Investimento, Indústria e Crescimento Econômico Brasileiro: uma Análise da Relação de Causalidade
AbstractIn 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 InfoPaper provided by Universidade Federal do Paraná, Department of Economics in its series Working Papers with number 0062.
Length: 21 pages
Date of creation: 2007
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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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economic growth; industry; Granger causality test;
Find related papers by JEL classification:
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- O14 - Economic Development, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
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