This book traces regional income inequality in Spain during the
transition from a pre-industrial society to a modern economy, using the
Spanish case to shed further light on the challenges that emerging
economies are facing today. Regional inequality is currently one of the
most pressing problems in the European Union, and this text presents a
novel dataset covering 150 years to analyse long-run trends in regional
per capita GDP.
Spatial clustering and a new economic geography approach also contribute
to the historical analysis provided, which points to the role played by
spatial externalities and their growing relevance over time. To identify
the presence of spatial dependence is crucial, not only for getting a
better understanding of distribution dynamics, but also for economic
policy purposes.
What are the potential causes behind the disparities in regional per
capita income and productivity? The authors answer this by comparing
results with evidence available for other countries, chiefly France,
Italy and Portugal, but is of global relevance.