1,879 research outputs found

    Optimal growth with intermediate goods interdependence: A difference game approach

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    Two countries face a strategic interdependence in producing intermediate goods. Producing these intermediate goods requires both of domestic capital and another imported intermediate good. Individually they determine its balanced growth path by taking into account this interdependence. By allowing for strategic interactions in the analysis we adapted a two-agent dynamic setting and find an interior Markov Perfect Equilibrium (MPE) as well as an open-loop equilibrium. We find that main results resemble each other but growth rates will be higher when strategies are allowed to be revised dynamically.Difference games; Economic growth; Intermediate goods

    A Latent Budget Analysis Approach to Classification: Examples from Economics

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    Latent budget analysis is a classification technique that allows clustering identification by using compositional data. This paper presents examples of how this technique deals with the unit-sum constraint by establishing an initial independence model to which subsequent models are compared in terms of their relative fitness degree. In fact, latent budget analysis does not impose linearity, homogeneity, or even specific distributions on data. Results help to understand some important relationships between capital stock composition and income or food diet composition in a heterogeneous sample of countries.Latent budget analysis; compositional data; food composition; capital composition

    A Summary on Fundamentals of Remote-Sensing and Applications

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    The possibility of taking photographs of the Earth from the sky first, and from space later, has allowed researchers much more than obtaining superb views. Adequately processed and interpreted data obtained from these images through multi-spectral sensors have provided valuable information to diverse branch of the science and public and private institutions. Historically related with the Defense area, information gathered by aerial and spacial photographs have been also well received in the civil sector. The capacity of mounting sensors in satellites to see things invisible for the open human eye brings the possibility to enrich research fields in the same way it improves decision maker due to the higher quality of information. This report has the initial goal of introducing basic topics in the field of remote-sensing, their fundamentals, and the applicability into diverse research fields.remote-sensing, data interpretation, applications to economics

    A Latent Budget Analysis Approach to Classification: Examples from Economics

    Get PDF
    Latent budget analysis is a classification technique that allows clustering identification by using compositional data. This paper presents examples of how this technique deals with the unit-sum constraint by establishing an initial independence model to which subsequent models are compared in terms of their relative fitness degree. In fact, latent budget analysis does not impose linearity, homogeneity, or even specific distributions on data. Results help to understand some important relationships between capital stock composition and income or food diet composition in a heterogeneous sample of countries

    Un Resumen sobre Aspectos Fundamentales de la Teledetección y sus Aplicaciones

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    The possibility of taking photographs of the Earth from the sky first, and from space later, has allowed researchers much more than obtaining superb views. Adequately processed and interpreted data obtained from these images through multi-spectral sensors have provided valuable information to diverse branch of the science and public and private institutions. Historically related with the Defense area, information gathered by aerial and spacial photographs have been also well received in the civil sector. The capacity of mounting sensors in satellites to see things invisible for the open human eye brings the possibility to enrich research fields in the same way it improves decision maker due to the higher quality of information. This report has the initial goal of introducing basic topics in the field of remote-sensing, their fundamentals, and the applicability into diverse research fields

    Optimal growth with intermediate goods interdependence: A difference game approach

    Get PDF
    Two countries face a strategic interdependence in producing intermediate goods. Producing these intermediate goods requires both of domestic capital and another imported intermediate good. Individually they determine its balanced growth path by taking into account this interdependence. By allowing for strategic interactions in the analysis we adapted a two-agent dynamic setting and find an interior Markov Perfect Equilibrium (MPE) as well as an open-loop equilibrium. We find that main results resemble each other but growth rates will be higher when strategies are allowed to be revised dynamically

    Optimal growth with intermediate goods interdependence: A difference game approach

    Get PDF
    Two countries face a strategic interdependence in producing intermediate goods. Producing these intermediate goods requires both of domestic capital and another imported intermediate good. Individually they determine its balanced growth path by taking into account this interdependence. By allowing for strategic interactions in the analysis we adapted a two-agent dynamic setting and find an interior Markov Perfect Equilibrium (MPE) as well as an open-loop equilibrium. We find that main results resemble each other but growth rates will be higher when strategies are allowed to be revised dynamically

    A Latent Budget Analysis Approach to Classification: Examples from Economics

    Get PDF
    Latent budget analysis is a classification technique that allows clustering identification by using compositional data. This paper presents examples of how this technique deals with the unit-sum constraint by establishing an initial independence model to which subsequent models are compared in terms of their relative fitness degree. In fact, latent budget analysis does not impose linearity, homogeneity, or even specific distributions on data. Results help to understand some important relationships between capital stock composition and income or food diet composition in a heterogeneous sample of countries

    Un Resumen sobre Aspectos Fundamentales de la Teledetección y sus Aplicaciones

    Get PDF
    The possibility of taking photographs of the Earth from the sky first, and from space later, has allowed researchers much more than obtaining superb views. Adequately processed and interpreted data obtained from these images through multi-spectral sensors have provided valuable information to diverse branch of the science and public and private institutions. Historically related with the Defense area, information gathered by aerial and spacial photographs have been also well received in the civil sector. The capacity of mounting sensors in satellites to see things invisible for the open human eye brings the possibility to enrich research fields in the same way it improves decision maker due to the higher quality of information. This report has the initial goal of introducing basic topics in the field of remote-sensing, their fundamentals, and the applicability into diverse research fields

    La competitividad de las naciones: Bases teóricas en la política económica del siglo XIX

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    The concept of competitiveness is a term widely discussed when defining a range of policy issues. While this concept derives from a more modern interpretation of the process of economic development, general guidelines for achieving the development of an economy already in theoretical guidelines implemented in the nineteenth century by various countries. This paper reviews some concepts from two clear lines: a universalistic view from British authors and particularized vision coming from German, American and Japanese economists
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