Portugal : Selected Issues

Author/Editor:

International Monetary Fund

Publication Date:

October 20, 2005

Electronic Access:

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Summary:

This Selected Issues paper on Portugal reviews the considerations regarding productivity slowdown. The favorable evolution of income growth from the 1970s to the mid-1990s in Portugal was associated with above-average productivity growth but also reflected a more moderate decline in the amount of hours worked than that experienced in other countries in Europe. Portugal was an outstanding performer with double-digit productivity increases in large several high-tech industries. The evidence suggests that the negative impact of high labor adjustment costs on productivity is more intense for small- and medium-size companies and depends on the nature of wage-bargaining systems.

Series:

Country Report No. 05/376

Subject:

English

Publication Date:

October 20, 2005

ISBN/ISSN:

9781451928006/1934-7685

Stock No:

1PRTEA2005002

Price:

$15.00 (Academic Rate:$15.00)

Format:

Paper

Pages:

63

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