Showing 1 - 10 of 11
This paper describes the dynamics of the economic performance of the sub-national Mexican states from 1970 to 2006; the used state variables are the levels and the growth rates of the GDP per capita. The authors situate his approach in a conceptual and methodological panorama of the existent...
Persistent link: https://www.econbiz.de/10009291558
Argentinian and Brazilian demands for tourism in Uruguay are analyzed separately. These countries represent 66.25% of the receptive tourism in Uruguay, however they presente different characteristics. Two long-run relationships among tourism expenditures, income and real touristic exchange rate...
Persistent link: https://www.econbiz.de/10010894972
We consider a pure exchange economy, where agent's consumption spaces are Banach spaces, goods are contingent in time of states of the world, the utility function of each agent is not necessarily a separable function, but increasing, quasiconcave, and twice Frechet differentiable over the...
Persistent link: https://www.econbiz.de/10005518393
In this paper we show that in a pure exchange economy it is possible to improve the social welfare along an e±cient path. This path will be called the Negishi map. Moving the relative weights of the agent in a social welfare utility function, we obtain an e±cient path of allocations and social...
Persistent link: https://www.econbiz.de/10005481497
Persistent link: https://www.econbiz.de/10004990429
The aim of this paper is to characterize the set of singular economies, when there are a finite set of consumers with infinitely many goods in the sense that goods differ in the time which they are consumed or in the state of the world in which they become available. There exist l available...
Persistent link: https://www.econbiz.de/10005649895
The object of this paper is to show some examples of economies in which singular equilibria occur as a consequence of utility functions and where this equilibria play a crucial rolle to understand the behavior of the economy as a system. An economy will be called singular if little changes in...
Persistent link: https://www.econbiz.de/10005292554
In this paper I describe and apply the methods of Symbolic Time Series Analysis (STSA) to an experimental framework. The idea behind Symbolic Time Series Analysis is simple: the values of a given time series data are transformed into a finite set of symbols obtaining a finite string. Then, we...
Persistent link: https://www.econbiz.de/10005518337
In this paper we model tourism development in the framework of multi- population dynamics and analyze the time pattern of its impact as the evolution of the interaction between two populations feeding over the same space-resource. Each population might be structured in two (or more) ?clubs? with...
Persistent link: https://www.econbiz.de/10005518355
In this paper we present a formal definition of the notions of economic regime and regime dynamics. Starting from these definitions, we discuss a multiple regime dynamic model generating an endogenous unemployment-price adjustment mechanism. Two different employment regimes are introduced and...
Persistent link: https://www.econbiz.de/10004990430