Recent cyclical movements in the spanish productivity. An aggregate and sectoral analysis
AbstractOne of the most debated themes on the Spanish economy is the one related to productivity. While negative trends were observed during the time of expansion, its evolution has become much more positive during the recent years of strong economic and financial crisis. Additionally, this behaviour is contrary to that displayed by other European countries. For this reason, this paper aims to analyse the effects of the economic cycle on Spanish labour productivity from 1980 onwards, especially focusing on the characteristic industrial structure of our economy. We use data provided by the Conference Board and the Quarterly National Accounts (INE).
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Bibliographic InfoPaper provided by Instituto Universitario de Análisis Económico y Social in its series Working Papers with number 06/13.
Length: 29 pages
Date of creation: Jun 2013
Date of revision:
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Productivity; Business Cycle; HP Filter; Productive structure;
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- Victor Zarnowitz & Ataman Ozyildirim, 2002.
"Time Series Decomposition and Measurement of Business Cycles, Trends and Growth Cycles,"
NBER Working Papers
8736, National Bureau of Economic Research, Inc.
- Zarnowitz, Victor & Ozyildirim, Ataman, 2006. "Time series decomposition and measurement of business cycles, trends and growth cycles," Journal of Monetary Economics, Elsevier, vol. 53(7), pages 1717-1739, October.
- Victor Zarnowitz & Ataman Ozyildirim, 2001. "Time Series Decomposition and Measurement of Business Cycles, Trends and Growth Cycles," Economics Program Working Papers 01-03, The Conference Board, Economics Program.
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