Publication: Growth and Structural Change in Spain, 1850-2000: A European Perspective
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2007
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Universidad Carlos III de Madrid. Instituto Laureano Figuerola
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Abstract
En este ensayo se examina el progreso económico a largo plazo de la España contemporánea y se sitúa en perspectiva europea. En siglo y medio, la renta per capita aumentó quince veces. Tres grandes fases pueden distinguirse: 1850-1950, 1951-1974 y 1975-2000. El peor comportamiento relativo de España en el largo plazo se debió fundamentalmente al lento crecimiento durante etapas concretas del siglo anterior a 1950. En la segunda mitad del siglo XX, y en particular, durante 1959-1974, España acortó distancias. El cambio estructural contribuyó significativamente a la aceleración del crecimiento, en tanto la falta de exposición a la competencia internacional constituyó un elemento recurrente de atraso.
Long run economic progress in modern Spain is assessed in this paper and its performance placed in European perspective. Over one and a half centuries, income per person rose 15 times. Three main phases can be established: 1850-1950, 1951-1974 and 1975-2000. Catching up took place in the late twentieth century, in which the years 1959-74 stand out. Structural change contributed significantly to growth acceleration while lack of exposition to international competition represents a recurrent element of retardation
Long run economic progress in modern Spain is assessed in this paper and its performance placed in European perspective. Over one and a half centuries, income per person rose 15 times. Three main phases can be established: 1850-1950, 1951-1974 and 1975-2000. Catching up took place in the late twentieth century, in which the years 1959-74 stand out. Structural change contributed significantly to growth acceleration while lack of exposition to international competition represents a recurrent element of retardation
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Crecimiento largo plazo, Cambio estructural, Convergencia, Europa, Long-run growth, Structural change, Catching-up, Europe
Bibliographic citation
Revista de Historia Económica / Journal of Iberian and Latin American Economic History, Año XXV, primavera 2007, n. 1, pp. 147-182