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García Solanes, José

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García Solanes, José
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Universidad de Murcia. Departamento de Fundamentos del Análisis Económico
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    Income convergence clubs in the Eurozone: a tale beyond the core/periphery divide
    (Emerald, 2025) García Solanes, José; Arielle Beyaert; López Gómez, Laura; Métodos Cuantitativos para la Economía y la Empresa; Fundamentos del Análisis Económico; Facultades de la UMU
    Purpose This paper aims to examine income convergence among the Euro members from 1995 to 2021. Design/methodology/approach This study uses Phillips and Sul’s test (2007, 2009) extended by Lyncker and Thoennessen’s (2017) algorithm jointly with and convergence analysis and a traditional growth equation. Findings This analysis identifies three clubs of countries in terms of gross domestic product (GDP) per capita with notable disparities between and within them, which implies that the theory of optimal currency areas has not been fulfilled. Originality/value These results rule out the core/periphery divide as presented in the literature to date. Finally, by estimating an endogenous economic growth model, this study finds the primary factors underpinning the differences between the three stationary states: labor productivity, physical and human capital, investment and international trade.
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    Did the Euro Really Increase Corruption in the Eurozone? A Counterfactual Analysis.
    (Instituto de Estudios fiscales, 2023) Arielle Beyaert; García Solanes, José; López Gómez, Laura; Fundamentos del Análisis Económico; Economía Aplicada; Métodos Cuantitativos para la Economía y la Empresa
    In this paper we apply the Synthetic Control Method developed by Abadie, Diamond and Hainmüeller (2010) to assess the extent to which the adoption of the euro has affected corruption in three groups of Eurozone countries: the core, southern and eastern countries. To do so, we construct counterfactuals for each group and for individual countries and compare them with the actual evolution of the corruption-control indicator. Except in the case of the Netherlands, where significant negative effects are detected, we find evidence that the adoption of the euro has either contributed to reducing corruption or has not affected it significantly.
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    Corruption, quality of institutions and growth
    (Emerald, 2023) Arielle Beyaert; García Solanes, José; López Gómez, Laura; Métodos Cuantitativos para la Economía y la Empresa; Fundamentos del Análisis Económico
    Purpose This paper aims to apply regression-tree analysis to capture the nonlinear effects of corruption on economic growth. Using data of 103 countries for the period 1996–2017, the authors endogenously detect two distinct areas in corruption quality in which the members share the same model of economic growth. Design/methodology/approach The authors apply regression tree analysis to capture the nonlinearity of the influences. This methodology allows us to split endogenously the whole sample of countries and characterize the different ways through which corruption impacts economic growth in each group of countries. Findings The traditional determinants of economic growth have different impacts on countries depending on their level of corruption, which, in turn, confirms the parameter heterogeneity of the Solow model found in other strands of the literature. Originality/value The authors apply a new approach to a worldwide sample obtaining novel results.
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