Territorial Imbalances in Spain
Keywords:
Desequilibrios territoriales, crecimiento económico, política regional, convergencia económica regionalAbstract
This paper analyses the regional disparities in GDP per capita in Spain during the period from 1955 to
1998. A factoring of Theil’s index is held to reveal that the principal factor to any explanation would in this
be regional inequalities. A shift-share analysis demonstrates that the less-developed regions’ lower productivity
is not to be explained by a different productive structure but, rather, by their lower productivity in all
sectors. Given the positive relationship that exists between endowment with certain types of capital and subsequent
productivity, an analysis was undertaken of regional endowment and disparity in the same as to infrastructure,
this along with both human and technological capital being taken into account. In general
terms, this makes apparent that the least-endowed regional economies have lower productivity rates. These
results when coupled with the foreseeable increase in territorial imbalances that EU enlargement will
bring about, indicate that any cohesion policy had best continue to concentrate on the regions and be aimed
at promoting the decisive factors involved in any real convergence.
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Copyright (c) 2004 María Ángeles Sánchez Domínguez
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