Brazil is a country of continental proportions whose gross domestic product is unevenly distributed among its various regions. The impact of general domestic economic policies has often been perceived as not being regionally neutral, but as reinforcing the geographic concentration of economic...

The expert contributors illustrate that sources of regional competitiveness are strongly linked with spatially observable yet increasingly flexible realities, and include building advanced and efficient transport, communications and energy networks, changing urban and rural landscapes, and...

This study analyses the investment decision of 497 Brazilian firms during a period of unstable macroeconomic conditions. The role of financial constraints is considered in a Bayesian econometric model. We estimate three different models, and the results indicate the presence of financial...

The expansion of sugarcane growing in Brazil, spurred particularly by increased demand for ethanol, has triggered the need to evaluate the economic, social, and environmental impacts of this process, both on the country as a whole and on the growing regions. Even though the balance of costs and...

This study analyses the role of financial constraints on the investment decisions of 497 Brazilian firms. We use panel data, with firm-specific information for different years, allowing for the abandonment of the representative firm model. Information on capital intensity at the firm level is...