Pub Date : 2017-05-30DOI: 10.1590/0101-416147253EFB
Eduardo F. Bastian
O presente artigo analisa o grau de vulnerabilidade externa a que estava sujeita a economia brasileira no inicio do governo presidencialista de Joao Goulart (1963-64). Para tanto, utiliza-se um modelo simples que permite avaliar o grau de solvencia externa de um pais ao longo do tempo a partir de projecoes para o indicador passivo externo liquido sobre exportacoes de bens e servicos. As projecoes para o periodo 1963-72 sinalizam que o pais estava em uma situacao de vulnerabilidade externa naquele momento, mas que esta condicao poderia ser contornada atraves de uma taxa adequada de crescimento das exportacoes de bens e servicos. Estas projecoes sao contrastadas com o comportamento efetivo da economia brasileira no periodo 1963-72. Observa-se que o forte crescimento das exportacoes de bens e servicos neste periodo reduziu o grau de vulnerabilidade externa do pais, mas que, ainda assim, evidencias de vulnerabilidade externa persistiam.
{"title":"A Sustentabilidade do Endividamento Externo Brasileiro no Período 1963-72: uma análise empírica","authors":"Eduardo F. Bastian","doi":"10.1590/0101-416147253EFB","DOIUrl":"https://doi.org/10.1590/0101-416147253EFB","url":null,"abstract":"O presente artigo analisa o grau de vulnerabilidade externa a que estava sujeita a economia brasileira no inicio do governo presidencialista de Joao Goulart (1963-64). Para tanto, utiliza-se um modelo simples que permite avaliar o grau de solvencia externa de um pais ao longo do tempo a partir de projecoes para o indicador passivo externo liquido sobre exportacoes de bens e servicos. As projecoes para o periodo 1963-72 sinalizam que o pais estava em uma situacao de vulnerabilidade externa naquele momento, mas que esta condicao poderia ser contornada atraves de uma taxa adequada de crescimento das exportacoes de bens e servicos. Estas projecoes sao contrastadas com o comportamento efetivo da economia brasileira no periodo 1963-72. Observa-se que o forte crescimento das exportacoes de bens e servicos neste periodo reduziu o grau de vulnerabilidade externa do pais, mas que, ainda assim, evidencias de vulnerabilidade externa persistiam.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"1 1","pages":"365-394"},"PeriodicalIF":0.6,"publicationDate":"2017-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88469778","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-05-30DOI: 10.1590/0101-416147212KAM
K. Rocha, A. Moreira, M. D. Silveira
The objective of this is study is to assert the role of domestic financial system as mitigating of sudden stops episodes and driver of capital flows in a group of 14 emerging economies in the period of 1999-2013, especially in face of unfavorable external environment such as high international interest rate or global risk aversion. The countries analyzed – Argentina, Brazil, Chile, Colombia, Indonesia, Malaysia, Mexico, Peru, Philippines, Russia, South Africa, Thailand, Turkey and Ukraine, represented in August 2014 roughly 80% of the EMBIPLUS and 60% of EMBIGLOBAL. We work with distinct types of capital flows: Inflow of Foreign Direct Investment, Inflow of Portfolio and Net Capital, and conduct robustness check considering data since 1990 and increasing the number of emerging countries. The result supports evidence that improvement of domestic financial system allows an increase of capital flow and a decrease of sudden stops probability. Estimates also indicate that domestic fundamentals are as important as global factors in explaining capital flows and sudden stops episodes. This fact supports public policies that improve the development and strength of domestic financial system in emerging economies and stress the government role in attracting external capital.
{"title":"O fluxo de capital para as economias emergentes e o grau de desenvolvimento do sistema financeiro","authors":"K. Rocha, A. Moreira, M. D. Silveira","doi":"10.1590/0101-416147212KAM","DOIUrl":"https://doi.org/10.1590/0101-416147212KAM","url":null,"abstract":"The objective of this is study is to assert the role of domestic financial system as mitigating of sudden stops episodes and driver of capital flows in a group of 14 emerging economies in the period of 1999-2013, especially in face of unfavorable external environment such as high international interest rate or global risk aversion. The countries analyzed – Argentina, Brazil, Chile, Colombia, Indonesia, Malaysia, Mexico, Peru, Philippines, Russia, South Africa, Thailand, Turkey and Ukraine, represented in August 2014 roughly 80% of the EMBIPLUS and 60% of EMBIGLOBAL. We work with distinct types of capital flows: Inflow of Foreign Direct Investment, Inflow of Portfolio and Net Capital, and conduct robustness check considering data since 1990 and increasing the number of emerging countries. The result supports evidence that improvement of domestic financial system allows an increase of capital flow and a decrease of sudden stops probability. Estimates also indicate that domestic fundamentals are as important as global factors in explaining capital flows and sudden stops episodes. This fact supports public policies that improve the development and strength of domestic financial system in emerging economies and stress the government role in attracting external capital.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"10 1","pages":"235-257"},"PeriodicalIF":0.6,"publicationDate":"2017-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"83575464","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-05-30DOI: 10.1590/0101-416147273FSDP
Fabian Scholze Domingues, P. Fonseca
The introduction of indexed government bonds and the monetary correction are usually attributed to the PAEG period of Brazilian economic policy history. In contrast with this historical memory, this paper aims at revisiting the fact that both were part of Ignacio Rangel’s proposal, which was rejected by the National Congress during Goulart term. Thus, the research is based on primary sources such as the legislative debates and interviews, in order to show Rangel’s pioneering role in regard to these important institutional measures that would impact Brazilian economy in the following decades.
{"title":"Ignácio Rangel, a correção monetária e o PAEG: recontando a história","authors":"Fabian Scholze Domingues, P. Fonseca","doi":"10.1590/0101-416147273FSDP","DOIUrl":"https://doi.org/10.1590/0101-416147273FSDP","url":null,"abstract":"The introduction of indexed government bonds and the monetary correction are usually attributed to the PAEG period of Brazilian economic policy history. In contrast with this historical memory, this paper aims at revisiting the fact that both were part of Ignacio Rangel’s proposal, which was rejected by the National Congress during Goulart term. Thus, the research is based on primary sources such as the legislative debates and interviews, in order to show Rangel’s pioneering role in regard to these important institutional measures that would impact Brazilian economy in the following decades.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"42 1","pages":"429-458"},"PeriodicalIF":0.6,"publicationDate":"2017-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"77335054","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-05-30DOI: 10.1590/0101-416147243ASM
Arno Paulo Schmitz, M. V. L. Bittencourt
This paper aimed, through an inter-regional input-output matrix (estimated for 2004) in an ecological-economic model, simulate three scenarios of future demand (for 2020) for the use of water resources in river basins Piracicaba-Capivari-Jundiai (PCJ), Paraiba do Sul (PBS), Alto Tiete (AT) and Sorocaba and Mid Tiete (SMT). These simulations are based on the hypothetical expectations of changes in the final demand of goods in the economy, resulting in a comparison between estimates results of demand for water with the hypothetical water availability. The growing shortage of water resources motivates studies on analysis of the demand, especially with a view to proposing sparing strategies. The simulation results showed water amounts that depict important water shortage in AT and SMT basins, which is a problem that has been around for a few decades and can become even worse. In addition, water shortage was identified in the PCJ basin mainly due to water transpositions to other river basins, especially AT covering the entire metropolitan region of Sao Paulo.
本文旨在通过一个生态经济模型中的区域间投入产出矩阵(估计为2004年)，模拟piracicaba - capivarii - jundiai (PCJ)、Paraiba do Sul (PBS)、Alto Tiete (AT)和Sorocaba and Mid Tiete (SMT)流域未来(2020年)水资源利用需求的三种情景。这些模拟是基于对经济中商品最终需求变化的假设预期，从而将水需求的估计结果与假设的水可用性进行比较。水资源的日益短缺促使人们对水资源需求进行分析，特别是提出节约策略。模拟结果显示的水量反映了AT和SMT流域的严重缺水，这是一个已经存在了几十年的问题，而且可能会变得更糟。此外，PCJ流域的缺水主要是由于水向其他流域的转移，特别是覆盖整个圣保罗大都市区的AT流域。
{"title":"Crescimento econômico e pressão sobre recursos hídricos","authors":"Arno Paulo Schmitz, M. V. L. Bittencourt","doi":"10.1590/0101-416147243ASM","DOIUrl":"https://doi.org/10.1590/0101-416147243ASM","url":null,"abstract":"This paper aimed, through an inter-regional input-output matrix (estimated for 2004) in an ecological-economic model, simulate three scenarios of future demand (for 2020) for the use of water resources in river basins Piracicaba-Capivari-Jundiai (PCJ), Paraiba do Sul (PBS), Alto Tiete (AT) and Sorocaba and Mid Tiete (SMT). These simulations are based on the hypothetical expectations of changes in the final demand of goods in the economy, resulting in a comparison between estimates results of demand for water with the hypothetical water availability. The growing shortage of water resources motivates studies on analysis of the demand, especially with a view to proposing sparing strategies. The simulation results showed water amounts that depict important water shortage in AT and SMT basins, which is a problem that has been around for a few decades and can become even worse. In addition, water shortage was identified in the PCJ basin mainly due to water transpositions to other river basins, especially AT covering the entire metropolitan region of Sao Paulo.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"54 1","pages":"329-363"},"PeriodicalIF":0.6,"publicationDate":"2017-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87607967","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-05-30DOI: 10.1590/0101-416147222FCM
F. Castro, M. Bugarin
O presente trabalho tem como objetivo avaliar a progressividade do Imposto de Renda da Pessoa Fisica no Brasil, no periodo de 2006 a 2012, utilizando numeros indices que permitem sua comparacao com outros paises. Dentre as medidas de progressividade efetiva ou global, foram calculados os indices de desvio da proporcionalidade de Kakwani e Suits, alem dos indices de capacidade redistributiva de Reynolds-Smolensky, Musgrave-Thin e Pfahler. Mostra-se que o tributo brasileiro apresenta indices de progressividade bastante altos em comparacao a paises da America Latina e paises desenvolvidos. Entretanto, sua capacidade redistributiva e limitada pela baixa representatividade da arrecadacao do imposto em relacao a renda bruta total do pais, problema semelhante a muitos paises com renda per capita similar a do Brasil. Efetuou-se tambem a decomposicao da progressividade da estrutura do imposto, verificando-se que, no caso brasileiro, o efeito aliquota e responsavel por toda a progressividade, enquanto o efeito base e proporcional.
{"title":"A progressividade do imposto de renda da pessoa física no Brasil","authors":"F. Castro, M. Bugarin","doi":"10.1590/0101-416147222FCM","DOIUrl":"https://doi.org/10.1590/0101-416147222FCM","url":null,"abstract":"O presente trabalho tem como objetivo avaliar a progressividade do Imposto de Renda da Pessoa Fisica no Brasil, no periodo de 2006 a 2012, utilizando numeros indices que permitem sua comparacao com outros paises. Dentre as medidas de progressividade efetiva ou global, foram calculados os indices de desvio da proporcionalidade de Kakwani e Suits, alem dos indices de capacidade redistributiva de Reynolds-Smolensky, Musgrave-Thin e Pfahler. Mostra-se que o tributo brasileiro apresenta indices de progressividade bastante altos em comparacao a paises da America Latina e paises desenvolvidos. Entretanto, sua capacidade redistributiva e limitada pela baixa representatividade da arrecadacao do imposto em relacao a renda bruta total do pais, problema semelhante a muitos paises com renda per capita similar a do Brasil. Efetuou-se tambem a decomposicao da progressividade da estrutura do imposto, verificando-se que, no caso brasileiro, o efeito aliquota e responsavel por toda a progressividade, enquanto o efeito base e proporcional.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"17 1","pages":"259-293"},"PeriodicalIF":0.6,"publicationDate":"2017-05-30","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"88789822","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-03-07DOI: 10.1590/0101-416147151FSJ
F. S. Perobelli, S. Bastos, Juliana Carreiro de Oliveira
This article aims to evaluate the industrial sector in a different perspective from the common view used when we analyze industrialization/deindustrialization. The goal is to analyze the systemic character of the industrial sector from the input-output method using indicators of direct intensity and indirect plus direct intensity of industry. By this measure, you can make clearer the article contribution, ie, provide a productive integration measure in the industrial sector with other sectors in order to check whether the industry has gained importance as a articulator sector of productive activities.
{"title":"Avaliação sistêmica do setor industrial brasileiro: 1995-2009","authors":"F. S. Perobelli, S. Bastos, Juliana Carreiro de Oliveira","doi":"10.1590/0101-416147151FSJ","DOIUrl":"https://doi.org/10.1590/0101-416147151FSJ","url":null,"abstract":"This article aims to evaluate the industrial sector in a different perspective from the common view used when we analyze industrialization/deindustrialization. The goal is to analyze the systemic character of the industrial sector from the input-output method using indicators of direct intensity and indirect plus direct intensity of industry. By this measure, you can make clearer the article contribution, ie, provide a productive integration measure in the industrial sector with other sectors in order to check whether the industry has gained importance as a articulator sector of productive activities.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"70 1","pages":"125-152"},"PeriodicalIF":0.6,"publicationDate":"2017-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75348554","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-03-07DOI: 10.1590/0101-416147115TRM
T. Caliari, M. T. Valente, R. Ruiz
Este paper discute o relacionamento entre a heterogeneidade da demanda em relacao a criterios de escolha e a inovacao de produto. E proposto um modelo evolucionario que apresenta como consumidores com informacao imperfeita escolhem e selecionam bens diferenciados. O modelo conecta a informacao e os criterios de escolha e sua relacao com o processo inovativo das empresas. Como resultados, pode-se verificar que o preco apresenta uma importante funcao, mas a qualidade da informacao, os erros de tolerância dos agentes e criterios para ordenacao de preferencia sao importantes determinantes do desempenho das firmas em uma industria com inovacao de produtos.
{"title":"Heterogeneity of demand and product innovation","authors":"T. Caliari, M. T. Valente, R. Ruiz","doi":"10.1590/0101-416147115TRM","DOIUrl":"https://doi.org/10.1590/0101-416147115TRM","url":null,"abstract":"Este paper discute o relacionamento entre a heterogeneidade da demanda em relacao a criterios de escolha e a inovacao de produto. E proposto um modelo evolucionario que apresenta como consumidores com informacao imperfeita escolhem e selecionam bens diferenciados. O modelo conecta a informacao e os criterios de escolha e sua relacao com o processo inovativo das empresas. Como resultados, pode-se verificar que o preco apresenta uma importante funcao, mas a qualidade da informacao, os erros de tolerância dos agentes e criterios para ordenacao de preferencia sao importantes determinantes do desempenho das firmas em uma industria com inovacao de produtos.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"5 1","pages":"5-37"},"PeriodicalIF":0.6,"publicationDate":"2017-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"87819200","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-03-07DOI: 10.1590/0101-416147149CAA
Celso Júnior, Alejandro C. García Cintado, Armando Vaz Sampaio
The global crisis that erupted in 2007 led many countries to embark on countercyclical fiscal policies as a way to cushion the blow of a depressed aggregate demand. Advocates of discretionary measures emphasize that fiscal policy can indeed stimulate the economy. The main goal of this work is to assess whether the fiscal policies pursued by the Brazilian government in the aftermath of the 2008 crisis, succeeded in bringing the economy back on track in a sustainable fashion. To this end, the fiscal multipliers of five different shocks are studied in a small open-economy New Keynesian framework. Our results point to the government spending and public investment as the most effective fiscal tools for combating the crisis. However, the highest fiscal multiplier turned out to be the one associated with excise tax reductions.
{"title":"Post-2008 Brazilian fiscal policy: an interpretation through the analysis of fiscal multipliers","authors":"Celso Júnior, Alejandro C. García Cintado, Armando Vaz Sampaio","doi":"10.1590/0101-416147149CAA","DOIUrl":"https://doi.org/10.1590/0101-416147149CAA","url":null,"abstract":"The global crisis that erupted in 2007 led many countries to embark on countercyclical fiscal policies as a way to cushion the blow of a depressed aggregate demand. Advocates of discretionary measures emphasize that fiscal policy can indeed stimulate the economy. The main goal of this work is to assess whether the fiscal policies pursued by the Brazilian government in the aftermath of the 2008 crisis, succeeded in bringing the economy back on track in a sustainable fashion. To this end, the fiscal multipliers of five different shocks are studied in a small open-economy New Keynesian framework. Our results point to the government spending and public investment as the most effective fiscal tools for combating the crisis. However, the highest fiscal multiplier turned out to be the one associated with excise tax reductions.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"144 1","pages":"93-124"},"PeriodicalIF":0.6,"publicationDate":"2017-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"85606144","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-03-07DOI: 10.1590/0101-416147123APD
Andreza Aparecida Palma, Diego Ferreira
O objetivo do presente trabalho e estimar a NAIRU ( non-accelerating inflation rate of unemployment ) para o Brasil utilizando um modelo bivariado de componentes nao observados conforme proposto por Chan, Koop e Potter (2015), que diferencia-se da literatura existente por considerar passeios aleatorios restritos para as variaveis nao-observadas. As variaveis latentes do modelo sao a NAIRU, a tendencia inflacionaria, persistencia da inflacao e inclinacao da Curva de Phillips. Os resultados obtidos apontam para uma tendencia de queda da NAIRU, que tem sido revertida no periodo recente. Alem disso, o hiato do desemprego foi predominantemente positivo ate 2010, fato consistente com a diminuicao da inflacao e tem sido predominantemente negativo no periodo recente, o que implica em aumento da inflacao. Tal comportamento e consistente com a trajetoria observada da inflacao no periodo. Dessa forma, o presente trabalho contribui com a literatura empirica a respeito da NAIRU no Brasil, fornecendo novas estimativas para o periodo recente, o que pode vir a aumentar o grau de confiabilidade das estimativas fornecidas.
{"title":"NAIRU, inflação e curva de phillips no Brasil: novas evidências a partir de um modelo tempo-variante","authors":"Andreza Aparecida Palma, Diego Ferreira","doi":"10.1590/0101-416147123APD","DOIUrl":"https://doi.org/10.1590/0101-416147123APD","url":null,"abstract":"O objetivo do presente trabalho e estimar a NAIRU ( non-accelerating inflation rate of unemployment ) para o Brasil utilizando um modelo bivariado de componentes nao observados conforme proposto por Chan, Koop e Potter (2015), que diferencia-se da literatura existente por considerar passeios aleatorios restritos para as variaveis nao-observadas. As variaveis latentes do modelo sao a NAIRU, a tendencia inflacionaria, persistencia da inflacao e inclinacao da Curva de Phillips. Os resultados obtidos apontam para uma tendencia de queda da NAIRU, que tem sido revertida no periodo recente. Alem disso, o hiato do desemprego foi predominantemente positivo ate 2010, fato consistente com a diminuicao da inflacao e tem sido predominantemente negativo no periodo recente, o que implica em aumento da inflacao. Tal comportamento e consistente com a trajetoria observada da inflacao no periodo. Dessa forma, o presente trabalho contribui com a literatura empirica a respeito da NAIRU no Brasil, fornecendo novas estimativas para o periodo recente, o que pode vir a aumentar o grau de confiabilidade das estimativas fornecidas.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"5 1","pages":"39-63"},"PeriodicalIF":0.6,"publicationDate":"2017-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"75669292","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Pub Date : 2017-03-07DOI: 10.1590/0101-416147161AAA
Alex Sander Souza do Carmo, A. P. Raiher, A. Stege
The aim of this study is to analyze the effects of exports on the economic growth of Brazilian micro-regions, during the period 2000-2010, in the light of Feder model (1982). According to Feder model, exports increases economic growth because of productivity difference existing between the export sector and the non-exporter sector and because of the positive externality generated by the export sector on the non-export sector. Estimating the empirical model by the technique of spatial panel data, with fixed effect, the assumptions of the Feder model were confirmed, showing that exports have indirect effects on economic growth of the Brazilians micro-regions.
{"title":"O EFEITO DAS EXPORTAÇÕES NO CRESCIMENTO ECONÔMICO DAS MICRORREGIÕES BRASILEIRAS: UMA ANÁLISE ESPACIAL COM DADOS EM PAINEL","authors":"Alex Sander Souza do Carmo, A. P. Raiher, A. Stege","doi":"10.1590/0101-416147161AAA","DOIUrl":"https://doi.org/10.1590/0101-416147161AAA","url":null,"abstract":"The aim of this study is to analyze the effects of exports on the economic growth of Brazilian micro-regions, during the period 2000-2010, in the light of Feder model (1982). According to Feder model, exports increases economic growth because of productivity difference existing between the export sector and the non-exporter sector and because of the positive externality generated by the export sector on the non-export sector. Estimating the empirical model by the technique of spatial panel data, with fixed effect, the assumptions of the Feder model were confirmed, showing that exports have indirect effects on economic growth of the Brazilians micro-regions.","PeriodicalId":43766,"journal":{"name":"Estudios De Economia","volume":"3 1","pages":"153-183"},"PeriodicalIF":0.6,"publicationDate":"2017-03-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"76936501","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":4,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
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