Martinho, Vítor João Pereira Domingues (2011): The Keynesian theory and the geographic concentration in the Portuguese manufactured industry.
Download (659kB) | Preview
This work aims to test the Verdoorn Law, with the alternative specifications of (1)Kaldor (1966), for the five Portuguese regions (NUTS II), from 1986 to 1994. It is intended to test, yet in this work, the alternative interpretation of (2)Rowthorn (1975) about the Verdoorn's Law for the same regions and period. The results of this study are about each one of the manufactured industries operating in the Portuguese regions. This paper pretends, also, to analyze the importance which the natural advantages and local resources are in the manufacturing industry location, in relation with the "spillovers" effects and industrial policies. To this, we estimate the Rybczynski equation matrix for the various manufacturing industries in Portugal, at regional level (NUTS II) and for the period 1986 to 1994.
|Item Type:||MPRA Paper|
|Original Title:||The Keynesian theory and the geographic concentration in the Portuguese manufactured industry|
|English Title:||The Keynesian theory and the geographic concentration in the Portuguese manufactured industry|
|Keywords:||Verdoorn law; geographic concentration; panel data; manufactured industries; Portuguese regions|
|Subjects:||O - Economic Development, Technological Change, and Growth > O1 - Economic Development > O18 - Urban, Rural, Regional, and Transportation Analysis; Housing; Infrastructure
C - Mathematical and Quantitative Methods > C2 - Single Equation Models; Single Variables > C23 - Models with Panel Data; Longitudinal Data; Spatial Time Series
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
L - Industrial Organization > L6 - Industry Studies: Manufacturing > L60 - General
|Depositing User:||Vítor João Pereira Domingues Martinho|
|Date Deposited:||15. Sep 2011 01:35|
|Last Modified:||20. Feb 2013 07:53|
N. Kaldor. Causes of the Slow Rate of Economics of the UK. An Inaugural Lecture. Cambridge: Cambridge University Press, 1966.
R.E. Rowthorn. What Remains of Kaldor Laws? Economic Journal, 85, 10-19 (1975).
V.J.P.D. Martinho. The Verdoorn law in the Portuguese regions: a panel data analysis. MPRA Paper 32186, University Library of Munich, Germany (2011).
N. Kaldor. Strategic factors in economic development. Cornell University, Itaca, 1967.
R.E. Rowthorn. A note on Verdoorn´s Law. Economic Journal, Vol. 89, pp: 131-133 (1979).
T.F. Cripps and R.J. Tarling. Growth in advanced capitalist economies: 1950-1970. University of Cambridge, Department of Applied Economics, Occasional Paper 40, 1973.
S. Kim. Regions, resources, and economic geography: Sources of U.S. regional comparative advantage, 1880-1987. Regional Science and Urban Economics (29), 1-32 (1999).
A.P. Thirlwall. Regional Problems are “Balance-of-Payments” Problems. Regional Studies, Vol. 14, 419-425 (1980).