Relaciones de intercambio sectoriales y desarrollo industrial. España, 1954-1972

Mª Teresa Sanchís LLopis


This paper offers a sectorial approach to the trend of Spanish prices during the 1950s and 1960s, the period of most rapid income growth and consolidation of the industrialization process in Spain. We have done this through a revision of the implicit sectorial deflators obtained from the interlinked data series made up from the National Accounts. The final aim is to highlight, through an analysis of the determining factors in the modernization of the relative price structure, the costly sectorial imbalances under which industrial development was achieved in the 1960s.

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