The objective of this study is to evaluate the different channels in which human capital affects income level and growth and to use a proxy of human capital variable that incorporates quantitative and qualitative aspects of this factor. The human capital proxy that will be used is years of...

Human capital, productivity and physical capital are considered the main factors in the economies’ GDP per capita determination. According to the neoclassical approach, human capital accumulation explains about a third of the variation in per capita income across countries. However, there is...

The aim of this paper is to show that concepts such as growth regime, external constraints and financialization, which are very common in many post Keynesian studies on growth, are compatible and complementary, but the conciliation among them requires the use of some concepts of French...

The aim of this study is to evaluate the potential process of early deindustrialization in Brazil, or the reduction of the share of manufacturing in the added value, that occurred in a per capita income level that, according to the specialized literature, it is not justified. For this intent, we...

This paper evaluates the strategy of growth cum foreign savings adopted by many emerging countries, and its consequences. Bresser-Pereira and Nakano (2003) points out that there is in emerging countries a high rate of substitution of foreign and domestic savings during the process of influx of...

This paper aims at assessing the effects of real exchange rate overvaluation over the export composition for developing countries in a time span of 1970-2004. For this intent, it is estimated an exchange rate overvaluation index by using panel cointegration techniques (Dynamic Ordinary Least...

This paper analyzes the evolution of the share of imported intermediate goods in the production process and its influence on the share of manufacturing in value added for the Brazilian economy, covering the period span 1995-2008. In a first step, we estimate input-output matrices, at constant...

The aim of this study is to evaluate the potential process of early deindustrialization in Brazil, or the reduction of the share of manufacturing in the added value, that occurred in a per capita income level that, according to the specialized literature, it is not justified. For this intent, we...