%0 Journal Article
%T Pol -tica Fiscal y Productividad del Trabajo en la Econom -a Espa ¡Àola: Un An  lisis de Series Temporales
%A Vicente Esteve
%J Revista de An¨¢lisis Econ¨®mico (RAE)
%D 2004
%I Georgetown University, Universidad Alberto Hurtado
%X In this paper we use a endogenous growth model with productive publicpar capital to investigate the degree to which observed Spanish fiscal poli-cies can account for slowdown in the growth rates of labor productivity since 1970. The model implies a long-run relationship exists between the labor productivity, the ratio of public-to-private capital, the average tax rate, and the stock of private capital per employee. The model is estimated for Spanish economy, using annual data for the period 1964-1997.
%U http://www.rae-ear.org/index.php/rae/article/view/33