scholarly journals DESENVOLVEMENTO ECONÓMICO REXIONAL DE ESPAÑA, 1986-2013: 25 ANOS DE EVOLUCIÓN

2017 ◽  
Vol 26 (2) ◽  
pp. 143-154
Author(s):  
María-Carmen GUISÁN

Neste estudo presentamos unha síntese da evolución do desenvolvementoeconómico rexional de España durante 25 anos no período 1986-2013. Malia que oincremento tanto do emprego non agrario como da renda real por habitante foi positivoen todas as Comunidades Autónomas, hai que constatar que moitas rexións poderían terexperimentado un incremento maior de renda real por habitante se as políticaseconómicas, tanto a nivel rexional, como nacional e europeo, apoiaran en maior medida odesenvolvemento industrial. Isto débese a que a evidencia empírica amosa a importanciadas leis de Kaldor, con respecto aos efectos positivos que a industria ten sobre os sectoresde servizos e outros sectores produtivos, incrementando a produtividade xeral e a rendaper cápita. No conxunto de España o incremento da renda real producida por habitantesuperou os 4000 euros a prezos constantes do ano 2000. Destacan, con incrementossuperiores á media nacional, as seguintes Comunidades Autónomas: Aragón, Castela eLeón, Cataluña, Galicia, Madrid, Navarra e País Vasco. Preséntase tamén unhacomparación do conxunto de España con outros países da OCDE e destácase a necesidadede recuperar e impulsar o desenvolvemento industrial en moitas rexións españolas.In this study we present a synthesis of the evolution of the regional economicdevelopment of Spain for 25 years in the period 1986-2013. Although the increase in nonagriculturalemployment and real per capita income has been positive in all AutonomousCommunities, it should be noted that many regions may have experienced a higherincrease in per capita real income if economic policies, both at the regional as national andEuropean levels, would have been more supportive of industrial development. This isbecause the empirical evidence shows the importance of Kaldor's laws with regards to thepositive effects that industry has on the service sectors and other productive sectors,increasing overall productivity and per capita income. In the whole of Spain, the increasein real income produced per inhabitant, for the period 1995-2010, exceeded 4000 Eurosat constant prices in the year 2000. The following Autonomous Communities stand out ashaving had increases higher than the national average: Aragon, Castile and Leon,Catalonia, Galicia, Madrid, Navarre and the Basque Country. This study also presents acomparison of economic development between Spain and other OECD countries, for thisperiod, and highlights the need to recover and boost industrial development in manyregions of Spain.

2016 ◽  
Vol 10 (2-3) ◽  
pp. 131-139
Author(s):  
Morris Altman

One of the early key empirical findings of the happiness literature is that at higher levels of per capita real income there appears to be diminishing returns to income at least with regards to marginal changes in ‘happiness’ measured by various survey instruments. Although these results have been recently challenged, these earlier findings and the results of many contemporary studies suggest that an inelastic relationship exists between real per capita income and happiness after a relatively low threshold of per capita income is reached. Appling some of the results of prospect theory I argue that even if it were true that the marginal effect of income on happiness is zero, a reduction in income would probably reduce the level of happiness, yielding a kink in the ‘happiness curve’. Also, applying a target income approach to the happiness literature, one can argue that pursuing higher target income, in itself, is a means of increasing life satisfaction. These two theoretical instruments yield results consistent with some of the most recent empirical finding based on Gallup Poll Survey data. In addition, applying insights from the capabilities approach, I argue, that increasing income is a means of purchasing the capabilities to increase individual levels of happiness through the production of public goods, such as health care and education. A given marginal increase in income need not generate any increase in happiness if this income increase is highly unequally distributed in a population or is not used to purchase goods and services that contribute to increases in the level of happiness.


2017 ◽  
Vol 26 (1) ◽  
pp. 105-116
Author(s):  
María-Carmen GUISÁN

No período 2007-2013 a economía de Galicia e de España experimentou unha diminuciónde produción e emprego seguida dunha lixeira recuperación no período 2014-2017. Estarecuperación é bienvida pero non é suficiente para impulsar o desenvolvementoeconómico, porque a produción industrial por habitante non está experimentando anecesaria converxencia cara niveis de rexións e países máis avanzados. Para impulsar ocrecemento simultáneo da renda real por habitante e do nivel de emprego, Galicia eEspaña precisan dun incremento importante da renda real producida nos sectoresindustriais. Neste informe destacamos o papel da industria, o turismo e o capital humanono desenvolvemento rexional. Galicia experimentou no período 1996-2008 un incrementoimportante da renda per cápita industrial, ata acadar a converxencia coa media española,pero experimentou un estancamento, como o conxunto de España, no período 2008-2015,lonxe dos niveis de rexións españolas e europeas de maior nivel de desenvolvementoindustrial.In the period 2007-2013 the economy of Galicia and Spain experienced a decrease inproduction and employment followed by a slight recovery in the period 2014-2017. Thisrecovery is welcome but not sufficient to boost economic development, because industrialproduction per inhabitant is not experiencing the necessary convergence towards moreadvanced regions and countries. In order to boost the simultaneous growth of real percapita income and the level of employment, Galicia and Spain need a significant increase inthe real income produced in the industrial sectors. In this report we highlight the role ofthe tourism industry and human capital in regional development. In the period 1996-2008, Galicia experienced a significant increase in industrial per capita income, until itreached convergence with the Spanish average, but it experienced a stagnation, togetherwith Spain as a whole, in the period 2008-2015, far from the levels of the Spanish andEuropean regions with a higher level of industrial development.


1973 ◽  
Vol 33 (1) ◽  
pp. 106-130 ◽  
Author(s):  
Joseph D. Reid

On the eve of the Civil War southern per capita real income was eighty percent of northern. Treating slaves as property, real income per free southerner was four percent greater and growing at the same rate as its northern counterpart. Southern per capita income was but fifty-one percent of the national average in 1880, and only slowly began to relatively advance after 1900.


2016 ◽  
Vol 12 (3) ◽  
pp. 185-194
Author(s):  
Rekha Sanjeev Acharya ◽  
Vishakha Shreesh Kutumbale

Economists agree that governance is one of the critical factors explaining the divergence in performance across regions / countries.  Whenever any economy undergoes profound economic changes, it is implicitly presumed that the benefits of economic growth will automatically trickle down to poor and reduce income inequality across regions. As a result positive changes will be reflected in the form of increased employment opportunities, good standard of living and low rate of total economic crime and so on. As observed by the UNDP (1997) report that result of good governance is development that gives priority to poor, advances the cause of women, sustains the environment and creates needed opportunities for employment and other livelihoods. Therefore the phenomena of good governance are usually explained in the form of economic policies in decision making processes that must contribute to reduction in all types of inequalities across regions.On the contrary, studies on economic growth and development highlighted that the major problems of developing countries are unequal income distribution and low growth rate, which affects their welfare aspects.  Early works done by Anderson (1964) and Aaron (1967) showed that there was an inverse relationship between growth and income distribution. However, Kaufmann, et al. (1999a, 1999b, 2002) indicated a strong causal relationship running from good governance to an increasing level of per capita income and other social outcomes. Thus we see the concept of good Governance is multifaceted and encompasses different element of the state and the society. Our study shows that throughout the country although there has been an increase in per capita income (measured in terms of net state domestic product NSDP, over the decade (2000-2011) but the differences emerged in terms of increase in total economic crime and employment opportunities. With the help of Lorenz Curve, we have depicted significant inequality between income and total economic crime rate. Similarly, inequality also observed for per capita employment opportunity generation for all Indian states. The coefficient of variation for per capita income and per capita employment opportunity has increased by more than 10 per cent over the decade. Whereas for total economic crime, there has been a fall in coefficient of variation for more than 13 per cent which indicate that there has been consistency in total economic crime. Our study strongly advocates that Indian economic policies fail to translate its impact in the form of good governance because it has increased inequalities across Indian states.Key Words: Polarization, good governance, Economic Crime, NSDP, Lorenz Curve, inequalities


Author(s):  
Frank T. Denton ◽  
Byron G. Spencer

Immigration is a possible instrument for offsetting longer-run adverse effects of population aging on per capita income. Our “laboratory” is a fictitious country Alpha to which we assign demographic characteristics typical of a country experiencing population aging. Si-mulations indicate that a very high immigration rate with heavy concentration in younger working ages might be required to keep per capita income from declining. More rapid produc-tivity growth would also offset population aging as would higher rates of labour participation of older people. Longer life expectancy, taken alone, would lower per capita real income, as would higher fertility rates.


1973 ◽  
Vol 12 (4) ◽  
pp. 433-437
Author(s):  
Sarfaraz Khan Qureshi

In the Summer 1973 issue of the Pakistan Development Review, Mr. Mohammad Ghaffar Chaudhry [1] has dealt with two very important issues relating to the intersectoral tax equity and the intrasectoral tax equity within the agricultural sector in Pakistan. Using a simple criterion for vertical tax equity that implies that the tax rate rises with per capita income such that the ratio of revenue to income rises at the same percentage rate as per capita income, Mr. Chaudhry found that the agricultural sector is overtaxed in Pakistan. Mr. Chaudhry further found that the land tax is a regressive levy with respect to the farm size. Both findings, if valid, have important policy implications. In this note we argue that the validity of the findings on intersectoral tax equity depends on the treatment of water rate as tax rather than the price of a service provided by the Government and on the shifting assumptions regard¬ing the indirect taxes on imports and domestic production levied by the Central Government. The relevance of the findings on the intrasectoral tax burden would have been more obvious if the tax liability was related to income from land per capita.


1993 ◽  
Vol 32 (4I) ◽  
pp. 411-431
Author(s):  
Hans-Rimbert Hemmer

The current rapid population growth in many developing countries is the result of an historical process in the course of which mortality rates have fallen significantly but birthrates have remained constant or fallen only slightly. Whereas, in industrial countries, the drop in mortality rates, triggered by improvements in nutrition and progress in medicine and hygiene, was a reaction to economic development, which ensured that despite the concomitant growth in population no economic difficulties arose (the gross national product (GNP) grew faster than the population so that per capita income (PCI) continued to rise), the drop in mortality rates to be observed in developing countries over the last 60 years has been the result of exogenous influences: to a large degree the developing countries have imported the advances made in industrial countries in the fields of medicine and hygiene. Thus, the drop in mortality rates has not been the product of economic development; rather, it has occurred in isolation from it, thereby leading to a rise in population unaccompanied by economic growth. Growth in GNP has not kept pace with population growth: as a result, per capita income in many developing countries has stagnated or fallen. Mortality rates in developing countries are still higher than those in industrial countries, but the gap is closing appreciably. Ultimately, this gap is not due to differences in medical or hygienic know-how but to economic bottlenecks (e.g. malnutrition, access to health services)


This paper focuses upon the magnitude of income-based poverty among non-farm households in rural Punjab. Based on the primary survey, a sample of 440 rural non-farm households were taken from 44 sampled villages located in all 22 districts of Punjab.The poverty was estimated on the basis of income level. For measuring poverty, various methods/criteria (Expert Group Criteria, World Bank Method and State Per Capita Income Criterion) were used. On the basis of Expert Group Income criterion, overall, less than one-third of the persons of rural non-farm household categories are observed to be poor. On the basis, 40 percent State Per Capita Income Criteria, around three-fourth of the persons of all rural non-farm household categories are falling underneath poverty line. Similarly, the occurrence of the poverty, on the basis of 50 percent State Per Capita Income Criteria, showed that nearly four-fifths of the persons are considered to be poor. As per World Bank’s $ 1.90 per day, overall, less than one-fifth of rural non-farm household persons are poor. Slightly, less than one-fourth of the persons are belonging to self-employment category, while, slightly, less than one-tenth falling in-service category. On the basis of $ 3.10 per day criteria, overall, less than two-fifth persons of all rural non-farm household categories were living below the poverty line.


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