This book shows the potential of entropy and information theory in forecasting, including both theoretical developments and empirical applications. The contents cover a great diversity of topics, such as the aggregation and combination of individual forecasts, the comparison of forecasting...

The aim of this paper is to shed some light on the behaviour of Inequality of Opportunity (IOp henceforth) in developing countries. The analysis is carried out using microdata collected by national surveys and harmonised by the Luxembourg Income Study (LIS). The LIS database incorporates a wide...

The employment is a main economic variable whose evolution has shown different dynamics within the European Union. Recent papers have recovered the significance of the sectoral factors in the explanation of the regional growth. In this sense, shift and share analysis has been considered an...

This book shows the potential of entropy and information theory in forecasting, including both theoretical developments and empirical applications. The contents cover a great diversity of topics, such as the aggregation and combination of individual forecasts, the comparison of forecasting...

The analysis of different economic situations and risk factors is necessary in order to properly define forecasting scenarios. In this paper we focus on the shift-share model as a useful tool in the definition of economic scenarios, based on the different components that contribute to the change...

The main feature of shift-share analysis is, according to Dunn (1960), the computation of geographical shifts in economic activity. Nevertheless, the traditional shift-share approach does not include explicitly the interaction between the considered spatial units (countries, municipalities,...