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Evolucion de la Economia Portuguesa, 1946-2000: crecimiento, salarios y empleo

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  • Guisan, M.Carmen
  • Padrao, R.

Abstract

This article presents an analysis of the evolution of the Portuguese economy during the second half of the 20th century, having into account the stages of its evolution, and a comparison with Ireland, Spain and other European countries. We stand out the positive impact of human capital and EU membership for industrial development and external trade of Portugal. We present some econometric models to analyse the evolution of real value-added and employment in non-agrarian sectors during the periods 1990-99 and 1960-2000. In spite of the positive trends it is outstanding that the Portuguese economy needs to foster human capital and industrial development in order to increase real wages and income per inhabitant, following the model of the Irish economy.

Suggested Citation

  • Guisan, M.Carmen & Padrao, R., 2003. "Evolucion de la Economia Portuguesa, 1946-2000: crecimiento, salarios y empleo," Economic Development 69, University of Santiago de Compostela. Faculty of Economics and Business. Econometrics..
    • Handle: RePEc:eaa:ecodev:69
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    References listed on IDEAS

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    1. Barro, Robert J & Lee, Jong Wha, 1996. "International Measures of Schooling Years and Schooling Quality," American Economic Review, American Economic Association, vol. 86(2), pages 218-223, May.
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    More about this item

    JEL classification:

    • C51 - Mathematical and Quantitative Methods - - Econometric Modeling - - - Model Construction and Estimation
    • E12 - Macroeconomics and Monetary Economics - - General Aggregative Models - - - Keynes; Keynesian; Post-Keynesian; Modern Monetary Theory
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • F15 - International Economics - - Trade - - - Economic Integration
    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
    • O52 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Europe

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