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The impact of the tertiarization process in Spanish economic growth from a regional perspective

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  • Dolores Genaro
  • Elías Melchor

Abstract

The article focuses on the impact that the growth of the service sector has had on the economic growth of the Spanish regions. Thus, the study tries to define regional groupings in order to identify different modalities of regional growth. As a result of the cluster analysis, we propose the groupings and analyse the beta-convergence in per capita GDP and in terms of the degree of tertiarization in the Spanish regions. Taking these groups as our starting point, a data panel model with fixed effects is applied and the study concludes that mainly capital stock and capital productivity in market services explain to a great extent the growth in per capita GDP in the Spanish regions.

Suggested Citation

  • Dolores Genaro & Elías Melchor, 2008. "The impact of the tertiarization process in Spanish economic growth from a regional perspective," The Service Industries Journal, Taylor & Francis Journals, vol. 30(3), pages 359-374, May.
    • Handle: RePEc:taf:servic:v:30:y:2008:i:3:p:359-374
    DOI: 10.1080/02642060802236129
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    References listed on IDEAS

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    1. Goerlich Gisbert Francisco J. & Mas Ivars Matilde, 2002. "La evolución económica de las provincias españolas (1955-1998). Volumen II, Desigualdad y convergencia," Books, Fundacion BBVA / BBVA Foundation, edition 2, number 201125, October.
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