Employment, Production and Income by Sector in SpainEconometric Models and Comparison with Germany and the United States, 1965-2010

  1. Pilar Exposito 1
  2. Maria-Carmen Guisan 1
  1. 1 Universidade de Santiago de Compostela
    info

    Universidade de Santiago de Compostela

    Santiago de Compostela, España

    ROR https://ror.org/030eybx10

Revista:
Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES

ISSN: 1578-4460

Año de publicación: 2013

Volumen: 13

Número: 1

Páginas: 79-90

Tipo: Artículo

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Otras publicaciones en: Estudios Economicos Regionales y Sectoriales : EERS: Regional and sectoral economic studies : RSES

Resumen

We analyse the evolution of real valued-added by sector accordingly to two approaches: production and income in Spain in comparison with Germany, the USA and other OECD countries. We found that the quick increase of employment in Building and Services in Spain for the period 1995-2007 was unsustainable due to the lack of an even evolution of Industrial production. Economic policies for the period 1995-2012 did not foster the necessary increase in real production per inhabitant, in order to reach high rates of employment and convergence of productivity, real wages and real income per capita to more advanced economics. Here we present the estimation of econometrics models which have into account the impact of industrial development on real value-added and employment by sector.

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