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Productivity's development in the Basque Economy during the period 1985-1994

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  • Oguiza Tovar, Ainhoa

Abstract

[EN] The aim of this paper is to analyse the development of Basque Country's economy's productivity in the period 1985-1994 and, identify which are the factors that decide that evolution. We specify a Cobb-Douglas production function and with the availabe dataset, we use a panel to estimate it considering the fixed-effects model. The results obtained show a labor's productivity increase along the whole period in addition to the downturn in employment. Finally, labor's qualification has a positive effect on basque economy's added value.

Suggested Citation

  • Oguiza Tovar, Ainhoa, 1998. "Productivity's development in the Basque Economy during the period 1985-1994," BILTOKI 1134-8984, Universidad del País Vasco - Departamento de Economía Aplicada III (Econometría y Estadística).
    • Handle: RePEc:ehu:biltok:5923
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    File URL: https://addi.ehu.es/handle/10810/5923
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    References listed on IDEAS

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    1. Matilde Mas & Joaquin Maudos & Francisco Perez & Ezequiel Uriel, 1996. "Infrastructures and Productivity in the Spanish Regions," Regional Studies, Taylor & Francis Journals, vol. 30(7), pages 641-649.
    2. Hall, Bronwyn H. & Mairesse, Jacques, 1995. "Exploring the relationship between R&D and productivity in French manufacturing firms," Journal of Econometrics, Elsevier, vol. 65(1), pages 263-293, January.
    3. Aschauer, David Alan, 1989. "Is public expenditure productive?," Journal of Monetary Economics, Elsevier, vol. 23(2), pages 177-200, March.
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