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Portugal: a Paradox in Productivity

Author

Listed:
  • Ricardo Pinheiro Alves

    (Gabinete Estratégia e Estudos Ministério Economia / Office for Strategy and Studies - Ministério da Economia / Ministry of Economy)

Abstract
Portugal is experiencing a larger slowdown of productivity growth than the one occurring in advanced economies. This paper aims to help understanding why convergence in productivity levels is not happening by considering its main determinants. It presents a set of different reasons for this slowdown and divergence with developed economies since the mid-1990s that are associated with an increasing misallocation of capital, labour and skills both at a sectorial and firm level.

Suggested Citation

  • Ricardo Pinheiro Alves, 2017. "Portugal: a Paradox in Productivity," GEE Papers 0070, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Jun 2017.
    • Handle: RePEc:mde:wpaper:0070
    as

    Download full text from publisher

    File URL: https://www.gee.gov.pt/RePEc/WorkingPapers/GEE_PAPERS_70.pdf
    File Function: First version, 2017
    Download Restriction: no
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    References listed on IDEAS

    as
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    Cited by:

    1. Francisco Pérez & Eva Benages, 2017. "The Role of Capital Accumulation in the Evolution of Total Factor Productivity in Spain," International Productivity Monitor, Centre for the Study of Living Standards, vol. 33, pages 24-50, Fall.
    2. Natália Barbosa & Ana Paula faria, 2022. "Digital adoption and productivity: understanding micro drivers of the aggregate effect," GEE Papers 0162, Gabinete de Estratégia e Estudos, Ministério da Economia, revised Jun 2022.
    3. Elías Melchor-Ferrer, 2020. "Determinants of labour productivity growth in Spanish and Portuguese regions: a spatial shift-share approach," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 65(1), pages 45-65, August.

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    More about this item

    Keywords

    Portugal; Productivity; Convergence;
    All these keywords.

    JEL classification:

    • H80 - Public Economics - - Miscellaneous Issues - - - General
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General

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