Evaluating the optimality of Spanish industry (1980-1993)

Rosina Moreno (), Enrique Lopez-Bazo and Manuel Artís

ERSA conference papers from European Regional Science Association

Abstract: This paper tests whether Spanish industry adjusted the amount of inputs and output to those considered optimal given their prices in each time period. With this aim, we use the short- and long-run equilibrium models given by duality theory, and we apply the optimality tests derived from them for the case of Spanish manufactures from 1980 to 1993. The results obtained point to a disequilibrium in manufactures' behaviour, although it has been vanishing through the period under consideration.

Date: 2002-08
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www-sre.wu.ac.at/ersa/ersaconfs/ersa02/cd-rom/papers/353.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:wiw:wiwrsa:ersa02p353

Access Statistics for this paper

More papers in ERSA conference papers from European Regional Science Association Welthandelsplatz 1, 1020 Vienna, Austria.
Bibliographic data for series maintained by Gunther Maier ().