Abstract

CALVO-BERNARDINO, Antonio; MINGORANCE-ARNAIZ, Ana Cristina  and  BERMEJILLO-IBANEZ, Carolina Loreto. COULD THE SAME POLICIES BE APPLIED IN ALL THE SPANISH AUTONOMOUS COMMUNITIES? EMPIRICAL ANALYSIS FROM THE PATTERN OF POTENTIAL GROWTH IN REGIONS WITH SIMILAR PRODUCTION STRUCTURES. Innovar [online]. 2016, vol.26, n.61, pp.25-44. ISSN 0121-5051.  https://doi.org/10.15446/innovar.v26n61.57118.

In a context of crisis and economic globalization there are many countries experiencing tensions with other regions demanding autonomy to implement their own economic policies. This paper attempts to shed some light on such debate by analyzing the case of Spain. First, through a cluster analysis, we review whether there are differences in the economic structures among some communities. Secondly, we analyze the growth pattern for the more stable regions during the last 50 years. In addition, we will depict the possible behavior in a medium-term future as long as no major changes occur, except for a technology catching-up process with leading world economic powers. These considerations will contribute to understand if regional differences can be justified from an economic point of view, or if a more homogeneous economic policy is necessary.

Clasificación JEL: R11, O11, O40.

Keywords : Potential growth; growth model; Spain; Autonomous Communities..

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