Research Group
economicdynamics&policy_researchgroup
Research areas: growth, productivity, endogenous fertility and efficiency, investment and financial frictions, health policies and welfare. We combine rigorous theory with quantitative methods to inform policy.
Team
Faculty researchers at the University of Santiago de Compostela working on economic dynamics, growth, and policy.
Fernando del Río
Researcher
University of Santiago de Compostela · fernando.delrio@usc.es
Macroeconomics · Economic growth · Productivity · Income distribution · Business cycle accounting
Francisco Xavier Lores
Researcher
University of Santiago de Compostela · franciscoxavier.lores@usc.es
Macroeconomics · Economic growth · Business cycles · Business cycle accounting · Investment frictions · Regulation and rent-seeking
Mikel Pérez-Nievas
Researcher
University of Santiago de Compostela · miguel.perez-nievas@usc.es
Microeconomics · Endogenous fertility · Social choice · Efficiency · Information economics
Antonio Sampayo
Researcher
University of Santiago de Compostela · ar.sampayo@usc.es · personal web
Technology licensing · Health economics · Dependency · Durable goods · Productivity
Network
Output
Peer-reviewed work sorted by date. Covers growth accounting, productivity, health economics, technology licensing, and endogenous fertility.
Spanish recessions 1850–2023: A business cycle accounting analysis
International Review of Economics & Finance 106, 104953
Normalizing VES production functions: extending the supply-side system approach
Economics Letters 259, 112794
TFP and global growth: Shaping cross-country income inequality, 1960–2019
Economic Analysis and Policy 88, 191–213
OECD labour share trends: Factor efficiency vs. market distortions in a neoclassical framework
Economic Analysis and Policy 87, 2554–2591
Applied Health Economics and Health Policy 23(5), 933–934
Comparison of Caregiver and General Population Preferences for Dependency-Related Health States
Applied Health Economics and Health Policy 23(1), 105–117
Licensing of a new technology by an outside and uninformed licensor
Journal of Economics 142(2), 111–162
Accounting for the role of investment frictions in recessions
Economica 90(360), 1089–1118
Accounting for Spanish economic development 1850–2019
Economic Modelling 121, 106200
Efficiency with endogenous population growth: Do children have too many rights?
Theoretical Economics 18(4), 1375–1406
Accounting for US economic growth 1954–2017
Economic Modelling 101, 105529
The impact of rent seeking on social infrastructure and productivity
Review of Development Economics 25(3), 1741–1760
Efficiency and endogenous fertility
Theoretical Economics 14(2), 475–512
The decline in capital efficiency and labour share
Economica 86(344), 635–662
Property rights, predation, and productivity
The Scandinavian Journal of Economics 121(3), 1154–1188
Regulation and rent-seeking: The role of the distribution of political and economic power
Journal of Public Economic Theory 19(5), 986–1008
On the number of licenses with signalling
The Manchester School 85(6), 635–660
Complementarity, linkages between firms, and the effect of entry costs on productivity
Review of Development Economics 21(4), 1281–1304
The DEP-6D, a new preference-based measure to assess health states of dependency
Social Science & Medicine 153, 210–219
Portuguese Economic Journal 13(3), 195–216
Self-fulfilling crises with default and devaluation
Economic Theory 53(3), 499–535
Investment-specific technical progress, capital obsolescence and job creation
Labour Economics 17(1), 248–257
Millian efficiency with endogenous fertility
The Review of Economic Studies 77(1), 154–187
Technological progress, obsolescence, and depreciation
Oxford Economic Papers 61(3), 440–466
A vintage model of trade in secondhand markets and the lifetime of durable goods
Mathematical Population Studies 15(4), 249–266
Demography, education, structural change and convergence: Galicia–Spain, 2001–2050
Revista de Economía Aplicada 15(43), 123–144
The effects of replacement schemes on car sales: The Spanish case
Investigaciones Económicas 30(2), 239–282
Vintage capital and the dynamics of the AK model
Journal of Economic Theory 120(1), 39–72
Obsolescence and modernization in the growth process
Journal of Development Economics 77(1), 153–171
Embodied technological change, learning-by-doing and the productivity slowdown
The Scandinavian Journal of Economics 105(1), 87–98
Endogenous vs exogenously driven fluctuations in vintage capital models
Journal of Economic Theory 88(1), 161–187
Services & Expertise
Beyond academic research, the group provides analytical and advisory services to public institutions, regional governments, and policy bodies.
Projections for public budget planning in institutions, combining structural models with empirical calibration to regional and national contexts.
Quantitative assessment of the distributional and welfare effects of health care reform, social services, and natality support programmes.
Analysis of how R&D support, innovation incentives, and investment promotion translate into aggregate productivity and long-run growth.
Study of how financial regulation affects firm investment decisions and macroeconomic outcomes, drawing on models of financial frictions and heterogeneous firms.
Evidence-based advice on natality policies, social services reforms, and R&D promotion, integrating welfare-theoretic analysis with institutional context.
Contact
We welcome inquiries from prospective students, visiting scholars, and collaborative partners.
Postal address
Dpto. de Fundamentos da Análise Económica.
Facultade de CC. Económicas e Empresariais.
Avda. Burgo das Nacións, s/n.
15782 Santiago de Compostela.
Spain
Contact
