000 01780naa a2200205uu 4500
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003 OSt
005 20190212123710.0
008 101105s2010 bl ||||gr |0|| 0 por d
100 1 _aMUSSOLINI, Caio Cesar
_942854
245 1 0 _aInfraestrutura e produtividade no Brasil
260 _aSão Paulo :
_bEditora 34,
_cout./dez. 2010
520 3 _aInfrastructure and productivity in Brazil. This article analyses the relationship between infrastructure and total factor productivity (TFP) in Brazil during the second half of the twenty century. Public capital is used as a proxy for infrastructure capital. The hypothesis to be tested is that an increase in infrastructure — more than than a rise in the private capital stock— has a positive effect on productivity on the long run. In that sense, it was used the Johansen methodology for testing the cointegration between TFP and the public/private capital ratio. In fact, it was found that this complementary relation (public-private) helps in explanning TFP’s path from 1950 to 2000. The results were robust to different measures of productivity and the public/private ratio. In addition, the short (medium) run analysis has indicated that shocks in this ratio have a significant effect over the TFP, but the opposite is not true. Therefore, the cuts in infrastructure investment could be a possible explanation for the TFP’s fall during the 70’s and 80’s
590 _av. 30, n. 4(120)
700 1 _aTELES, Vladimir Kuhl
_942855
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g30, 4, p. 645-662
_dSão Paulo : Editora 34, out./dez. 2010
_xISSN 01013157
_w
942 _cS
998 _a20101105
_b1145^b
_cJaqueline
998 _a20140307
_b0955^b
_ckarina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c37153
_d37153
041 _apor