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Spain: Selected Issues

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  • International Monetary Fund

Abstract

This Selected Issues paper quantifies the macroeconomic effects of fiscal policy in Spain, focusing on the external sector. It describes the stylized facts of the Spanish economy and presents an econometric analysis. It examines Spain’s growth and productivity performance in relation to a broad sample of peer economies with an emphasis on recent trends and growth implications. It also employs growth accounting and discusses the productivity lag of Spain.

Suggested Citation

  • International Monetary Fund, 2006. "Spain: Selected Issues," IMF Staff Country Reports 2006/213, International Monetary Fund.
  • Handle: RePEc:imf:imfscr:2006/213
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    References listed on IDEAS

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    7. Timothy J. Kehoe & Edward C. Prescott, 2007. "Great depressions of the twentieth century," Monograph, Federal Reserve Bank of Minneapolis, number 2007gdott.
    8. Alessandra Colecchia & Paul Schreyer, 2002. "ICT Investment and Economic Growth in the 1990s: Is the United States a Unique Case? A Comparative Study of Nine OECD Countries," Review of Economic Dynamics, Elsevier for the Society for Economic Dynamics, vol. 5(2), pages 408-442, April.
    9. Prescott, Edward C, 1998. "Needed: A Theory of Total Factor Productivity," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 39(3), pages 525-551, August.
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