Para garantizarle una navegación por nuestra web segura y de calidad, le informamos que utilizamos Cookies. Si está de acuerdo clique ACEPTAR. Puede bloquear o eliminar las cookies instaladas en su equipo mediante la configuración de las opciones del navegador. Para más información consulte nuestra Política de Cookies
Acepto
Instituto Valenciano de Investigaciones Económicas

News

The small size of firms in the Valencian Community may explain their low productivity levels

As seen in previous AVE Focus documents, labor productivity levels in the Valencian Community are below the national average, due to a lower level of investment in R&D&I, human capital and transport infrastructure. In addition, firms in the Valencian Community are smaller on average than Spanish firms. Employment by large firms as a percentage of total employment in the Valencian economy is 20% below that of the national average, while micro firms generate 43% of employment, two percentage points more than in Spain overall. The smaller size of Valencian firms is also reflected in the fact that the number of employees per company is 7% lower than the Spanish average. The difference with Spain regarding firm size is greatest in the services sector. Within this context, it is important to remove potential barriers to business growth, such as labor, administrative and fiscal hurdles, as these prevent Spain from moving towards a single competitive market in goods and services.

7 October 2019