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The Verdoorn law in the Portuguese regions: a panel data analysis

Vítor Martinho ()

MPRA Paper from University Library of Munich, Germany

Abstract: This work aims to test the Verdoorn Law, with the alternative specifications of (1)Kaldor (1966), for five regions (NUTS II) Portuguese from 1986 to 1994 and for the 28 NUTS III Portuguese in the period 1995 to 1999. Will, therefore, to analyze the existence of increasing returns to scale that characterize the phenomena of polarization with circular and cumulative causes and can explain the processes of regional divergence. It is intended to test, even in this work, the alternative interpretation of (2)Rowthorn (1975) Verdoorn's Law for the same regions and periods. The results of this work will be complemented with estimates of these relationships to other sectors of the economy than the industry (primary and services sector), for each of the manufacturing industries operating in the Portuguese regions and for the total economy of each region.

Keywords: increasing returns; Verdoorn law; Portuguese regions (search for similar items in EconPapers)
JEL-codes: C23 O40 R11 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-geo and nep-hme
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (16)

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Working Paper: The Verdoorn Law in the Portuguese Regions: A Panel Data Analysis (2011) Downloads
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