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Portugal has notably increased its international openness over recent decades, with exports’ share of GDP rising by 20 … expansion. While an improvement in price competitiveness played a significant role, the majority of the increase in exports was …
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increases employment and average wages. Gains in productivity and employment are particularly large when firms enter exports …
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sectors and regions. In a first step, firm level data are used to assess the empirical relationship between exports and three …
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In the years before the economic crisis, Portugal had low growth, a decline in export competitiveness and rising imbalances that included a large current account deficit and a strong expansion of the non-tradable sector. Strengthening export performance is therefore one of the principal...
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