Fixed Capital has a major role in economic growth literature and on the estimation of potential output using a production function - which is essential to design macroeconomic policy. One of the main contributions of this work, differently from the previous works, is to estimate the capital...

This paper analyses the impact of increases in the price of two primary products - coffee and cocoa - on the growth of the national and regional economies in Brazil. It aims at explaining the factors that have determined salutary effects in the coffee region and negligible effects in the cocoa...