The purpose of the paper was to study if the dynamics of the Brazilian cattle stocks can be better explained by systemic endogenous factors or either by exogenous changes on beef demand. The conclusion, as proposed by the theory of the cattle cycle, was that systemic factors related to the...

Encountering neighbors: an analysis of capital goods production in Brazil using recurrence plot diagrams - The objective of the paper is to identify possible non-linearities in Brazilian capital goods production in the period January/1975-January/2002. Using the techniques of recurrence plots...

Institutions are in essence restrictions to the individual behavior created by the own individuals to allow social interactions. The most promising theoretical and empiric progresses in the study of that theme have been reached in the last years by the New Institutional Economy (NIE), but they...