Regional growth and convergence in Spain: Is the decentralisation model important?

Hernández-Salmerón, E. Macarena; Usabiaga, Carlos

doi:10.1556/032.2017.67.3.5

Cited by 3 publications

(1 citation statement)

References 30 publications

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“…Concerning the spatial dynamics of economic growth, Rodrı´guez-Pose and Ezcurra (2010) demonstrate that decentralisation in high income countries has, if anything, been linked with a reduction of regional inequality in per capita regional GDP. However, results of the most recent and exhaustive research on this issue for Spain, for the period 1980-2104, are inconclusive (Herna´ndez-Salmero´n and Usabiaga, 2016).…”

Section: To Conclude: Lessons From the Spanish Decentralisation Processmentioning

confidence: 99%

Spanish fiscal decentralization: A successful (but still unfinished) process

Peñas

Fernández-Leiceaga

Vaquero-García

2017

Environment and Planning C: Politics and Space

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Both fiscal and political decentralization have been a worldwide trend in recent decades. Spain is probably the best example of this evolution, insofar as it became one of the most decentralized countries in the world in just over three decades, departing for a highly centralized institutional framework. This paper aims to conduct a detailed analysis of this process, focusing on the fiscal aspects. While we show the successful aspects, we also point out its shortcomings and failures. Those lessons from Spain can be very useful for centralized or low decentralized countries involved in designing institutional reforms to become more decentralized. Our second aim is to review the way in which the Spanish sub-central levels of government have responded to the so-called “Great recession”. Again, Spain is a good laboratory for what actually works and what does not in the area of stability and fiscal sustainability in decentralized states, for two reasons. First, it is by far the country which has suffered the brunt of the economic and financial crisis most acutely among those with a federal structure. And second, subsequent different solutions for tackling the fiscal crisis of sub-central governments have been tested.

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Section: To Conclude: Lessons From the Spanish Decentralisation Processmentioning

confidence: 99%

Spanish fiscal decentralization: A successful (but still unfinished) process

Peñas

Fernández-Leiceaga

Vaquero-García

2017

Environment and Planning C: Politics and Space

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Sectoral–regional resilience and productive specialization: a comparison among the last three crises

Sánchez,

Cuadrado-Roura

2024

Ann Reg Sci

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The objective of this paper is to compare the economic resilience of industries and regions along the last four decades, which include the three last major crises for the advanced countries (90s, Great Recession in 2007 and recent COVID-19 pandemic). Productive structure and sectoral specialization are introduced as explaining factor for the different regional behaviors. For this purpose, we estimate both resilience and specialization indices based on employment data. To analyze the relationship between specialization and resilience, a cross-sectional descriptive analysis is complemented by a panel data model that includes some controls. Finally, a regional shift-share analysis contributes to exert some other regional effects affecting economic resilience. The results of this research show some continuities and other significant changes in the regional impact of crises from one to the next. Although there are other effects to have played a role, results show economic specialization is found to have exerted influence on the recovery of certain regions during this period. Recovery periods differ from each crisis and the results might be affected for this dimensionality limitation. Due to the characteristics of the database, the study includes only six sectors. However, general results are generalizable to other regions as the response of employment growth to crises is similar in many advanced regions and specialization patterns does not significantly differ among regions. The paper carries a structural long-term comparison between the last major crises for Spanish regions, which clearly differentiates one from another in their causes and effects. We introduce specialization to explain the different regional resilience patterns. Methodologically, we estimate both sectoral and regional resilience indices for these three crises and relate this resilience to specialization and other explaining factors.

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The economic resilience of the Spanish provinces: From recession to recovery

Villaverde

Maza

2020

Acta Oeconomica

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The purpose of this paper is to analyse the economic resilience of Spanish provinces and help to explain why some of them are much more resilient than others. To do so, the paper focuses on the recent, 2007–2009 economic crisis and computes a composite indicator (Resilience) made up of two sub-indicators: one for the recession period (Drop) and the other for the recovery period (Rebound). Then, it suggests some factors affecting resilience and, due to the presence of spatial dependence, applies a spatial econometric approach to assess them. The main conclusions are that the level of Resilience depends negatively on the shares of the construction and manufacturing sectors in GDP, and positively on the share of services and the openness degree. As for the Drop, it is important to stress that human capital emerges as a variable that has contributed to minimise the negative effect of the crisis.

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Regional growth and convergence in Spain: Is the decentralisation model important?

Cited by 3 publications

References 30 publications

Spanish fiscal decentralization: A successful (but still unfinished) process

Spanish fiscal decentralization: A successful (but still unfinished) process

Sectoral–regional resilience and productive specialization: a comparison among the last three crises

The economic resilience of the Spanish provinces: From recession to recovery

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