Information about inter-regional trade is very unusual in most countries, including Brazil. This paper explores some features about inter-regional trade in Brazil based on empirical trade data incorporated in an inter-regional computable general equilibrium (CGE) model. Furthermore, considering...

Objective of this study is to identify existence of spatial dependence between the capital microregions of the Northeast of Brazil, as well as the existence of spatial spillovers on the growth of GDP per capita between these cities, in 2000-2006. For this it was estimated an econometric model...

A consensus has not yet emerged about the relationship between the budget deficit, external deficit and national saving. In general, the mechanisms through which a budget deficit could cause a current account deficit are not highlighted in the works about this theme. Basing on the Post Keynesian...

The Financial Crisis has hit particularly hard countries like Ireland or Spain. Procyclical fiscal policy has contributed to a boom-bust cycle that undermined fiscal positions and deepened current account deficits during the boom. We set up an RBC model of a small open economy, following Mendoza...