What have we been up to?

The Nova SBE Economics for Policy Knowledge Center is engaged in a series of projects, sponsored by different institutions, directed at understanding and proposing advances to specific public policy issues. Read a little bit more about them.


What is the institutional architecture that best guarantees the effectiveness and transparency when putting forward a budget policy in Portugal? This study, coordinated by Abel Mateus, tries to answer this question to improve the way funds are allocated and how funding is guaranteed in Portugal.


Faced with the clear trend of sector organising, strategic approach and increase in size and magnitude of the agents’ performance, it is essential to assess the current moment from the standpoint of the organization of the organization of the heritage management system, and to compare that assessment with the most relevant international case studies. It is also essential to calculate the value that such an ubiquitous resource has for our country. Crossing this data will allow us to identify management models, priority actions, criteria, i.e., define a long-term strategy to improve the return, sustainability and sharing of cultural heritage in Portugal.

NOVA SBE and Spira – revitalização patrimonial, with the exclusive patronage of the Millennium Bcp Foundation, promote the ground-breaking Survey “Cultural Heritage in Portugal: Assessment of Social and Economic Value“. The Heritage Observatory is a partner in this survey that is supported by Portugal Heritage and patrimonio.pt as Media Partner.

​This survey will be conducted in 2018 and will be previewed during this year’s AR&PA – Bienal Ibérica do Património Cultural, to be held in Valladolid, in November; as well as a presentation in late December at the headquarters of the Millennium Bcp Foundation.

This survey has three parts:

  • Part I focuses on the sector’s policies, their historic evolution, current context, main bodies and resources; critical analysis of the issues involved in modern heritage management, trends, economic operators and opportunities. Comparison with ofther noteworthy international management models;​
  • Part II focuses on the economic and social analysis of this sector in Portugal, starting from the framework of the first part and based on quantitative data collected from established institutions and a methodology created specifically for this survey;
  • Part III will try to merge the conclusions of the previous parts, with the goal of creating possible development scenarios and provide strategic recommendations of the next decade.

This survey will be available online in Portuguese and English and a Portuguese-language version of the full survey will be published. patrimonio.pt will publish regular updates during the course of the survey with the interim results.

You can find this project in the media.




Exclusive patronage:


The project “Fundos Europeus” estimates the actual impact of trans-European co-investment programs on local firm dynamics. It draws on econometric methods appropriate to address causality issues to determine the size, sign, and significance of the amounts of financing and the scope of funding on firm entry, exit, and net entry, as well as employment, using newly assembled datasets on European funds and firm dynamics for Portuguese municipalities.

The project´s principal investigator is José Tavares, full professor  at NovaSBE, and comprises João Pereira dos Santos and Ernesto Freitas as researchers.

The project is sponsored by Fundação Francisco Manuel dos Santos.

Download the project.


This project aims to describe aspects of the economic impact of the insurance sector on the Portuguese Economy.

The first part of the study presents a bird eye view of salient macroeconomic and microeconomic dimensions of the Portuguese Insurance sector.

The second part explains how to measure the output and the value added of the Insurance sector, a task not without difficulties given the nature of e insurances services. The third part presents an econometric study with the aim of identifying the type of investment that have a positive impact on growth to inform the insurance sector towards what type of investment to channel their portfolio decisions. The fourth part analyses the role of the private insurance in in the labor market, in particular her role in providing labor accident insurance.


This project comprises different dimensions of the Portuguese international trade. Firstly, it focuses on exports of non-tourism services. It’s widely acknowledged that services are taking a larger share in international trade and this is part of a broader trend towards the servitization of many manufacturing sectors.

The project aims to characterize Portuguese services exporters along different dimensions and assess servitization in manufacturing traders.

Secondly, the projects aims to evaluate the existence of barriers to the expansion of Portuguese exporters, which is part of a broader discussion on the role of framework costs in economic activity.