The aim of this paper is to explain regional convergence in Portugal, at Nuts III level, in terms of per capita income and productivity. In doing so, we employ an alternative estimation approach based on panel data analysis that allows for individual differences across regions, avoiding with...

The present study aims to verify whether the balance-of-payments constrained growth approach is suitable for explaining the Portuguese growth performance during the last decades. For that, we adopt "Thirlwall's Law" that predicts actual growth by the ratio of the exports growth relative to the...

Since their accession to the European Union in 1986, both Portugal and Spain have benefited from strong financial support. Both countries have experienced considerable growth in income per capita, converging towards average European levels. However, several studies suggest a high degree of...

The European Union is one of the most prosperous areas of the world. However, huge disparities remain among its member states and regions. Given the persistence of those large regional inequalities, it is pertinent to analyse the efficiency of structural funds. In light of the neoclassical...

The present paper focuses on the analysis of growth sources in Portugal, Greece and Ireland explaining the differences in economic performance between these three countries which constitute the “cohesion group” in the EU. During the nineties, Ireland has made a remarkable economic recovery,...

This paper examines the convergence process among the Brazilian states using different concepts of convergence and giving special attention to the role of human capital as the conditioning factor to convergence. Different measures of human capital are used in the estimation of the convergence...

The purpose of this study is to analyse the determinants of life expectancy as proxy for health status of the OECD countries' population. A production function of health is used to explain expectancy life at birth for total and ageing population and according to gender. Socio-economic factors,...

The aim of this study is to test empirically the determinants of entrepreneurship (overall and sectoral) in the Portuguese economy. Despite the methodological limitations inherent in such studies, which are mainly due to the incompatibility of some series and the temporal limitations of some...