Una interpretación del débil crecimiento de la economía alemana en el período 1995-2007

  1. Víctor Luque
  2. Enrique Palazuelos
Revue:
Revista de economía mundial

ISSN: 1576-0162

Année de publication: 2015

Número: 41

Pages: 159-180

Type: Article

D'autres publications dans: Revista de economía mundial

Résumé

This paper examines the characteristics of the processes of the productive transformation and slow growth which Germany went through between 1995 and 2007 by analysing a set of variables which connect the evolution of demand and the income distribution with productive structure. The analysis combines the study of aggregate economic behaviour to the disaggregated study of groups pertaining to productive branches. In this manner it is possible to observe large differences in almost all the analysed variables, which exist between evolution of the most technology-intensive manufactures and the rest of the branches. This analysis allows us to formulate an explanation of the way in which German economy went through a profound productive transformation and a slow growth process simultaneously, during the period preceding the global financial crisis.

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