In this article we investigate the effect of product market regulation on the international diffusion of productivity shocks. The results indicate that regulations that restrict competition slow the process of adjustment through which best practice production techniques diffuse across borders...

Neste artigo argumenta-se que a perda progressiva de ímpeto observada na trajectória de convergência da Economia Portuguesa é consistente com a interpretação neo-clássica, segundo a qual as economias crescerão tão mais devagar quanto mais próximas estiverem do seu equilíbrio de longo...

The last three decades have witnessed important changes in transportation, communication and data processing, with effects over productive processes, trade flows and the international movement of capital. From the viewpoint of developing economies this led to the recommendation of adhering to...

The last three decades have witnessed important changes in transportation, communication and data processing, with effects over productive processes, trade flows and the international movement of capital. From the viewpoint of developing economies this led to the recommendation of adhering to...