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Application of convergence theories and new economic geography in Portugal. Differences and similarities

Vítor Martinho (vdmartinho@esav.ipv.pt)

MPRA Paper from University Library of Munich, Germany

Abstract: The aim of this paper is to present a further contribution, with panel data, to the analysis of absolute convergence, associated with the neoclassical theory, and conditional, associated with endogenous growth theory, of the sectoral productivity at regional level (NUTs III, from 1995 to 1999). They are also presented empirical evidence of conditional convergence of productivity, for each of the economic sectors of the NUTS II of Portugal, from 1995 to 1999. The structural variables used in the analysis of conditional convergence is the ratio of capital/output, the flow of goods/output and location ratio. With this work we try, also, to analyse the agglomeration process in the Portuguese regions, using the New Economic Geography models.

Keywords: convergence; new economic geography; Portuguese regions (search for similar items in EconPapers)
JEL-codes: C23 O18 R12 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-geo, nep-pbe and nep-ure
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