Verdoorn's Law and increasing returns: an empirical analysis of the Spanish regions

Miguel Leon-Ledesma

Applied Economics Letters, 1999, vol. 6, issue 6, 373-376

Abstract: The aim of this paper is to test for the presence of increasing returns in the Spanish regions through the estimation of the Verdoorn Law. Alternative specifications of the Law will be tested using panel data techniques. The results strongly support the hypotheses of increasing returns.

Date: 1999
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DOI: 10.1080/135048599353113

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