Prados de la Escosura, Leandro; Rosés, Joan R. - C.E.P.R. Discussion Papers - 2007
Between 1850 and 2000, Spain’s real income increased by about 40-fold, at an average rate of 2.5 percent. The sources … of this long-run growth are investigated using Jorgenson-type growth accounting analysis. We find that growth upsurges … European Union Spain has experienced a dramatic productivity slowdown. …