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Especialización industrial y flujos comerciales en la economía vasca a lo largo de los años noventa

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  • Ricardo Bustillo Mesanza

    (Universidad del País Vasco (UPV-EHU))

Abstract

The Basque economy enjoyed a strong growth in industrial output in the nineties, as a result of the depreciation of Peseta between 1992 and 1995. That view is confirmed by the increase in the external trade surplus and the worsening of trade deficit with the rest of Spain, both happened in the last years of the Twentieth Century. Deep changes in the pattern of trade of the Basque Country reflect not only a shift towards economic activities with higher income elasticity but also a widening of intraindustrial trade. However, the basque industry still shows a structure where traditional and intermediate sectors are the main suppliers of income.

Suggested Citation

  • Ricardo Bustillo Mesanza, 2003. "Especialización industrial y flujos comerciales en la economía vasca a lo largo de los años noventa," EKONOMIAZ. Revista vasca de Economía, Gobierno Vasco / Eusko Jaurlaritza / Basque Government, vol. 52(01), pages 246-267.
    • Handle: RePEc:ekz:ekonoz:2003111
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    JEL classification:

    • F11 - International Economics - - Trade - - - Neoclassical Models of Trade
    • F12 - International Economics - - Trade - - - Models of Trade with Imperfect Competition and Scale Economies; Fragmentation
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade

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