The economic performance of Austria and Italy during the last two decades is analysed by economists from both countries. Their contributions interpret observed historical facts starting from a macroeconomic level down to disaggregated structural issues. The performance as well as prospects of...

In this paper we model tourism in the framework of multi-population dynamics and analyze the time pattern of its development through the evolving interaction between two populations feeding on a common space-resource. Each population might be structured in two (or more) "clubs" of members...

International tourism, on which we focus in this paper, is recognized to contribute to long-run growth through a whole list of diverse channels. This belief that tourism can promote, if not, plainly, cause long-run growth is known in the literature as the Tourism-Led Growth Hypothesis (TLGH)....

Relying on internationally comparable input-output tables, the paper compares the cost of distribution services to market prices in Italy, Japan and the United States between 1970 and 1990, for various types of final buyers and for various product groups. While this ratio is shown to be stable...

The recent accelerated expansion of the Brazilian economy, from 2004 to 2007, was driven by exports and gross fixed capital formation. Although this pace of growth is more robust than it was in the 1990s, we can still witness the presence of macroeconomic constraints to its continuation in the...

[eng] The paper illustrates a novel, experimental approach to the dynamics of an observed eco­nomy described as a sequence of regime changes, and to compare it with traditional mul-tisectoral dynamics. It focuses on its global dynamic behavior and introduces a corresponding practical notion of...

We consider an economy with two types of firms (innovative and non-innovative) and two types of workers (skilled and unskilled), where workers' decisions are driven by imitative behavior, and thus the evolution of such an economy depends on the initial distribution of the firms. We show that...