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Over the last decades, the challenge of giving support to national economic growth process has become an undisputed issue. Since the second term of the Lula government, the theme of resumption of investment was imposed. In particular, the State of Rio de Janeiro benefited from a cycle of large...
Persistent link: https://www.econbiz.de/10011386671
The metropolitan region of Rio de Janeiro has an urban structure "macrocefálica" in which the hinterland remains "the shadow of the metropolis" with other reduced centrality. However, in the recent period, there was the advent of large investment projects in its periphery, notably in the steel,...
Persistent link: https://www.econbiz.de/10011350580
We estimate the long-term effect of public R&D on growth in manufacturing by analyzing new data from the Cold War era Space Race. We develop a novel empirical strategy that leverages US-Soviet rivalry in space technology to isolate windfall R&D spending. Our results demonstrate that public R&D...
Persistent link: https://www.econbiz.de/10014322858
The issue of whether government capital is productive has received a great deal of attention recently, yet empirical analyses of public capital productivity have generally been limited to the official capital stock estimates available in a small sample of countries. Alternatively, many...
Persistent link: https://www.econbiz.de/10005252981
The issue of whether government capital is productive has received a great deal of attention recently, yet empirical analyses of public capital productivity have generally been limited to the official capital stock estimates available in a small sample of countries. Alternatively, many...
Persistent link: https://www.econbiz.de/10005142036
This paper provides new evidence for the empirical literature that investigates the presence of political cycles in fiscal policy and, more precisely, public investments in Brazil. The approach differs from most of the studies for applying the state-space modeling. The greatest benefit is to...
Persistent link: https://www.econbiz.de/10010406330
This paper provides new evidence for the empirical literature that investigates the presence of political cycles in public investments in Brazil. This approach differs from most of the studies for applying the state-space modeling whose greatest benefit is estimating the cyclical component...
Persistent link: https://www.econbiz.de/10010406333
convergence hypothesis cannot be rejected suggesting there are differences in the convergence processes between the north and …
Persistent link: https://www.econbiz.de/10009746455
This paper evaluated the role of infrastructure on the productivity of industries in the Brazilian mesoregions. We found that infrastructure positively affects the efficiency of industries, although due to the size of the estimated coefficients, this influence is small. Considering the average...
Persistent link: https://www.econbiz.de/10011345084
Since 1980, US wage growth has been fastest in large cities. Empirically, we show that most of this urban-biased growth reflects wage growth at large Business Services firms, which are also the most intensive users of information and communications technology (ICT) capital in the US economy. We...
Persistent link: https://www.econbiz.de/10013388871