The main purpose of this paper is to develop a new kind of input-output multiplier that would be particularly well suited to quantifying the impacts of final demand changes on the sectoral output growth potential of an economy. Instead of using the traditional output multipliers, solving an...

From the 1990s, the Brazilian development model went from protector of the industrial sector to the trade liberalization process, which brought the need for extensive restructuring of the productive sectors of the economy must, henceforth to confront openly the global competitors within the...

This paper investigates the common intuition suggesting that during crises the shape of the financial market clearly differentiates from that of random walk processes. In this sense, it challenges the analysis of the nature of financial markets proposed by Fama and his associates. For this, a...

Assuming that the traditional input-output multipliers lead to a misinterpretation of macroeconomic concepts for multisectoral analysis of a given economy, the aim of this article is to calculate the new multipliers of variation in the final demand on the production and value added by the...

The sovereign debt crisis in the euro area has not yet been solved and recent developments in Spain and Italy have further deteriorated the situation. In this paper we develop a new approach to analyze the ongoing Eurozone crisis. Firstly, we use Maximum Spanning Trees to analyze the topological...

Economic complexity can be defined as the level of interdependence between the component parts of an economy. In input--output systems interindustry connectedness is a crucial feature of analysis, and there are many different methods of measuring it. Most of the measures however, have important...

This paper investigates the common intuition suggesting that during crises the shape of the financial market clearly differentiates from that of random walk processes. In this sense, it challenges the traditional analysis of the nature of financial markets implicit in the most popular models....

An integrated methodology for evaluation of overwash vulnerability is developed with respect to the historical washover evolution of a barrier island system. Three different aspects of overwash are addressed in the vulnerability indices developed: overwashed shoreline ratio, maximum overwash...

Este artigo identifica factores determinantes das estratégias de aliança entre empresas portuguesas e empresas estrangeiras, distinguindo entre condições externas e condições internas às empresas. Utiliza-se um modelo logit para estimar os efeitos destes factores na constituição de...