This article studies the response to unanticipated demand shocks in a simultaneous competition duopoly model, where adjustment is simultaneous as well it has no cost and it is characterized by a single choice to adjust ...

In the last decades the Brazilian agriculture had a strong growth. Our hypothesis is that most of that growth may be attributed to two general factors, which may conveniently be related to two types of shocks acting upon ...

This study examines the effects of a commodities’ trade shock on the agricultural sector. I estimate the impacts of the increased Chinese demand for commodities on land use, technology adoption and agricultural productivity ...

When microeconomic adjustment is lumpy, the VAR-estimated persistence of the corresponding aggregated variable is downward biased. The extent of this bias decreases with the level of aggregation, yet convergence is very ...

Mechanical shock is a common problem that is present in many situations, such as ground motion, blast, explosions, crash, and impact. The development of passive, active, or adaptive control and isolation strategies for ...