Agricultural exports and economic development in Spain during the first wave of globalisation

María-Isabel Ayuda and Vicente Pinilla

Documentos de Trabajo de la Sociedad de Estudios de Historia Agraria from Sociedad de Estudios de Historia Agraria

Abstract: The objective of this article is to study the evolution of Spanish agricultural exports, their share of agricultural production as a whole, the determinants of their expansion and, finally, the contribution that they have made to economic development. Our results show considerable dynamism in agricultural exports, which however faced certain obstacles that limited any further expansion. Their share on production varied greatly, but for some relevant products it was fundamental, substantially contributing to its growth. The increase in external demand but also the comparatively high profitability of export products and a high level of competitiveness in the international market generated highly dynamic behaviour in supply. The contribution of the export sector to Spanish economic growth was positive although moderate. It contributed to financing necessary imports during the industrialisation process, favoured a more efficient allocation of resources and produced intersectoral linkages. However, the geographical concentration of production for export limited its spatial impact on the Spanish economy.

Keywords: agricultural development; agricultural trade; Spanish economic history; first wave of globalisation (search for similar items in EconPapers)
JEL-codes: N53 N73 O13 Q17 (search for similar items in EconPapers)
Pages: 27 page
Date: 2020-01
New Economics Papers: this item is included in nep-agr, nep-his and nep-int
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

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Journal Article: Agricultural exports and economic development in Spain during the first wave of globalisation (2021)
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