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Política fiscal y productividad del trabajo en la economía española: un análisis de series temporales

Vicente Esteve ()

Revista de Analisis Economico – Economic Analysis Review, 2004, vol. 19, issue 1, 3-29

Abstract: In this paper we use a endogenous growth model with productive public capital to investigate the degree to which observed Spanish fiscal policies can account for slowdown in the growth rates of labor productivity since 1970. The model implies a long-run relationship exists between the labor productivity, the ratio of public-to-private capital, the average tax rate, and the stock of private capital per employee. The model is estimated for Spanish economy, using annual data for the period 1964-1997.

Keywords: crecimiento; productividad del trabajo; política fiscal; capital público; capital privado; impuestos; cointegración; series temporales (search for similar items in EconPapers)
JEL-codes: E62 H54 O40 (search for similar items in EconPapers)
Date: 2004
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