A comparison between Spain and Italy based on granular economy theory
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Title
A comparison between Spain and Italy based on granular economy theoryAuthor (s)
Tutor/Supervisor; University.Department
Alfarano, Simone; Universitat Jaume I. Departament d'EconomiaDate
2017Publisher
Universitat Jaume IAbstract
The main objective of this paper is to explore whether there exist statistic evidence to conclude that
Spain and Italy are granular economies by comparing the results obtained between both countries.
For In order ... [+]
The main objective of this paper is to explore whether there exist statistic evidence to conclude that
Spain and Italy are granular economies by comparing the results obtained between both countries.
For In order to conduct the study, we have followed the Gabaix paper from 2011. For this purpose,
we have used a database with 30.000 companies for each country.
One of the greatest indicators to know whether these countries present granular economies is the
verification of an existing heterogeneity among the most powerful companies. In the present paper
this is achieved in terms of sales and the rest of the companies. The second step has been to
perform a simple regression analysis where we have the fictitious Gross Domestic Product (GDP) as
the dependent variable and the sum of volume of sales of the 30.000 companies as the independent
variable.
The results obtained may conclude that there are enough statistic evidences to confirm that Spain is
a granular economy but not for Italy. [-]
Description
Treball Final de Grau en Economia. Codi: EC1049. Curs acadèmic: 2016/2017.
Type
info:eu-repo/semantics/bachelorThesisRights
Licencia CC-BY-SA
info:eu-repo/semantics/openAccess
info:eu-repo/semantics/openAccess
This item appears in the folowing collection(s)
- Grau en Economia [292]
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