The aim of this paper is to test the relationship between manufacturing production and economic growth in Portugal from the 1950s to the present day, following Nicholas Kaldor's (1908-1986) thinking, which assumes that manufacturing is the true engine of the economic activity of a country. By...

During the Golden Age (1950-1973), Portugal stood out in the international scene, converging economically with the group of more industrialised economies. In this paper, we start by analysing the main factors that explain the extraordinary economic performance of Portugal during that crucial...