The goal of this paper is to test the Husted model and to inspect the long-run sustainability of Brazilian current account in a very specific period of time (1996-2005) by the use of monthly data. We have tested the inter-temporal budget constraints (IBC) condition via unit root test with...

This paper compares the technological intensity of Latin American and South-Southeast exports in the last three decades. In this period exports from Asian countries increased at a much higher speed than the one observed in Latin American countries. The main reason was the higher and increasing...