This paper discusses the use of Herbert Simon's concept of bounded rationality in the evolutionary firm of Nelson and Winter. The assumption of bounded rationality (an individual behavior) in a collective context of firm could require some justification. We suggest that the adoption of complex...

This analysis the relationship between market structure and competitiveness in the Brazilian bank industry. First, it quantifies competitiveness by using the statistic-H proposed by Panzar & Rosse and evaluates its relationship with several concentration statistics: Herfindahl-Hirschman,...

The motivation of this article bases on the existent controversy in the recent literature about economic growth, sustainable development and environmental protection, started with the empirical evidences presented by Grossman and Krueger (1995, 1996), where the relationship between per capita...

In this paper we look for the historical genesis of Argentina's crisis. We argue that the economic liberalization model, implicit of the Convertibility Plan, has its roots in establishment of the agro-exporting economy on which, between the end of the 19th century and the first decades of the...

This paper discusses the relationship between poverty and urban violence, taking São Paulo Municipality as example. It is argued that the local of residence, and not the income, is the most adequate variable to evaluate the association between poverty and violence in the city. The spatial cut...

The aim of this paper is to carry out an empirical analysis about the relation between Liberalization of Capital Account and Economic Growth having as study object the experience of 16 countries of Latin America with annual data for the period 1986-2000. As econometrical methodology, a dynamic...

This study focuses the commerce, economical activity that carried out the function of still controlling the global production in an economy without the domain of the industrial section. The principal objective of the work is to define, through statistical model, the relationships among number of...

This paper showed that the credit market grew not only in amount of money following the population growth of the city, as also supplanting. The financing conditions had also tended to improve in the studied period, with the reduction of the taxes of interests and allonge of the stated period,...

This paper estimates residential water demand functions taking into account the block rate pricing schedule usually set by water utilities. The progressive pricing, although preserves the convexity property on the budget set, induces the consumer budget constraints be non-linear, what violates...

The main purpose of this article is to evaluate the degree of integration of Mercosur both at a regional and a multilateral level. We estimate a gravity equation in order to assess the border effect and the degree of integration among Mercosur countries during the 90's.