The Employment Impact of Differences in Dmand and Production



Figure 16: Decomposition of Employment Change in the VIS among Final Demand,
Labour Productivity and Structural Change, Spain 1995 - 1980

10000

5000

0

-5000

-10000




1 ^∩∩∩ -
-15000

TOTAL

MANUFACTURING

WHOLESALE AND
RETAIL TRADE;
REPAIRS

HOTELS AND
RESTAURANTS

TRANSPORT AND
STORAGE

POST AND

TELECOMMUNICATIONS

FINANCE, INSURANCE

REAL ESTATE,
BUSINESS SERVICES

COMMUNITY, SOCIAL
AND PERSONAL
SERVICES

■ PROD

-11042,4454

-2863,3284

-2474,6852

-862,1634

-206,1967

-177,8746

-236,4902

-8736,9401

■ DEM

9498,3826

2757,5652

3274,152

755,1624

232,9105

308,411

697,5173

8903,0836

DINT_IND_INTD

945,8143

336,4832

-445,5448

18,6006

19,1298

-134,714

25,7027

403,3802

Total Manufacturing comprises: Agriculture (ISIC 1), Mining and Quarrying (ISIC 2), Manufacturing (ISIC3), Public Utilities (ISIC 4), and Construction

(ISIC 5).

PRD: Productivity Growth Effect (Dark Shade, negative), DEM: Demand Growth Effect (Dark Shade, positive), INT_IND_INTD : Effects of Changes in the Inter-
Industry Linkages (pale shade).

69



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