This paper provides an empirical evaluation of the three main arguments proposed by Blanchard (2007) in a recent article on the evolution of the Portuguese economy during the last decade, with special regard to the dynamics of international trade and unemployment. Our time-series evidence supports two out of the three arguments.
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Article provided by Economics Bulletin in its journal Economics Bulletin.
Find related papers by JEL classification: F4 - International Economics - - Macroeconomic Aspects of International Trade and Finance C3 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables
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