Publication: New series of the Spanish foreign sector, 1850-2000
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2007-10
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Abstract
This paper offers new series on the evolution of the foreign sector of the
Spanish economy in the period between 1821 and 2001. Besides the classical
series of the trade balance in current, constant and gold pesetas, it
incorporates the series of incomes, payments and balance of the main entries
of the Current Account and Capital Balance, along with a special treatment of
the tourist series since the 1920s. As a complement to the analysis of the
foreign sector, new indicators of trade, financial and customs tariffs protection
and degree of openness of the Spanish economy have been included together
with new homogeneous estimations of the distribution by products and the
revealed comparative advantage (according to a systematic aggregate following
the Standard International Trade Classification (SITC. 2 (UN (1985) and GATT
(1986)) as well as the geographical distribution of exports and imports
(following the UN Classification (INE (2002)).
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Keywords
Foreign Sector, Foreign Trade, Accuracy Foreign Trade, Spanish New Series