Martinho, Vítor João Pereira Domingues (2011): A model of the Keynesian theory for Portugal. Another approach.
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With this work we try to present an alternative model for Portugal based on the Keynesian theory. We built the model testing the validity of the well known “Verdoorn´s Law” which considers the relationship between the growth of productivity and output in the case of the Portuguese economy at a regional and sectoral levels (NUTs II) for the period 1995-1999. The importance of some additional variables in the original specification of Verdoorn´s Law is also tested, such as, trade flows, capital accumulation and labour concentration.
|Item Type:||MPRA Paper|
|Original Title:||A model of the Keynesian theory for Portugal. Another approach|
|English Title:||A model of the Keynesian theory for Portugal. Another approach|
|Keywords:||Keynesian theory; linear models; 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 > C20 - General
C - Mathematical and Quantitative Methods > C5 - Econometric Modeling > C50 - General
R - Urban, Rural, Regional, Real Estate, and Transportation Economics > R1 - General Regional Economics > R11 - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes
|Depositing User:||Vítor João Pereira Domingues Martinho|
|Date Deposited:||22. Sep 2011 15:27|
|Last Modified:||16. Feb 2013 06:56|
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