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Spanish Economic Growth, 1850–2015

Spanish Economic Growth, 1850–2015

by Leandro Prados de la Escosura


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Book Description

This text offers a comprehensive and nuanced view of the economic development of Spain since 1850. It provides a new set of historical GDP estimates for Spain from the demand and supply sides, and presents a reconstruction of production and expenditure series for the century prior to the introduction of modern national accounts. The author splices available national accounts sets over the period 1958–2015 through interpolation, as an alternative to conventional retropolation. The resulting national accounts series are linked to the historical estimates providing yearly series for GDP and its components since 1850. On the basis of new population estimates, the author derives GDP per head, decomposed into labour productivity and the amount of work per person, and placed into international perspective.

With theoretical reasoning and historiographical implications, Prados de la Escosura provides a useful methodological reference work for anyone interested in national accounting.

'This book stands among the classics for the Kuznetian paradigm in empirical economics. This is the definitive study of Spain's transition to a modern economy.'

—Patrick Karl O'Brien, Emeritus Fellow at St. Antony's College, the University of Oxford, UK, and Professor Emeritus of Global Economic History at the London School of Economics and Political Science, UK

'The definitive account of Spanish economic growth since 1850, based firmly on a magisterial reconstruction of that country's national accounts and an unrivalled knowledge of both Spanish and global economic history of the period.'

—Stephen Broadberry, Professor of Economic History at Nuffield College, the University of Oxford, UK

This open book is licensed under a Creative Commons License (CC BY). You can download Spanish Economic Growth, 1850–2015 ebook for free in PDF format (5.3 MB).

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Book Details

Subject
Economics and Finance
Publisher
Palgrave Macmillan
Published
2017
Pages
400
Edition
1
Language
English
ISBN13
9783319580418
ISBN10
3319580418
ISBN13 Digital
9783319580425
ISBN10 Digital
3319580426
PDF Size
5.3 MB
License
CC BY

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