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Capitalización y crecimiento de la economía aragonesa, 1955-1997

Vicente Salas Fumás, Jaime Sanaú Villarroya

Social Sciences > Economics > Capitalization and Growth

This research has been carried out by the BBV Foundation and the Valencian Institute for Economic Research (IVIE). It demonstrates that starting in the late 1950s Aragon achieved a sustained growth in output that has improved the living standards of its population. Per capital output is today 85% of the European average, although in the cases of the provinces of Huesca and Teruel this has been more the result of a reduction in population, to the gain of Zaragoza, than to an increase in production in real terms. Aragon exports a significant proportion of its output, although most comes from specific sectors such as the automotive. The manufacture of automotive materials is the driver of the region’s economy.