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Las fuentes del crecimiento económico español, 1964–1973

Mar Cebrián Villar

Revista de Historia Económica / Journal of Iberian and Latin American Economic History, 2001, vol. 19, issue S1, 277-299

Abstract: The aim of this paper is to investigate the sources of growth of real product in the Spanish economy over the period 1964–1973. This is decomposed into five components: capital stock, quality of capital stock, hours worked, quality of hours worked and TFP. The methodology is based on the transcendental logarithmic production function and distinguishes growth in quality and quantity of inputs. We find that the main component of the growth in output is total factor productivity.

Date: 2001
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