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España | ¿Qué dicen 240.000 nuevas operaciones de crédito sobre el impacto de fondos NGEU?

Spain | What can 240,000 new credit transactions tell us about the impact of NGEU funds?

Alvaro Ortiz, Tomasa Rodrigo, David Sarasa Flores, Pedro Torinos and Sirenia Vázquez

No 25/03, Working Papers from BBVA Bank, Economic Research Department

Abstract: Utilizando un modelo de proyecciones locales de datos de panel y controlando las características de las empresas, los atributos de las licitaciones y las condiciones macroeconómicas, el estudio estima los efectos dinámicos de las adjudicaciones de contratos Using a panel data local projections model and controlling for firm characteristics, procurement bid attributes, and macroeconomic conditions, the study estimates the dynamic effects of procurement awards on new lending, a more precise measure than the change in the stock of credit.

Keywords: Local projections; Proyecciones locales; NGEU; NGEU; Public procurement; Contratación pública; Fiscal policy; Política fiscal; Credit; Crédito; Spain; España; Macroeconomic Analysis; Análisis Macroeconómico; Big Data techniques used; Con técnicas Big Data; Working Paper; Documento de Trabajo (search for similar items in EconPapers)
JEL-codes: D22 E22 E62 G21 G28 H57 (search for similar items in EconPapers)
Pages: 45 pages
Date: 2025-03
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Persistent link: https://EconPapers.repec.org/RePEc:bbv:wpaper:2503

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