Small and medium-sized firms in the golden age of Spanish economy: A state of the issue

Authors

  • Leonardo Caruana
  • Carlos Larrinaga
  • Juan Manuel Matés

DOI:

https://doi.org/10.1016/j.ihe.2010.10.001

Keywords:

Small and medium firms, Industry, Spain 1959-1975, N64, N84, O1, O14

Abstract

The article is about the evolution of small and medium-sized firms in the period of the so called “desarrollismo” (1959-1975). We analyze the growth of these firms comparing the process to that of big Spanish firms in the same period. The data has been obtained from the information existent at the Instituto Nacional de Estadística about all the industrial sectors. One of the most interesting conclusions is related to the data from the INE about small and medium-sized firms, as it does not seem to agree with classical economic theory that considers big firms to be more efficient. The data sheds light on this matter very clearly. However, there still remain many aspects which are difficult to quantify, such as the impact of different industrial policies, the effects of tariffs and the quantification of the effects of regulations throughout all this period.

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How to Cite

Caruana, L., Larrinaga, C., & Matés, J. M. (2019). Small and medium-sized firms in the golden age of Spanish economy: A state of the issue. Investigaciones De Historia Económica, 7(2), 322–333. https://doi.org/10.1016/j.ihe.2010.10.001

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ARTICLES