This study uses time-series techniques and econometric approaches in order to quantify the effects that organising an EU presidency has on the tourism exports of a country. The approach to explain tourism revenues by a time-series intervention model filters out special effects (data...

In this article we study the return transmission among stock markets in Greater China – Mainland China (Shanghai, Shenzhen), Hong Kong and Taiwan – a region which has been enjoying tremendous growth and expansion in the economies and capital markets in the last decade. Using a multiple time...

In the increasingly globalized economy these days, the major crude oil markets worldwide are seeing higher level of integration, which results in higher level of dependency and transmission of risks among different markets. Thus the risk of the typical multi-asset crude oil portfolio is...

Рассматриваются вопросы представления экономического процесса в виде замкнутой динамической системы. Обобщаются и систематизируются материалы по адаптации...

With the coefficient matrices of the polynomial matrices replacing the scalar coefficients in the standard Sylvester matrix, common factors exist if and only if this (generalized) Sylvester matrix is singular and the coefficient matrices commute. If the coefficient matrices do not commute, a...

Implementing control structures such as gates at suitable locations in the urban drainage network enables its improved utility by actively controlling and optimizing the flow during a flood event. The successful operation of the control structure is fully governed by the suitability and...

Space constraints in developed urban cities necessitate utilizing existing capacity of the drainage system for actively controlling and optimizing the flow during a flood event. This is mainly achieved by the use of non-structural control measures (in the form of suitable controllers and control...

In real-time flood warning systems, sufficient lead-time is important for people to take suitable actions. Rainfall forecasting is one of the ways commonly used to extend the lead-time for catchments with short response time. However, an accurate forecast of rainfall is still difficult for...