The key role of the productive structure in the countercyclical productivity in Spain
AbstractOne of the most controversial topics of the Spanish economy is the countercyclical behavior of its productivity, both in the expansive years and during the recent financial and economic crisis. Additionally, this countercyclical pattern is unique among the economies of its area. This letter considers one of the likely answers to this fact: the Spanish productive structure, which is characterized by sectors such as construction and some service industries.Â
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Bibliographic InfoArticle provided by Oviedo University Press in its journal Economics and Business Letters.
Volume (Year): 2 (2013)
Issue (Month): 3 ()
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