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Sources of convergence in the European Union: the case of Portugal

Pontes, José Pedro - ISEG - School of Economics and Management, Department … - 2001

The paper surveys the main trends of per capita income convergence in the European Union. It stresses that income … disparities have ceased to diminish across the European regions since 1980, although convergence between countries has continued … behind income convergence are analized by means of the decomposition of per capita income in labor productivity and …

Persistent link: https://www.econbiz.de/10005463756

Regional Convergence in Portugal in the context of the European Union

Pontes, José Pedro - ISEG - School of Economics and Management, Department … - 2000

Main trends of per capita income convergence in Portugal and the European Union are surveyed. An explanation is given … to the fact that in the last two decades countries have converged, while no visible convergence has taken place among the … distribution of the stock of existing firms in the European Union is fixed, it is assumed that the degree of convergence follows …

Persistent link: https://www.econbiz.de/10005463763

Productive Public Expenditure and Imperfect Competition with Endogenous Price Markup: Comment

Costa, Luís F.; Palma, Nuno - ISEG - School of Economics and Management, Department … - 2006

In a recent article Chen et al. (2005) analyse the role of government expenditure in an imperfectly competitive static model, introducing a government-expenditure externality through the production function. Our purpose in the present paper is to argue that the claim from the authors that their...

Persistent link: https://www.econbiz.de/10005628398

Comparing Macroeconomic Returns on human and Public Capital: An Empirical Analysis of the Portuguese Case (1960-2001)

Aubyn, Miguel ST.; Pina, Álvaro - ISEG - School of Economics and Management, Department … - 2004

The impact of human and public capital on growth is a major issue in economic theory and in policy evaluation. Using a cointegrated VAR, we estimate a Cobb-Douglas production function for Portugal with public and human capital. Return rates are then computed with and without dynamic feedbacks....

Persistent link: https://www.econbiz.de/10005592992

European integration and banking efficiency: a panel cost frontier approach

Ferreira, Cândida - ISEG - School of Economics and Management, Department … - 2011

results also point to the existence of a quite slow convergence process across EU countries during the period analysed, as …

Persistent link: https://www.econbiz.de/10008853349

Desenvolvimento Económico e Mudança Institucional: O Papel do Estado

Estevão, João - ISEG - School of Economics and Management, Department … - 2004

A new Development Economics is being built, combining the return to the heritage of the “old” Structuralism with contributions brought by the renewal of the Institutionalism. This paper begins with a balance of the first development economists’ contributions and insufficiencies and of the...

Persistent link: https://www.econbiz.de/10005761293

Does the location of manufacturing determine service sectors’ location choices? Evidence from Portugal

Crespo, Nuno; Fontoura, Maria Paula - ISEG - School of Economics and Management, Department … - 2009

Considering the case of Portugal over the period 1995-2000, this paper analyses whether the location of market services is explained by the geographical proximity of the industrial sectors that use these services as intermediate inputs. A rather detailed level of regional disaggregation is used,...

Persistent link: https://www.econbiz.de/10008625789

Determinant factors of structural similarity at the regional level: evidence from Portugal

Crespo, Nuno; Fontoura, Maria Paula - ISEG - School of Economics and Management, Department … - 2009

There is scant evidence on the determinant factors of structural similarity between geographical spaces; moreover, it has been produced considering only the national level. The present study provides evidence on this topic at the regional level, based on the analysis of 275 Portuguese counties....

Persistent link: https://www.econbiz.de/10008513107

Economic development according to Friedrich List

Pires, Armando J. Garcia; Pontes, José Pedro - ISEG - School of Economics and Management, Department … - 2015

In this paper, we develop a Listian model of economic development. The economy consists of a primary sector and a potential industrial sector that can arise via industrialization. Industrialization however depends on if the primary sector specializes on the primary product, which can lead to a...

Persistent link: https://www.econbiz.de/10011194292

Interactions between Monetary Policy and Fiscal Policy

Afonso, António; Balhote, Raquel - ISEG - School of Economics and Management, Department … - 2014

Using a panel data set of 14 EU countries from 1970 to 2012, we study the type of monetary and fiscal policies of both authorities, and assess how they are influenced by certain economic variables and events (the Maastricht Treaty, the Stability and Growth Pact, the Euro and crises). Results...

Persistent link: https://www.econbiz.de/10010934501