Exportar Publicação

A publicação pode ser exportada nos seguintes formatos: referência da APA (American Psychological Association), referência do IEEE (Institute of Electrical and Electronics Engineers), BibTeX e RIS.

Exportar Referência (APA) 
Damásio, B. & Mendonça, S. (2018). Modeling insurgent-incumbent dynamics: vector autoregressions, multivariate Markov chains, and the nature of technological competition. REM Working Paper 044-2018.
Exportar Referência (IEEE) 
B. Damásio and S. M. Mendonça,  "Modeling insurgent-incumbent dynamics: vector autoregressions, multivariate Markov chains, and the nature of technological competition", in REM Working Paper 044-2018, Lisboa, 2018
Exportar BibTeX 
@unpublished{damásio2018_1714897482765,
	author = "Damásio, B. and Mendonça, S.",
	title = "Modeling insurgent-incumbent dynamics: vector autoregressions, multivariate Markov chains, and the nature of technological competition",
	year = "2018"
}
Exportar RIS 
TY  - EJOUR
TI  - Modeling insurgent-incumbent dynamics: vector autoregressions, multivariate Markov chains, and the nature of technological competition
T2  - REM Working Paper 044-2018
AU  - Damásio, B.
AU  - Mendonça, S.
PY  - 2018
CY  - Lisboa
AB  - The struggle between sail and steam is a long-standing theme in economic history. But this technological competition story has only partly tackled, since most studies have appreciated the rivalry between the two alternative modes of commercial sea carriage  in  the  late  19th  century  while  the  early  period  has  remained  relatively under-analysed.  This  paper  models  the  early  dynamics  between  the  two  capital goods  using  a  vector  autoregression  approach  (VAR)  and  a  Multivariate  Markov Chain approach (MMC). We find evidence that the relationship was nonlinear, with a strong indication of complementarities and cross-technology learning effects.

ER  -