Este trabalho procura identificar os sectores de actividade que estiveram na base do crescimento económico da região do Algarve, a região sul de Portugal continental, bem como os estímulos de crescimento que conseguiram transmitir aos sectores endógenos da região no período entre 1995 e 2003. Com a adopção do modelo de Base Económica, aos níveis inter-regional e intra-regional, os resultados sugerem que fora...
This article evaluates the existing relative degree of association among several developed economies, including Portugal. Using the Kalman fi lter the cyclical evolution of GDP in Portugal is compared with the cyclical evolution of GDP from several other economies of reference, such as the euro area, France, Germany, Greece, Ireland, Italy, Japan, Spain, the UK and the US.
This paper presents an empirical analysis of the "Great Moderation" phenomenon characterized by a decrease of volatility in GDP real growth rates, using quarterly data for the OECD member states over the period 1960-2010. This paper expands the existing literature on methodological and empirical grounds. We use a GARCH modeling approach with endogenously determined structural breaks in both the trend and volati...
Este artigo, visa avaliar o grau relativo de associação existente entre várias economias avançadas, incluindo Portugal. Neste sentido, a evolução cíclica do PIB de Portugal é comparada com a evolução cíclica do PIB de várias economias de referência, tais como a área do euro, Alemanha, Espanha, EUA, França, Grécia, Irlanda, Itália, Japão e Reino Unido, recorrendo ao filtro de Kalman.
In this paper, we use the concept of convergence based on the stationarity of cross-country per capita output differences and propose new on the persistence and change of persistence of data, taking into consideration the occurrence of structural changes. We consider data on per capita output of the European Union member states, considering the Western European economies and the Eastern European economies in...
Inflation is an important macroeconomic variable that affects the options of economic agents as well as their future expectations and it is often regarded as a result of domestic policies combined with the effects of globalization and therefore, a sign of how governments have been well succeeded in their political options. This issue is reflected in the mandate of many monetary authorities to maintain price...
The authors apply recently proposed persistence change tests to inbound tourism series in order to evaluate whether their properties have changed over time. By using quarterly series of the number of overnight stays in hotel accommodation and similar establishments in the Algarve, from 1987:01 to 2008:03, they gathered evidence of persistence change in all series. In particular, a change from I(1) to I(0) was d...
Over the past three decades, Portugal has developed a strong economic dependence on tourism, which has several implications for the country's overall economic development. Tourism is an activity that is interrelated strongly with the economic system since Portugal as a whole and specific regions in particular rely on the performance of tourism for their economic activity. Moreover, because economic cycles affec...
Em Portugal, e em particular na região do Algarve, o sector do turismo tem assumido uma importância inegável como motor do desenvolvimento regional, dados os efeitos directos e indirectos gerados sobre os restantes sectores de actividade económica.
O objectivo deste trabalho é investigar o impacto económico regional dos investimentos em infra-estruturas rodoviárias em Portugal, focando o caso das auto-estradas sem custos para o utilizador (auto-estradas Scuts).
Financiadores do RCAAP | |||||||
![]() |
![]() |
![]() |
![]() |
![]() |
![]() |