This paper aims at analyzing theoretically and empirically the role of infrastructure expenditure on economic growth in Brazil from 1986 to 2003. The hypothesis is that public infrastructure expenditures in transport are central to foster sustainable growth in Brazil. Theoretical and empirical...

The paper tried to contribute to the theory of the location of the bank services. At first, there was strong evidence showing that the bank location not only depended on economical factors. The developed model and the results found in the spatial econometrics analysis demonstrated that there is...

The economy of the Brazilian state of Minas Gerais has undergone several changes between the 1950’s and the 1990’s. The main result of those changes was the great heterogeneity amongst its microrregions (dynamic and stagnant areas exist simultaneous). The aim of the paper is to identify the...