English, Article edition: Salario, Empleo y Productividad de la Economía Española en 1965-2008 Guisan, M.C.; Aguayo, E.

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Salario, Empleo y Productividad de la Economía Española en 1965-2008
Author
  • Guisan, M.C.
  • Aguayo, E.
Physical Description
  • article
Notes
  • Analizamos varias etapas des desarrollo económico de España en el período 1965-2008, en comparación con Alemania, Francia, Italia, Gran Bretaña y Estados Unidos. El insuficiente desarrollo industrial de España en los períodos 1975-85, 1990-95 y 2000-2008, en términos de valor añadido real por habitante, explica no sólo un menor crecimiento de la renta real per cápita y del salario real medio, sino también el creciente desequilibrio del comercio exterior durante el período 2002-2008, el cual ha sido el generador de algunos de los aspectos más importantes de la crisis económica del año 2008. Estimamos un modelo econométrico que cuantifica el efecto positivo de la industria y del desarrollo equilibrado del comercio exterior sobre la productividad, el salario y el empleo. Analizamos también la conveniencia de impulsar el desarrollo de factores socio-económicos que logren una mayor convergencia real de España con los países más avanzados. We analyze several stages of economic development of Spain in the period 1965-2007, in comparison with Germany, France, Italy, the United Kingdom and the United Status. The insufficiency of industrial development of Spain for 1975-85, 1990-95 and 2000-2008, regarding real value added per capita, explains not only a lower increase of real income per capita and of real average wage, but also the increasing disequilibrium of the foreign trade balance of the period 2002-2008, which has been one of the main causes of the economic crisis of year 2008. We present an econometric model which shows the positive effect of industry and even foreign trade, on productivity, real wage and employment. Finally we suggest to improve other socio-economic factors which may contribute to foster a higher degree of real convergence of the Spanish economy with more advanced countries.
  • Industria, Desequilibrio del comercio exterior, Salario real, Productividad, Empleo, Economía española, Crisis. Industry, Foreign trade, Wage, Productivity, Spanish Economy.
  • RePEc:eaa:eedein:v:8:y2008:i:8_5
Language
  • English
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