Biblioteca de la Universidad Complutense de Madrid

Housing investment in Spain: has it been the main engine of growth?

Impacto



Cosculluela Martínez, Carolina y Flores de Frutos, Rafael (2010) Housing investment in Spain: has it been the main engine of growth? [ Documentos de trabajo del Instituto Complutense de Análisis Económico; nº 1003, ] (No publicado)

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URL Oficial: http://eprints.ucm.es/11737/




Resumen

This paper studies dynamic responses of employment and GDP growth to a permanent, uni-tary shock in the housing capital stock for the Spanish economy. It quantifies the importance of this variable in the boom experienced by the Spanish economy during the pre-crisis years. Results confirm that building industry has been the most important engine for output and labour growth.


Tipo de documento:Documento de trabajo o Informe técnico
Información Adicional:

CÓDIGOS JEL: C32, H54, C51, C53, E22

Palabras clave:Housing capital stock, Spanish economy, Building industry, Labour growth, Stock de Capital, Capital vivienda, Empleo, Producto Interior Bruto, Crecimiento, Inversión, Growth, Investment, Gross Domestic Product, Labour, Housing Capital, Capital Stock.
Materias:Ciencias Sociales > Economía > Crisis económicas
Ciencias Sociales > Economía > Trabajo
Ciencias Sociales > Economía > Economía industrial
Título de serie o colección:Documentos de trabajo del Instituto Complutense de Análisis Económico
Volumen:
Número:1003
Código ID:11737
Referencias:

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Depositado:03 Dic 2010 09:29
Última Modificación:15 Nov 2013 10:49

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