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Pulse vs. Optimal Stationary Fishing: The Northern Stock of Hake
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2011-11)
Pulse fishing may be a global optimal strategy in multicohort fisheries. In this article we compare the pulse fishing solutions obtained by using global numerical methods with the analytical stationary optimal solution. ...
The role of the terms of trade in the trade channel of transmission of oil price shocks
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2010-12)
This paper highlights the role of the terms of trade in the trade channel of propagation of oil price shocks both empirically and theoretically. Empirically, I show that oil price shocks have a large, persistent and ...
Endogenous fisheries management in a stochastic model: Why do fishery agencies use TAC
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2010-12)
The aim of this paper is to explain under which circumstances using TACs as instrument to manage a fishery along with fishing periods may be interesting from a regulatory point of view. In order to do this, the deterministic ...
Lessons from the northern hake long-term management plan: Could the economic assessment have accepted it?
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2011-01)
An economic expert working group (STECF/SGBRE-07-05) was convened in 2007 for evaluating the potential economic consequences of a Long-Term Management Plan for the northern hake. Analyzing all the scenarios proposed by ...
Key business factors for eco-innovation: an overview of recent firm-level empirical studies
(Instituto de Economía Aplicada a la Empresa de la Universidad del País Vasco, 2012)
[EN] The increasing interest in eco-innovation or environmental innovation as a strategy not only to address the serious global environmental problems but also as a source of competitive advantages for companies and for ...
Can the change in the composition of the US GDP explain the Great Moderation? A test via oil price shocks
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2012)
The paper investigates whether the growing GDP share of the services sector can contribute to explain the great moderation in the US. We identify and analyze three oil price shocks and use a SVAR analysis to measure their ...
An austerity-driven energy reform
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2013-12)
In July 2013, the government approved a major overhaul of the Spanish electricity sector to correct existing imbalances that have led to an exponential increase of regulated electricity costs and a huge tariff deficit. The ...
Understanding Tariff Deficit and its Challenges
(University of the Basque Country, Department of Foundations of Economic Analysis II, 2013-01)
Regulators and market participants have become increasingly concerned about the Spanish electricity tariff deficit due to its size and the difficulties to control its growth. The deficit can be traced to inefficiencies in ...
Partial Privatization of State Holding Corporations
(Departamento Fundamentos del Análisis Económico I, 2016-06)
We consider a state holding corporation with two plants that may produce complement or substitute goods and that compete with one or two private firms. We find that the government partially privatizes the two plants of the ...
Fractional Integration Analysis and its Implications on Profitability: the Case of the Mackerel Market in the Basque Country
(2010)
This paper analyses weekly prices for mackerel landed by the inshore fleet at the ports of the Basque Country in 1995-2008, using new econometric techniques never before applied to the fishing market. The idea is to learn ...