We build a database and model to develop general equilibrium analysis of the Brazilian economy at the level of the five macro regions. The model is multiregional at global level as also at the Brazilian level. The project is coupled to the GTAP model through disaggregation of the original...

The objective of this paper is to determine the effects of the creation of MERCOEURO stemming from an indirect tax reduction in the Brazilian economy. Four different scenarios were analyzed taking into account the elimination of tariffs on imports among the member countries in the MERCOEURO...

Since the 1980s, the investments in infrastructure have been significantly reduced, jeopardizing Total Factor Productivity (TFP) and competitiveness of Brazilian agriculture. The Solow growth model with panel data is used to estimate TFP. An adaptation of the Zhang and Fan (2004) model for...

This paper consists of a review of the most important contributions to the understanding of the Optimum Currency Areas (OMA) and on the perspective of implementing such a policy measure into Mercosur. The theoretical support was obtained from reference studies on the European common currency...

The objective of this work was to analyze the cost allocation of improvements in river basins among the water users. It was used, as example, the Paraíba do Sul river basin, located in the states of Minas Gerais, São Paulo and Rio de Janeiro, and, as criteria of allocation of costs, they were...

The objective of this article is to weave hermeneutic considerations and philosophies concerning ethics, economy and climate, with a specific focus on the relationship between Kant's categorical imperative and the question of improved sustainability. The economic perspective of Georgescu-Roegen...

The objective of this paper was to verify the market power of the Argentinean, Brazilian and American exports of soymeal to the European Union, the main consumer market of this commodity. For that, the article is based on the methodology of residual demand. Using the methods Seemingly Unrelated...

This paper is makes an analysis of the process of convergence of income between the municipalities of the Minas Gerais (Brazil) in the period of 1980 to 2005, trying to identify the existence of clubs of convergence using a model threshold. Results indicated for the formation of four clubs of...

As economists increasingly recognize the limits of the canonical self-interest assumption, the lack of a theory of human valuation that clearly specifies what determines an individual’s utility judgments renders the prediction of behavior in social dilemmas virtually impossible.  In this...

Economic crisis has been activated keynesianism. The current trends of the brazilian economy make it advisable to reseat the structuralism in economic debate. This is the primary goal of this article. To do this, it discusses a “two sector” macroeconomic model whereby sought to show its...