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State Aids for restructuring Spanish Steel Industry in European Perspective

Author

Listed:
  • Pablo Díaz-Morlán

    (Universidad de Alicante, Alicante, Spain)

  • Miguel Ángel Sáez-García

    (Universidad de Alicante, Alicante, Spain)

Abstract

The aim of this article is to make a comparison of public assistance provided during the restructuring of the steel industry in Spain and in the European Community of Coal and Steel from 1975 to 1988. We have used both primary and printed sources from different institutions: steel Spanish companies, Spanish steel organization (Unesid), European Community and Spanish agencies and public bodies and reports from the European Commission. The work concludes that the main difference between the Spanish and European Community steel policies was not so much on the amount of the public resources but rather on the use of them in the restructuring process, especially since the 1980s. So while in the EEC steel aids were granted only in exchange for the elimination of surplus capacity, in Spain not adjustment was made until its accession to the European Communities on 1 January 1986.

Suggested Citation

  • Pablo Díaz-Morlán & Miguel Ángel Sáez-García, 2015. "State Aids for restructuring Spanish Steel Industry in European Perspective," Documentos de Trabajo (DT-AEHE) 1514, Asociación Española de Historia Económica.
    • Handle: RePEc:ahe:dtaehe:1514
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    Keywords

    Restructuring policy; Steel industry; State aids; European Economic Community;
    All these keywords.

    JEL classification:

    • L53 - Industrial Organization - - Regulation and Industrial Policy - - - Enterprise Policy
    • L61 - Industrial Organization - - Industry Studies: Manufacturing - - - Metals and Metal Products; Cement; Glass; Ceramics
    • N64 - Economic History - - Manufacturing and Construction - - - Europe: 1913-

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