What said the economic theory about Portugal
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, also 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 and for the total economy of each region. This work aims, yet, to study the Portuguese regional agglomeration process, using the linear form of the New Economic Geography models. 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. The aim of this paper is, yet, to present a further contribution to the analysis of absolute convergence, associated with the neoclassical theory, of the sectoral productivity at regional level. Presenting some empirical evidence of absolute convergence of productivity for each of the economic sectors in each of the regions of mainland Portugal (NUTS II) in the period 1986 to 1994.
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Bibliographic InfoPaper provided by University Library of Munich, Germany in its series MPRA Paper with number 33021.
Date of creation: 2011
Date of revision:
agglomeration; polarization; convergence; Portuguese regions; panel data;
Find related papers by JEL classification:
- R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
- O18 - Economic Development, Technological Change, and Growth - - Economic Development - - - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
- C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
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- 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.
"Sectoral Convergence in Output Per Worker Between Portuguese Regions,"
- Martinho, Vítor João Pereira Domingues, 2011. "Sectoral convergence in output per worker between Portuguese regions," MPRA Paper 32269, University Library of Munich, Germany.
- Gordon H. Hanson, 1994.
"Regional Adjustment to Trade Liberalization,"
NBER Working Papers
4713, National Bureau of Economic Research, Inc.
- 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.
- Islam, Nazrul, 1995. "Growth Empirics: A Panel Data Approach," The Quarterly Journal of Economics, MIT Press, vol. 110(4), pages 1127-70, November.
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