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Regional outlook on labor productivity in Spain, 2000–2022

Author

Listed:
  • Carles Manera

    (BANCO DE ESPAÑA)

  • Ferran Navinés

    (UNIVERSITY OF THE BALEARIC ISLANDS)

  • Javier Franconetti

    (UNIVERSITY OF THE BALEARIC ISLANDS)

  • Miquel Quetglas

    (UNIVERSITY OF THE BALEARIC ISLANDS)

  • José A. Pérez-Montiel

    (UNIVERSITY OF THE BALEARIC ISLANDS)

Abstract

This paper analyzes the evolution of labor productivity in Spanish regions during 2000–2022, with attention to their sectoral structure and productive specialization. Using data from the National Statistics Institute and the Fundación de Estudios de Economía Aplicada, we compute labor productivity as the ratio of gross value added at constant prices to effective hours worked. Through cluster analysis, we group the regions into five clusters based on their relative productive specialization. The results highlight the sustained leadership of the cluster formed by Madrid, the Balearic Islands, and the Canary Islands, marked by strong tertiarization. They also show greater resilience of industrially oriented clusters during economic crises. At the same time, differences in labor productivity dynamics do not always match the groupings suggested by cluster analysis, due to the heterogeneous role of service subsectors.

Suggested Citation

  • Carles Manera & Ferran Navinés & Javier Franconetti & Miquel Quetglas & José A. Pérez-Montiel, 2026. "Regional outlook on labor productivity in Spain, 2000–2022," Occasional Papers 2605, Banco de España.
    • Handle: RePEc:bde:opaper:2605e
    DOI: https://doi.org/10.53479/42546
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    Keywords

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    JEL classification:

    • E01 - Macroeconomics and Monetary Economics - - General - - - Measurement and Data on National Income and Product Accounts and Wealth; Environmental Accounts
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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