Work and capital in the Vizcaya mining

Authors

  • Antonio Escudero Universidad de Alicante

DOI:

https://doi.org/10.1344/rhi.v0i1.18151

Abstract

This article studies the late and unequal mechanization of the mining industry in Vizcaya from 1876 to 1936. The methods of working are described in the first part. They were labour-intensive unti1 First World War, and after 1920 the great firms purchased machinery. The second part presents a set of hypothesis about this process of mechanization, relating prices of mineral, relative prices of inputs and the prevailing patherm of small-scale ownership. The hypothesis are empirically tested in the third part of the article, which concludes relating mechanization, productivity and competitiveness of the sector.

Issue

Section

Articles