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  • The Economic Effects of Improving Investor Rights in Portugal 

    Castro, Rui; Clementi, Gian Luca (Université de Montréal. Département de sciences économiques., 2009-02)
    The Portuguese economy has performed remarkably well since joining the EU in 1986. Output per worker grew at an annual rate of 2.25%. The relative price of investment has declined. Real investment has increased compared to output, in part fuelled by ...
  • Legal Institutions, Sectoral Heterogeneity, and Economic Development 

    Castro, Rui; Clementi, Gian Luca; MACDONALD, Glenn (Université de Montréal. Département de sciences économiques., 2008-07)
    Poor countries have lower PPP–adjusted investment rates and face higher relative prices of investment goods. It has been suggested that this happens either because these countries have a relatively lower TFP in industries producing capital goods, or ...