Despite the fact that after the second half of the 1990s studies of financial exclusion have gained strength among the studies about poverty and regional and social inequalities, a few studies about this problem had appear in the Brazilian economic literature. The present work contributes to the...

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 aim of this paper is to discuss the idea that knowledge externalities, as discussed in the Endogenous Growth Theory, can be spread over any kind of space. Although this point has already been discussed by some scholars in the heterodox tradition (Nelson, 1998, Martin and Sunley, 1998, among...

One important question that has been discussed in the literature about regional economics is the relevance of local productive networks (clusters) for the regional development. It is possible to find a huge number of case studies that discuss many aspects of this kind of network: cooperation,...

There are in the literature on both industrial and regional economics many studies on local productive arrangements. Indeed, this kind of industrial/regional organization has become an important piece in the implementation of industrial, regional and technological policies. Accordingly, a...

This paper’s goal is to make use of a human capital proxy that takes into account quantitative and qualitative aspects of this factor to measure with a higher level of accuracy the impact of human capital on countries’ income level and rate of growth. The empirical study will take place by...

The objective of this study is to evaluate the different channels in which human capital affects income level and growth and to use a proxy of human capital variable that incorporates quantitative and qualitative aspects of this factor. The human capital proxy that will be used is years of...

This paper explores the financial development in Brazil. It focuses on the impacts of the development level of a municipality’s financial system over its neighborhood, under the light of the Central Place Theory. Using a GMM estimator for a spatial panel model with an endogenous spatial lag...

In this article, we investigated which of the convergence hypotheses - absolute, conditional or club - best describes the movement of the income per worker for the countries of Latin America and East Asia between 1960 and 2000 using the methodology proposed by Johnson and Takeyama (2003). The...

In this paper, we evaluate the income convergence hypothesis in Latin America and East Asia between 1960 and 2000 through the use of quantile regressions to estimate growth equations. This approach allows us to assess how the effect of policy variables on per worker income growth rate can vary...