English, Article, Journal or magazine article edition: Capital services estimates in Portuguese industries, 1977-2003 Ester Gomes da Silva

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Bookmark: http://trove.nla.gov.au/version/182623
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Capital services estimates in Portuguese industries, 1977-2003
Author
  • Ester Gomes da Silva
Physical Description
  • preprint
Notes
  • 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. Our findings suggest a close proximity between the evolution of capital flows and the observed fluctuations of Portuguese macroeconomic growth. TFP growth estimates based on growth accounting reveal, furthermore, a very disappointing performance of the Portuguese economy during the period under study,with an average annual rate of TFP growth of 0.8% being observed. Performance varies across industries, but the bulk of activities show very modest rates of TFP growth.
  • Capital services, TFP, Portugal
  • RePEc:por:fepwps:313
Language
  • English
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