Prices Revisited: Their Effects on Industrial Structure

B. Cabrer, D. Contreras and A. Sancho

Economic Systems Research, 1998, vol. 10, issue 1, 31-44

Abstract: In January 1986, Spain became a member of the European Economic Community (now the European Union). This had two major effects on the Spanish economy: first, the introduction of a new tax, i. e. value-added tax; second, the variation of foreign trade taxes. The new situation produced considerable changes throughout the Spanish economy, but the main effect was on the country's industrial structure. Therefore, the objective of this paper is to verify how Spain's industrial production system was affected by these two facts, in view of price variations induced by the circumstances mentioned. We present the analysis at the regional level.

Keywords: Industrial structure; import goods; price effect; productive process (search for similar items in EconPapers)
Date: 1998
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DOI: 10.1080/09535319800000004

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