Search results for "Economic Models"
showing 9 items of 9 documents
The community structure of the global corporate network.
2013
We investigate the community structure of the global ownership network of transnational corporations. We find a pronounced organization in communities that cannot be explained by randomness. Despite the global character of this network, communities reflect first of all the geographical location of firms, while the industrial sector plays only a marginal role. We also analyze the network in which the nodes are the communities and the links are obtained by aggregating the links among firms belonging to pairs of communities. We analyze the network centrality of the top 50 communities and we provide the first quantitative assessment of the financial sector role in connecting the global economy.
Dominating Clasp of the Financial Sector Revealed by Partial Correlation Analysis of the Stock Market
2010
What are the dominant stocks which drive the correlations present among stocks traded in a stock market? Can a correlation analysis provide an answer to this question? In the past, correlation based networks have been proposed as a tool to uncover the underlying backbone of the market. Correlation based networks represent the stocks and their relationships, which are then investigated using different network theory methodologies. Here we introduce a new concept to tackle the above question--the partial correlation network. Partial correlation is a measure of how the correlation between two variables, e.g., stock returns, is affected by a third variable. By using it we define a proxy of stoc…
On the emergence of the urban phenomenon. Part I
2001
In this paper we develop a relatively simple but general model describing the formation of urban agglomerations in a pre-industrial setting. Rural agglomeration on a local scale arises from the multiplication and specialization of intermediate goods and labor services, while dispersion is due to the commuting costs of agricultural workers. Urban agglomeration on a more global scale stems from the trade-off between increasing returns to scale and transport costs of goods. We derive a general equilibrium model of the formation of urban structures and show how population growth, strict indivisibilities and structural changes in the production sector can modify quantitatively and qualitatively …
How costly are debt crises?
2011
The aim of this paper is to assess the short- and medium-term impact of debt crises on GDP. Using an unbalanced panel of 154 countries from 1970 to 2008, the paper shows that debt crises produce significant and long-lasting output losses, reducing output by about 10 percent after eight years. The results also suggest that debt crises tend to be more detrimental than banking and currency crises. The significance of the results is robust to different specifications, identification and endogeneity checks, and datasets.
Economic models and representation.
2007
Pricing the homebuyer's countryside view
2008
In most developed nations big cities are expanding ever farther into the countryside. Rural populations are growing, whether with workers - commuters or the self-employed - retired people, or temporary residents. In France a "periurbanization" movement began in Ile-de-France in the 1960s and spread to the large provincial cities in the next decade before becoming a nationwide phenomenon (Le Jeannic 1997; Schmitt et al. 1998; Cavailhès and Schmitt 2002). So successful was this movement that by 1999 33% of the land area of France was periurban with 12.3 million people living there. Progression from 1990 to 1999 was remarkable, with the area concerned increasing by half (more than 6 million he…
Analysis of the Economic Research Context after the Outbreak of the Economic Crisis of 2007-2009
2015
In this paper it, we have conducted a factor analysis which implied determining the international research directions that have characterized the period following the outbreak of the crisis in 2007 and 2008-2011. In this research, we used secondary data that were extracted from 342 articles, which were based on 665 individual researches. Following this research, we have identified three main research in the macroeconomic areas which explained 56% of all the analyzed research. Also, the results showed the trends in macroeconomic research after the start of the crisis in 2007.
Talouskasvu Suomessa : aluetaloudellinen tarkastelu
2000
Espace culturel, territoire et terroir : approches spatiales des groupes campaniformes récents dans le sud-est de la France
2000
In south-eastern France, the récent Bell-Beaker culture is marked by the presence of a regional Rhône-Provence group having complex relationships with other régional Bell-Beaker and regional final Neolithic groups. The analysis from a spatial point of view and at different levels (cultural space, territory, land) leads to a better knowledge of prehistoric geography and also to raises other questions, such as chronology, history of populations and socio-economic models.