Productivity's development in the Basque Economy during the period 1985-1994

[EN] The aim of this paper is to analyse the development of Basque Country's economy's productivity in the period 1985-1994 and, identify which are the factors that decide that evolution. We specify a Cobb-Douglas production function and with the availabe dataset, we use a panel to estimate it considering the fixed-effects model. The results obtained show a labor's productivity increase along the whole period in addition to the downturn in employment. Finally, labor's qualification has a positive effect on basque economy's added value.