age or population, make no sense in the case of a single urban system. All three criticism to the exponential density function and its determinants apply for the Barcelona Metropolitan Region, a polycentric conurbation structured on well defined transportation axes.

The demand elasticity on tolled motorways

This paper analyses the elasticities of demand in tolled motorways in Spain with respect to the main variables influencing it. The demand equation is estimated using a panel data set where the cross-section observations correspond to the different Spanish tolled motorways sections, and the temporal dimension ranges from the beginning of the eighties until the end of the nineties. The results show a high elasticity with respect to the economic activity level. The average elasticity with respect to petrol price falls around -0.3, while toll elasticities clearly vary across motorway sections. These motorway sections are classified into four groups according to the estimated toll elasticity with values that range from -0.21 for the most inelastic to -0.83 for the most elastic. The main factors that explain such differences are the quality of the alternative road and the length of the section. The long-term effect is about 50 per cent higher than the short term one; however, the period of adjustment is relatively short.

Cubic spline population density functions and subcentre delimitation. The case of Barcelona

The presence of subcentres cannot be captured by an exponential function. Cubic spline functions seem more appropriate to depict the polycentricity pattern of modern urban systems. Using data from Barcelona Metropolitan Region, two possible population subcentre delimitation procedures are discussed. One, taking an estimated derivative equal to zero, the other, a density gradient equal to zero. It is argued that, in using a cubic spline function, a delimitation strategy based on derivatives is more appropriate than one based on gradients because the estimated density can be negative in sections with very low densities and few observations, leading to sudden changes in estimated gradients. It is also argued that using as a criteria for subcentre delimitation a second derivative with value zero allow us to capture a more restricted subcentre area than using as a criteria a first derivative zero. This methodology can also be used for intermediate ring delimitation.

Long-run Inflation-Unemployment Dynamics: The Spanish Phillips Curve and Economic Policy

This paper takes a new look at the long-run dynamics of inflation and unemployment in response to permanent changes in the growth rate of the money supply. We examine the Phillips curve from the perspective of what we call "frictional growth", i.e. the interaction between money growth and nominal frictions. After presenting theoretical models of this phenomenon, we construct an empirical model of the Spanish economy and, in this context, we evaluate the long-run inflation-unemployment trade for Spain and examine how recent policy changes have afected it.

Barcelona, metropolis policentrica en red

La organización de la producción en el espacio se asocia con el crecimiento y el desarrollo económico. En esta investigación se propone el estudio de las relaciones entre Barcelona y los municipios de su sistema urbano desde tres niveles del análisis: el área metropolitana, la región metropolitana policéntrica, y la red de ciudades. El estudio del área metropolitana permite comprobar el cambio de extensión de la metrópolis de Barcelona, la dirección de la expansión y la creciente integración con otras áreas urbanas de Cataluña. El análisis interno del área metropolitana nos permite comprobar que a pesar del gran peso específico del municipio de Barcelona, el sistema urbano es policéntrico. El incremento en extensión de la metrópolis se debe a la expansión conjunta de la interacción con Barcelona y con un conjunto de ciudades de antigua tradición industrial. Las áreas de influencia de todos estos subcentros se entrelazan al expandirse, formado una región metropolitana policéntrica. Finalmente, la aplicación al análisis de las teorías de redes de ciudades permite identificar un sistema urbano en el que coexisten relaciones jerárquicas con no jerárquicas, y en el que se generan relaciones de complementariedad y sinergia. El análisis de las redes de ciudades en clave de economía del conocimiento permite deducir la dependencia en la transmisión de información y conocimiento tanto de las redes verticales como de las horizontales. Posteriores estudios deben encaminarse a cuantificar los efectos de la estructura urbana sobre la productividad y la utilidad.

Es Barcelona una ciudad policéntrica ?

La Región Metropolitana de Barcelona (RMB) ha sido caracterizada como un sistema urbano policéntrico. Sin embargo, no existe un criterio comúnmente aceptado que haya permitido identificar con claridad los subcentros de la región. La investigación que aquí se presenta persigue un doble objetivo: en primer lugar identificar los subcentros de empleo de la RMB mediante un método objetivo y, en segundo lugar, valorar su grado de policentrismo. Para identificar los subcentros se procede siguiendo dos pasos: primero se identifican los municipios candidatos a subcentro utilizando criterios basados en la densidad de empleo y en el índice Empleos/Población, para a continuación estimar una función de densidad de población utilizando como variables explicativas, además de la distancia al CBD, la distancia a cada uno de los candidatos a subcentro. Los municipios identificados mediante este doble filtro sólo capturan un porcentaje relativamente reducido del total de puestos de trabajo debido a que elnúcleo ampliado (Barcelona más continuo urbano) concentra un porcentaje de empleos muy significativo, y a que el ratio Empleos/Población presenta unos valores muy homogéneos en todos los municipios con independencia de su tamaño.