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A growing body of empirical literature has considered very long-time horizons when studying the sources of a country’s economic growth. Nevertheless, the growth experiences of emerging economies (EEs) have been overlooked. This study examines to what extent human capital, structural change,...
Persistent link: https://www.econbiz.de/10014076810
The scant literature that addresses issues related to the Technology Balance of Payments (TBP) often refers that a surplus balance may correspond to a high degree of technological autonomy, a low level of technology imports, or an inability to assimilate foreign technologies. It is not clear,...
Persistent link: https://www.econbiz.de/10012806058
Neo-Schumpeterian streams of research emphasize the close relationship between changes in economic structure in favor of high-skill and high-tech branches and rapid economic growth. They identify the emergence of a new technological paradigm in the 1970s, strongly based on the application of...
Persistent link: https://www.econbiz.de/10009148777
Persistent link: https://www.econbiz.de/10010111320
Persistent link: https://www.econbiz.de/10008898617
This paper estimates and analyses wage inequality trends in Portugal, from 1944 to 1984, a period that comprises the Estado Novo dictatorship and the first decade after the transition to democracy. Wage inequality is measured by the gap between skilled and unskilled labour, and reveals a...
Persistent link: https://www.econbiz.de/10010952594
This paper presents capital services estimates for 26 Portuguese industries for the 1977-2003 period. The estimation procedure follows an integrated approach under which the flows of capital services are approximated as a proportion of the capital stock converted into standard efficiency units....
Persistent link: https://www.econbiz.de/10005001181
The main aim of this paper is to provide a comprehensive survey of the economic literature on structural change. Along with an insightful literature review of the seminal contributions in the field, we perform a quantitative analysis that takes into account all the theoretical and empirical...
Persistent link: https://www.econbiz.de/10005059451
Neo-Schumpeterian streams of research emphasize the close relationship between changes in economic structure in favour of high-skill and high-tech branches and rapid economic growth. They identify the emergence of a new technological paradigm, strongly based on the application of information and...
Persistent link: https://www.econbiz.de/10005059584
This paper relates the changes in the structure of the Portuguese economy to changes in wage inequality, during 1944-1974, when Portugal had its golden age of growth under a dictatorial regime. We present a new wage data set based on surveys conducted by the Portuguese Statistics Office (INE)....
Persistent link: https://www.econbiz.de/10005196539