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...

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

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...

Purpose - The purpose of this paper is to quantify the impact of the evolution of consumption patterns associated with ageing on the relative importance of industries in Portugal. Design/Methodology/Approach - This paper uses data from the Family Spending Survey to disaggregate the Household...

Cluster analysis has been widely used in an Input-Output framework, with the main objective of uncover the structure of production, in order to better identify which sectors are strongly connected with each other and choose the key sectors of a national or regional economy. There are many...

Purpose – The purpose of this paper is to study the impact of the evolution of consumption patterns associated with ageing on the relative importance of industries in Portugal, quantifying the changes in production, value added, imported intermediate inputs and employment....

Complexity is a purposeful integrating framework for interdisciplinary dialogue, namely between sociologists and economists. After presenting some properties of complex (social) systems, we consider the crucial role of the economic complexity research agenda in challenging the mainstream...

This article presents an evaluation of the economic adjustment program negotiated between the Portuguese government and the Troika (European Commission, ECB and IMF) in May 2011, with an assessment different from the usual exercises. Instead of an ex-post comparison between the actual results...

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...