Abstract

JIMENEZ, Miguel Ángel Sánchez. Determinants of the competitiveness of the Spanish sector of industrial computing, 1995-2015: A panel data analysis. RISTI [online]. 2018, n.27, pp.52-66. ISSN 1646-9895.  https://doi.org/10.17013/risti.27.52-66.

The main aim of this research is to explain the factors that govern the competitive position of the sector of industrial computing in Spain during the period 1995-2015. To achieve this objective, we adopt the Shaikh (2016) theoretical approach of the absolute cost advantage, which postulates that the real terms of exchange between nations are regulated in the long term by the real unit labor costs of the companies from tradable goods sectors. The hypothesis of the research is that the competitive position of the Spanish sector of industrial computing is determined in the long term by the relative real unit labor costs. To test this hypothesis, unit root and cointegration tests are carried out, and the Granger causality test is applied.

Keywords : Absolute cost advantage; real terms of exchange; industrial computing; Spain; Eurozone.

        · abstract in Spanish     · text in Spanish     · Spanish ( pdf )