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The Keynesian and the convergence theories in the Portuguese manufactured industry. Another approach

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  • Martinho, Vítor João Pereira Domingues

Abstract

The aim of this paper is to present a further contribution to the analysis of absolute convergence, associated with the neoclassical theory, of the manufactured industry productivity at regional level and for the period from 1995 to 1999. This work aims, also, to test the Verdoorn Law, with the alternative specifications of (1)Kaldor (1966), for the five Portuguese regions (NUTS II), from 1995 to 1999. It is intended to test, yet in this work, the alternative interpretation of (2)Rowthorn (1975) about the Verdoorn's Law for the same regions and period.

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File URL: http://mpra.ub.uni-muenchen.de/33373/
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Bibliographic Info

Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 33373.

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Date of creation: 2011
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Handle: RePEc:pra:mprapa:33373

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Keywords: Verdoorn law; convergence theories; panel data; manufactured industries; Portuguese regions;

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  1. Martinho, Vítor João Pereira Domingues, 2011. "Sectoral convergence in output per worker between Portuguese regions," MPRA Paper 32269, University Library of Munich, Germany.
  2. A. P. Thirlwall, 2007. "Regional Problems are "Balance-of-Payments" Problems," Regional Studies, Taylor & Francis Journals, Taylor & Francis Journals, vol. 41(sup1), pages S89-S95.
  3. 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.
  4. Islam, Nazrul, 1995. "Growth Empirics: A Panel Data Approach," The Quarterly Journal of Economics, MIT Press, MIT Press, vol. 110(4), pages 1127-70, November.
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