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Política fiscal y productividad del trabajo en la economía española: un análisis de series temporales

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  • Vicente Esteve

    (Universidad de Valencia)

Abstract

In this paper we use a endogenous growth model with productive public capital to investigate the degree to which observed Spanish fiscal policies can account for slowdown in the growth rates of labor productivity since 1970. The model implies a long-run relationship exists between the labor productivity, the ratio of public-to-private capital, the average tax rate, and the stock of private capital per employee. The model is estimated for Spanish economy, using annual data for the period 1964-1997.

Suggested Citation

  • Vicente Esteve, 2004. "Política fiscal y productividad del trabajo en la economía española: un análisis de series temporales," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 19(1), pages 3-29, June.
    • Handle: RePEc:ila:anaeco:v:19:y:2004:i:1:p:3-29
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    1. Vicente Esteve, 2004. "Política fiscal y productividad del trabajo en la economía española: un análisis de series temporales," Revista de Analisis Economico – Economic Analysis Review, Universidad Alberto Hurtado/School of Economics and Business, vol. 19(1), pages 3-29, June.

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    More about this item

    Keywords

    crecimiento; productividad del trabajo; política fiscal; capital público; capital privado; impuestos; cointegración; series temporales;
    All these keywords.

    JEL classification:

    • E62 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Fiscal Policy; Modern Monetary Theory
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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