Spain-2015 in the context of the out of recession
DOI:
https://doi.org/10.14422/icade.i96.y2015.001Keywords:
economic analysis, social sccounting matrices, economic forecast.Abstract
This paper describes the context in which Spain is out of recession. For this, we have carried out an analysis of the structure of the Spanish economy, in order to analyse the effects of the economic crisis on the Spanish productive structure. To do this, the information provided by the Social Accounting Matrix (SAM) is used. Social Accounting Matrices describe the circular flow of income in an economy and provide the statistical basis for the analysis and identification of the most important sectors of the economy, called key sectors. The methodology will be a linear model MCS through multiplier analysis, identifying the most important productive sectors in Spain. Finally, as an initiative to know what happened with the economic growth at the end of 2015 and for 2016 in Spain, we have analysed the economic forecasts in two different works, ensuring both of them, the exit from the crisis and the beginning of a period of economic growth.
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