Ranking the Spanish regions according to their resilience capacity during 1965–2011

Ferran Navinés, Jose Perez-Montiel, Carles Manera and Javier Franconetti
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Ferran Navinés: Universitat de les Illes Balears
Carles Manera: Universitat de les Illes Balears
Javier Franconetti: Universitat de les Illes Balears

The Annals of Regional Science, 2023, vol. 71, issue 2, No 6, 415-435

Abstract: Abstract We rank the economic resilience capacity of the 17 Spanish regions by observing the evolution of the components of the rate of profit. To this aim, we analyze the differential evolution of the two components of the profit rate: (i) the productivity of capital and (ii) the gross operating surplus share on national income. The first component rests on the dynamics of aggregate demand and technical efficiency, while the second one informs on the dynamics of income distribution. We consider that the dynamics of these two variables are relevant to rank the economic resilience capacity of the Spanish regions.

JEL-codes: E01 N14 O47 (search for similar items in EconPapers)
Date: 2023
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DOI: 10.1007/s00168-022-01171-5

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