The key role of the productive structure in the countercyclical productivity in Spain

Authors

  • Andres Maroto-Sanchez Autonomous University of Madrid
  • Juan R. Cuadrado-Roura University of Alcala

DOI:

https://doi.org/10.17811/ebl.2.3.2013.86-93

Abstract

One of the most controversial topics of the Spanish economy is the countercyclical behavior of its productivity, both in the expansive years and during the recent financial and economic crisis. Additionally, this countercyclical pattern is unique among the economies of its area. This letter considers one of the likely answers to this fact: the Spanish productive structure, which is characterized by sectors such as construction and some service industries. 

Author Biographies

Andres Maroto-Sanchez, Autonomous University of Madrid

Department of Economic Analysis: Economic Theory

Juan R. Cuadrado-Roura, University of Alcala

Department of Economics and Business

Also Founder-Director of the Institute of Economic and Social Analysis (IAES)

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Published

24-09-2013

How to Cite

Maroto-Sanchez, A., & Cuadrado-Roura, J. R. (2013). The key role of the productive structure in the countercyclical productivity in Spain. Economics and Business Letters, 2(3), 86–93. https://doi.org/10.17811/ebl.2.3.2013.86-93

Issue

Vol. 2 No. 3 (2013): September - Special Issue: Selected papers from 11th International Economic Policy Conference

Section

Special Section

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