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We address the problem of estimating an environmental Kuznets curve for CO2 in open economies. The novelty is that we follow a time series approach. The objective is, �first to answer a critique concerning the liability of Kuznets curves estimations when using cross-section data. For most of...
Persistent link: https://www.econbiz.de/10015215611
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...
Persistent link: https://www.econbiz.de/10011336143
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...
Persistent link: https://www.econbiz.de/10011397545
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...
Persistent link: https://www.econbiz.de/10005463759
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...
Persistent link: https://www.econbiz.de/10010818291
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...
Persistent link: https://www.econbiz.de/10010761901
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...
Persistent link: https://www.econbiz.de/10010761903
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...
Persistent link: https://www.econbiz.de/10010873117