Since the beginning of the 90's the New Economic Geography (NEG) has been a theoretical reference for several researches on regional and urban economics. The main task of this paper is to present a critical assessment of the NEG approach, which has in the book The Spatial Economy, by M.Fujita,...

Financial markets have become increasingly integrated throughout the world. Does this mean that local financial institutions are becoming irrelevant? We argue that due to the information asymmetries involved in credit concession and banks' role as monitors the answer is no. Motivated by...

Financial markets have become increasingly integrated throughout the world. Does this mean that local financial institutions are becoming irrelevant? We argue that due to the information symmetries involved in credit concession and banks’ role as monitors the answer is no. Motivated by...

In this paper, we characterize the domestic cargo flows for imports and exports, from and towards the Brazilian ports. Based on this characterization, it is possible to calculate basic competitiveness indicators, for different cargo types. We also present a discussion on minimum efficient scales...

In this paper, we analyze the structure of geographic markets for the port sector in Brazil, identifying influence areas for its main ports. We employed spatial clustering algorithms, based on foreign trade data. We observed that the geographic factor seems to be extremely important in...

In this paper, we present some models to analyze the impacts of surface transportation logistic costs on importers and exporters decisions on which ports to choose for foreign trade operations. We employed a technique based on fractional split distributions, in which the dependent variable...

While often times the Hypothetical Monopolist Test (HMT) utilized in relevant market delineation is implemented with uniform price increases throughout all the goods in the candidate relevant market, since 1984 the versions of the U.S. Merger Guidelines have emphasized that these small but...

Two major changes in Brazilian legislation during the 1990s reshaped the local pharmaceutical industry: the ratification of the TRIPS agreement including a provision for pipeline inventions in 1996, and a Generic Drug Act in 1999, which introduced bioequivalence tests and facilitated generic...

Two major changes in Brazilian legislation during the 1990s reshaped the local pharmaceutical industry: the ratification of the TRIPS agreement including a provision for pipeline inventions in 1996, and a Generic Drug Act in 1999, which introduced bioequivalence tests and facilitated generic...

While often times the Hypothetical Monopolist Test (HMT) utilized in relevant market delineation is implemented with uniform price increases throughout all the goods in the candidate relevant market, since 1984 the versions of the U.S. Merger Guidelines have emphasized that these small but...