Labour productivity in Spain: 1977-2002
This study examines the evolution of labour productivity across Spanish regions during the period from 1977 to 2002. Applying the kernel technique, we estimate the effects of the transition process on labour productivity and its main sources. We find that Spanish regions experienced a major convergence process in labour productivity mostly driven by human capital in the 1977-1993 period. Conversely, the dynamics of investment in physical capital appear to be neutral with respect to the transition dynamics of labour productivity. Finally, from 1995 to 2002, no dynamic processes seemed to have taken place. Spanish regions exhibit a persistent relative position with established convergence clubs: the human capital effect is less important and the investment in physical capital seems not to have a triggering effect on labour productivity growth.
Volume (Year): 43 (2011)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://www.tandfonline.com/RAEC20|
|Order Information:||Web: http://www.tandfonline.com/pricing/journal/RAEC20|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Michele Boldrin & Fabio Canova, 2001. "Inequality and convergence in Europe's regions: reconsidering European regional policies," Economic Policy, CEPR;CES;MSH, vol. 16(32), pages 205-253, 04.
- Olivier Blanchard, 2004.
"The Economic Future of Europe,"
Journal of Economic Perspectives,
American Economic Association, vol. 18(4), pages 3-26, Fall.
- Olivier Blanchard, 2004. "The Economic Future of Europe," NBER Working Papers 10310, National Bureau of Economic Research, Inc.
- Marcello M. Estevão, 2004. "Why is Productivity Growth in the Euro Area so Sluggish?," IMF Working Papers 04/200, International Monetary Fund. Full references (including those not matched with items on IDEAS)
When requesting a correction, please mention this item's handle: RePEc:taf:applec:v:43:y:2011:i:4:p:465-485. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Michael McNulty)
If references are entirely missing, you can add them using this form.