The paper reviews and compare a selection of existing and new alternative indicators of Revealed Comparative Advantages, with a special emphasis on trade in intermediate products. The research adopts a statistical approach for both its theoretical and its analytical facets. The formal concepts...

This paper aims to highlight the trade imbalance between United States and China based on the analysis of core factors contributing the imbalance. These factors are comprise of trade inequality, exchange rate issue, difference in basic economic structure of both the countries, and methodology of...

In spite of the fact that the Czech Republic, on its entry into the European Union, undertook, within the shortest possible time limit, to meet all the terms and conditions which are required for adoption of the common European currency, the Euro, it is apparent at the present time that the...

In this paper we examine the importance of institutional arrangements and factors related to the economic structure to explain inflation outcomes in Latin America. We perform a dynamic panel data analysis with an ample set of variables that allowed us to consider the temporal dimension of the...

Vietnam started a process of economic reform in 1986 and is presently opening up its economy to regional and global economic forces. As a result, Vietnam faces significant challenges in the area of economic policy analysis. This paper reviews insights emerging from a detailed social accounting...

Economic structures can be studied as networks of industries linked through flows of commodities that - in turn - the consuming sectors use as inputs. The Input-Output (IO) model is a suitable framework for analysing those structures, because its main target is the study of interdependence...

This article, using input-output tables, makes an analysis of the structure of production, consumption, and income distribution in the Brazilian economy in 1975 and 1980. The results show that: a) the dynamic in the economy is given by the consumers in the income group between 5 and 20 minimum...

The welfare state was created after 1950 with counterproductive mechanisms and this caused high inflation and high unemployment and stagnating growth by 1970, called stagflation. Since 1970 governments redressed the welfare state but did not succeed in finding workable mechanisms. They rather...

The economic analysis of organized crime suggests that some economic activities are particularly vulnerable to penetration by criminal organizations. This paper provides an analysis of the structure of the Sicilian economy and shows that, when compared to other Italian regions, it is...