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Las fuentes del crecimiento sostenido en España y los países del G7 (1970-2001)
[Sources of sustained growth in Spain and G7 countries (1970-2001)]

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Author Info
Goerlich, Francisco José
Mas, Matilde
Pérez, Francisco

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Abstract

This paper reviews the experience of sustained growth in Spain and those countries belonging to the G7 in light of Kaldor’s stylized facts, as well as the process of Spain’s convergence towards the most developed countries. We analyze sources of growth over the extensive period of 1970-2001, and in particular the effects of both direct and indirect technical progress on the accumulation de capital. Finally, we examine the changes that took place in the nineties - a time when the United States showed a behavior that was influenced by new technologies, whereas in Spain the contribution of productivity to growth lost importance.

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File URL: http://mpra.ub.uni-muenchen.de/15829/
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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 15829.

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Date of creation: 2002
Date of revision: 2002
Handle: RePEc:pra:mprapa:15829

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Related research
Keywords: Growth; productivity; convergence;

Find related papers by JEL classification:
O47 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Measurement of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence

References listed on IDEAS
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  1. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March. [Downloadable!] (restricted)
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  2. Robert J. Barro, 1991. "Economic Growth in a Cross Section of Countries," NBER Working Papers 3120, National Bureau of Economic Research, Inc. [Downloadable!] (restricted)
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This page was last updated on 2009-11-24.

This information is provided to you by IDEAS at the Department of Economics, College of Liberal Arts and Sciences, University of Connecticut using RePEc data on a server sponsored by the Society for Economic Dynamics.