Inflación y competitividad de la economía española

José Luis Raymond
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José Luis Raymond: Universidad Autónoma de Barcelona

EKONOMIAZ. Revista vasca de Economía, 1992, vol. 24, issue 03, 118-137

Abstract: This work offers the definition and evolution of an aggregate index of spanish competitiviness in relation to the others E.E.C. countries. The index is constructed considering the unitary internal production costs and comparing them with external pricess expressed in pesetas. The conclusion is that between 1987 and 1990 the spanish economy has suffered an important loss of competitiviness as a result of a positive inflation diferencial and a bad mixture of restrictiva monetary policy and expansivo fiscal policy that has pushed up the exchange rate of the peseta. A consequence of this has been the destruction of part of the spanish industrial structure.

Keywords: Indice agregado de competitividad; costes unitarios de producción; inflación (search for similar items in EconPapers)
JEL-codes: E24 E31 J3 P24 P44 (search for similar items in EconPapers)
Date: 1992
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Persistent link: https://EconPapers.repec.org/RePEc:ekz:ekonoz:1992306

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