Escosura, Leandro Prados de la; Roses, Joan R. - Instituto Figuerola de Historia y Ciencias Sociales, … - 2008
In this paper, new series of Spain’s capital stock and input are constructed for the last one-and-a-half centuries. Capital stock and input grew at average rates of 3.5 and 3.7 percent per year but not at a steady pace since rates accelerated dramatically during the ‘Golden Age’. Two major...