Location of the productive activity in Portugal and Spain : a research note
Autor(a) principal: | |
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Data de Publicação: | 2001 |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
Texto Completo: | http://hdl.handle.net/10400.5/25814 |
Resumo: | Trade and direct investment flows between the two 1berian countries have risen dramatically after the adhesion of both countries to the European Community in 1986 so that Spain is currently the main economic partner of Portugal. However the relation between the two countries is asymmetrical. The trade deficit of Portugal towards Spain is very high and Spain remains a most preferred location for the productive activity o fmultinational firms. This asymmetry can be assigned to the core-periphery nature of the relation between the two countries, because Spain is a larger market, it is more developed and is nearer than Portugal to the core of the European market. However this is not the unique explanation because Portugal is also peripheral with relation to the other members of the European Union (with the exception of Greece) and the trade disadvantage is much smaller with them. The explanation seems to follow from the combination of two factors. First, the comparative advantages of Portugal with relation to Spain seem modest in comparison to the advantages that it enjoys with other members of the EU Productive specializations and wage levels are more similar with Spain. Second, the decline of trade costs following the European integration was more drastic between the Iberian countries than between Portugal and the other countries of the EU due to geographic proximity, to linguistic similarity and to the fact that protectionism between the two lberian countries was more severe. A numerical example in the spirit of the "New Economic Geography" approach is used to make this explanation more systematic. |
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Location of the productive activity in Portugal and Spain : a research noteEconomic IntegrationLocationPortugalSpainIntegração económicaLocalizaçãoPortugalEspanhaTrade and direct investment flows between the two 1berian countries have risen dramatically after the adhesion of both countries to the European Community in 1986 so that Spain is currently the main economic partner of Portugal. However the relation between the two countries is asymmetrical. The trade deficit of Portugal towards Spain is very high and Spain remains a most preferred location for the productive activity o fmultinational firms. This asymmetry can be assigned to the core-periphery nature of the relation between the two countries, because Spain is a larger market, it is more developed and is nearer than Portugal to the core of the European market. However this is not the unique explanation because Portugal is also peripheral with relation to the other members of the European Union (with the exception of Greece) and the trade disadvantage is much smaller with them. The explanation seems to follow from the combination of two factors. First, the comparative advantages of Portugal with relation to Spain seem modest in comparison to the advantages that it enjoys with other members of the EU Productive specializations and wage levels are more similar with Spain. Second, the decline of trade costs following the European integration was more drastic between the Iberian countries than between Portugal and the other countries of the EU due to geographic proximity, to linguistic similarity and to the fact that protectionism between the two lberian countries was more severe. A numerical example in the spirit of the "New Economic Geography" approach is used to make this explanation more systematic.Os fluxos comerciais e de investimento directo entre os dois países Ibéricos subiram exponencialmente após a adesão dos dois países à Comunidade Europeia, em 1986, tornando a Espanha no principal parceiro económico de Portugal. Contudo, a relação entre os dois países não é simétrica. O défice comercial de Portugal frente a Espanha é muito elevado e a Espanha mantém-se como a localização preferencial da actividade produtiva das empresas multinacionais. Esta assimetria pode ser atribuída à natureza da relação centro-periferia existente entre os dois países, uma vez que a Espanha representa um mercado maior, tem níveis superiores de desenvolvimento e está mais perto, do que Portugal, do centro do mercado Europeu. Contudo, esta não é a única razão para explicar porque é que Portugal é também periférico face a.os outros membros da União Europeia (com excepção da Grécia) e a desvantagem comercial com eles é muito menor. A explicação parece resultar da combinação de dois factores. Em primeiro lugar, as vantagens comparativas de Portugal relativamente a Espanha parecem modestas quando comparadas com as vantagens que apresenta face às especializações produtivas dos outros membros da UE e os níveis salariais estão mais próximos dos de Espanha. Em segundo lugar, a quebra dos custos de comércio em resultado da integra- ção Europeia foi mais drástica entre os países Ibéricos do que entre Portugal e os outros países da UE, devido à proximidade geográfica, à semelhança linguística e ao facto de o proteccionismo entre os dois países Ibéricos ser mais severo. No espírito da abordagem da "Nova Geografia Económica", utiliza-se um exemplo numérico para sistematizar esta apresentação.FCSH- UNL -GeoINovaRepositório da Universidade de LisboaPontes, José Pedro2022-10-27T13:23:59Z20012001-01-01T00:00:00Zinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articleapplication/pdfhttp://hdl.handle.net/10400.5/25814engPontes, José Pedro.(2001). "Location of the productive activity in Portugal and Spain: a research note". GeoINova, nº 3: pp. 201-209.0874-6540info:eu-repo/semantics/openAccessreponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos)instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãoinstacron:RCAAP2023-03-06T14:55:20Zoai:www.repository.utl.pt:10400.5/25814Portal AgregadorONGhttps://www.rcaap.pt/oai/openaireopendoar:71602024-03-19T17:09:34.160020Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informaçãofalse |
dc.title.none.fl_str_mv |
Location of the productive activity in Portugal and Spain : a research note |
title |
Location of the productive activity in Portugal and Spain : a research note |
spellingShingle |
Location of the productive activity in Portugal and Spain : a research note Pontes, José Pedro Economic Integration Location Portugal Spain Integração económica Localização Portugal Espanha |
title_short |
Location of the productive activity in Portugal and Spain : a research note |
title_full |
Location of the productive activity in Portugal and Spain : a research note |
title_fullStr |
Location of the productive activity in Portugal and Spain : a research note |
title_full_unstemmed |
Location of the productive activity in Portugal and Spain : a research note |
title_sort |
Location of the productive activity in Portugal and Spain : a research note |
author |
Pontes, José Pedro |
author_facet |
Pontes, José Pedro |
author_role |
author |
dc.contributor.none.fl_str_mv |
Repositório da Universidade de Lisboa |
dc.contributor.author.fl_str_mv |
Pontes, José Pedro |
dc.subject.por.fl_str_mv |
Economic Integration Location Portugal Spain Integração económica Localização Portugal Espanha |
topic |
Economic Integration Location Portugal Spain Integração económica Localização Portugal Espanha |
description |
Trade and direct investment flows between the two 1berian countries have risen dramatically after the adhesion of both countries to the European Community in 1986 so that Spain is currently the main economic partner of Portugal. However the relation between the two countries is asymmetrical. The trade deficit of Portugal towards Spain is very high and Spain remains a most preferred location for the productive activity o fmultinational firms. This asymmetry can be assigned to the core-periphery nature of the relation between the two countries, because Spain is a larger market, it is more developed and is nearer than Portugal to the core of the European market. However this is not the unique explanation because Portugal is also peripheral with relation to the other members of the European Union (with the exception of Greece) and the trade disadvantage is much smaller with them. The explanation seems to follow from the combination of two factors. First, the comparative advantages of Portugal with relation to Spain seem modest in comparison to the advantages that it enjoys with other members of the EU Productive specializations and wage levels are more similar with Spain. Second, the decline of trade costs following the European integration was more drastic between the Iberian countries than between Portugal and the other countries of the EU due to geographic proximity, to linguistic similarity and to the fact that protectionism between the two lberian countries was more severe. A numerical example in the spirit of the "New Economic Geography" approach is used to make this explanation more systematic. |
publishDate |
2001 |
dc.date.none.fl_str_mv |
2001 2001-01-01T00:00:00Z 2022-10-27T13:23:59Z |
dc.type.status.fl_str_mv |
info:eu-repo/semantics/publishedVersion |
dc.type.driver.fl_str_mv |
info:eu-repo/semantics/article |
format |
article |
status_str |
publishedVersion |
dc.identifier.uri.fl_str_mv |
http://hdl.handle.net/10400.5/25814 |
url |
http://hdl.handle.net/10400.5/25814 |
dc.language.iso.fl_str_mv |
eng |
language |
eng |
dc.relation.none.fl_str_mv |
Pontes, José Pedro.(2001). "Location of the productive activity in Portugal and Spain: a research note". GeoINova, nº 3: pp. 201-209. 0874-6540 |
dc.rights.driver.fl_str_mv |
info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
dc.format.none.fl_str_mv |
application/pdf |
dc.publisher.none.fl_str_mv |
FCSH- UNL -GeoINova |
publisher.none.fl_str_mv |
FCSH- UNL -GeoINova |
dc.source.none.fl_str_mv |
reponame:Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) instname:Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação instacron:RCAAP |
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Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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RCAAP |
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RCAAP |
reponame_str |
Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) |
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Repositório Científico de Acesso Aberto de Portugal (Repositórios Cientìficos) - Agência para a Sociedade do Conhecimento (UMIC) - FCT - Sociedade da Informação |
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