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Using panel data, this paper explores the role of infrastructure and human capital in the convergence of income levels … reject the hypothesis of non-convergence in per capita incomes of UE countries, but the results do not support the hypothesis … that the speed of convergence is affected by infrastructures. …
Persistent link: https://www.econbiz.de/10005021900
This paper analyzes a set of infrastructure programs (Sewer, Housing, Transports, Communications and Energy) in the Northeast region of Brazil, announced by the federal government in the scope of the PAC (Plano de Aceleração do Crescimento). We use an interregional computable general...
Persistent link: https://www.econbiz.de/10004968699
The Brazilian federal government has recently set out plans encompassing detailed public expenditure programs and targets on infra-structure investment (PAC, Programa de Aceleração do Crescimento). We investigate the sectoral, regional and national economic consequences of the PAC in Minas...
Persistent link: https://www.econbiz.de/10005056962