In this paper I comment on Auray, Eyquem, and Pontineau (2012). I show that their introduction of sticky-prices into Ghironi \& Melitz (2005) framework is incorrect and generates a bias in simulation results. Additionally, I find that, by introducing sticky-prices into Ghironi \& Melitz (2005)...

In the first part of this paper the effects of trade cycles on economic growth are discussed to test the hypothesis of autocatalytic trade cycles, which indicates that more innovation is produced in countries that are a part of these cycles. Using United Nations data, a trade network is...

Assessing child well-being through composite summary indexes is one of the most recent developments regarding child well-being measurement. Using a new index that takes into account the children’s own perspectives, this paper presents empirical evidence on the main determinants of overall...

The rising interest in the creative economy has encouraged several authors both in the political and academic spheres to focus on creative industries and cultural activities and assess their effects on regional and national development. The issue of measurement has, however, limited the analysis...

The competitive and organizational behavior of new firms has changed dramatically. Firms do not need to be big to internationalize, International New Ventures (INV) are a reality. But, they are characterized by the liability of newness and the liability of smallness. Since the nineties, scholars...

Creative industries and creative occupations have increasingly been attracting attention in recent years, in both policy and academic fields. Not enough literature has yet been produced on the topic to overcome the fuzziness and all-embracing definitions of the creative class, the lack of...

The eurozone faces a profound sovereign debt crisis threatening the very existence of the euro. As a result, the recovery of the world economy has become more uncertain. Therefore, the study of the foundations of this crisis is of the utmost importance. Three of the countries involved, Portugal,...

O artigo identifica as actividades empreendedoras e os municípios empreendedores em Portugal. Cerca de metade dos municípios portugueses respondentes possuem e/ou têm em curso actividades e iniciativas empreendedoras. A vasta maioria afirma ter obtido e/ou se candidatado a fundos de...

A área ‘internacional’ é frequentemente estudada a partir de perspectivas isoladas como a da Economia ou a das Relações Internacionais. No entanto, a respectiva multidisciplinaridade exige uma abordagem múltipla e combinada que raramente é encontrada na literatura científica. Em...

We built a general equilibrium endogenous growth model in which final goods are produced either in the relatively skilled-labour intensive exports sector or in the relatively unskilled-labour intensive domestic sector. We show that, by affecting the technological-knowledge bias, subsidies...