Growth and Convergence Profiles in the Spanish Provinces (1965-1997)

36 Pages Posted: 8 Feb 2005

See all articles by Francisco Pérez

Francisco Pérez

University of Valencia - Department of Economic Analysis

Emili Tortosa-Ausina

Jaume I University - Department of Economics

Matilde Mas

University of Valencia - Department of Economic Analysis

Francisco J. Goerlich

University of Valencia - Department of Economic Analysis

Abstract

Economic performance in Spanish provinces has led to a considerable improvement in standard of living of their populations. Intense capital accumulation since the 1950s played a key roll in this process. Provincial inequalities may increase or decrease as a result of this growth pattern. This study analyzes the evolution of the disparities by means of distribution dynamics techniques. It explicitly considers economic size of each province and whether spatial spillovers exist. Results indicate that the convergence process has been especially intense for labor productivity, total factor productivity, and capital intensity, while for per capita income the patterns of convergence are less marked. When we weight our analysis according to economic size of each province, our conclusions do not hold. However, when we take geographic location into account, we find support for our conclusions.

Suggested Citation

Pérez, Francisco and Tortosa-Ausina, Emili and Mas, Matilde and Goerlich, Francisco J., Growth and Convergence Profiles in the Spanish Provinces (1965-1997). Available at SSRN: https://ssrn.com/abstract=654850

Francisco Pérez (Contact Author)

University of Valencia - Department of Economic Analysis ( email )

Campus de los Naranjos
46022 Valencia
Spain

Emili Tortosa-Ausina

Jaume I University - Department of Economics ( email )

Campus del Riu Sec.
E-12071 Castellon
Spain

Matilde Mas

University of Valencia - Department of Economic Analysis ( email )

Campus de los Naranjos
46022 Valencia
Spain

Francisco J. Goerlich

University of Valencia - Department of Economic Analysis ( email )

Campus de los Naranjos
46022 Valencia
Spain

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