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Regional & Urban Economics

Regional & Urban Economics latest publications

October 4, 2022

National Accounts in a world of Naturally Occurring Data

Presentation for the Conference on Non-traditional Data, Machine Learning and Natural Language Processing in Macroeconomics hosted by Sveriges Riksbank and jointly organized with the Federal Reserve Board, the Bank of Italy, and the Bank of Canada.

September 28, 2022

Beyond Cards: Measuring Spanish Consumption in Real Time and High Definition

We provide the first proof of concept that naturally occurring data from millions of financial transactions can be harnessed to estimate national accounts in real time and high definition

September 9, 2022

Spain | Analysis of national tourist flows in real time between May and August of 2022

According to BBVA credit card spending data, between May and August of 2022 tourist spending by Spaniards outside their usual province of residence was 23 pp above the 2019 records (15 pp more than between January and Abril).

September 5, 2022

Mexico | Yearbook of Migration and Remittances 2022

Book edited by BBVA Research, BBVA Foundation and the National Population Council (CONAPO) made up of 10 chapters that addresses the main statistics on the multiple migratory flows and human mobility, and remittances at a global level, with an emphasis on Mexico.

August 30, 2022

Spain | Storm clouds and cold weather from the north affect growth

After a first half of the year in which the Spanish economy displayed a degree of momentum, the outlook for the second half is rather darker. A few months ago, we were hoping that the north winds would help to clear the skies, but they now appear to be bringing a storm with them.

August 3, 2022

Spain | Regional Economic Outlook. Third Quarter 2022

Spain's GDP will grow by 4.1% in 2022 (in line with what was forecast three months ago), but private consumption is revised downwards and investment and exports, both goods and tourism services, are revised upwards. On the other hand, growth for 2023 will be lower due to the slower progress in European demand.

July 19, 2022

Spain | Madrid Economic Outlook. First half 2022

Madrid's GDP grew by 5,0% in 2021. But the war in Ukraine and sanctions reduce growth expectations. Thus, Madrid GDP is expected to increase by 4,3% in 2022 and 2,6 in 2023%. By the end of 2023, GDP could recover the level of 2019.

July 18, 2022

Mexico | Bank Financing Would Boost Value in Nearshoring Networks

The challenge for commercial banking in Mexico is to evolve in order to quickly and agilely adapt to the continuous transformation of the business ecosystem that nearshoring implies, generating efficiency in the mobilization of resources among the multidimensional network system that this production scheme will define.