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The paper estimates the lower bound for market concentration taking as reference the framework advanced by Sutton (1991). Quantile regression methods were considered in the context of the Brazilian manufacturing industry in 2005 and separate estimates were obtained for exogenous and endogenous...
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Using quantitative data obtained from public available database, this paper discusses the difference between of the Brazilian GDP and the Brazilian Stock Exchange industry breakdown. I examined if, and to what extent, the industry breakdowns are similar. First, I found out that the Stock...
Persistent link: https://www.econbiz.de/10013092129
Brazil has experienced a revolution in its cartel enforcement regime in the last ten years or so. The increase in the number of dawn raids, the steep rise in the amount of fines, and the rapid evolution of the leniency program, and criminal prosecutions, are remarkable. These developments,...
Persistent link: https://www.econbiz.de/10013002284
This paper aims to analyze the degree of concentration of loans allocated to agricultural and livestock activities in Brazil from 2000 to 2009, and to assess the distribution pattern of rural credit among the Brazilian states. The major motivation is to investigate if the volume of available...
Persistent link: https://www.econbiz.de/10012654239
The paper estimates the lower bound for market concentration taking as reference the framework advanced by Sutton (1991). Quantile regression methods were considered in the context of the Brazilian manufacturing industry in 2005 and separate estimates were obtained for exogenous and endogenous...
Persistent link: https://www.econbiz.de/10013316454
Extreme inequality in Brazil is self-evident. The historian José Murilo de Carvalho emblematically chose to end his book on the history of citizenship in Brazil with the severe diagnosis that 'inequality is the slavery of today, the new cancer that hinders the constitution of a democratic...
Persistent link: https://www.econbiz.de/10011760538