Konferenzbeitrag

Evaluating the optimality of Spanish industry (1980-1993)

This paper tests whether Spanish industry adjusted the amount of inputs and output to those considered optimal given their prices in each time period. With this aim, we use the short- and long-run equilibrium models given by duality theory, and we apply the optimality tests derived from them for the case of Spanish manufactures from 1980 to 1993. The results obtained point to a disequilibrium in manufactures' behaviour, although it has been vanishing through the period under consideration.

Language
Englisch

Bibliographic citation
Series: 42nd Congress of the European Regional Science Association: "From Industry to Advanced Services - Perspectives of European Metropolitan Regions", August 27th - 31st, 2002, Dortmund, Germany

Classification
Wirtschaft

Event
Geistige Schöpfung
(who)
Moreno, Rosina
Lopez-Bazo, Enrique
Artis, Manuel
Event
Veröffentlichung
(who)
European Regional Science Association (ERSA)
(where)
Louvain-la-Neuve
(when)
2002

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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Object type

  • Konferenzbeitrag

Associated

  • Moreno, Rosina
  • Lopez-Bazo, Enrique
  • Artis, Manuel
  • European Regional Science Association (ERSA)

Time of origin

  • 2002

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