The Keynesian theory and the geographic concentration in the Portuguese manufactured industry
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 the five Portuguese regions (NUTS II), from 1986 to 1994. 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 period. The results of this study are about each one of the manufactured industries operating in the Portuguese regions. This paper pretends, also, to analyze the importance which the natural advantages and local resources are in the manufacturing industry location, in relation with the "spillovers" effects and industrial policies. To this, we estimate the Rybczynski equation matrix for the various manufacturing industries in Portugal, at regional level (NUTS II) and for the period 1986 to 1994.
Keywords: Verdoorn law; geographic concentration; panel data; manufactured industries; Portuguese regions (search for similar items in EconPapers)
JEL-codes: C23 L60 O18 R11 (search for similar items in EconPapers)
Date: 2011
New Economics Papers: this item is included in nep-cse, nep-geo and nep-ure
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Persistent link: https://EconPapers.repec.org/RePEc:pra:mprapa:33404
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