IDEAS home Printed from https://ideas.repec.org/a/taf/bushst/v51y2009i4p547-568.html
   My bibliography  Save this article

The restructuring of the Spanish integrated steel industry in the European panorama (1971-86): A lost opportunity

Author

Listed:
  • Pablo Diaz-Morlan
  • Antonio Escudero
  • Miguel Saez

Abstract

Spanish steelmaking policy in the 1970s and early 1980s was not especially different from that of the main European countries. The political transition was a tense experience that heightened the problems and made economic policy decisions harder to reach, but it did not cause a fundamental divergence from the rest of Europe. What made the steel restructuring policy fail and forced a new and costly restructuring in the 1990s, was the decision of the Socialist government, newly elected in 1982, to opt for maintaining the inland steelworks instead of the coastal steelworks. Its motives were related to the locations of these steelworks in socially and politically sensitive areas. The closure of Sagunto marked the end of the only real possibility of Spain having a competitive integrated steelworks in terms of its integration into Europe.

Suggested Citation

  • Pablo Diaz-Morlan & Antonio Escudero & Miguel Saez, 2009. "The restructuring of the Spanish integrated steel industry in the European panorama (1971-86): A lost opportunity," Business History, Taylor & Francis Journals, vol. 51(4), pages 547-568.
    • Handle: RePEc:taf:bushst:v:51:y:2009:i:4:p:547-568
    DOI: 10.1080/00076790902998496
    as

    Download full text from publisher

    File URL: http://www.tandfonline.com/doi/abs/10.1080/00076790902998496
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/00076790902998496?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Susan N. Houseman, 1991. "Industrial Restructuring with Job Security: The Case of European Steel," Books from Upjohn Press, W.E. Upjohn Institute for Employment Research, number snh1991, November.
    2. Eric Godelier, 2006. "Usinor - Arcelor, du local au global," Post-Print hal-00263067, HAL.
    3. Wolter, Frank, 1977. "Perspectives for the international location of the steel industry," Kiel Working Papers 60, Kiel Institute for the World Economy (IfW Kiel).
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Berumen, Sergio A., 2012. "Evaluación del impacto de la política de incentivos sectoriales en el desarrollo de los municipios mineros de Castilla y León," Journal of Economics, Finance and Administrative Science, Universidad ESAN, vol. 17(33), pages 15-30.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Felix FitzRoy & Kornelius Kraft, 2005. "Co‐determination, Efficiency and Productivity," British Journal of Industrial Relations, London School of Economics, vol. 43(2), pages 233-247, June.
    2. Wim Suyker & Henri de Groot, 2006. "China and the Dutch economy," CPB Document 127.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    3. Rebecca M. Blank & Richard B. Freeman, 1994. "Evaluating the Connection between Social Protection and Economic Flexibility," NBER Chapters, in: Social Protection versus Economic Flexibility: Is There a Trade-Off?, pages 21-42, National Bureau of Economic Research, Inc.
    4. Gerken, Egbert & Gross, Martin & Lächler, Ulrich, 1984. "The causes and consequences of steel subsidization in Germany," Kiel Working Papers 214, Kiel Institute for the World Economy (IfW Kiel).
    5. Mares, Isabela, 1996. "Firms and the welfare state: the emergence of new forms of unemployment," Discussion Papers, Research Unit: Economic Change and Employment FS I 96-308, WZB Berlin Social Science Center.
    6. Mary O'Sullivan, 1998. "The Political Economy of Corporate Governance in Germany," Macroeconomics 9805004, University Library of Munich, Germany.
    7. Free Huizinga & S. Smulders, 2009. "Varieties and the terms of trade," CPB Discussion Paper 127.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    8. Sebastian Edwards & Alejandra Cox Edwards, 2000. "Economic Reforms and Labor Markets: Policy Issues and Lessons from Chile," NBER Working Papers 7646, National Bureau of Economic Research, Inc.
    9. Jan Bonenkamp, 2005. "A comparison of catching-up premium rate models," CPB Memorandum 127.rdf, CPB Netherlands Bureau for Economic Policy Analysis.
    10. Kai Liu & Wen Liu, 2015. "The Development of EU Law in the Field of Occupational Health and Safety: A New Way of Thinking," Management and Labour Studies, XLRI Jamshedpur, School of Business Management & Human Resources, vol. 40(3-4), pages 207-238, August.
    11. Michael Moore, 1998. "European steel policies in the 1980s: Hindering technological innovation and market structure change?," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 134(1), pages 42-68, March.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:taf:bushst:v:51:y:2009:i:4:p:547-568. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/FBSH20 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.