The determinants of Spanish industrial exports to the European Union

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This paper investigates the determinants of trends in Spain's industrial exports to the other European Union countries by using a sectoral panel data approach. The results show that price elasticities of export demand differ widely among sectors. They also provide support to the idea that non-price factors have a significant influence on international competitiveness. In particular they show that technological and advertising effort have a significant effect not only on the evolution of exports but also on price elasticity.

Document Type: Research Article


Publication date: June 1, 1997

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