Bugarin, Mirta N. S.; Roberto Ellery Jr.; Gomes, Victor; … - Institut for Miljø og Erhvervsøkonomi, Syddansk … - 2005
In this paper we ask if the Cass-Koopmans model can account for the behavior of the Brazilian economy from 1970 to 1998. We divide this period in two subperiods. In the first one, the 70s, the GNP per working age person grew at 5.05% a year. In contrast with GNP per working age person, Total...