Research

Publications

  1. Tilting at Giants? Spain's Role in the Shifting Global Supply Chain (with L. Alfaro). SERIEs, 2026.
  2. Revisiting Productivity Dynamics in Europe: A New Measure of Utilization-Adjusted TFP Growth (with D. Comin, T. Schmitz and A. Trigari). Journal of the European Economic Association, 23(4), 1598–1633, 2025.
  3. Urban Accounting and Welfare in Spain (with D. Cuberes and E. Moral-Benito). Regional Science and Urban Economics, 115(C), 104160, 2025.
  4. On the Macroeconomic Impact of NGEU Funds and Its Propagation through the Production Network (with A. Fernández and E. Moral-Benito). Economic Modelling, 132, 106669, 2024.
  5. The Heterogeneous Effects of a Higher Volume of Regulation: Evidence from More than 200k Spanish Norms (with J. Mora-Sanguinetti, I. Soler and R. Spruk). Journal of Regulatory Economics, 65(1), 137–153, 2024.

Working Papers

  1. Tariffs, Production Networks, and Spillovers: The Case of a US-China Trade War (with P. Aguilar, M. Darracq Pariès, A. Dieppe, R. Domínguez-Díaz, A. Eugenelo and J.E. Gallegos). ECB Working Paper 3254, 2026.
  2. The Transmission of Foreign Shocks in a Networked Economy (with P. Aguilar, R. Domínguez and J.E. Gallegos). Banco de España Working Paper 2607, 2026.
  3. Shock Transmission in a Monetary Union: Aggregate Impacts and Cross-Sectional Incidence across Euro Area Countries (with C. Osbat, E. Rubbo, G. Buss, A. Cantelmo, M. Dobrew, R. Domínguez-Díaz, M. Elfsbacka-Schmöller, J.E. Gallegos, N. Lisack, M. Pisani and D. Verdini). ECB Working Paper.
  4. Carbon Pricing, Border Adjustment and Renewable Energy Investment: A Network Approach (with M. Delgado and D. Santabárbara). Banco de España Working Paper 2506, 2025.
  5. Governance Dynamics and Derisking Strategies in Europe: A Comparative Study of Germany, Italy, and Spain (with I. Balteanu, A. Boffelli, M. Bottone, A. Kutten, M. Mancini and D. Pegoraro). R&R International Journal of Operations and Production Management.
  6. Regional Divergence, Manufacturing Decline and the Rise of Skilled Services R&R Journal of Economic Geography.

Work in Progress

  1. The Dynamics of Trade Fragmentation: A Network Approach
  2. Tariffs as Taxes on Capital (with R. Domínguez-Díaz, M. Domínguez-Jiménez and J.E. Gallegos).