We estimate the components of income per worker of the states of Brazil through level decompositions, in 1970, 1980, 1990 and 2000. Relative differences, with respect to São Paulo, in the productivity of labor were due to relative differences in capital and in total factor productivity. In...

The role of multinational enterprises in the internationalization of production has been recognized and studied from several points of view. We believe that multinational firms have a similar role in shaping flows of knowledge, technology, and scientific research. Therefore, multinational firms,...

The hypothesis that in the long run only supply conditions can explain economic growth has been challenged by research that attaches a central role to demand conditions. In this case, there would be a feedback process in which productivity and labor supply would affect aggregate demand and this...

Tourism has contributed to economic development of territories and regions, understood as a synonymous of economic growth. The potential of tourism to drive economic growth is known, but it is also known that it can encourage inequities. Without detailing what type of development and for whom,...

This paper aims to present causality tests between financial system and economic growth in the frequency domain for Brazil, India, France, Japan, United States and Korea. This approach allows to capture nonlinearities in the direction of the causality from short to longer terms. Indeed the...

Este estudo pretende avaliar a dinâmica recente do desenvolvimento regional no Brasil. Para tanto, parte-se da premissa que a queda recente nos indicadores de desigualdade de renda estaduais e municipais não denota um processo de convergência de renda. A adoção do conceito de polarização...