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Portugal: a Paradox in Productivity

Author

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  • Ricardo Pinheiro Alves

    (Gabinete Estratégia e Estudos Ministério Economia / Office for Strategy and Studies - Ministério da Economia / Ministry of Economy)

Abstract

Portugal is experiencing a larger slowdown of productivity growth than the one occurring in advanced economies. This paper aims to help understanding why convergence in productivity levels is not happening by considering its main determinants. It presents a set of different reasons for this slowdown and divergence with developed economies since the mid-1990s that are associated with an increasing misallocation of capital, labour and skills both at a sectorial and firm level.

Suggested Citation

  • Ricardo Pinheiro Alves, 2017. "Portugal: a Paradox in Productivity," GEE Papers 0070, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Jun 2017.
  • Handle: RePEc:mde:wpaper:0070
    as

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    File URL: http://www.gee.gov.pt/RePEc/WorkingPapers/GEE_PAPERS_70.pdf
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    References listed on IDEAS

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    Cited by:

    1. Elías Melchor-Ferrer, 2020. "Determinants of labour productivity growth in Spanish and Portuguese regions: a spatial shift-share approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 65(1), pages 45-65, August.
    2. Francisco Pérez & Eva Benages, 2017. "The Role of Capital Accumulation in the Evolution of Total Factor Productivity in Spain," International Productivity Monitor, Centre for the Study of Living Standards, vol. 33, pages 24-50, Fall.

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    More about this item

    Keywords

    Portugal; Productivity; Convergence;
    All these keywords.

    JEL classification:

    • H80 - Public Economics - - Miscellaneous Issues - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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