The aim of this paper is to evaluate the role of the manufacturing sector in the development process through the first two laws of Kaldor. The first states that the higher the growth of industrial output, more significant is the growth rate of the product of the economy as a whole. The second...

The historical success of the Asian developmental States and the partial success of developmental States in Latin America suggest numerous common requisites for an efficient State intervention, including a weberian bureaucracy, the monitoring of project implementation and reciprocity (subsidies...

Financial constraints on Brazilian firms are very high compared to advanced economies. In Brazil, 59% of firms have access to a bank loan or a credit line. In developed countries, the average percentage is 95%. Loan collateral requirements are much higher in Brazil (95% of the loan value) than...

The historical success of the Asian developmental States and the partial success of developmental States in Latin America suggest numerous common requisites for an efficient State intervention, including a weberian bureaucracy, the monitoring of project implementation and reciprocity (subsidies...

The aim of this paper is to evaluate the role of the manufacturing sector in the development process through the first two laws of Kaldor. The first states that the higher the growth of industrial output, more significant is the growth rate of the product of the economy as a whole. The second...

Portuguese Abstract: O objetivo deste trabalho é oferecer um estudo histórico da evolução do sistema tributário brasileiro desde o final da Segunda Guerra Mundial até os dias atuais, centrando-se na influência de atores e instituições externas. Ao fazermos isso, pretendemos contribuir...

Financial constraints on Brazilian firms are very high compared to advanced economies. In Brazil, 59% of firms have access to a bank loan or a credit line. In developed countries, the average percentage is 95%. Loan collateral requirements are much higher in Brazil (95% of the loan value) than...

This paper tests the convergence hypothesis across the EU NUTS II regions between 1990 and 2001. It does that using the test of dispersion and estimating “Barro-type” regressions that relate economic growth to the initial income and other variables. It identifies the causes that can explain...