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Productivity's development in the Basque Economy during the period 1985-1994

  • Oguiza Tobar, Ainhoa
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    [EN] The aim of this paper is to analyse the development of Basque Country's economy's productivity in the period 1985-1994 and, identify which are the factors that decide that evolution. We specify a Cobb-Douglas production function and with the availabe dataset, we use a panel to estimate it considering the fixed-effects model. The results obtained show a labor's productivity increase along the whole period in addition to the downturn in employment. Finally, labor's qualification has a positive effect on basque economy's added value.

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    File URL: http://hdl.handle.net/10810/5923
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    Paper provided by Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística) in its series BILTOKI with number 1999-03.

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    Date of creation: Sep 1998
    Date of revision:
    Handle: RePEc:ehu:biltok:199903
    Contact details of provider: Postal: Avda. Lehendakari, Aguirre, 83, 48015 Bilbao
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    Web page: http://www.ea3.ehu.es
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    Order Information: Postal: Dpto. de Econometría y Estadística, Facultad de CC. Económicas y Empresariales, Universidad del País Vasco, Avda. Lehendakari Aguirre 83, 48015 Bilbao, Spain
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    1. David Aschauer, 1988. "Is public expenditure productive?," Staff Memoranda 88-7, Federal Reserve Bank of Chicago.
    2. Ezequiel Uriel Jiménez & Francisco Pérez García & Matilde Mas Ivars & Joaquín Maudos Villarroya, 1993. "Capital Público Y Productividad De La Economía Espanola," Working Papers. Serie EC 1993-08, Instituto Valenciano de Investigaciones Económicas, S.A. (Ivie).
    3. Bronwyn H. Hall & Jacques Mairesse, 1992. "Exploring the Relationship Between R&D and Productivity in French Manufacturing Firms," NBER Working Papers 3956, National Bureau of Economic Research, Inc.
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