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Railroad Impact in Backward Economies: Spain, 1850-1913
Herranz Loncán, Alfonso
Universitat de Barcelona
This article reassesses the economic impact of Spanish railroads in 1850-1913, which has been usually considered to be substantially higher than in the most developed countries on the basis of the social saving methodology. The application of growth accounting techniques shows, by contrast, that the direct contribution of railroads to economic growth was lower in Spain than in the UK, mainly due to the low importance that railroad transport had within Spanish GDP before 1913.
Ferrocarrils
Història econòmica
Espanya
Política ferroviària
Política de transports
Infraestructures (Transport)
Railroads
Economic history
Spain
Railroads and state
Transportation and state
Transportation buildings
, 2006
Article
Economic History Association
         

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