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RESEARCH PRODUCT

Is Spain a lumpy country? A dynamic analysis of the ‘lens condition’

Juana CastilloFrancisco Requena SilventeAndrés Artal

subject

Geographic distributionEconomics and EconometricsEconomySpecialization (functional)Factor priceEconomicsFactors of productionLens (geology)Production (economics)Economic geography

description

We implement the ‘lens condition’ of Deardoff (1994) to investigate whether lumpiness, an excessively uneven geographic distribution of production factors, is large enough to allow for regional specialization of production at different factor prices. Using data from 50 Spanish provinces over the period 1964 to 2001, we show that Spain evolved from being a lumpy economy to a state where lumpiness no longer mattered.

https://doi.org/10.1080/13504850600735288