Product relatedness role on driving industrial policy success

This thesis aims to study how product relatedness to the current pattern of specialization influences the success of industrial policies in underdeveloped sectors. Drawing from Hausmann and Klinger (2006), this work extends the existing literature on the importance of proximity spillovers to explain economic development by focusing on underdeveloped sectors. We find that investment's success in an underdeveloped sector is more likely if it is highly related to the current pattern of specialization. However, heterogeneity amongst sectors is remarkable. Moreover, industrial policy cases are sometimes successful despite the bad odds provided by this criterion, suggesting further factors should be considered.

O papel de Nikita Khrushchev no Complexo Militar e Industrial, no quadro da Guerra Fria

A presente dissertação visa aferir a dimensão e a relevância das alterações operadas por Nikita Khrushchev, enquanto líder da União Soviética, no Complexo Militar e Industrial deste país, no período da Guerra Fria. Neste contexto, as mesmas serão analisadas e proceder-se-á, paralelamente, ao estudo do impacto das mesmas a nível interno, bem como a nível externo, na interacção da União Soviética com os restantes actores da comunidade internacional, nomeadamente os Estados Unidos. Mormente, como forma de contextualizar as referidas alterações, proceder-se-á também ao apuramento dos motivos que estiveram subjacentes à transmutação de uma componente relevante nas Relações Internacionais, o Complexo Militar e Industrial Soviético.

Optimal choice between even- and uneven-aged forestry: the case of non-industrial private forest owners

An infinite-horizon discrete time model with multiple size-class structures using a transition matrix is built to assess optimal harvesting schedules in the context of Non-Industrial Private Forest (NIPF) owners. Three model specifications accounting for forest income, financial return on an asset and amenity valuations are considered. Numerical simulations suggest uneven-aged forest management where a rational forest owner adapts her or his forest policy by influencing the regeneration of trees or adjusting consumption dynamics depending on subjective time preference and market return rate dynamics on the financial asset. Moreover she or he does not value significantly non-market benefits captured by amenity valuations relatively to forest income.