1) (2011) “The impacts of international tourism demand on economic growth of small economies dependent on tourism”, (with Brida, J., Schubert, S.), Tourism Management (forthcoming in Vol. 32) 2) (2011)

2)(2011) "Tourism demand forecasting with SARIMA models: the case of South Tyrol", (with Brida, J.), Tourism Economics. (forthcoming in vol. 17 (1) )

3) (2010) “Cruise Passengers Expenditure analysis and probability of repeat visits to Costa Rica: A Cross-Section data analysis”, Tourism Analysis, vol. 15 (4).

4) (2010) “Grupos de desempeño económico en los países de América”, (with Brida, j., London S.), Revista CEPAL, n. 101, pp. 39-58

5) (2010) “Análisis de cointegración y valores umbrales entre la inflación y el crecimiento económico en México: 1970-2007” (with Carrera E.), Ensayos: Revista de economía, Vol. 29 (2), pp. 77-98

6)(2010) “Causality between economic growth and tourism expansion: empirical evidence from Trentino-Alto Adige", (con Barquet, A., Brida, J.), Tourismos: An International Multidisciplinary Journal of Tourism, vol.5 (2), pp. 87-98

7) (2010) “Inflation and Mexican economic growth: long run relation and threshold effects”, Journal of Financial Economic Policy, (with Carrera, E.), vol. 1(3), pp. 246-263.

8) (2010) "Grupos de Desempeño económico en los países de América: 1955-2003", Revista CEPAL, (with London, S., Brida, J.), vol. 101, pp. 39-57.

9) (2010) “Real Wages as Determinant of Labour Productivity in the Mexican Tourism Sector”, European Journal of Tourism Research, (with Brida, J., Carrera, E.), vol. 3(1), pp. 67-76.

10) (2010) "The tourism-led growth hypothesis for Uruguay" (with Brida, J., Lanzilotta, B., Lionetti,S.), Tourism Economics, vol. 16(3) (forthcoming)

11) (2010) “Tourism as a determinant of economic growth in South Tyrol”, (con Brida, J.), Journal of Policy Research in Tourism, Leisure and Events, Vol .2 (1), pp. 14-28, (2010)

12) (2010) ”Dynamics and Structure of the 30 Largest U.S. Companies” (with Brida, J.), Computational Economics, vol. 35 (1), pp.85-99.

13) (2010) “Hierarchical structure of the German stock market” (with Brida, J.), Experts Systems with Applications. vol. 37 (5), pp. 3846-3852.

14) (2010) "Hierarchical Structure of the Internationalized Spanish Hotel Industry" Tourism Management. (with Brida, J., Such, M., Parte, L.) Vol. 31 (1),pp. 57-73.

15) (2009) ”Tourism as a factor of long-run economic growth: an empirical analysis for Chile”(with Brida, J.), European Journal of Tourism Research, vol. 2 (2), pp.178-185

16) (2009) "Dynamic and Structure of the Italian stock market based on returns and volume trading" (with Brida, J.), Economics Bulletin, Vol. 29 (3), pp. 2420-2426

17) (2009) ”A dynamic panel data of the German demand for tourism in South Tyrol” (with Brida, J.), Tourism and Hospitality Research.Vol. 6, pp. 305-313.

18) (2009) ”Tourism and economic growth: an empirical analysis for the case of Colombia”(with Zapata,S.,Brida,J.,Such,M.,Pereyra,J.), Tourismos: An international Multidisciplinary Journal of Tourism, vol. 4 (2), pp. 13-27.

19) (2009) “The Informational Efficiency: The Emerging Markets Versus the Developed Markets” Applied Economics Letters, vol. 16 (5), pp. 485-487.

20) (2009) “Dynamical Hierarchical Tree in Currency Markets” (with Brida, J., Matesanz, D.) Experts Systems with Applications.Vol. 36 (4), pp.7721-7728.

21) (2009) “Turismo y Crecimiento Económico: Un Análisis Empírico de Colombia”, Estudios y Perspectivas en Turismo, Vol. 18, No. 1, pp.. 21-35  . (with Brida, J., Such, M., Pereyra, J., Zapata, S.,)

22) (2009) “Estructura Jerárquica y Dinámica en los Mercados Cambiarios Latinoamericanos”Revista Investigación Económica, UNAM, Vol. 68(267), pp. 115--146.(with Brida, J., Matesanz, D.).

23) (2008)  “Multidimensional Minimal Spanning Tree: The Dow Jones Case”. Physica A. Vol.  387, pp. 5205-5210. (with Brida, J.).

24) (2008) “The Informational Efficiency and the Financial Crashes”. Research in International Business and Finance. Vol. 22, pp. 396-408.

25) (2008)  “Tourism’s Impact on Long-Run Mexican Economic Growth”. Economics Bulletin, Vol. 3, No. 7, pp. 1-10 (with Brida, J., Carrera, E.)

26) (2008) “Human capital and innovation: a model of endogenous growth with a “skill-loss effect””. Economics Bulletin, Vol. 15, No. 7, pp. 1-10. (with London, S., Brida, J.)

27) (2008) “Long-Run Equilibrium Demand Function: The Mexican Tourism” Tourismos: An International Multidisciplinary Journal of Tourism, Vol. 3(1), pp. 66-82. (with Brida, J., Carrera, E.).

28) (2008) “Turismo y Crecimiento Económico: el caso de Uruguay”, Pasos. Revista de Turismo y Patrimonio Cultural, Vol. 6, No. 3 . (with Lanzilotta, B., Brida, J.)

29) “Dynamics and Structure of the Main Italian Companies”, International Journal of Modern Physics C, Vol. 18 No. 11. (with Brida, J.). (2007)

30) (2007) “El modelo de Crecimiento Restringido por la Balanza de Pagos: Evidencia Empírica para Bolivia, 1950-2002”, Published in Revista Venezolana de Análisis de Coyuntura. Caracas, Venezuela. Vol. XIII, n1. (with Arevilca, B.)

28) (2005) “Determinantes del sendero de crecimiento balanceado en Uruguay: implicaciones del capital humano (1960-2000)”, Published in Revista Venezolana de Análisis de Coyuntura. Vol. XI, n°2  Caracas, Venezuela. (with Storch, G.)

Working Papers:

*"A Quantitative Approach to Faber's Tactical Asset Allocation", SSRN, (with Stefano Marmi, Claudio Pacati, Roberto Renò) (2009)

* "Asset allocation: un esempio di approccio quantitativo e tattico", Rivista della Associazione Italiana degli Analisti Finanziari, 2008 (with Marmi, S.) (

* “Dynamics and structure of a set of stocks”, Proceedings of the Third International Conference on Business, Management, and Economics (ICBME 2007), Cesme, Izmir/Turkey 13-17 June 2007, December 2007. (with Brida, J.) (2007)

* “A Randomness Test for Financial Time Series” Revista de Economía, Vol. 14, N°1, (May 2007), Banco Central del Uruguay.

* “Dynamical Hierarchical Tree in Currency Markets”, FUNCAS (with Brida, J., Matesanz, D.) (2007)

Reviewer:

“Annals of Finance”, “Bulletin of Statistics and Economics”, “Journal of Financial Economic Policy”, “Journal of Economic Behavior and Organization”, “Economics Bulletin”, “Computational Economics”.