Mountain tourism, in addition to one of the most common types of tourism, is generated by a complex of factors and at the same time, triggers a series of processes involving tourism phenomenon, especially the environment where it is taking place. This paper aims to discuss some of these causal...

Mountain tourism, in addition to one of the most common types of tourism, is generated by a complex of factors and at the same time, triggers a series of processes involving tourism phenomenon, especially the environment where it is taking place. This paper aims to discuss some of these causal...

We analyse the long run relationship between unemployment rate and deficit-GDP ratio for 19 OECD countries from 1981 to 2009. Based on Westerlund (2007), we find co-integration between the two variables, demonstrating that fiscal deficit policies, in the long, create unemployment and...

This study aims to discuss and quantify the reaction of a market or a population to perturbations assuming that their behaviour is governed by a differential equation containing a memory formalism modelling their evolution. A perturbation acts on a market, as well as on a population, as the...

This study attempts to examine the dynamic relationship between private domestic investment (PDI), the user cost of capital, public investment (PUB), FDI and economic growth in Malaysia over the period of 1970 to 2009. The Johansen cointegration test suggests that PDI, the user cost of capital,...