Construction industry in Spain, is it guilty of the current crisis?

This article presents an analysis of the construction sector in Spain over the last decade. Several indicators are constructed based on Input-Output tables that demonstrate that the importance attributed to this sector does not correspond to its true role in the overall Spanish economy. Although it...

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Published inApplied economics Vol. 47; no. 37; pp. 3994 - 4006
Main Authors Alonso-Nuez, Mª Jesús, Flores-García, Mónica, Muñoz-Porcar, Antonio
Format Journal Article
LanguageEnglish
Published London Routledge 09.08.2015
Taylor & Francis Ltd
Subjects
construction
Construction industry
Economic development
Economic indicators
Financial theory
Industrial sector
Industry
Input output analysis
Input-Output
Input-output tables
Market economy
Political economy
Spain
Studies
Spain
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Abstract This article presents an analysis of the construction sector in Spain over the last decade. Several indicators are constructed based on Input-Output tables that demonstrate that the importance attributed to this sector does not correspond to its true role in the overall Spanish economy. Although it is true that the construction industry is important for other sectors of the economy, it is also true that the sector shows indicators that are average for the Spanish economy and lower than those of the industrial sector.
AbstractList This article presents an analysis of the construction sector in Spain over the last decade. Several indicators are constructed based on Input-Output tables that demonstrate that the importance attributed to this sector does not correspond to its true role in the overall Spanish economy. Although it is true that the construction industry is important for other sectors of the economy, it is also true that the sector shows indicators that are average for the Spanish economy and lower than those of the industrial sector.
This article presents an analysis of the construction sector in Spain over the last decade. Several indicators are constructed based on Input-Output tables that demonstrate that the importance attributed to this sector does not correspond to its true role in the overall Spanish economy. Although it is true that the construction industry is important for other sectors of the economy, it is also true that the sector shows indicators that are average for the Spanish economy and lower than those of the industrial sector. Reprinted by permission of Routledge, Taylor and Francis Ltd.
Author Alonso-Nuez, Mª Jesús
Flores-García, Mónica
Muñoz-Porcar, Antonio
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Snippet This article presents an analysis of the construction sector in Spain over the last decade. Several indicators are constructed based on Input-Output tables...
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StartPage 3994
SubjectTerms construction
Construction industry
Economic development
Economic indicators
Financial theory
Industrial sector
Industry
Input output analysis
Input-Output
Input-output tables
Market economy
Political economy
Spain
Studies
Title Construction industry in Spain, is it guilty of the current crisis?
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