Hispania and the Atlantic Route in Roman Times: new Approaches to Ports and Trade

This paper explores the role of Hispania in the Atlantic route in Roman times. We analyse the different Atlantic Iberian territories along this route, based on recent archaeological advances and discoveries related to trade as well as the shipping infrastructure. The aim is to explain the origin and evolution of a new maritime area that was completely integrated with the political and commercial structure of the Empire, with trade routes that followed the coastal areas of the Iberian Peninsula all the way to the Mediterranean.     

OPTIMAL REGIONAL GROWTH MODELS: MULTIPLE OBJECTIVES, SINGULAR CONTROLS, AND SUFFICIENCY CONDITIONS

ABSTRACT We develop a generalized Harrod-Domar type of model for optimal regional growth which allows determination of the optimal allocation of regional public investments and which considers multiple growth objectives, as well as both normal and singular fiscal instruments. This general model is shown to include most of the previous optimal regional growth models as special cases. Necessary conditions for some special cases of the general model are analyzed in detail, and decision rules associated with derived optimal regional growth policies are articulated. These special cases verify that singular controls do exist in certain instances, and that they must be considered for the complete specification of optimal regional growth policies; this is significant because singular controls have not been previously analyzed in the literature. We conclude the paper with a discussion of sufficiency conditions for optimal regional growth models which is more general than that given by previous authors.     

The ripple effects of large-scale transport infrastructure investment

We analyze the general equilibrium effects of an asymmetric decrease in transport costs, combining a large-scale spatial dynamic general equilibrium model for 267 European NUTS-2 regions with a detailed transport model at the level of individual road segments. As a case study, we consider the impact of the road infrastructure investments in Central and Eastern Europe of the European Cohesion Policy. Our analysis suggests that the decrease in transportation costs benefits the targeted regions via substantial increases in gross domestic product (GDP) and welfare compared to the baseline, and a small increase in population. The geographic information embedded in the transport model leads to relatively large predicted benefits in peripheral countries such as Greece and Finland, which hardly receive funds, but whose trade links cross Central and Eastern Europe, generating profit from the investments there. The richer, Western European nontargeted regions also enjoy a higher GDP after the investment in the East, but these effects are smaller. Thus, the policy reduces interregional disparities. There are rippled patterns in the predicted policy spillovers. In nontargeted countries, regions trading more intensely with regions where the investment is taking place on average benefit more compared to other regions within the same country, but also compared to neighboring regions across an international border. We uncover that regions importing goods from Central and Eastern Europe enjoy the largest spillovers. These regions become more competitive and expand exports, to the detriment of other regions in the same country.     

Evidence on economies of scale in local public service provision: A meta-analysis

The standard theory of optimal jurisdictional size hinges on the existence of economies of scale in the provision of local public goods and services. However, despite its relevance for forced local amalgamation programs and related policies, the empirical evidence on the existence of such economies of scale remains elusive. The main goal of this paper is to produce an updated and comprehensive quantitative review of the existence of economies of scale in the provision of local public goods using a meta-analysis approach to systematize the wide range of empirical approaches and modeling frameworks found in the previous literature. Our analysis confirms the presence of moderately increasing to constant returns to scale in the provision of local services with no reduction in the average costs of production in the delivery of most local public services beyond a certain, modest jurisdictional size, which many studies have estimated at 10,000 residents. Also, the potential for economies of scale differs at least across three traditional services: education, water and sanitation, and garbage collection, being highest for education and lowest for garbage collection. Our analysis also offers guidelines for future empirical research in this area. Physical output and production cost data should be used, together with translog specifications for the modeling of cost functions. Last, we find evidence that the determinants of output cost elasticity include bidirectional publication bias and population density but do not include the presence or absence of modern “lean” production technologies or the (perceived) capital intensity of the sector, contrary to conventional wisdom. These findings have significant policy implications for countries considering jurisdictional consolidation programs.     

SOCIAL CHANGE AND METALWORKING IN THE EARLY IRON AGE: AN APPROACH FROM NORTH-WEST IBERIA

This paper analyses social transformations in the Early Iron Age based on a holistic and longue durée approach applied to the first fortified habitats in the Iberian north-west. Through a comprehensive review of two paradigmatic settlements of the EIA in the province of A Coruña (Galicia, north-west Iberia), Punta de Muros and A Graña, a comparison is drawn between the social and territorial dynamics of this period by means of an in-depth analysis of the main characteristics of both settlements. Accordingly, a greater level of social complexity during the phases of occupation of the settlement of Punta de Muros has been identified, in contrast to the resistance to change observed in A Graña. Based on these conclusions, the role of metalworking and its symbolic value in fostering and legitimizing these social and territorial transformations and in the development of Iron Age communities are analysed.     

Application of European regional development fund for objective 2 in Catalonia: planning,monitoring and evaluation

This paper describes the administration procedures of the European Regional Development Fund (ERDF) for Objective 2 in Catalonia. The paper shows also that the flow of an average of 100 million ECU per year from this Fund from 1989–1993, despite having a relatively slight impact on the Catalan GDP, has contributed to solving some of the bottlenecks in the Catalan economy.