Cuadrado-Roura Regional Policy, Economic Growth and Convergence

Lessons from the Spanish Case
1. Auflage 2009
ISBN: 978-3-642-02178-7
Verlag: Springer
Format: PDF
Kopierschutz: 1 - PDF Watermark

E-Book, Englisch, 311 Seiten

Many European, Latin American and Asian countries have experience with regional policies aiming to reduce regional disparities in GDP per capita and/or to develop problem regions helping to recover from its GDP decrease. Spain represents, without any doubt, a very rich and interesting case-study regarding regional problems and regional development policies. The aim of this book is not only to analyze the regional policies practiced, their objectives, instruments and effects, but to provide an in-depth analysis on the impact of investments in infrastructure, human capital and other factors, as well as the advances accomplished in terms of productivity, convergence and regional competitiveness. The book particularly wants to impart knowledge, which can be useful for other countries' policy makers, as well as for academics, researchers and consultants. The contributions selected have been written by prestigious Spanish academics, most of them also having practical experience in the field.

Autoren/Hrsg.

Cuadrado-Roura, Juan R.

Inhaltsverzeichnis

2;Preface;5
3;Contents;6
4;Contributors;8
5;Part I The Spanish Experiences of Regional Policies;11
5.1;Chapter 1 Spain as a Case-Study: Regional Problems and Policies;12
5.1.1;1.1 Introduction;12
5.1.2;1.2 Spain, a Country with a long History of Regional Self-Government;14
5.1.3;1.3 Industrialization and Regional Imbalances;18
5.1.4;1.4 A Radical Change in Past Approaches: The State of the Autonomous Regions and a Regional Policy Based on the EU Criteria;25
5.1.5;1.5 Final Note;26
5.1.6;References;26
5.2;Chapter 2 Regional Economy and Policy in Spain (1960–1975);28
5.2.1;2.1 Introduction: Objectives and Approach;28
5.2.2;2.2 From the Primo de Rivera Dictatorship to the Early Years of the Franco’s Regime;29
5.2.3;2.3 Regional Economy and Policy in 1960–1975;37
5.2.4;2.4 Theory and Practise of Development Poles in Spain;47
5.2.5;2.5 The Role Reserved for Public Companies and other Policies with a Regional Impact in the 1960–1975 Period;53
5.2.6;2.6 Summary;58
5.2.7;References;60
5.3;Chapter 3 The Evolution of Spanish Regional Policy, 1977–2008;61
5.3.1;3.1 An Overview of the Spanish Economy Evolution Between 1977 and 2008;62
5.3.2;3.2 Spanish Regional Policy Within the European Union (1975–2006);65
5.3.3;3.3 Regional Policy in the Current Programming Period (2007–2013): The Difficult Balance of Sharing Fewer Resources Among More Countries;72
5.3.4;3.4 The Instruments Used in the Spanish Regional Policy;79
5.3.5;3.5 Some Relevant Results of Regional Policy in Spain;84
5.3.6;References;87
5.4;Part II;88
6;Part II Regional Growth, Structural Changes and Convergence;88
6.1;Chapter 4 Macroeconomic Effects of the European Cohesion Policy in the Spanish Economy;90
6.1.1;4.1 Introduction;90
6.1.2;4.2 Methodology;91
6.1.3;4.3 European Cohesion Policy Towards Spain;97
6.1.4;4.4 Ex-post 1989–2006 Evaluation;101
6.1.5;4.5 Ex-ante 2007–2013 Evaluation;102
6.1.6;4.6 Concluding Remarks;104
6.1.7;References;105
6.2;Chapter 5 The Spanish Regional Puzzle: Convergence, Divergence and Structural Change;107
6.2.1;5.1 The Evolution of Regional Disparities in Relative Terms: GDP Per Capita and Productivity;109
6.2.2;5.2 Regional Divergence in Absolute Terms: GDP, Employment and Population;115
6.2.3;5.3 Structural Change of the Spanish Economy and Its Regional Impact;117
6.2.4;5.4 Regional Convergence and Structural Change;119
6.2.5;5.5 Final Remarks;125
6.2.6;References;127
6.3;Chapter 6 The Sources of Spanish Regional Growth;129
6.3.1;6.1 Spain’s Growth;132
6.3.2;6.2 Labour Productivity in Spanish Regions;136
6.3.3;6.3 Regional Convergence;145
6.3.4;6.4 Conclusions;149
6.3.5;References;150
6.4;Chapter 7 Regional Productivity Convergence and Changes in the Productive Structure;153
6.4.1;7.1 Introduction: Approach and Research Hypothesis;153
6.4.2;7.2 Data and Methodological Issues;157
6.4.3;7.3 Main Results;159
6.4.4;7.4 Final Remarks;169
6.4.5;ANNEX: Regional Convergence in Spain: Specialisation Index;170
6.4.6;References;172
6.5;Chapter 8 Infrastructure Investment, Growth, and Regional Convergence in Spain;175
6.5.1;8.1 Introduction;175
6.5.2;8.2 Infrastructure Investment in Spain;176
6.5.3;8.3 A Model of Growth and Employment;180
6.5.4;8.4 The Contribution of Infrastructure Investment to Output and Employment Growth;182
6.5.5;8.5 Infrastructure Investment and the Distribution of Income Across Regions;184
6.5.6;8.6 Conclusion;187
6.5.7;Appendix: Detailed Results;188
6.5.8;References;189
6.6;Chapter 9 Public Capital Effects and Regional Spillover in Spain;190
6.6.1;9.1 Introduction;190
6.6.2;9.2 The Effects of Public Capital in the Literature;193
6.6.3;9.3 Regional Data and Analysis of the main Macroeconomic Figures;195
6.6.4;9.4 Empirical Methodology and Econometric Estimation;198
6.6.5;9.5 Results;204
6.6.6;9.6 Conclusions;209
6.6.7;References;210
6.7;Chapter 10 Supply and Use of Human Capital in the Spanish Regions;213
6.7.1;10.1 Introduction;213
6.7.2;10.2 Human Capital in Spain and Its Regions;214
6.7.3;10.3 Degree of Use of Human Capital;219
6.7.4;10.4 Returns to Human Capital;226
6.7.5;10.5 Conclusions;232
6.7.6;References;233
6.8;Chapter 11 Inequality and Welfare in Intra-Territorial Income Distribution;234
6.8.1;11.1 Introduction;234
6.8.2;11.2 Data and Methodological Decisions;236
6.8.3;11.3 Inequality in Intra-Territorial Income Distribution;241
6.8.4;11.4 Convergence in Inequality Levels;247
6.8.5;11.5 Regional Differences in Social Welfare;253
6.8.6;11.6 Conclusions;258
6.8.7;References;259
6.9;Chapter 12 The Competiveness of the Spanish Regions;261
6.9.1;12.1 What Does Competitiveness Mean?;261
6.9.2;12.2 Two Approaches to Competitiveness: Prices and Costs Versus Productivity;263
6.9.3;12.3 Regions and Competitiveness;265
6.9.4;12.4 Indicators of Regional Competitiveness Based on Results;266
6.9.5;12.5 Indicators of Competitiveness Based on Causal Factors;274
6.9.6;12.6 The Spanish Regions and the Labour Market;279
6.9.7;12.7 Conclusions;282
6.9.8;References;283
6.10;Chapter 13 Regional Growth and Regional Policies: Lessons from the Spanish Experience;285
6.10.1;13.1 About the Regional Policies Applied: From Diversity and Variability to a More Clear Ranking of Objectives, Tools and Policies;286
6.10.2;13.2 The Factors of Regional Growth and of Productivity: Some Lessons to be Drawn from the Spanish Experience;294
6.10.3;13.3 There is Convergence, but Towards Where? And, How?;298
6.10.4;13.4 The Investment in Infrastructures, Its Contribution to Convergence and the Spillover Effects;301
6.10.5;13.5 The Strong Promotion to Human Capital Generation and the Historical Resistance of the Existing Differences;304
6.10.6;13.6 Is it Possible to Talk of Regional “Competitiveness”? Why is it Important?;307
6.10.7;13.7 Facing a New Economic Scenario, with Many More Uncertainties than Certainties;309
6.10.8;References;310