Productivity and its Determinants

Carmela Martín
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Carmela Martín: Jean Monnet Professor of European Integration, Universidad Complutense de Madrid

Chapter 2 in The Spanish Economy in the New Europe, 2000, pp 23-39 from Palgrave Macmillan

Abstract: Abstract Spain’s objective of convergence with the Community levels of per capita income can only be achieved if its economic growth is more rapid than that of the rest of its EU partners. To accomplish this goal, one almost indispensable condition is to heighten the efficiency of the use of the factors of production or, more precisely, to increase relative productivity.

Keywords: Human Capital; Labour Productivity; Capital Stock; Total Factor Productivity; Physical Capital (search for similar items in EconPapers)
Date: 2000
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-59710-5_3

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DOI: 10.1057/9780230597105_3

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