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FDI is viewed as a major determinant of economic growth, both directly and indirectly, via exports for both long and short\u2010run cases.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-heading\">Practical implications<\/jats:title><jats:p>The results provide important corollaries in terms of policy implications and their relevance is far from being parochial. Some lessons in terms of domestic policies can be drawn by many countries that are now becoming EU members with economic structures and problems similar to those presented by the Portuguese economy in the 1980s.<\/jats:p><\/jats:sec><jats:sec><jats:title content-type=\"abstract-heading\">Originality\/value<\/jats:title><jats:p>This paper is the first of its kind to analyze the role of both FDI and exports in the Portuguese economy during the 1977\u20102004 period, over which many efforts were developed in order to increase the external competition of the economy, in particular in the context of community structural frameworks. In order to reinforce the inflows of FDI, authorities should continue the progressive reduction of barriers to FDI and the reforms of the labour market which started in the early 2000s.<\/jats:p><\/jats:sec>","DOI":"10.1108\/01443581011061276","type":"journal-article","created":{"date-parts":[[2010,8,7]],"date-time":"2010-08-07T07:14:01Z","timestamp":1281165241000},"page":"267-287","source":"Crossref","is-referenced-by-count":32,"title":["What causes economic growth in Portugal: exports or inward FDI?"],"prefix":"10.1108","volume":"37","author":[{"given":"Jorge M.","family":"Andraz","sequence":"first","affiliation":[]},{"given":"Paulo M.M.","family":"Rodrigues","sequence":"additional","affiliation":[]}],"member":"140","reference":[{"key":"key2022021820093643700_b1","unstructured":"AICEP (2008), \u201cPortugal \u2013 country profile\u201d, available at: www.portugalglobal.pt\/CmsAPI\/AICEP\/Portugalcountryprofilebookmarks_ing.PDF."},{"key":"key2022021820093643700_b2","doi-asserted-by":"crossref","unstructured":"Awokuse, T.O. 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