Macroeconomic effects resulting from the incentives of the Economic and Tax Regime in the Canary Islands between 1994 and 2013
Simón Sosvilla Rivero (),
Eduardo Martínez Budría () and
Manuel Navarro Ibáñez ()
Additional contact information
Simón Sosvilla Rivero: FEDEA y Universidad Complutense de Madrid
Eduardo Martínez Budría: Universidad de La Laguna
Manuel Navarro Ibáñez: Universidad de La Laguna
Authors registered in the RePEc Author Service: Simon Sosvilla-Rivero () and
Manuel Navarro-Ibáñez ()
INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, 2006, issue 9, 73-95
The economy of the Canary Islands has experienced significant macroeconomic adjustment and real convergence with the European Union, being the tax and economic specificities established in its special Economic and Fiscal Regime (REF) one of the main driving forces. In this paper, we have quantitatively estimated effects of such specificities have had on variables such as the GVA, income per capita, employment rate and inflation rate of the Canary economy. To that end, we have adapted the macroeconometric model Hermin-Spain to the Canarian economy, allowing us the comparison of its evolution with and without the incentives of the REF.
Keywords: Regional econometric models; tax incentives; regional growth (search for similar items in EconPapers)
JEL-codes: C52 H22 R58 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
http://www.aecr.org/images/ImatgesArticles/2007/04%20Sosvilla.pdf Full text (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ris:invreg:0145
Access Statistics for this article
INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH is currently edited by Vicente Royuela Mora
More articles in INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH from Asociación Española de Ciencia Regional C/ Viladomat, 321 entresuelo - 08029 Barcelona, Teléfono y Fax: + 34 933101112, E-mail: firstname.lastname@example.org, Web: www.aecr.org, Web Investigaciones Regionales: www.investigacionesregionales.org. Contact information at EDIRC.
Bibliographic data for series maintained by IIRR-JORR ().