The Spanish pattern of econmic growth during the last two centuries is quite unique. In the nineteenth century, Spain remained outside the process of industrialization, but during the twentieh century it has joined the small group of developed economies. This article checks the possible...

This paper is founded in a previous estimation of the stock of capital of theSpanish economy incorporating two new developments. First, this new estimation is anestimation of the directly productive capital stock of the Spanish economy, whosepurpose is to know its productive capacity. Second,...