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Foreign direct investment (FDI) has played a major role in the deep process of transformation experienced by the Spanish economy since the first 1960s, which even intensified, following the integration with the now European Union in 1986. This paper aims to analyse the long-run effects of FDI in Spain by estimating a production function including the foreign capital stock over the period 1964–2013.

The author estimates a production function including the foreign capital stock over the period 1964–2013, from which the contributions of the different explanatory variables on the accumulated growth of gross domestic product (GDP) are computed. Next, the author tested for the possible presence of structural change in the previously estimated equation, by means of the tests of Bai and Perron, re-estimating the production function for the different subperiods delimited by the structural breaks found. Finally, the analysis is completed by performing Granger-causality tests on the variables GDP and foreign capital stock in a multivariate setting.

The author finds a significant contribution of foreign capital on the accumulated growth of GDP over the period of analysis, which seems however to have been greater during the first years of the period analysed. Foreign capital can play a positive role in the economic growth of an economy, provided that FDI inflows are stable and permanent enough, but this effect on growth seems to be more important in the first stages of a growth process.

The author presents a comprehensive analysis of the relationship between FDI and growth for a particular country, which seems to be a more promising empirical approach rather than the approach based on panel regressions, where sometimes some dissimilar experiences are added together. The Spanish economy can provide a relevant case study, given the substantial process of growth it enjoyed starting from the early 1960s, characterized by the arrival of vast inflows of foreign capital.

The purpose of this paper is to analyze the phenomenon of work from eight different and subsidiary perspectives: physiological, cultural, spiritual, ideological, economic, political, legal and psychosocial.

This study is based on an exploratory quantitative survey with a probability sample composed of 407 cases. The bibliographic review resulted from several readings about the phenomenon of work and the impacts arising from these different perspectives.

The analysis of the data collected confirmed that the meaning and the sense of work are multifaceted. The authors also found that work is an important source of reflection and learning in people’s life. The research instrument promoted thinking and analysis of the participants’ careers. The research process resulted in mutual and interactive learning of investigators and investigation.

The data collection came from a single source: a written questionnaire. This limits the scope of the data and raises interpretative discussion concerning the contents of the answers. For future reference, the authors suggest to complement it with different techniques of data collection, associating qualitative and quantitative approaches.

The main contributions of the paper are, on the one hand, the effort of synthetizing and recording eight different categories of analysis of the multiple and possible meanings of work, which were elaborated using the available literature, and on the other hand, to understand and analyze those categories using the perception of a numerically meaningful sample of the public, coming from different backgrounds.

The purpose of this paper is to propose a guideline for future studies so that they could choose with increased awareness the initial perspectives at the basis of the analyses. This study could encourage continuity and provide greater incentives on this increasingly relevant subject.

After analyzing the data, it was acknowledged that work cannot be seen from a single perspective, but it must be viewed in its multifaceted character and sense. The published material on the meanings of work usually focuses on specific professions and careers, the authors argue that this fact limits the scope of perspectives and interpretations of the phenomenon.