Martinho, Vítor João Pereira Domingues (2011): Application of keynesian theory and new economic geography in Portugal. Differences and similarities.
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With this work we try to analyse the agglomeration process in the Portuguese regions, using the New Economic Geography models. In these models the base idea is that where has increasing returns to scale in the manufactured industry and low transport costs, there is agglomeration. This work aims to test, also, the Verdoorn Law, with the alternative specifications of (1)Kaldor (1966), for the 28 NUTS III Portuguese in the period 1995 to 1999. 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 periods. With this study we want, also, to test the Verdoorn´s Law at a regional and a sectoral levels (NUTs II) for the period 1995-1999. The importance of some additional variables in the original specification of Verdoorn´s Law is yet tested, such as, trade flows, capital accumulation and labour concentration. This study analyses, also, through cross-section estimation methods, the influence of spatial effects in productivity in the NUTs III economic sectors of mainland Portugal from 1995 to 1999, considering the Verdoorn relationship.
|Item Type:||MPRA Paper|
|Original Title:||Application of keynesian theory and new economic geography in Portugal. Differences and similarities|
|English Title:||Application of keynesian theory and new economic geography in Portugal. Differences and similarities|
|Keywords:||new economic geography; Verdoorn law; spatial autocorrelation; Portuguese regions|
|Subjects:||O - Economic Development, Innovation, 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 - Panel Data Models ; Spatio-temporal Models
C - Mathematical and Quantitative Methods > C2 - Single Equation Models ; Single Variables > C21 - Cross-Sectional Models ; Spatial Models ; Treatment Effect Models ; Quantile Regressions
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:||19. Aug 2011 17:25|
|Last Modified:||11. Mar 2015 13:53|
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V.J.P.D. Martinho. The importance of increasing returns to scale in the process of agglomeration in Portugal: A non linear empirical analysis. MPRA Paper 32204, University Library of Munich, Germany (2011a).
V.J.P.D. Martinho. What the keynesian theory said about Portugal?. MPRA Paper 32610, University Library of Munich, Germany (2011b).
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