Employment, Production and Income by Sector in Spain: Econometric Models and Comparison with Germany and the United States, 1965-2010
We analyse the evolution of real valued-added by sector accordingly to two approaches: production and income in Spain in comparison with Germany, the USA and other OECD countries. We found that the quick increase of employment in Building and Services in Spain for the period 1995-2007 was unsustainable due to the lack of an even evolution of Industrial production. Economic policies for the period 1995-2012 did not foster the necessary increase in real production per inhabitant, in order to reach high rates of employment and convergence of productivity, real wages and real income per capita to more advanced economics. Here we present the estimation of econometrics models which have into account the impact of industrial development on real value-added and employment by sector.
Volume (Year): 13 (2013)
Issue (Month): 1 ()
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- Guisan, M.C., 2006. "Industry, Foreign Trade and Development: Econometric Models of Europe and North America, 1965-2003," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 3(1), pages 5-30.
- Guisan, M.C. & Aguayo, Eva, 2007. "Wages, Productivity And Human Capital In The European Union: Econometric Models And Comparison With The Usa 1985-2005," Applied Econometrics and International Development, Euro-American Association of Economic Development, vol. 7(1).
- GUISAN, Maria-Carmen, 2011. "Industry, Fair Competition And Trade In Oecd Countries: Impact On Wages And On Employment By Sector, 2000-2010," Regional and Sectoral Economic Studies, Euro-American Association of Economic Development, vol. 11(2).
- Guisan, M.Carmen, 2004. "A Comparison of Causality Tests Applied to the Bilateral Relationship between Consumption and GDP in the USA and Mexico," International Journal of Applied Econometrics and Quantitative Studies, Euro-American Association of Economic Development, vol. 1(1), pages 115-130.
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