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In order to test the idea that the deterioration of the Portuguese export shares in the period 1995-2004 was due to the ….The test that the export shares depend on the evolution of the unit labour costs was done through panel regressions (using two … significant negative effect of the ULC on the export shares was detected, but that the same could not be said at the sector level …
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Starting from a somewhat backward structure based on low technology sectors Portuguese exports in the last decade have been changing rapidly in response to the new patterns of world trade. Higher technology exports are increasing their position and intra-sectoral specialization is prevailing.The...
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