Industrial Sector In Spain
Páginas: 7 (1707 palabras)
Publicado: 1 de noviembre de 2012
INDUSTRIAL SECTOR IN SPAIN
1. INTRODUCTION
The economic growth and the industrialization are terms used with frecuency.
The work productivity, base in the income per capita, is higher in the industry and grow faster, susceptible to incorporate technical progress.
The industrial development need not only physical capital, human and technology, it needs a higher amount of qualityservices too.
2. DELIMITATION AND CLASIFICATION
Industrial activities have the mission of transforming natural resources by physical or chemical processes.
The groups most common are the demand, that depends on the dynamism of the markets and the offer, attending to the factors that controls the production efficiency and the competitiveness.
We can distinguish between activities ofhigher, medium or weak demand. The incorporation of a type of activity in one of these groups is based on the income-elasticity of its demand.
Strong demand has a recent development or and need higher innovation.
The weak demand will have a less favorable market for their progress than other ones focused on a strong demand. That doesn’t means that it industry can’t reach a similardevelopment, it will depend on the efficiency of the market.
It is useful to know the elements that determine the efficiency. Based on this are various classifications that can be made, one of them offered by the ODCE, which stands out from the other competitive factors technological effort designed to gain new and different products and more efficient production processes.
It is committed to a mixedclassification, distinguishing between demand activities and high technological content, medium and low.
In the next chart you can see the caracterization of the Spanish manufactures by 2009
[pic]
In this chart, you can see the importance of the manufactures in the economy between 1985 and 2010.
[pic]
You can see that the total VAB is higherin 1985 (current prices and constant prices) employment is higher in 1985, the total exports are higher in 1995 and the total imports in 1995 too.
3. SECTOR EVOLUTION
The comparison of the growth of the industry affirms that, since 1985 the contribution of the industry to the Spanish development has been reduced in terms of VAB and employee.
Progressive reduction ofindustrial activity has raised concerns about a possible de-industrialization of the economy. The concern has been increased by successive relocations during the last years.
The next graphic show the weight of the manufactures in the total VAB between 1985 and 2009. (%)
[pic]
In Spain, France, United Kingdom, Germany and Italy was a decrease of the manufactures weight since 1988. In 1995,Germany start to grow a little, but in 2007 decrease again.
Some causes of the deindustrialization are:
The contraction in the participation of manufacturing in VAB is expressed in real terms substantially less than in VAB at current prices and employment.
The progressive internationalization of the services by the industrial companies.
The change in the competitive environment andthe intensification of the competence from developing countries facing the manufacturing of advanced countries have assumed an increasing share of domestic demand, satisfied with imports
The gradual internationalization of industrial companies that are expressed in both exports and manufactured imports had increased their weight in GDP.
This is a relative de-industrialization, the growthof industry in the reference period is high, although lower than the overall economy. It has a profile similar to this one since early 2000 when it displays a certain difficulty to grow.
Economy growth has arisen as a result of the reduction of the trade barriers, that some of the most frequent supply shocks, such as rising wages and price of services, the currency appreciation and the rising...
1. INTRODUCTION
The economic growth and the industrialization are terms used with frecuency.
The work productivity, base in the income per capita, is higher in the industry and grow faster, susceptible to incorporate technical progress.
The industrial development need not only physical capital, human and technology, it needs a higher amount of qualityservices too.
2. DELIMITATION AND CLASIFICATION
Industrial activities have the mission of transforming natural resources by physical or chemical processes.
The groups most common are the demand, that depends on the dynamism of the markets and the offer, attending to the factors that controls the production efficiency and the competitiveness.
We can distinguish between activities ofhigher, medium or weak demand. The incorporation of a type of activity in one of these groups is based on the income-elasticity of its demand.
Strong demand has a recent development or and need higher innovation.
The weak demand will have a less favorable market for their progress than other ones focused on a strong demand. That doesn’t means that it industry can’t reach a similardevelopment, it will depend on the efficiency of the market.
It is useful to know the elements that determine the efficiency. Based on this are various classifications that can be made, one of them offered by the ODCE, which stands out from the other competitive factors technological effort designed to gain new and different products and more efficient production processes.
It is committed to a mixedclassification, distinguishing between demand activities and high technological content, medium and low.
In the next chart you can see the caracterization of the Spanish manufactures by 2009
[pic]
In this chart, you can see the importance of the manufactures in the economy between 1985 and 2010.
[pic]
You can see that the total VAB is higherin 1985 (current prices and constant prices) employment is higher in 1985, the total exports are higher in 1995 and the total imports in 1995 too.
3. SECTOR EVOLUTION
The comparison of the growth of the industry affirms that, since 1985 the contribution of the industry to the Spanish development has been reduced in terms of VAB and employee.
Progressive reduction ofindustrial activity has raised concerns about a possible de-industrialization of the economy. The concern has been increased by successive relocations during the last years.
The next graphic show the weight of the manufactures in the total VAB between 1985 and 2009. (%)
[pic]
In Spain, France, United Kingdom, Germany and Italy was a decrease of the manufactures weight since 1988. In 1995,Germany start to grow a little, but in 2007 decrease again.
Some causes of the deindustrialization are:
The contraction in the participation of manufacturing in VAB is expressed in real terms substantially less than in VAB at current prices and employment.
The progressive internationalization of the services by the industrial companies.
The change in the competitive environment andthe intensification of the competence from developing countries facing the manufacturing of advanced countries have assumed an increasing share of domestic demand, satisfied with imports
The gradual internationalization of industrial companies that are expressed in both exports and manufactured imports had increased their weight in GDP.
This is a relative de-industrialization, the growthof industry in the reference period is high, although lower than the overall economy. It has a profile similar to this one since early 2000 when it displays a certain difficulty to grow.
Economy growth has arisen as a result of the reduction of the trade barriers, that some of the most frequent supply shocks, such as rising wages and price of services, the currency appreciation and the rising...
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