Growth in the ‘Cohesion Countries’: the Irish tortoise and the Portuguese hare, 1979-2002
The deepening of economic and financial integration in the European Union has led to different responses from the group of ‘cohesion’ countries. Ireland and Portugal stand out as the two extreme examples, as Ireland caught-up to the forerunners very rapidly after the launching of EMU, in 1992, whereas Portugal lost ground. This paper looks at structural shifts in order to explain the different performances of the two economies. We conclude that Portugal’s labour productivity lag was the outcome of a less favourable structure of employment; that differences in the structure of employment are not clustered in specific industries; and that such structural differences are associated with different factor endowments, namely physical and human capital.
|Date of creation:||Mar 2006|
|Contact details of provider:|| Postal: Campus Universitario de Santiago, 3810-193 Aveiro|
Phone: +351 234 370 361
Fax: +351 234 370 215
Web page: http://www.ua.pt/degeit/
More information through EDIRC
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.:
- J. E. Birnie & D. M. W. N. Hitchens, 1998. "Productivity and Income Per Capita Convergence in a Peripheral European Economy: The Irish Experience," Regional Studies, Taylor & Francis Journals, vol. 32(3), pages 223-234.
- Henrekson, Magnus & Torstensson, Rasha, 1996.
"Growth Effects of European Integration,"
CEPR Discussion Papers
1465, C.E.P.R. Discussion Papers.
- Magnus Henrekson & Johan Torstensson & Rasha Torstensson,, "undated". "Growth Effects of European Integration," Discussion Papers 96/1, University of Nottingham, CREDIT.
- Henrekson, Magnus & Torstensson, Johan & Torstensson, Rasha, 1995. "Growth Effects of European Integration," Working Paper Series 439, Research Institute of Industrial Economics.
- Frank Barry, 2000. "Foreign direct investment, cost competitiveness and the transformation of the Irish economy," Development Southern Africa, Taylor & Francis Journals, vol. 17(3), pages 289-305.
- Frank Barry & John Bradley & Aoife Hannan, 2001. "The Single Market, the Structural Funds and Ireland's Recent Economic Growth," Journal of Common Market Studies, Wiley Blackwell, vol. 39(3), pages 537-552, 09.
- Davies, Stephen & Rondi, Laura & Sembenelli, Alessandro, 2001. "European Integration and the Changing Structure of EU Manufacturing, 1987-1993," Industrial and Corporate Change, Oxford University Press, vol. 10(1), pages 37-75, March.
- Frank Barry, 2003. "Economic Integration and Convergence Processes in the EU Cohesion Countries," Journal of Common Market Studies, Wiley Blackwell, vol. 41(5), pages 897-921, December.
- repec:eme:jespps:v:24:y:1997:i:1/2:p:43-58 is not listed on IDEAS
- Pedro Pita Barros, 2002. "Convergence and information technologies - the experience of Greece, Portugal and Spain," Applied Economics Letters, Taylor & Francis Journals, vol. 9(10), pages 675-680.
- Patrick Honohan & Brendan M. Walsh, 2002.
"Catching up with the leaders : the Irish hare,"
Open Access publications
10197/1596, School of Economics, University College Dublin.
- Krugman, Paul & Venables, Anthony J, 1993.
"Integration, Specialization and Adjustment,"
CEPR Discussion Papers
886, C.E.P.R. Discussion Papers.
- Frank Barry, 1996. "Peripherality in Economic Geography and Modern Growth Theory: Evidence from Ireland's Adjustment to Free Trade," The World Economy, Wiley Blackwell, vol. 19(3), pages 345-365, 05.
- Timmer, Marcel P. & Szirmai, Adam, 2000. "Productivity growth in Asian manufacturing: the structural bonus hypothesis examined," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 371-392, December.
- Cassidy, Mark, 2004. "Productivity in Ireland: Trends and Issues," Quarterly Bulletin Articles, Central Bank of Ireland, pages 83-105, April.
- Lains, Pedro, 2003. "Catching up to the European core: Portuguese economic growth, 1910-1990," Explorations in Economic History, Elsevier, vol. 40(4), pages 369-386, October.
When requesting a correction, please mention this item's handle: RePEc:ave:wpaper:372006. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Marta Ferreira Dias)
If references are entirely missing, you can add them using this form.