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The Verdoorn Law in the Portuguese Regions: A Panel Data Analysis

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  • Vitor Joao Pereira Domingues Martinho

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 (3)(Martinho, 2011).

Suggested Citation

  • Vitor Joao Pereira Domingues Martinho, 2011. "The Verdoorn Law in the Portuguese Regions: A Panel Data Analysis," Papers 1110.5544, arXiv.org.
    • Handle: RePEc:arx:papers:1110.5544
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    References listed on IDEAS

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    1. A. P. Thirlwall, 2007. "Regional Problems are "Balance-of-Payments" Problems," Regional Studies, Taylor & Francis Journals, vol. 41(sup1), pages 89-95.
    2. Vitor Joao Pereira Domingues Martinho, 2011. "The Verdoorn Law in the Portuguese Regions: A Panel Data Analysis," Papers 1110.5544, arXiv.org.
    3. Miguel A. Leon-Ledesma, 1998. "Economic Growth and Verdoorn's Law in the Spanish Regions, 1962-1991," Studies in Economics 9801, School of Economics, University of Kent.
    4. Rowthorn, R E, 1979. "A Note on Verdoorn's Law," Economic Journal, Royal Economic Society, vol. 89(353), pages 131-133, March.
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    Cited by:

    1. Martinho, Vítor João Pereira Domingues, 2011. "Application of Keynesian and convergence theories in Portugal. An alternative approach," MPRA Paper 32987, University Library of Munich, Germany.
    2. Martinho, Vítor João Pereira Domingues, 2011. "The Keynesian theory and the geographic concentration in the Portuguese manufactured industry," MPRA Paper 33404, University Library of Munich, Germany.
    3. Martinho, Vítor João Pereira Domingues, 2011. "The Economic Theory and the Portuguese Manufactured Industry," EconStor Preprints 51350, ZBW - Leibniz Information Centre for Economics.
    4. Martinho, Vítor João Pereira Domingues, 2011. "The Keynesian and the convergence theories in the Portuguese manufactured industry. Another approach," MPRA Paper 33373, University Library of Munich, Germany.
    5. Vitor Joao Pereira Domingues Martinho, 2011. "The Verdoorn Law in the Portuguese Regions: A Panel Data Analysis," Papers 1110.5544, arXiv.org.
    6. Martinho, Vítor João Pereira Domingues, 2011. "The Keynesian theory and the geographic concentration in the Portuguese manufactured industry. Another analysis," MPRA Paper 33406, University Library of Munich, Germany.
    7. Martinho, Vítor João Pereira Domingues, 2011. "What the keynesian theory said about Portugal?," MPRA Paper 32610, University Library of Munich, Germany.
    8. Martinho, Vítor João Pereira Domingues, 2011. "The Keynesian and the convergence theories in the Portuguese manufactured industry," MPRA Paper 33371, University Library of Munich, Germany.
    9. Martinho, Vítor João Pereira Domingues, 2011. "Application of Keynesian and convergence theories in Portugal. Differences and similarities," MPRA Paper 32910, University Library of Munich, Germany.
    10. Martinho, Vítor João Pereira Domingues, 2011. "The Keynesian theory and the manufactured industry in Portugal," MPRA Paper 33363, University Library of Munich, Germany.
    11. Martinho, Vítor João Pereira Domingues, 2011. "A model of the Keynesian theory for the Portuguese manufactured industry. Another analysis," MPRA Paper 33633, University Library of Munich, Germany.
    12. Martinho, Vítor João Pereira Domingues, 2011. "Application of Keynesian theory and new economic geography in Portugal. An alternative analysis," MPRA Paper 32999, University Library of Munich, Germany.
    13. Martinho, Vítor João Pereira Domingues, 2011. "A model of the Keynesian theory for the Portuguese manufactured industry," MPRA Paper 33632, University Library of Munich, Germany.
    14. Martinho, Vítor João Pereira Domingues, 2011. "What said the economic theory about Portugal," MPRA Paper 33021, University Library of Munich, Germany.
    15. Martinho, Vítor João Pereira Domingues, 2011. "The economic theory and the Portuguese manufactured industry. Another approach," MPRA Paper 33492, University Library of Munich, Germany.

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    More about this item

    JEL classification:

    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • R11 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - Regional Economic Activity: Growth, Development, Environmental Issues, and Changes

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