Market potential and regional economic growth in Spain (1860–1930)

Abstract

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Why Did Spanish Regions Not Converge Before the Civil War? Agglomeration Economies and (Regional) Growth Revisited

“…(2010) and Martínez-Galarraga et al . (2015) extend the analysis to the determinants of regional income inequality. Rosés et al .…”

“…Additionally, Martínez-Galarraga et al . (2015) find a direct relationship between market potential and regional economic growth in the early decades of the 20 th century. Bearing all this in mind, the present study allows us to analyse the hypothesis that seems to derive from these papers.…”

New economic geography and economic history: a survey of recent contributions through the lens of the Spanish industrialization process

“…There are two papers that explore the relationship between the presence of agglomeration economies and regional economic growth in Spain during the period 1860-1930, examining whether the existence of agglomeration economies could explain this upswing in regional income inequality during the early stages of development. Following Ottaviano and Pinelli (2006), Martinez-Galarraga et al (2015) find a direct relationship between market potential and regional economic growth in the early decades of the twentieth century. Likewise Díez-Minguela et al ( 2016), following Brülhart and Sbergami (2009), find that, in line with the NEG models, agglomeration economies in a context of market integration increased regional inequality in the second half of the nineteenth century and hindered its reduction during the early decades of the twentieth.…”

Accounting for Spanish Economic Development 1850-2019

“…Rosés et al (2010) argue that the initial industrialization of Spain was concentrated in some few regions, but since 1900 manufacturing production spread to others many locations. Martínez-Galarraga et al (2015), using parametric and non-parametric techniques, argue that the construction of new transport networks coupled with changes in trade policies drove economic integration of Spanish regions, which boosted economic growth and stabilized per capita income disparities between 1900 and 1930.…”