Within a general equilibrium framework of a developing economy with a foreign owned factor of production, this paper questions whether the informal-formal sector relationship is procyclical/ complementary - expansion or contraction in one necessarily implies an expansion or contraction in the...

This paper analyses the impact of increases in the price of two primary products - coffee and cocoa - on the growth of the national and regional economies in Brazil. It aims at explaining the factors that have determined salutary effects in the coffee region and negligible effects in the cocoa...