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Investimento em infraestrutura logística, comércio internacional e crescimento econômico de longo prazo: uma análise a partir de simulações computacionais

Author

Listed:
  • Matheus Silva de Paiva

    (UNB)

  • Guilherme Jonas C. da Silva

    (UFU)

  • Júlio Fernando Costa Santos

    (UFU)

Abstract

The study aims to develop a model of economic growth compatible with Thirlwall's Law (1979). The model originally developed by Thirlwall disregards the lack of infrastructure as a limiting factor to the flow of trade and therefore economic growth. The hypothesis of this study is that the continuous public investment in transport infrastructure is crucial for sustained growth. Thus, we intend to move forward in the theoretical debate introducing the infrastructure gap in the original model. Also, we made numeric simulations in order to test the validity of "Thirlwall's Law" as well as identify the impacts of public investment in infrastructure over the long-term growth, in order to propose economic policies to improve the foreign Brazilian trade.

Suggested Citation

  • Matheus Silva de Paiva & Guilherme Jonas C. da Silva & Júlio Fernando Costa Santos, 2015. "Investimento em infraestrutura logística, comércio internacional e crescimento econômico de longo prazo: uma análise a partir de simulações computacionais," REOESTE - Revista de Economia do Centro-Oeste, Nepec - Curso de Ciencias Economicas da Universidade Federal de Goias - FACE, vol. 1(2), pages 7086-7086.
  • Handle: RePEc:ufb:rpaper:v:1:y:2015:i:2:p:70-86
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    More about this item

    Keywords

    Computer Simulation; Logistics Infrastructure; Economic Growth;
    All these keywords.

    JEL classification:

    • C63 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computational Techniques
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures
    • J40 - Labor and Demographic Economics - - Particular Labor Markets - - - General

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