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International Competitiveness: is the reduction of wages a solution? An evaluat...
Vaz, Elsa Cristina; Fontoura, Maria PaulaThe purpose of this paper is to analyse, in the case of Portugal, the effectiveness of a wage reduction - a current proposal since 2011 to help the country to reverse the high public and external debts - in promoting the efficiency and the international competitiveness of the economy. A static multi-sectoral and single-country general equilibrium model will be used with data from GTAP7 Data Base. The model allo...
International Competitiveness: Is the Reduction of Wages a Solution? An Evaluat...
Vaz, Elsa Cristina; Fontoura, Maria PaulaThe purpose of this paper is to analyse, for the case of Portugal, the effectiveness of wage reduction - a current proposal since 2011 to help the country to reverse the high public and external debts - in promoting the efficiency and international competitiveness of the economy. A static multi-sectoral and single-country general equilibrium model is used and data is collected from the GTAP7 Database. The model...
International competitiveness : is the reduction of wages a solution? An evalua...
Vaz, Elsa Cristina; Fontoura, Maria PaulaThe purpose of this paper is to analyse, for the case of Portugal, the effectiveness of wage reduction ‐ a current proposal since 2011 to help the country to reverse the high public and external debt - in promoting the efficiency and international competitiveness of the economy. A static multi‐sector and single‐country general equilibrium model is used and data is collected from the GTAP7 Database. The model al...
International competitiveness: is the reduction of wages a solution? An evaluat...
Vaz, Elsa Cristina; Fontoura, Maria PaulaThe purpose of this paper is to analyse, for the case of Portugal, the effectiveness of wage reduction ‐ a current proposal since 2011 to help the country to reverse the high public and external debt - in promoting the efficiency and international competitiveness of the economy. A static multi‐sector and single‐country general equilibrium model is used and data is collected from the GTAP7 Database. The model al...
International Competitiveness: is the reduction of wages the solution?
Vaz, Elsa Cristina; Fontoura, Maria PaulaThe purpose of this paper is to analyse the effectiveness of the wage reduction in promoting efficiency and the international competitiveness of the Portuguese economy. A static multi-sectoral and single-country general equilibrium model will be used for the Portuguese case using the data from GTAP7 Data Base. The model allows measuring the changes by sectors. The simulations performed show that the reduction o...
What determines the export performance? : a comparative analysis of China and I...
Coutinho, Ana Luísa; Fontoura, Maria PaulaThis paper aims to assess the competitiveness of exports of manufactured goods from China and India to the European Union in the 2000s. The empirical analysis is based on two methodologies: (i) a Constant Market Share analysis which allows to decompose the export growth to the European market into several components including an effect usually related to competitiveness, and (ii) an analysis based on the combin...
The spatial dimension in FDI spillovers : evidence at the regional level from P...
Crespo, Nuno; Proença, Isabel; Fontoura, Maria PaulaThere are theoretical reasons to expect that benefits to domestic firms from foreign direct investment would be confined to the area where the multinational firm is located and that the benefits depend on the development level of the host region. However, there is a scarcity of empirical studies on FDI’s indirect effects at the regional level, particularly with regard to inter-industry spillovers. This paper is...
What determines the export performance? A comparative analysis at the world level
Crespo, Nuno; Fontoura, Maria PaulaWe use constant market share (CMS) analysis to measure the variations in the market share of 82 of the world’s principal exporting countries between 1995/97 and 2005/07. The results of this analysis serve to stress the importance of competitiveness in explaining export performance. Furthermore, the existence is observed of a spatial tendency, reflected in the fact that countries that are geographically close to...
The Spatial Dimension in FDI Spillovers: Evidence at the Regional Level from Po...
Crespo, Nuno; Proença, Isabel; Fontoura, Maria PaulaThere are theoretical reasons to expect that benefits to domestic firms from foreign direct investment would be confined to the area where the multinational firm is located and that the benefits depend on the development level of the host region. However, there is a scarcity of empirical studies on FDI's indirect effects at the regional level, particularly with regard to inter-industry spillovers. This paper is...
Does the location of manufacturing determine services sector location' choices?...
Crespo, Nuno; Fontoura, Maria PaulaConsidering the case of Portugal over the period 1995-2000, this paper analyses whether the location of market services is explained by the geographical proximity of the industrial sectors that use these services as intermediate inputs. A rather detailed level of regional disaggregation is used, namely the county level (275 counties). This influence is confirmed by the results of some location indices and by th...
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