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Investimento, Indústria e Crescimento Econômico Brasileiro: uma Análise da Relação de Causalidade

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Author Info

  • Luciano Nakabashi

    ()
    (Department of Economics, Universidade Federal do Paraná)

  • Fábio Dória Scatolin

    ()
    (Department of Economics, Universidade Federal do Paraná)

  • Marcio José Vargas da Cruz

    ()
    (Department of Economics, Universidade Federal do Paraná)

Abstract

In the economic growth and development literature there are two elements that are usually considered to be essential in shaping countries’ economic performance. The first one is that investments on the real sector are a necessary condition to generate productive capacity on industry and other economic sectors. The second one is the perception that investment on industrial activities is an engine of economic growth. The main objective of the present study is to analyze the causality relation involving investment, industrial growth, and economic growth by means of the Granger causality test for the Brazilian economy between 1948 and 2005.

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Bibliographic Info

Paper provided by Universidade Federal do Paraná, Department of Economics in its series Working Papers with number 0062.

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Length: 21 pages
Date of creation: 2007
Date of revision:
Handle: RePEc:fup:wpaper:0062

Note: Creation Date corresponds to the year in which the paper was published on the Department of Economics website. The paper may have been written a small number of months before its publication date.
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Keywords: economic growth; industry; Granger causality test;

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