Comparative advantage, factor endowments and trade of Spanish regions with European Union
Andrés Artal,
Juana Castillo and
Francisco Requena Silvente
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Andrés Artal: Universidad Politécnica de Cartagena
INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, 2006, issue 8, 85-104
Abstract:
This paper investigates the factor content of international trade of the Spanish regions with the EU-15, using the available regional Input-Output Tables around 1995. The results indicate that Spanish regions exhibit a revealed comparative advantage in line with the predictions of the factor proportions theory. All the regions but Asturias, Balearic Islands, Canary Islands, Catalonia, Madrid y Vasc Country are net exporters of land. There is a mix of regions that are net exporters of physical capital according to their level of development: Aragón, Canary Islands, Catalonia, Extremadura, Madrid and Galicia. Finally, only three regions, Aragon, Navarra and Vasc Country, are net exporters of human capital.
Keywords: Factorial proportions model; regional trade; Europe Union (search for similar items in EconPapers)
JEL-codes: F11 F14 (search for similar items in EconPapers)
Date: 2006
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Persistent link: https://EconPapers.repec.org/RePEc:ris:invreg:0154
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