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The Economic Theory and the Portuguese Manufactured Industry

  • Martinho, Vítor João Pereira Domingues

This work aims to compare the Keynesian theory, namely by the Verdoorn Law, the neoclassical theory, by the absolute convergence, and the geographic concentration, by the Rybczynski equation, explanations about the different manufactured industry of the Portuguese regions (NUTs II), for the period 1986-1994. The Verdoorn Law, is tested with the alternative specifications of Kaldor (1966. The absolute convergence is tested for the productivity. To analyze the geographic concentration, with Rybczynski equation, is tested the importance which the natural advantages and local resources are in the manufacturing industry location, in relation with the "spillovers" effects and industrial policies.

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Paper provided by ZBW - German National Library of Economics in its series EconStor Preprints with number 51350.

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Date of creation: 16 Nov 2011
Date of revision:
Handle: RePEc:zbw:esprep:51350
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  1. Vitor Joao Pereira Domingues Martinho, 2011. "The Verdoorn Law in the Portuguese Regions: A Panel Data Analysis," Papers 1110.5544,
  2. Vitor Joao Pereira Domingues Martinho, 2011. "Sectoral Convergence in Output Per Worker Between Portuguese Regions," Papers 1110.5552,
  3. Nazrul Islam, 1995. "Growth Empirics: A Panel Data Approach," The Quarterly Journal of Economics, Oxford University Press, vol. 110(4), pages 1127-1170.
  4. Kim, Sukkoo, 1999. "Regions, resources, and economic geography: Sources of U.S. regional comparative advantage, 1880-1987," Regional Science and Urban Economics, Elsevier, vol. 29(1), pages 1-32, January.
  5. A. P. Thirlwall, 2007. "Regional Problems are "Balance-of-Payments" Problems," Regional Studies, Taylor & Francis Journals, vol. 41(sup1), pages S89-S95.
  6. Vitor Joao Pereira Domingues Martinho, 2011. "Geographic Concentration in Portugal and Regional Specific Factors," Papers 1110.5558,
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