We study a dynamic general equilibrium model where innovation takes the form of the introduction new goods, whose … production requires skilled workers. Innovation is followed by a costly process of standardization, whereby these new goods are … substitution between goods and other parameters. Third, we show that the interplay between innovation and standardization may lead …

exchanging ideas, solving work-related problems, generating new knowledge …

closed on the back of gains in competitiveness and improvements in export performance. Portugal has also been able to reduce … Portugal successfully exits the EU-IMF-ECB-supported programme and emerges from recession, it is more important than ever to …). It updates the OECD report Portugal: Reforming the State to Promote Growth, published in 2013. According to the OECD …