evidence for Portugal is consistent with a substitution hypothesis between direct investment abroad and trade, and consequently …

per capita. Desta forma, procede-se no presente artigo à verificação desta hipótese em Portugal, na União Europeia, nos E …. Dedica-se igualmente uma particular atenção a Portugal e Espanha, com vista a enquadrar as economias vizinhas no padrão de …

Direct Investment. So, the main purpose of this paper is to discuss the positioning of Portugal – a small open economy in the …, this hypothesis is estimated empirically for Portugal and other 25 countries in different stages of development, using …