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Multidimensional scaling analysis of the dynamics of a country economy

dc.contributor.authorMachado, J.A.Tenreiro
dc.contributor.authorMata, Maria Eugénia
dc.date.accessioned2014-01-23T12:24:06Z
dc.date.available2014-01-23T12:24:06Z
dc.date.issued2013
dc.description.abstractThis paper analyzes the Portuguese short-run business cycles over the last 150 years and presents the multidimensional scaling (MDS) for visualizing the results. The analytical and numerical assessment of this long-run perspective reveals periods with close connections between the macroeconomic variables related to government accounts equilibrium, balance of payments equilibrium, and economic growth. The MDS method is adopted for a quantitative statistical analysis. In this way, similarity clusters of several historical periods emerge in the MDS maps, namely, in identifying similarities and dissimilarities that identify periods of prosperity and crises, growth, and stagnation. Such features are major aspects of collective national achievement, to which can be associated the impact of international problems such as the World Wars, the Great Depression, or the current global financial crisis, as well as national events in the context of broad political blueprints for the Portuguese society in the rising globalization process.por
dc.identifier.doi10.1155/2013/594587pt_PT
dc.identifier.urihttp://hdl.handle.net/10400.22/3446
dc.language.isoengpor
dc.peerreviewedyespor
dc.publisherHindawi Publishing Corporationpor
dc.relation.ispartofseriesThe Scientific World Journal; Vol. 2013
dc.relation.publisherversionhttp://www.hindawi.com/journals/tswj/2013/594587/por
dc.titleMultidimensional scaling analysis of the dynamics of a country economypor
dc.typejournal article
dspace.entity.typePublication
oaire.citation.endPage15por
oaire.citation.startPage1por
oaire.citation.titleThe Scientific World Journalpor
oaire.citation.volumeVol. 2013por
person.familyNameTenreiro Machado
person.givenNameJ. A.
person.identifier.ciencia-id7A18-4935-5B29
person.identifier.orcid0000-0003-4274-4879
person.identifier.ridM-2173-2013
person.identifier.scopus-author-id55989030100
rcaap.rightsopenAccesspor
rcaap.typearticlepor
relation.isAuthorOfPublication82cd5c17-07b6-492b-b3e3-ecebdad1254f
relation.isAuthorOfPublication.latestForDiscovery82cd5c17-07b6-492b-b3e3-ecebdad1254f

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