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(starting in the 50s, at the outset of industrialization) of the convergence in productivity of the Portuguese economy towards … the most developed European countries. In an econometric equation of conditional convergence over the XXth century …, openness has a positive effect in growth potential, and the rate of convergence increases with the share of investment goods in …
Persistent link: https://www.econbiz.de/10005059508
A new Development Economics is being built, combining the return to the heritage of the “old” Structuralism with contributions brought by the renewal of the Institutionalism. This paper begins with a balance of the first development economists’ contributions and insufficiencies and of the...
Persistent link: https://www.econbiz.de/10005761293