First Author:   Geraint Johnes Lancaster University Management School G.Johnes@lancs.ac.uk   Lancaster University Management School Lancaster, LA1 4YX, United Kingdom   +44 1524 594215(Phone) +44 1524 594215(Fax) http://www.lums.lancs.ac.uk/economics/profiles/63/ Second Author: Manuel Salas-Velasco Universidad de Granada msalas@ugr.es   Departamento de Economia Aplicada, Universidad de Granada Granada, 18071, Spain   +34 958 249628(Phone) +34 958 244046(Fax)