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The “optimum” long-run real exchange rate is the rate that will efficiently channel production resources into industries that generate and diffuse productivity gains in the economy as a whole and that will thus tend to speed up and sustain the economic development process. Rather than employing c...


Nassif, AndréFeijó, Carmen AparecidaAraújo, ElianeA structuralist-Keynesian model for determining the optimum real exchange rate for Brazil’s economic development process: 1999-2015

This article tests whether the profit share of gdp and capacity utilization affect capital accumulation in Brazil in the period 1950-2008 (in the sense of Granger causality). The methodology developed by Toda and Yamamoto (1995) is used to verify the Granger non-causality hypothesis. The results ...


Morrone, HenriqueDo demand and profitability stimulate capital accumulation? An analysis for Brazil

Se aborda el binomio cadenas productivas y territorio, identificándose dos tipos de desarrollo: el "enclave" del Secano Interior y el de "encadenamiento potencial" entre dicho enclave y la Conurbación del Gran Concepción. Los beneficios de la cadena productiva forestal-celulosa, de importancia mu...


Falabella G., GonzaloGatica N., FranciscoSector forestal-celulosa, agricultura de secano e industria en el Gran Concepción: ¿encadenamiento productivo o enclave?

This paper uses the product space methodology to gain new perspectives on the relationship between economic complexity and economic development, illustrated by case studies of Brazil and the Republic of Korea. It takes import data as an indicator of revealed comparative disadvantage to highlight ...


Britto, GustavoRomero, João PratesFreitas, EltonCoelho, ClaraThe great divide: economic complexity and development paths in Brazil and the Republic of Korea

Este artículo tiene por objeto entender el estado desarrollista y el papel histórico que le ha correspondido en las revoluciones industriales y en períodos posteriores. Primeramente se define al estado desarrollista como alternativa al estado liberal. En segundo lugar, se sostiene que las revoluc...


Bresser Pereira, Luiz CarlosModelos de estado desarrollista

Monetary regimes and labour institutions: an alternative interpretation of the downward trend in exchange-rate pass-through in peripheral countries / Martín Cherkasky and Martín Abeles . -- Models of the developmental state / Luiz Carlos Bresser-Pereira .-- The development of venture capital in L...


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