Measuring Productivity of the Spanish Defence Industry

Abstract

This paper analyses the determinants of productivity and its evolution over time, of the main sectors that conform the Spanish defence industry. The analysis is based on the selection of factors that describe the situation of the industrial sectors. As inputs, the following are used: direct sales to the Spanish Ministry of Defence and international defence sales. From the output side the number of employees. The data is a panel for the period over 2010-2017. According to the results obtained, the sectors show a variation in productivity with a tight increasing trend of 0.4%.