Showing 1 - 10 of 163
This paper investigates two behavioural relations for the Hungarian economy, which are vital for formulating future economic policy packages: the export supply and the import demand functions. The specifications of the equations, based on well-known functions of economic theory, take into...
Persistent link: https://www.econbiz.de/10005124161
We identify the determinants of capital movements in an ‘augmented-Solow’ model where capital mobility is restricted to a subset of capital assets. We then test the prediction of the neoclassical model and find that it is consistent with the evidence on net capital flows in a cross-section...
Persistent link: https://www.econbiz.de/10005661577
two "integration episodes", the development of an economic union between Portugal and its African colonies and the … establishment of democratic socialism since then. The paper contrasts the recent economic experience of Portugal with its neighbour … Spain. The view that EC membership is desirable because it ensures Portugal against dictatorship is also examined and …
Persistent link: https://www.econbiz.de/10005792495
When the 1987 general elections brought a durable government to Portugal, the national environment was still …
Persistent link: https://www.econbiz.de/10005123635
This paper reviews the traditional ambiguity of Portuguese policy towards external liberalization. Product and labour markets have become segmented as a result of the soft budget constraint faced by large corporations and job protection in the public sector. Relaxation of entry requirements into...
Persistent link: https://www.econbiz.de/10005281308
, economies of scale, and have been heavily protected from international competition in Portugal and Spain. The `costs of non …
Persistent link: https://www.econbiz.de/10005281309
economic agents, competition policies are usually included in the legal framework that regulates economic activities. Portugal …
Persistent link: https://www.econbiz.de/10005114491
detailed customs and firm-product-level data from Portugal. We use exchange-rate movements as a source of variation in export …
Persistent link: https://www.econbiz.de/10011083348
We analyze the joint dynamics of religious beliefs, scientific progress and coalitional politics along both religious and economic lines. History offers many examples of the recurring tensions between science and organized religion, but as part of the paper’s motivating evidence we also...
Persistent link: https://www.econbiz.de/10011262883
To what extent has Sub-Saharan Africa’s slow economic growth over the past five decades been due to price and trade policies that have discouraged production of agricultural relative to non-agricultural tradables? This paper uses a new set of estimates of policy distortions to relative prices...
Persistent link: https://www.econbiz.de/10009246604