Pitfalls in Historical and Geographical Determinism
SOURCES
OUTLINE
Diapositivo do PPT
PRIMARY EXPENDITURES % GDP 1951-2004
RISING RELATIVE UNIT LABOUR COSTS % p.a. 1998-2004
Portugal and Spain: GDP per capita as % USA
Portugal and Spain: GDP per worker % USA
Portugal and Spain: Human capital as % USA
Value added per worker and its factors in Spain and Portugal compared to USA (1)=(2)*(3)*(4)
CONCLUSION
Appendix: GDP per worker (y) and per capita in USA, Spain and Portugal
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