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In this paper a new approach to the analysis of the dynamics of economies is presented; applications to time series will also be suggested. In such applications, computational experiments may play a central role to provide a different heuristics and to explore data information. The approach is...
Persistent link: https://www.econbiz.de/10014138755
In this paper, we review the basic notions and definitions of economic regime and regime switching. The purpose of this review is to describe how these notions appear implicitly or explicitly in different areas of the economic literature. We will not claim to offer a complete survey. The goal is...
Persistent link: https://www.econbiz.de/10014059577
We consider an extensive form game to analyze the interdependence between environmental protection of resources, the activities related with the tourism and the behavior of a local population. We answer two questions: 1) Suppose that the central planner invest in tourist activities, has he...
Persistent link: https://www.econbiz.de/10008585869
This paper argues that the Brazilian economy went recently through a process of accelerated growth driven by exports and fixed capital formation. Although the pace of growth was more robust than in the 1990 decade, we can still see the presence of macroeconomic constraints to its continuation in...
Persistent link: https://www.econbiz.de/10003909680
This paper theoretically and empirically investigates deindustrialization in a group of selected countries, from 1970 to 2017, viewing it as a process of varied and complex causes, sensitive to the degree of economic development. Supported by the theoretical framework on the centrality of the...
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