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Labour Costs and External Competitiveness of the Andalusian Economy (2007-2014)

Authors

CARDENETE FLORES, MANUEL ALEJANDRO, DELGADO LÓPEZ, MARÍA DEL CARMEN, MOLERO SIMARRO, RICARDO

External publication

No

Means

Rev. Estud. Andal.

Scope

Article

Nature

Científica

JCR Quartile

SJR Quartile

Publication date

01/01/2017

ISI

000423288800003

Abstract

The aim of this paper is to analyse the evolution of Andalusian economy's external competitiveness. For that purpose, two main research dimensions are examined: first, the relationship between unit labour costs and Andalusia's export performance at an aggregate level; second, indicators of both business, and public sector behaviour in the determinant areas of the regional competitive position at a microeconomic level. The analysis of the evolution of the variables in the economy will be carried out in comparison with several surrounding economies and regions. The results suggest that despite the strong downward trend followed by labour costs, at the moment, the crisis has not become an opportunity to substantially improve the positioning of the regional economy.

Keywords

Unit labour costs; external competitiveness; Andalusia