Search results for "Structural change"

An empirical analysis of growth volatility: A Markov chain approach

2005

This paper studies the determinants of growth rate volatility, focusing on the effect of level of GDP, structural change and the size of economy. First we provide a graphical analysis based on nonparametric techniques, then a quantitative analysis which follows the distribution dynamics approach. Growth volatility appears to (i) decrease with per capita GDP, (ii) increase with the share of the agricultural sector on GDP and, (iii) decrease with the size of the economy, measured by a combination of total GDP and trade openness. However, we show that the explanatory power of per capita GDP tends to vanish when we control for the size of the economy. © 2005 Springer-Verlag Berlin Heidelberg.

Growth Volatility Indices

2006

We study the determinants of growth rate volatility in a multisector economy where sectors are heterogeneous in their individual volatility. We propose a model where aggregate volatility is explained by structural change and the size of the economy. We present a first attempt to test these predictions measuring growth volatility by indices based on Markov transition matrices. Growth volatility appears to (i) decrease with total GDP and (ii) increase with the share of the agricultural sector on GDP, although some nonlinearities appear. Trade openness, which we relate to the size of the economy, also plays a role. In accordance with our model, the explanatory power of per capita GDP, a releva…

Biproportional Method for Analysing Interindustry Dynamics: the case of France

1990

Two elements are being presented in this paper: (1) A new and original method for analysing matrix dynamics, called the synthetical biproportional projector method (SBP), which can be used to project input–output tables and compare one with another. (2) Some results for France for the important period 1970–85. The paper starts with the observation that no systematic study of the change in the French productive structure as displayed In the input–output tables (tableaux entries-sorties in France) has ever been made. This is unfortunate, since a complete series of data is now available concerning a key period of the French economic evolution including the petroleum crisis, European integratio…

Croissance et convergence des pays de la zone CFA : une étude par les données de panel non stationnaires

2011

During the recent years, african countries in the CFA zone have experienced many economic changes on the one hand through the measures initiated by bilateral and multilateral donors and on the other hand through the economic and monetary integration policies. Thus, relying on the assumption that because of these interventions, the economic systems incorporate various phenomena such as structural change and economic interdependencies, we studied their major implications on growth, convergence and growth predictability. Emphasis is first placed on the major features of integration policies in a monetary union, while stressing the possible implications of such policies on the economic dynamics…

Pressure-induced hysteresis in the high spin \leftrightarrow low spin transition in bis(2,4-bis(pyridin-2-yl)thiazole) iron(II) tetrafluoroborate

2008

Studies of the spin transition behavior of the mononuclear compound [Fe(pythiaz)2](BF4)2 have been carried out under hydrostatic pressures up to 9.13 kbar in the 5–300 K temperature range. Under ambient pressure this compound exhibits an approximately half-step (incomplete) HS ↔ LS transition with T1/2 = 146 K without any thermal hysteresis. At pressures up to 4.5 kbar the behavior remains similar but with an upward displacement of T1/2 and a slight decrease in the residual high spin fraction at low T . Application of higher pressures resulted in an almost complete two-step spin transition with several unusual pressure effects. Along with the expected pressure dependence of T1/2 the surpris…

Influence of process parameters for thixotropic alloys

2007

With reference to a metallic alloy, the attribute thixotropic is utilized to indicate the behaviour of it in the semi-solid state when its microstructure consists of spheroids in a liquid matrix. Such alloys are characterized by very low values of viscosity under shearing stress in the semi-solid state, while after solidification they show relevant mechanical properties. Actually a structural change from a dendritic structure to a globular one, with the globular grains finely dispersed in a liquid matrix, is observed after particular thermo-mechanical treatments. In the present paper the authors present the results of a wide experimental campaign on the AA 7075 aluminium alloy that shows a …

Organisaatiokulttuurin ja johtajuusidentiteetin merkitys matriisiorganisaatiomuutoksessa : case-tutkimus

2012

Rural shopkeepers in a time of crisis

2021

Weathering of low-density polyethylene grafted with itaconic acid in laboratory tests

2011

Polyethylene grafted with itaconic acid was subjected to weathering under laboratory accelerated conditions. The course of the photo-oxidative degradation process of that material was studied by FTIR spectroscopy both through quantitative measurements of changes in absorbance values at selected wave numbers and through measurements of surface area values for absorption bands which were separated by means of deconvolution. The use of both those procedures of quantitative determinations resulted in a general conclusion that the oxidation process was initiated from the very first moment of irradiation, and it produced ketones, acids, esters (intramolecular and of acetate type), peracids, peres…

Past, present, and future of green product innovation

2021

Firms are under constant pressure from various governmental and nongovernmental agencies to switch from conventional environmentally polluting products to green product innovations (GPIs). However, the relevant research pertaining to GPI has been published in a diverse set of journals that vary in their scope and readership and, therefore, the scholarly contribution to the topic remains largely fragmented. This study has utilised a systematic literature review approach to examine the literary corpus on GPI to paint a holistic picture of its different aspects. The content and thematic analysis of 85 studies resulted in the extraction of seven key research themes: organisational capabilities,…