Paulo Mourao

• Ph.D. & Habilitation
• Professor (Associate) at University of Minho

This article analyzes the Brazilian workers’ salary penalty due to informality. The quantile regressions, the Oaxaca-Blinder wage decomposition, and the propensity score matching (PSM) methodology were estimated using microdata from the Continuous National Household Sample Survey for 2016 and 2019. Evidence shows an increase in informality, a highe...

Tourism must be considered a right of all citizens, even when this presents challenges to politicians and all those who wish to enjoy the several segments of tourism and leisure activities. Studies in the scope of accessible tourism have grown since the 2000s,especially in the European continent, where 87 million people with disabilities live. This...

The concept of well-being has garnered significant attention across diverse academic disciplines due to its important role in understanding quality of life and societal progress. In this study, well-being is studied through various strands, including objective well-being based on the fulfilment of basic human needs, subjective well-being encompassi...

This will be the first book about the Economics of Moto GP. We will take advantage of (Paulo Mourao) having authored “The Economics of Motorsports – the case of Formula One”, the first book about the Economics of Formula One, now widely quoted and a reference in the field. For this “The Economics of Moto GP” (attempted title), I will also have the...

This study examines the dynamics of knowledge-intensive services (KIS) companies in Romanian regions, focussing on the role of average wages, immigration, and educational attainment, among a complex set of local conditions. Panel data collected for 42 administrative regions (NUTS 3 level) of Romania for 2008–2022 were analysed using the generalised...

This article discusses the distribution of projects financed by the Portugal Inovação Social programme. Two-part models (ordinary least squares and probit) and count models (negative binomial models) have been used for analysing several determinants suggested by various theories of funding allocation. The results showed that municipalities with str...

This study examines the factors influencing industrial location in Brazil during two periods: 2006–2014 and 2014–2019. Using multilevel logit regressions, the net balance of industrial establishments within mesoregions was considered as the dependent variable. Results indicate that technological development levels significantly determine industrial...

The study of happiness in economics has started to gain considerable momentum. Social policy factors are currently being recognized as determinants of national competitiveness, while innovation is an important factor to ensure economic growth and societal well-being. In order to shed light on the complex relationship between innovation performance...

Cet article analyse la survie politique des ministres qui ont servi pendant les 48 années de la dictature portugaise (1926-1974). Comme ces hommes politiques ne sont pas confrontés aux défis posés par les cycles électoraux et à la pression des conditions économiques qui affectent le prestige et la longévité des politiciens des démocraties parlement...

Transfers in the football world have become a hot topic in academic studies in recent years. Spanish league (La Liga) is one of the men’s professional football leagues that have driven some of the most notorious transfers. In this way, we test determinants for the transfer relationships of football players in the Spanish League in the most expensiv...

The 1990s marked a transformative era for Latin American economies, characterized by significant political and institutional reforms aimed at increasing trade and financial openness. The economic development model adopted during this period emphasized market-led growth through liberalization measures, significantly reducing the state's role in the...

Un partido de fútbol sin exhibición de tarjetas amarillas o rojas es muy poco común en la competición profesional. Las sanciones por el mal comportamiento de los jugadores tienen implicaciones éticas para el correcto funcionamiento de la competición. Por otro lado, las tarjetas están relacionadas con factores estratégicos del juego y pueden tener c...

In this pioneering work, we reflect on transfers in women's football. For this purpose, we collected all transfers from the two seasons with the most records in Portugal (the 2019/2020 and 2020/2021 seasons). The four dimensions associated with individual and prestige characteristics conducive to changing clubs, as well as 14 variables, were tested...

This paper explored the potentiality of social networks analysis to discuss the industrial organization of Formula One since the 2000 season. We tested three major hypotheses related to the centrality of championship teams, their selectiveness when observing drivers’ moves, and the role of certain explicative attributes. There are oligopolistic ele...

Innovation and investment are critical to economic growth. In this article, we address the complex task of evaluating the capacity of regional innovation to increase investment and generate spillovers in regions of the European Union (EU) from both spatial and temporal perspectives. Using panel data estimation methods and exploring the effects of d...

We investigate the impact of the budget transparency of local governments on debt using a panel data analysis of all 556 Croatian cities and municipalities over the 2014-2021 period. The analysis shows that increased budget transparency is associated with lower local government debt, i.e., budget transparency enables better public control of unnece...

The periods 1918–1920 and 2019–2021 were characterized by epidemic moments. The COVID-19 pandemic recalled the crises associated with the Spanish flu, exanthematic typhus, and smallpox of the 1920s. However, few works have focused on a comparative task of these episodes in local newspapers. Through the analysis of the daily editions of Commercio do...

This paper advances understanding of multiplier-accelerator interaction in European countries in the 21st century. More than eight decades from the contributions of Keynes and Samuelson, multiplier-accelerator interaction has spawned rich and interesting literature. In this study, we examined the relationship between investment, consumption, and ec...

O debate da Regionalização de Portugal voltou a emergir. Periodicamente, tem-se retomado a discussão do tema, se bem que sem consequências de maior. A exceção em matéria de alcance do debate que foi acontecendo foi a realização do referendo de 8 de novembro de 1998, cujo resultado significou a criação de um bloqueio substantivo à institucionalizaçã...

Iberian cathedrals are some of the most impressive religious buildings in Europe. Mostly erected between the twelfth and fifteenth centuries, they are also the outcome of regional phases of growth and development. This article discusses this period favourable to the building of religious structures in the Iberian Peninsula, considering local dynami...

O debate da Regionalização de Portugal voltou a emergir. Periodicamente, tem-se retomado a discussão do tema, se bem que sem consequências de maior. A exceção em matéria de alcance do debate que foi acontecendo foi a realização do referendo de 8 de novembro de 1998, cujo resultado significou a criação de um bloqueio substantivo à institucionalizaçã...

This paper aims to test the pollution haven hypothesis within the European Union (EU), especially among newcomer countries, through the participation in global value chains (GVCs). The study used a combination of multiregional input–output method and multilevel mixed econometric analysis to investigate the relationship between global value chain tr...

O objetivo é investigar as motivações que levam as empresas a participar de feiras de negócios. Com base na literatura, três hipóteses foram formuladas. Os procedimentos metodológicos tiveram abordagem qualitativa, foram realizadas entrevistas. A população eram empresas do setor metalúrgico que participam como expositores de feiras internacionais d...

This article aims to analyze the parental reproduction of occupations and their effects on income according to the diverse socioeconomic conditions of Brazil. Logistic regressions and wage decomposition using RIF -Recentered Influence Function—were applied to the microdata of the 2019 National Continuous Household Sample Survey. We found that sons...

Purpose This paper aims to identify purchasing-related costs through the prism of transaction costs and costs of purchasing management activity. Design/methodology/approach The authors conducted a survey among 150 medium and large manufacturing companies in the chemical, automotive and electromechanical industries operating in Central and Eastern...

A sustentabilidade é um objetivo inadiável de organizações solidárias, enquadradas no setor da Economia Social. O reduzido nível de intervenção social do Estado e as elevadas desigualdades de rendimento e fragilidade da sociedade civil perpetuam altos níveis de pobreza. Para tornar a sustentabilidade uma meta alcançável, e estribado num estudo de c...

Using stated preferences, this study estimates the determinants of television broadcast demand for current European men's club football competitions and a hypothetical European Super League. The results suggest that demand increases for most competitions with the consumer's level of interest, the accessibility to the matches, and the consumer being...

Corruption and inflation are two economic problems with serious social consequences. This paper analyzes the link between these two problems, focusing on the case of 19 prices observed for agricultural products in 90 countries since 2000. Using ‘panel data cointegration’ techniques, we conclude that, in most cases, there is a long-term relationship...

This paper presents the bibliometrics of a Keynesian and neoclassical discussion about the multiplier–accelerator effect. Having its oldest roots in the 1930s, there was a special emphasis in the 1960s and 1970s on discussions regarding the dependence of current investment on economic growth (the accelerator effect). Through a bibliometric analysis...

This paper discusses the strategic composition of Slovak municipalities’ revenues and expenditures and the role of political budget cycles. We found that Slovak municipalities tend to have significantly higher capital revenues and capital expenditures in periods close to municipal elections. We also found strategic management of current expenditure...

One of the goals of decentralized policies is to consider the differences between regions and municipalities, which can lead to greater economic growth as well as greater economic development in all areas. However, endogenous limitations should also be overcome. For these purposes, policies have been designed and must therefore be evaluated in term...

ABSTRACT The importance of the decisions made by central banks and governments has been increasing recently, especially in the EU countries. The relationships between short-term interest rates, inflation rates, and public deficits have not been thoroughly described in the literature concerning the recent European cases. It is worth observing how th...

Introduction: This study seeks to investigate the relationship between the words of the speeches of the various presidents of the Portuguese Republic (1976-2019) and the surrounding economic context. Methodology: We filtered all official speeches by Portuguese presidents from July 1976 to December 2019 and constructed a series of each word's freque...

Corruption and inefficiency of public funds pose a risk in public administrations. This paper analyses the corruption risk at the local level by analysing indicators of public procurement contracts in four deputations of Galicia (Spain). In addition, the pandemic has created opportunities to increase this risk and the misuse of public funds given t...

Purpose-This paper analyzes the issue of wage differentials and gender discrimination in the Brazilian labor market. Design/methodology/approach-The methodology is based on the log-linear equation model by Mincer (1974) and the decomposition method by Oaxaca (1973) and Blinder (1973) and was estimated using data from the National Household Sample...

For football, 2021 will be marked as the year in which a European Super League (ESL) came closer than ever before to becoming a reality. Nonetheless, one can find many mentions of the ESL in men's football in studies published over the last decades (192 studies collected from Google Scholar), making this an appropriate time to conduct a literature...

The European Union Farm Accountancy Data Network (FADN) publishes data for the representative farms of several European Union (EU) farm types, regions and countries. In this database, the published data for the farm types allow us to assess several agricultural policies. In fact, the FADN publishes data for the EU farming types and there are not ma...

Purpose In this article, the author discusses the influence of technological development on the survival of European parties since the Second World War. Design/methodology/approach The database comprises more than 200 parties and the political forces observed in 20 countries. Findings The author find that Internet users as a proportion of the pop...

The year 2021 was critical for European football, as the COVID-19 pandemic led to financial problems that brought back the idea of top clubs creating a European Super League (ESL). This idea has been popular in the past, but its discussion in scientific literature has generally been brief and infrequent. Seen by some authors as the salvation of the...

The network of Portuguese companies in 1973 has been identified as a relevant element for understanding the economic structure of the country in the decade of 1970–1980. This network had been formed before 1974, during the dictatorship, but it remained after the Carnation Revolution. In spite of such research, this network has not yet been properly...

The decades before 1990 were dramatic for Latin American economies. However, from 1990 onwards, a set of policies followed by the various states in the region acheived economic stabilization with real income recovery. The attribution of this success has been disputed by politicians, economists and officials from international economic support insti...

The Portuguese State continues to hold a significant amount of public companies which, in turn, are responsible for important values for the Portuguese economy. This work analyzes the evolution of the Portuguese State as owner or manager of companies in the national economy. Additionally, this work also focuses on the evolution of the strategies de...

After the appearance of the first COVID-19 cases and deaths, countries’ responses were enacted at different points in time. This paper explores the factors behind the timeliness of travel restriction policies at the onset of the pandemic. Using instrumental variable techniques on a sample of 149 countries, our empirical exercise shows that while ur...

Resumo As políticas de descentralização têm vindo a assumir um papel preponderante na eficiência, eficácia e sustentabilidade das economias nacionais. A sua aplicação é múltipla, sendo que problemas no âmbito da providência, manutenção dos serviços públicos e de infra-estruturas induziram a que os governos centrais sentissem necessidade de descent...

Our aim is to identify periods of restrictive versus expansionary economic policy in the euro area in the last two decades. We firstly conducted the study for identifying the dominant trend in fiscal policies and then in monetary policies. We studied several fiscal outputs, focusing on the cyclical adjusted primary balance. We also analysed the Eur...

We live challenging times on several levels, and in this context the second encyclical, Laudato Si’ (LS), of Pope Francis, published in 2015, has provided a special challenge for academics. As Pope Francis suggested in 2015, societies are challenged to modify the paradigms of life to achieve more sustainable development. LS has quickly become a wid...

The elections of 25 April 1975 had the highest participation to date in the Portuguese democratic experience. The competing forces organized electoral manifestos that covered a wide range of topics, with complex resources and analysis of the economic problems and the development of the Portuguese space. However, these manifestos’ contents are rich,...

This work discusses a bibliometric analysis of the papers published during 2020 about COVID-19 and three relevant economic keywords: GDP, unemployment, and innovation. Considering different outcomes, a significant diversity of journals without the focus on economic issues publishing articles discussing the economic impacts of the COVID-19 pandemic...

This paper investigates the pattern of COVID-19 contagion in Portuguese municipalities from March 23rd to April 5th (the exponential phase). We have recurred to spatial autocorrelation models to discuss how the conglomeration of highly infectious spaces has also contributed to infecting neighbouring municipalities. We have used several indicators f...

We live challenging times on several levels, and in this context the second encyclical, Laudato Si’ (LS), of Pope Francis, published in 2015, has provided a special challenge for academics. As Pope Francis suggested in 2015, societies are challenged to modify the paradigms of life to achieve more sustainable development. LS has quickly become a wid...

This study analyzes the entrepreneurial characteristics of students from public universities. The objective was to evaluate the presence of the characteristics of entrepreneurship pointed out by McClelland through a comparative analysis between two countries and through an analysis using structural models. Data collection was performed with the que...

Refugee flows are studied in this paper using social network analysis. The level of these flows since 2005 was observed for 205 territories. In building a cartography of the flows, we observed not only the magnitude of the movements but also the rankings and categorizations of the countries. Countries such as Turkey, Syria, the United States and Ge...

Around the world, there are several ecosystems, some in their initial conditions, which are unique and need preservation. This heritage needs adjusted management plans and conservation attentions. It is important to preserve the natural heritage for the future generations, creating active legislation, more governance, empowerment for the related in...

Prefácio Contactei pela primeira vez com o livro “A Questão Financeira Resolvida”, de Barbosa Leão, em março de 2011, numa deslocação ao Porto. Tinha de apanhar o comboio na Estação de São Bento e, dada alguma folga temporária, fui à Rua das Flores onde já tinha referenciado um alfarrabista com um grande manancial de livros. Dentro do período disp...

The objective of this research is to discuss the relationship between the growth of livestock and the environmental impact it generates in Colombia. For this, data were extracted from the FAO STAT for the period of 1961 to 2017. The livestock inventory has had a significant growth during the last 50 years. This has generated environmental exposure...

Patterns of inequality tend to seriously undermine any attempt at economic growth policy when the inequality is perceived by significant groups of individuals as unjust, inhuman, and insurmountable. One country with a high degree of inequality has been Brazil (usually in the world top-10). Brazil had also witnessed strong dynamics of certain indica...

This paper deals with a bibliometric analysis of 78 publications identified by the main academic search engines as concerning the topic of community development banks (CDB). The CDB phenomenon takes 2 decades, and some cases—such as the Brazilian Banco Palmas—have gained special attention. We tested two major hypotheses: (1) although the Brazilian...

Nesta obra reúnem-se cerca de meia centena de textos que retratam, a partir de diferente experiências, perspetivas e olhares disciplinares, a forma como a pandemia provocada pelo vírus SARS-CoV-2 foi sentida na Universidade do Minho, a primeira universidade portuguesa a ser atingida pelos seus efeitos, a partir de 7 de março de 2020. Os contributos...

Political longevity in young democracies has attracted the attention of scholars and practitioners alike due to several particular characteristics of such democracies, such as a low level of trust, a low level of credibility, corruption, economic difficulties, a less well‐established rule of law and an increased bureaucracy. In such a context, we s...

This case study will reflect upon the experience of important agents for local development—the Local Productive Arrangement (APL) composed by South American companies in the sector of wedding parties. This work will then reflect how Economic Development creates—but also may destroy—entrepreneurial networks. Data were observed by interviews with 30...

Spain and Portugal are two neighbouring countries, sharing regions with specific socio‐economic challenges. These challenges arise now as promising sources of regional co‐operation, namely in supporting the design of more tailored regional policies. In this context, the main aim of this paper is to discuss how neighbouring spaces within the Iberian...

Increased changes in the climate and ecosystems call for a sustainable economic development, where economic growth should be compatible with the environment goals. In order to do this, it is urgent to find new ways of life and new production systems that make our ecological footprint compatible with global sustainability. The concept of the circula...

Economic development causes significant changes in the innovative processes of resource management. The purpose of this article is to discuss the sustainability of resource management in sugar-alcohol companies operating in the most productive areas of Brazil and to analyze the profile of the companies in the sector in terms of innovation and adher...

As cantinas sociais portuguesas constituiram uma resposta social para combater a extrema pobreza e exclusão social em Portugal. A Rede Solidária de Cantinas Sociais foi criada no âmbito do Programa Nutricional de Emergência Português em 2012 para garantir que indivíduos e / ou famílias necessitadas tivessem acesso a refeições gratuitas. Este estudo...

Purpose This article aims to analyze the workers' probabilities of following their parents’ occupational legacy and whether these individuals are paid differently compared to those who opted for occupations different from their parents, in Brazil. Design/methodology/approach To that end, the occupational legacy probability equation was estimated a...

La educación es un elemento fundamental para el desarrollo territorial. A su vez, la dimensión territorial condiciona las oportunidades. Este trabajo analiza la importancia del contexto socioeconómico en Galicia, más allá del núcleo familiar. Las dos cuestiones principales planteadas para cada nivel de estudios son si existe relación entre el perfi...

This article discusses the four dimensions generating fiscal illusion through a survey answered by a sample of the population of the northern region of Portugal. The surveyed dimensions were (1) bias in the taxpayers' perception of the costs and benefits of public programs; (2) ignorance or inattention about the fiscal reality (like about tax struc...

The thought of Jacques Maritain has generated strong motivations in terms of a renewal of democratic foundations over the last decades. Revisiting one of his major works, “Christianity and Democracy,” we discuss the complex relations between democracy and religion, especially between democracy and Christianity. As a result, in addition to moments o...

The multiple indicators multiple causes (MIMIC) framework is used to analyze dimensions related to causation and indicators of tax haven status. Robust results were obtained that identify a country’s tax burden and area as causes of a country adopting policies usually observed in tax havens. The level of social security contributions as a proportio...

The purpose of this article is to empirically analyse the relationship between marketable securities (government bonds and treasury bills) and bank deposits in European markets. Using a proper database and proper methodological framework, we will analyse this relationship for the last two decades observed in 32 European countries between 1990Q1 and...

This study the aim of this study was to test whether Entrepreneurial Behavioral Characteristics (EBC) develop in Brazilian university students as described by McClelland. Methodological procedures tested McClelland’s (1963;1987) perspective with a sample of university students, also emphasizing the dimensions leading to sustainable businesses. Data...

Forest management has been recognized as a significant challenge for various scientific fields, namely because the difficulties in creating employment and economic dynamics in the forestry sector. Actually, it is not easy to generate more returns, in this sector, for the land owners, in addition to the production of wood after several years, depend...

Taxpayers want to pay as little in taxes as possible to fund an adequate level of public goods and services in their local government, and so they need to keep their local incumbents accountable. Online local budget transparency (OLBT) facilitates this accountability, as it enables citizens to find information online about their local budgets that...

In spite of their importance to the micro-entrepreneur’s life, Portuguese microbusinesses exhibit a short duration in activity. However, until now there has been scarce attention about the determinants characterizing the microbusiness and/or the micro-entrepreneur. This paper is based on a very comprehensive survey distributed to the microcredit bo...

Objetivo: apresentar os índices de eficiência financeira dos clubes brasileiros, os atores e as interações que se destacaram nos fluxos de jogadores com os clubes semifinalistas de São Paulo em 2017. Método: na primeira etapa, extraíram-se informações sobre fluxos de jogadores e, na segunda etapa, dados sobre a receita operacional, fornecedores, c...

Introduction: In this study, we evaluated the proportional risk of Portuguese Prime-Ministers and Ministers leaving office. Materials and Methods: We used consecutive days in office for each one of the 432 citizens who served in a ministerial function since 1976. Results: Exploring several divisions in this population, we concluded that individual...

After more than four decades of post-graduate programs in Brazil focused on the preparation of teachers – the Stricto and Lato Sensu programs – we have verified a gearing frequency of academic works that reflect on these programs. Through a bibliometric analysis and a content analysis of scientific publications focused on the Stricto Sensu programs...

The literature about forest fire legislation is extensive, highlighting several perspectives, different methodologies of analysis and considering diverse parts of the world as the basis of study. In these frameworks the discussions about the legal and policy instruments are not always consensual, what calls for more contributions in these fields. T...

This research attempts to provide responses to the question “Does unemployment make people less likely to give?” by developing a theoretical model based on consumer choice and labor supply and using data from the World Giving Index, collected for 153 countries from 2010 to 2015. The results from panel data and from ordered probit estimations reveal...

This work analyzed the wage discrimination in the Brazilian manufacturing industry. By recurring to the most updated database, several gaps were analyzed between white and non-white citizens, and between males and females. We detailed the Brazilian manufacturing industry considering its different segments of technology. Using Mincerian equations fo...

Green Parties are not the most popular in polls. However, their electoral scores have been achieving more significance since the 1990s, especially in European elections. This paper discusses the role of various Green seats occupied in 36 democracies in terms of the country’s control of pollution. Using different specifications for system GMM, the r...

Municipalities tend to replicate the size and the composition of their neighbours’ expenditures, independently of being ruled by left-wing or right-wing parties. This is one important conclusion of the study, which includes spatial dependence to explain the value of Portuguese municipalities’ direct awards. We used observations for the 308 Portugue...

The objective of this work was to financially analyze the balance sheets and financial reports from a sample of Portuguese non-profit organizations. These organizations were observed in a certain region (Bragança) of the inner area of Portugal in the austerity period between 2011 and 2014. We detected that most of these institutions followed a conv...

This work analyzed the determinants for the success of crowdfunding projects in the Brazilian platform Kickante, using the model proposed by Mourão and Costa (2015). We found that the total raised value per project increases with the number of investors (‘kickantes’) and with the minimum value ensuring the maximum prize in each project. In relation...

Business fairs are strategic tools for companies. However, when studying the Brazilian trade-fair literature, we observed a gap related to the discussion of inter-organizational relationships. This study investigated how business fairs promote the development of relationships and joint actions among exhibitors. Using an exploratory and qualitative...

Foreign direct investment (FDI) is recognized by many economic actors, and particularly by the State as a relevant factor of economic growth. One aspect that supports this statement is that, for these investments, there is a technology transfer between countries that promotes increased productivity at the microeconomic level and generates a “compet...

One of the major findings of this paper, which studied the multiplier effects of pensions received at each Portuguese municipality since 2003, is that pensions stimulate the incomes of municipalities. We studied these effects also considering the spillovers from/to the surrounding areas. After discussing several models of spatial analysis, we chose...

This paper analyzed the most important aspects for the success of crowdfunding projects observing the Kickante platform, an important crowdfunding Brazilian platform. We found that the total value per project increased with the number of investors. The value per investor raised with the minimum value invested with rewards and with certain types of...

Purpose This paper aims to focus on Brazilian business fairs primarily attended by metalworking companies. Design/methodology/approach Using a qualitative and exploratory approach, data were collected through semi-structured interviews answered by exhibitor companies from two of the most relevant Brazilian states in this industrial sector: Santa C...