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(1)School of Economics and Management TECHNICAL UNIVERSITY OF LISBON. Department of Economics. Carlos Pestana Barros & Nicolas Peypoch Samuel Eleutério, Tanya Araújo and R. Vilela Mendes A Comparative Analysis Productivity in Italian and Portfolios andofthe marketChange geometry Portuguese Airports WP 09/2012/DE/UECE _________________________________________________________. WP 006/2007/DE _________________________________________________________. WORKING PAPERS ISSN Nº 0874-4548.

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(213) [ 1990 −−> 2008 ]. 1−dim [1]. Threshold: 0.5. 1.6 1.4. S&P500 Portfolio. 1. t. 3. P (10 ). 1.2. 0.8 0.6 0.4 0.2 1990. 1992. 1995. 1997. 2000 Years. 2002. 2005. 2007. $ŏʧ½‚¾Àº î ¸)Uņ¾Àº¼Á¼»’ņÂv¿ ^’âݧ¾H»ÀÎϧÏŏ ï Å|»’Þ¦»’Þ‚¾HºFÆHނÂvÏä

(214) [ å Z ò ÁF§ˎݕÄB¾ÀºFä ņ»ÀÞ (;Í)ZN[0[ 9. [ 1990 −−> 2008 ]. 1−dim [2]. Threshold: 0.4. 2.5 S&P500 Portfolio. 1.5. t. 3. P (10 ). 2. 1. 0.5. 0 1990. 1992. 1995. 1997. 2000 Years. 2002. 2005. 2007. $ŏʧ½‚¾Àº7++¸)Uņ¾Àº¼Á¼»’ņÂv¿ ^ î ݧ¾H»ÀÎϧÏŏ ï Å|»’Þ¦»’Þ‚¾HºFÆHނÂvÏä

(215) [ å ] ò ÁF§ˎݕÄB¾ÀºFä ņ»ÀÞ (;Í)ZN[0[ 9. *.

(216) [ 1990 −−> 2008 ]. 1−dim [3]. Threshold: 0.4. 2.5 S&P500 Portfolio 2. t. 3. P (10 ). 1.5. 1. 0.5. 0 1990. 1992. 1995. 1997. 2000 Years. 2002. 2005. 2007. $ŏʧ½‚¾Àº`]

(217) ¸)Uņ¾Àº¼Á¼»’ņÂv¿ ^ +ݧ¾H»ÀÎϧÏŏ ï Å|»’Þ¦»’Þ‚¾HºFÆHނÂvÏä

(218) [ å ] ò ÁF§ˎݕÄB¾ÀºFä ņ»ÀÞ (;Í)ZN[0[ 9. [ 1990 −−> 2008 ]. 1−dim [4]. Threshold: 0.4. 7 6. S&P500 Portfolio. 4. t. 3. P (10 ). 5. 3 2 1 0 1990. 1992. 1995. 1997. 2000 Years. 2002. 2005. 2007. $ŏʧ½‚¾Àº ŠZ ¸)Uņ¾Àº¼Á¼»’ņÂv¿ ^Q].ݧ¾H»ÀÎϧÏŏ ï Å|»’Þ¦»’Þ‚¾HºFÆHނÂvÏä

(219) [ å ] ò ÁF§ˎݕÄB¾ÀºFä ņ»ÀÞ (;Í)ZN[0[ 9. f.

(220) [ 1990 −−> 2008 ]. 1−dim [5]. Threshold: 0.35. 2 1.8. S&P500 Portfolio. 1.6. t. P (103). 1.4 1.2 1 0.8 0.6 0.4 0.2 1990. 1992. 1995. 1997. 2000 Years. 2002. 2005. 2007. $ņÊv½‚¾Hº%*

(221) ¸ U ņ¾ÀºFÁ^»’ņÂv¿ ^cZxÝEÂv¾}»ÀÎÏÂvÆŏ ï Å|»’ÞC»’Þ‚¾HºFÆHނÂvÏäa[

(222) å +KZ ò ÁF§ˎݕÄB¾ÀºFä ņ»ÀÞ (;Í.Z3[0[ 9. [ 1990 −−> 2008 ]. 1−dim [6]. Threshold: 0.3. 3 S&P500 Portfolio 2.5. 3. P (10 ). 2. t. 1.5. 1. 0.5. 0 1990. 1992. 1995. 1997. 2000 Years. 2002. 2005. 2007. $ŏʧ½‚¾Àº Šf ¸)Uņ¾Àº¼Á¼»’ņÂv¿ ^ *ݧ¾H»ÀÎϧÏŏ ï Å|»’Þ¦»’Þ‚¾HºFÆHނÂvÏä

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