Drivers of Spain's Export Performance and the Role of the Labor Market Reforms /

Spain's export performance strengthened after the global financial crisis, and exports now represent more than a third of GDP. This paper argues that several factors contributed to that achievement: external demand, supported by greater diversification of destination markets; enhanced export or...

Ամբողջական նկարագրություն

Մատենագիտական մանրամասներ
Հիմնական հեղինակ: Salas, Jorge
Ձևաչափ: Ամսագիր
Լեզու:English
Հրապարակվել է: Washington, D.C. : International Monetary Fund, 2018.
Շարք:IMF Working Papers; Working Paper ; No. 2018/283
Առցանց հասանելիություն:Full text available on IMF
Նկարագրություն
Ամփոփում:Spain's export performance strengthened after the global financial crisis, and exports now represent more than a third of GDP. This paper argues that several factors contributed to that achievement: external demand, supported by greater diversification of destination markets; enhanced export orientation of Spanish firms, partly as a response to lower domestic demand after the crisis; and competitiveness gains, reflecting in part changes in the labor market following structural reforms adopted in 2010 and 2012. Based on cross-country panel regressions linking real export growth to employment protection indicators, those labor market reforms are estimated to account for nearly one-tenth to above one-quarter of Spain's total export growth rate from 2010 to 2013.
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Ֆիզիկական նկարագրություն:1 online resource (23 pages)
Ձևաչափ:Mode of access: Internet
ISSN:1018-5941
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