Application of Keynesian theory and new economic geography in Portugal. An alternative analysis
AbstractThis work aims to test the Verdoorn Law, with the alternative specifications of (1)Kaldor (1966), for five Portuguese regions (NUTS II) from 1986 to 1994. It is intended to test, even in this work, the alternative interpretation of (2)Rowthorn (1975) of the Verdoorn's Law for the same regions and periods. The results of this work will be complemented with estimates of these relationships to other sectors of the economy than the industry (agriculture and services sectors) and for the total economy of each region. This work aims, yet, to study the Portuguese regional agglomeration process, using the linear form the New Economic Geography models that emphasize the importance of spatial factors (distance, costs of transport and communication) in explaining of the concentration of economic activity in certain locations. In a theoretical context, it is intended, also, to explain the complementarily of clustering models, associated with the New Economic Geography, and polarization associated with the Keynesian tradition, describing the mechanisms by which these processes are based.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 32999.
Date of creation: 2011
Date of revision:
agglomeration; polarization; Portuguese regions; linear models;
Find related papers by JEL classification:
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
- R12 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Size and Spatial Distributions of Regional Economic Activity; Interregional Trade (economic geography)
- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
This paper has been announced in the following NEP Reports:
- NEP-ALL-2011-09-05 (All new papers)
- NEP-GEO-2011-09-05 (Economic Geography)
- NEP-URE-2011-09-05 (Urban & Real Estate Economics)
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Martinho, Vítor João Pereira Domingues, 2011.
"Regional agglomeration in Portugal: a linear analysis,"
32337, University Library of Munich, Germany.
- Vitor Joao Pereira Domingues Martinho, 2011. "Regional Agglomeration in Portugal: A Linear Analysis," Papers 1110.5559, arXiv.org.
- Vitor Joao Pereira Domingues Martinho, 2011.
"The Verdoorn Law in the Portuguese Regions: A Panel Data Analysis,"
- Martinho, Vítor João Pereira Domingues, 2011. "The Verdoorn law in the Portuguese regions: a panel data analysis," MPRA Paper 32186, University Library of Munich, Germany.
- Gordon H. Hanson, 1994.
"Regional Adjustment to Trade Liberalization,"
NBER Working Papers
4713, National Bureau of Economic Research, Inc.
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