Los beneficios empresariales en España, 1880–1981. Estimación de un índice anual del excedente de la gran empresa*
Xavier Tafunell
Revista de Historia Económica / Journal of Iberian and Latin American Economic History, 1998, vol. 16, issue 3, 707-746
Abstract:
This article presents an serie of annual Spanish corporate's profits for the period 1880–1981. The index estimated represents very well Spanish big firms, and it provides for the first time annual measurement on profits for a very long period. The data suggests that profits experienced long trends and short-term fluctuations. Both movements are related with whole economy and industrial dynamics. The data equally suggests that profits fluctuations were extremely correlated with investment fluctuations.
Date: 1998
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Persistent link: https://EconPapers.repec.org/RePEc:cup:reveco:v:16:y:1998:i:03:p:707-746_00
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