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Una mirada ingenua sobre las series del sector exterior, 1869–1999

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  • Sanz, José María Serrano
  • Sort, Marcela Sabaté
  • Rivas, María Dolores Gadea

Abstract

This paper adopts an unbiased approach to the evolution of Spanish foreign trade (1869–1999). It aims to characterize the long-run performance of the Spanish external sector by applying a statistical analysis to the new series presented by Prados (2003). We identify two well-defined, clearly distinguished stages separated by a period of transition. The first stage, until 1935, was one of unpredictable trade and little connection with national income. The transition, a volatile period, lasted until 1960. This year marks the beginning of a second stage, characterized by a mature, predictable trade strongly linked with income.

Suggested Citation

  • Sanz, José María Serrano & Sort, Marcela Sabaté & Rivas, María Dolores Gadea, 2008. "Una mirada ingenua sobre las series del sector exterior, 1869–1999," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 26(1), pages 83-107, January.
    • Handle: RePEc:cup:reveco:v:26:y:2008:i:01:p:83-107_00
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    Cited by:

    1. Bajo-Rubio, Oscar, 2012. "The balance-of-payments constraint on economic growth in a long-term perspective: Spain, 1850–2000," Explorations in Economic History, Elsevier, vol. 49(1), pages 105-117.
    2. Bajo-Rubio, Oscar & Esteve, Vicente, 2021. "The Current Account Of The Spanish Economy, 1850-2016: Was It Optimal?," Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Cambridge University Press, vol. 39(2), pages 329-354, September.

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