Iñaki Iriarte Goñi () (Departamento de Estructura e Historia Económica y Economía Pública, University of Zaragoza) María Isabel Ayuda () (Department of Economic Analysis, University of Zaragoza)
Abstract
The main objective of this paper is to contribute a continuous annual series of timber consumption in Spain for the period 1860-1935, an unexplored topic in Spanish economic history. Then the paper estimates a standard consumption function trying to explain the behavior of the serie. The main conclusion is that Spanish timber consumption had a positive GDP elasticity (0,47) with a growth in both traditional and new utilities of timber, regardles of the evolution of the prices of the product. This suggests that the economic growth of the period was not only based on new technologies and new raw materials, but also on a growing use of an organic and traditional product like timber.
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Find related papers by JEL classification: C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions N53 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: Pre-1913 N54 - Economic History - - Agriculture, Natural Resources, Environment and Extractive Industries - - - Europe: 1913- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products Q21 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Renewable Resources and Conservation - - - Demand and Supply (the Commons)
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