Aimed at understanding some of the factors explaining the growth of GDP, in the Portuguese case, to understand the correlation and is degree, on the situation of our sample, we conclude that the general linear model (Manso 1998), despite being fairly simple, is suitable to our purpose. This conclusion is based on the results of econometric estimates. The exercise of quantifying the contribution of various factors to GDP growth, shows clearly that in Portugal, the productivity is very important for economic development through increased competitiveness internally and externally. Also shows that the balance of trade, still has a very negative role on the Portuguese economy, through the energy dependence and technology for the outdoors. Finally, the growth of portuguese GDP, continued to be driven mainly by the growth of private and public consumption, causing a certain effect of the illusion of certain economists, who thought that Portugal had a sustainable growth. 1
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
14531.
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