Ainhoa Oguiza () (Departamento de Econometria y Estadistica, Universidad del Pais Vasco, Spain)
Abstract
The aim of this paper is to analyse the development of Basque Country's economy's productivity in the period 1985-1994 and, identify which are the factors that decide that evolution. We specify a Cobb-Douglas production function and with the availabe dataset, we use a panel to estimate it considering the fixed-effects model. The results obtained show a labor's productivity increase along the whole period in addition to the downturn in employment. Finally, labor's qualification has a positive effect on basque economy's added value.
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Publisher Info
Paper provided by Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística) in its series BILTOKI with number
199903.
Order Information: Postal: Dpto. de Econometría y Estadística, Facultad de CC. Económicas y Empresariales, Universidad del País Vasco, Avda. Lehendakari Aguirre 83, 48015 Bilbao, Spain Email:
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Find related papers by JEL classification: C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data O40 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
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