This article aims at exploring the empirical evidence regarding the effects of increasing returns to scale and international technological diffusion on the Brazilian manufacturing industry. Our departure point is a Kaldorian-type theoretical model that provides not only the positive effects of...

The paper’s purpose is to investigate and to criticize the quantitative method used by antitrust authorities to analyze mergers unilateral effects. Until the nineties the method used by antitrust authorities was discretionary, based on a structural analysis of the market or the relevant market...

There are in the literature on both industrial and regional economics many studies on local productive arrangements. Indeed, this kind of industrial/regional organization has become an important piece in the implementation of industrial, regional and technological policies. Accordingly, a...

The theoretical and empirical connections between economic growth and trade have been discussed in economics for a long time This link, however, has been proved empirically to be weak, as there is little evidence about the role of trade in economic growth and development. Taking into...

In this article we assess the impact of the Fica Vivo programme, for the prevention and control of criminality, set up in Brazil. Its design is inspired by the American programme CeaseFire and the principal objective is the reduction of homicides in areas where its incidence is high, in general,...

The theme of unit roots in macroeconomic time series has received a great amount of theoretical and applied research in the last two decades. This paper presents some of the main issues regarding unit root tests, explores some of the implications for macroeconomic theory and policy, and reviews...

This paper aims at analyzing theoretically and empirically the role of infrastructure expenditure on economic growth in Brazil from 1986 to 2003. The hypothesis is that public infrastructure expenditures in transport are central to foster sustainable growth in Brazil. Theoretical and empirical...

This article seeks to show that, in spite of major steps towards getting close to reality, new-Keynesian macroeconomics is still full of difficulties, like the "ad hoc" hypothesis used to explain the non neutrality of money and the existence of disequilibria in the short run. In particular,...