How does Brazilian private investment respond to increases in the gross tax burden? An econometric investigation. This article aims to offer three contributions to the debate on the recent performance of the Brazilian economy. First, it presents approximate quarterly figures for the Brazilian...

This paper studies the determination of the surpluses of the Brazilian central government. For quarterly data from 1996 through 2011, the empirical strategy included: i) structural break models and nonlinear estimates on the level of public debt, to handle the inertia after 1999, for high levels...

This paper presents an econometric analysis of competitiveness indicators related to entrepreneurial efficiency, specially those associated with relative potential competitiveness. Such indicators are obtained by means of the relation between real wage series and labor productivity in the state...

The goal of this paper is to evaluate the results of regional economic growth estimates at multiple spatial scales using spatial panel data models. The spatial scales examined are minimum comparable areas, micro-regions, meso-regions and states over the period between 1970 and 2000. Alternative...

This text presents the main points of the debate about the mechanisms of attraction and facilitation of foreign direct investment. Recently several countries have questioned the traditional model of investment agreements. One of the remarkable dimensions in the agenda of several multinational...