Unpicking Portugal’s export performance: A microdata analysis

Paula Adamczyk and Ben Westmore

No 1618, OECD Economics Department Working Papers from OECD Publishing

Abstract: Portugal has notably increased its international openness over recent decades, with exports’ share of GDP rising by 20 percentage points since 1993. This analysis couples microdata with panel regression techniques to investigate the drivers of Portuguese export growth over the 1995-2016 period. The results highlight that there was no one single factor behind the export expansion. While an improvement in price competitiveness played a significant role, the majority of the increase in exports was explained by other factors. These include increases in the quality of export products and weak domestic demand that prompted firms to increase their focus on foreign markets. The empirical results also suggest that the restoration of the health of the Portuguese financial sector and its further development is beneficial for export growth.

Keywords: competitiveness; export performance; financial development; international trade; microdata; Portugal (search for similar items in EconPapers)
JEL-codes: C32 C55 F10 F14 F43 F65 (search for similar items in EconPapers)
Date: 2020-09-14
New Economics Papers: this item is included in nep-fdg and nep-int
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://doi.org/10.1787/71df6aa3-en (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oec:ecoaaa:1618-en

Access Statistics for this paper

More papers in OECD Economics Department Working Papers from OECD Publishing Contact information at EDIRC.
Bibliographic data for series maintained by (eco.contact@oecd.org).