A MODEL BASED ON THE NEOCLASSICAL THEORY FOR
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This document presents a model analyzing absolute convergence of sectoral productivity at the regional level in Portugal based on neoclassical theory. The model uses a linear equation to examine convergence for each economic sector in Portugal's NUTS II and NUTS III regions from 1986 to 1994 and from 1995 to 1999. The results show stronger signs of convergence in the first period than the second period, with evidence of absolute convergence only for agriculture, industry and manufacturing in the second period at the NUTS II level. At the finer NUTS III level, the results for 1995 to 1999 were more satisfactory.
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1. The saving rate, which determines how much can be invested.
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3) The study uses cross-section estimation methods to test Verdoorn's law for agriculture, industry, services and total sectors across 28 mainland Portuguese regions, considering spatial effects.
Aghion howitt1990
This document summarizes a model of economic growth through creative destruction. The model departs from existing endogenous growth models by emphasizing that technological progress both creates new opportunities but also renders old skills, goods, and processes obsolete. This creative destruction process has positive and normative implications for growth. The model views growth as discontinuous and driven by random innovations that have economy-wide effects. It aims to endogenize both the distribution and size of technological changes based on the level of research activity.
A MODEL FOR NET MIGRATION BETWEEN THE PORTUGUESE REGIONS. ANOTHER PERSPECTIVE
A MODEL FOR NET MIGRATION BETWEEN THE PORTUGUESE REGIONS. ANOTHER PERSPECTIVEVítor João Pereira Domingues Martinho
This document presents a model for analyzing net migration between Portuguese regions from 1991 to 2001. The empirical analysis finds that housing availability, measured as the growth rate in the number of houses in a region compared to other regions, is the main determinant of migration patterns between regions. Spatial autocorrelation tests find no influence of neighboring regions' net migration or other factors on a given region's migration rates. The model and results suggest housing supply was the primary driver of labor mobility between Portuguese regions during this time period.Efeitos de crescimento das reformas estruturais na Europa do Sul - 511: O cas...
Este trabalho desenvolve um modelo de crescimento semi-endógena para analisar os efeitos intertemporais das reformas estruturais nos países do sul da Europa (Itália, Espanha, Portugal e Grécia). O modelo segue o paradigma variedade de produtos em um ambiente semi-endógena, e inclui uma desagregação do trabalho em grupos diferentes de habilidade. Nós usamos um conjunto abrangente de indicadores estruturais, a fim de calibrar o modelo de relações macroeconômicas importantes e os níveis de produtividade e do emprego. Nossos resultados mostram que as reformas estruturais produzir ganhos econômicos significativos a médio e longo prazo. Os resultados apontam para a importância das reformas dos mercados de produtos e de reformas educacionais e fiscais do mercado de trabalho como as áreas mais promissoras de intervenções de política estrutural. Este documento também defende a colocar mais ênfase na política de educação que é fundamental na melhoria da força de trabalho, especialmente naqueles países onde a percentagem de trabalho pouco qualificado está entre as mais altas na área do euro.
A SPATIAL MODEL BASED ON THE ENDOGENOUS GROWTH THEORY FOR PORTUGAL. ANOTHER A...
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1) The document analyzes spatial effects on conditional product convergence across parishes in mainland Portugal from 1991 to 2001 using cross-section estimation methods.
2) Estimation results found no evidence of convergence, as the population is concentrated in coastal areas, and spatial spillover effects and spatial autocorrelation influence parish productivity changes.
3) Productivity diverged across parishes over this period, a concern given population concentration in coastal areas and depopulation of inland regions.Similar to A MODEL BASED ON THE NEOCLASSICAL THEORY FOR (20)
A MODEL OF THE KEYNESIAN THEORY FOR PORTUGAL. ANOTHER APPROACH
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Spatial Effects and Convergence Theory in the Portuguese
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AN ALTERNATIVE USE OF THE VERDOORN LAW AT THE PORTUGUESE NUTS II LEVEL
AN ALTERNATIVE USE OF THE VERDOORN LAW AT THE PORTUGUESE NUTS II LEVEL
A MODEL BASED ON THE RYBCZYNSKI EQUATION FOR PORTUGAL. ANOTHER WAY
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SPATIAL DATA ANALYSIS BASED ON THE KEYNESIAN AND CONVERGENCE THEORIES FOR POR...
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A SPATIAL MODEL OF THE KEYNESIAN THEORY FOR PORTUGAL
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SPATIAL DATA ANALYSIS BASED ON THE KEYNESIAN THEORY FOR PORTUGAL
SPATIAL DATA ANALYSIS BASED ON THE KEYNESIAN THEORY FOR PORTUGALVítor João Pereira Domingues Martinho
This document analyzes spatial data from Portuguese regions across several economic sectors based on Keynesian theory and spatial econometrics. Productivity is found to exhibit positive spatial autocorrelation, especially in services. All sectors together also show positive autocorrelation in productivity. The study tests Verdoorn's Law relating productivity and output growth using spatial econometric techniques. Models include spatial lag and error components to account for spillover effects between neighboring regions.A NON LINEAR MODEL OF THE NEW ECONOMIC GEOGRAPHY
This document presents a non-linear model of economic geography for Portugal based on new economic geography models. The model analyzes agglomeration across Portuguese regions using non-linear models from Krugman (1991), Thomas (1997), Hanson (1998) and Fujita et al. (2000). It compares results from empirical models developed by each author. The model builds on ideas from Myrdal (1957) and Hirschman (1958) about cumulative regional growth processes. It aims to explain clustering of companies and industries based on factors like increasing returns to scale and low transport costs.
A NON LINEAR MODEL OF THE NEW ECONOMIC GEOGRAPHY
This document presents a non-linear model of agglomeration in Portugal based on New Economic Geography theories. The model uses equations from Krugman, Thomas, and Fujita to analyze agglomeration across Portuguese regions from 1987 to 1994. The results show low but significant transport costs and increasing returns to scale, indicating agglomeration occurred in Portugal during this period, particularly around Lisbon. The data comes from Eurostat on Portuguese regions and industries.
A LINEAR MODEL OF THE NEW ECONOMIC GEOGRAPHY FOR
This document presents a linear model of agglomeration for regions in Portugal based on new economic geography theory. The model builds on previous linear models developed by Krugman, Thomas, Hanson and Fujita by considering variables like income, wages, transportation costs, prices and productivity at the national and regional levels. Regression equations are presented with real wages as the dependent variable to analyze the factors driving convergence or divergence in real wages between Portuguese regions and the forces for or against agglomeration. The goal is to explain regional clustering patterns in Portugal using new economic geography and polarization concepts.
THE ECONOMIC THEORY AND THE PORTUGUESE MANUFACTURED INDUSTRY. ANOTHER APPROACH
THE ECONOMIC THEORY AND THE PORTUGUESE MANUFACTURED INDUSTRY. ANOTHER APPROACHVítor João Pereira Domingues Martinho
This document discusses economic theories related to productivity and manufacturing industries in Portugal. It analyzes:
1) Absolute convergence of productivity across Portuguese regions from 1995-1999 based on neoclassical growth theory.
2) Alternative specifications of Verdoorn's Law, including those proposed by Kaldor and Rowthorn, and tests them for Portuguese regions.
3) A model examining the importance of natural advantages and local resources in industry agglomeration by estimating a Rybczynski equation matrix for Portuguese manufacturing industries and regions from 1995-1999.THE ECONOMIC THEORY AND THE PORTUGUESE MANUFACTURED INDUSTRY
This document summarizes research testing alternative specifications of Verdoorn's Law for Portuguese regions from 1986-1994. It analyzes the relationship between productivity, employment, and output growth. It also examines convergence in productivity across regions and the importance of natural resources and industrial policies for manufacturing concentration. Regression models are estimated using regional and industry data to explore these relationships.
THE CONVERGENCE THEORIES AND THE GEOGRAPHIC
This document analyzes convergence theories and geographic concentration in Portugal's manufactured industry from 1995 to 1999. It estimates a convergence model and a model analyzing the importance of natural advantages and local resources in agglomeration. Regression results are presented showing absolute convergence for various manufacturing industries in Portugal's NUTS II regions over the period studied.
THE KEYNESIAN THEORY AND THE GEOGRAPHIC CONCENTRATION IN THE PORTUGUESE MANUF...
THE KEYNESIAN THEORY AND THE GEOGRAPHIC CONCENTRATION IN THE PORTUGUESE MANUF...Vítor João Pereira Domingues Martinho
This document analyzes the Keynesian theory and geographic concentration in the Portuguese manufactured industry using several models. It tests the Verdoorn Law specifications of Kaldor and Rowthorn for Portuguese regions from 1995-1999. It also estimates a Rybczynski equation matrix to analyze the importance of natural advantages and local resources in explaining industry location across regions over time, relative to spillover effects and industrial policies. The analysis uses annual regional data on value added, employment, capital formation, and production in various industries for five Portuguese regions from 1995-1999.THE CONVERGENCE THEORIES AND THE GEOGRAPHIC
This document analyzes convergence theories and geographic concentration in Portugal's manufactured industry from 1986 to 1994. It estimates convergence using panel data models based on Solow's growth model. It also estimates a Rybczynski equation matrix to analyze how natural advantages and local resources explain geographic concentration, relative to spillover effects and industrial policies. The results show absolute convergence across Portuguese regions for all manufacturing industries. Geographic concentration is strongly positively related to labor for some industries and natural resources for others, indicating location is still mostly explained by specific factors rather than spillovers or policies.
THE KEYNESIAN THEORY AND THE GEOGRAPHIC CONCENTRATION IN THE PORTUGUESE MANUF...
THE KEYNESIAN THEORY AND THE GEOGRAPHIC CONCENTRATION IN THE PORTUGUESE MANUF...Vítor João Pereira Domingues Martinho
This document analyzes the Keynesian theory and geographic concentration in the Portuguese manufactured industry. It aims to test Verdoorn's Law and its alternative specifications proposed by Kaldor and Rowthorn for five Portuguese regions from 1986 to 1994. It also examines the importance of natural advantages and local resources in explaining industry location using a Rybczynski equation matrix. The results provide evidence that certain industries like transport equipment and food have strong increasing returns to scale, while others like textiles show weaker effects. The analysis finds mixed support for Verdoorn's Law and its specifications across Portuguese regions and industries over the period studied.THE KEYNESIAN AND THE CONVERGENCE THEORIES IN THE
(1) The document analyzes the Keynesian and convergence theories as applied to the manufactured industry in Portuguese regions from 1995 to 1999.
(2) It tests alternative specifications of Verdoorn's Law, including those proposed by Kaldor and Rowthorn, using panel data for five Portuguese regions. The results show slightly increasing returns to scale in the industries.
(3) The document also analyzes absolute convergence of output per worker across the regions using an equation based on the Solow growth model. The results for different manufacturing industries in the regions are presented.
SPATIAL DATA ANALYSIS BASED ON THE CONVERGENCE THEORIES FOR PORTUGAL
SPATIAL DATA ANALYSIS BASED ON THE CONVERGENCE THEORIES FOR PORTUGALVítor João Pereira Domingues Martinho
This document discusses spatial data analysis of productivity convergence across regions in Portugal based on convergence theories and spatial econometrics. It analyzes productivity data for different sectors in Portuguese regions using Moran's I statistics, finding positive spatial autocorrelation in productivity for agriculture, services, industry, and total sectors. The document also reviews theories of absolute and conditional convergence and studies examining spatial effects on productivity convergence. It proposes using spatial econometric models and specification tests to analyze conditional productivity convergence across Portuguese regions from 1995 to 2002 while controlling for spatial effects.THE KEYNESIAN AND THE CONVERGENCE THEORIES IN THE
This document analyzes productivity convergence theories and Verdoorn's Law for manufactured industries in Portuguese regions from 1986 to 1994. It tests alternative specifications of Verdoorn's Law proposed by Kaldor and Rowthorn on panel data for five Portuguese regions. The results show varying degrees of increasing returns to scale across industries, with transportation and food having the highest and textiles the lowest. Testing an absolute convergence model, it finds the data provide some evidence supporting Verdoorn's Law and Kaldor's specifications, but not strong increasing returns to scale across all industries.
THE CONVERGENCE THEORIES AND THE MANUFACTURED
This document analyzes the absolute convergence of labor productivity across different manufacturing industries in Portugal between 1986-1994 and 1995-1999 using panel data and regression models. The results show:
1) For 1986-1994, there was statistically significant convergence in productivity for all industries except electronics, with convergence coefficients ranging from -0.024 to -0.621.
2) The signs of convergence differed between industries, indicating different speeds of convergence across sectors.
3) These findings provide empirical evidence supporting the neoclassical growth model's prediction of absolute convergence between regions for certain manufacturing industries in Portugal over the studied periods.
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SPATIAL DATA ANALYSIS BASED ON THE KEYNESIAN THEORY FOR PORTUGAL
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THE ECONOMIC THEORY AND THE PORTUGUESE MANUFACTURED INDUSTRY. ANOTHER APPROACH
THE ECONOMIC THEORY AND THE PORTUGUESE MANUFACTURED INDUSTRY
THE ECONOMIC THEORY AND THE PORTUGUESE MANUFACTURED INDUSTRY
THE KEYNESIAN THEORY AND THE GEOGRAPHIC CONCENTRATION IN THE PORTUGUESE MANUF...
THE KEYNESIAN THEORY AND THE GEOGRAPHIC CONCENTRATION IN THE PORTUGUESE MANUF...
THE KEYNESIAN THEORY AND THE GEOGRAPHIC CONCENTRATION IN THE PORTUGUESE MANUF...
THE KEYNESIAN THEORY AND THE GEOGRAPHIC CONCENTRATION IN THE PORTUGUESE MANUF...
SPATIAL DATA ANALYSIS BASED ON THE CONVERGENCE THEORIES FOR PORTUGAL
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A MODEL BASED ON THE NEOCLASSICAL THEORY FOR
- 1. A MODEL BASED ON THE NEOCLASSICAL THEORY FOR PORTUGAL Vitor João Pereira Domingues Martinho Unidade de I&D do Instituto Politécnico de Viseu Av. Cor. José Maria Vale de Andrade Campus Politécnico 3504 - 510 Viseu (PORTUGAL) e-mail: vdmartinho@esav.ipv.pt ABSTRACT We built a model analyzing the absolute convergence, associated with the neoclassical theory, of the sectoral productivity at regional level. Presenting some empirical evidence of absolute convergence of productivity for each of the economic sectors in each of the regions of mainland Portugal (NUTS II and NUTS III) in the period 1986 to 1994 and from 1995 to 1999. The finest spatial unit NUTS III is only considered for each of the economic sectors in the period 1995 to 1999. The main conclusions should be noted that the signs of convergence are stronger in the first period than in the second. Keywords: neoclassical theory; linear models; Portuguese regions 1. THE BASE MODEL The purpose of this part of the work is to built a model analyzing the absolute convergence of output per worker (as a "proxy" of labor productivity), with the following equation ((1)Islam, 1995, based on the (2)Solow model, 1956): ln Pit c b ln Pi ,t 1 it (1) 2. THE LINEAR MODEL The convergence results obtained in the estimations carried out are statistically satisfactory to each of the economic sectors and all sectors of the NUTS II, from 1986 to 1994. Looking at the coefficient of convergence, in the second period, we now find evidence of absolute convergence only for agriculture, industry and manufactured industry. In this second period, but at NUTs III, the results are more satisfactory. 3. REFERENCES 1. N. Islam. Growth Empirics : A Panel Data Approach. Quarterly Journal of Economics, 110, 1127-1170 (1995). 2. R. Solow. A Contribution to the Theory of Economic Growth. Quarterly Journal of Economics (1956). 1