Spanish agri-food trade during the second wave of globalisation, 1951-2011
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comunitat-uji-handle3:10234/162050
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Spanish agri-food trade during the second wave of globalisation, 1951-2011Data de publicació
2015-04Publicat a
Historia agraria: Revista de agricultura e historia rural, nº 65, pp. 149-186Editor
Sociedad Española de Historia Agraria (SEHA)Resum
This study analyses the evolution of the agri-food trade during the time of greatest transformation of the Spanish economy, namely the second half of the twentieth century and the first decade of the twenty-first. ... [+]
This study analyses the evolution of the agri-food trade during the time of greatest transformation of the Spanish economy, namely the second half of the twentieth century and the first decade of the twenty-first. This involves an examination of the evolution of Spanish agri-food exports and imports from 1951 to 2011, along with the corresponding trade balance. Similarly, it details changes in the composition of foreign purchases and sales for this type of products, as a reflection of the underlying economic changes. For exports, an econometric exercise is performed to evaluate their main defining factors in the Spanish case. The results indicate a greater diversification and transformation of the products traded. These changes are explained at the microeconomic level by the improvement of income and variations in preferences, and at a macroeconomic level by the powerful effect of the integration of Spain into the EEC in 1986 and the development of the agri-food industry due to an expanding domestic market (home market effect). [-]