IDEAS home Printed from https://ideas.repec.org/p/anp/en2014/164.html
   My bibliography  Save this paper

Physical And Human Capital And Brazilian Regional Growth: A Spatial Econometric Approach For The Period 1970-2010

Author

Listed:
  • RICARDO CARVALHO DE ANDRADE LIMA
  • RAUL DA MOTA SILVEIRA NETO

Abstract

Carvalho R. and Silveira Neto R. Physical and human capital and Brazilian regional growth: a spatial econometric approach for the period 1970–2010, Regional Studies. This paper identifies the determinants of economic growth and analyses the dynamics of income using a panel of 522 Brazilian micro-regions for period 1970–2010. Based on the spatial extension of the Mankiw–Romer–Weil (MRW) model and explicitly considering both physical and human capital, the parameters of a Spatial Durbin Model (SDM) with fixed-effects are estimated. The direct and indirect impacts of the determinants of regional growth are then calculated. The results indicate strong spatial dependence among Brazilian micro-regions and that investments in both physical and human capital are important for the growth of the Brazilian regional economies.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Ricardo Carvalho De Andrade Lima & Raul Da Mota Silveira Neto, 2016. "Physical And Human Capital And Brazilian Regional Growth: A Spatial Econometric Approach For The Period 1970-2010," Anais do XLII Encontro Nacional de Economia [Proceedings of the 42nd Brazilian Economics Meeting] 164, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    • Handle: RePEc:anp:en2014:164
    as

    Download full text from publisher

    File URL: http://www.anpec.org.br/encontro/2014/submissao/files_I/i10-785c284023331fdcbba3ed40306039fd.pdf
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Romer, Paul M, 1986. "Increasing Returns and Long-run Growth," Journal of Political Economy, University of Chicago Press, vol. 94(5), pages 1002-1037, October.
    2. Luciano Nakabashi & Márcio A. Salvato, 2007. "Human Capital Quality in the Brazilian States," Economia, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics], vol. 8(2), pages 211-222.
    3. Túlio Cravo & Adrian Gourlay & Bettina Becker, 2012. "SMEs and regional economic growth in Brazil," Small Business Economics, Springer, vol. 38(2), pages 217-230, February.
    4. Cem Ertur & Wilfried Koch, 2007. "Growth, technological interdependence and spatial externalities: theory and evidence," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 22(6), pages 1033-1062.
    5. Millo, Giovanni & Piras, Gianfranco, 2012. "splm: Spatial Panel Data Models in R," Journal of Statistical Software, Foundation for Open Access Statistics, vol. 47(i01).
    6. Shankar, Raja & Shah, Anwar, 2003. "Bridging the Economic Divide Within Countries: A Scorecard on the Performance of Regional Policies in Reducing Regional Income Disparities," World Development, Elsevier, vol. 31(8), pages 1421-1441, August.
    7. Afonso Ferreira, 2000. "Convergence in Brazil: recent trends and long-run prospects," Applied Economics, Taylor & Francis Journals, vol. 32(4), pages 479-489.
    8. Tulio A. Cravo & Bettina Becker & Adrian Gourlay, 2015. "Regional Growth and SMEs in Brazil: A Spatial Panel Approach," Regional Studies, Taylor & Francis Journals, vol. 49(12), pages 1995-2016, December.
    9. Wolfgang Keller, 2002. "Geographic Localization of International Technology Diffusion," American Economic Review, American Economic Association, vol. 92(1), pages 120-142, March.
    10. Selin Özyurt & Marie Daumal, 2013. "Trade openness and regional income spillovers in Brazil: A spatial econometric approach," Papers in Regional Science, Wiley Blackwell, vol. 92(1), pages 197-215, March.
    11. Guilherme Mendes Resende & Alexandre Xavier Ywata de Carvalho & Patrícia Alessandra Morita Sakowski, 2013. "Evaluating Multiple Spatial Dimensions of Economic Growth in Brazil Using Spatial Panel Data Models (1970 - 2000)," Discussion Papers 1830a, Instituto de Pesquisa Econômica Aplicada - IPEA.
    12. Diego Puga, 2002. "European regional policies in light of recent location theories," Journal of Economic Geography, Oxford University Press, vol. 2(4), pages 373-406, October.
    13. N. Gregory Mankiw & David Romer & David N. Weil, 1992. "A Contribution to the Empirics of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 107(2), pages 407-437.
    14. Robert M. Solow, 1956. "A Contribution to the Theory of Economic Growth," The Quarterly Journal of Economics, Oxford University Press, vol. 70(1), pages 65-94.
    15. James Lesage & Manfred Fischer, 2008. "Spatial Growth Regressions: Model Specification, Estimation and Interpretation," Spatial Economic Analysis, Taylor & Francis Journals, vol. 3(3), pages 275-304.
    16. Ferreira, Pedro Cavalcanti & Salvato, Márcio Antônio & Duarte, Angelo José Mont'Alverne, 2004. "Regional or educational disparities? a counterfactual exercise," FGV/EPGE Economics Working Papers (Ensaios Economicos da EPGE) 532, FGV/EPGE - Escola Brasileira de Economia e Finanças, Getulio Vargas Foundation (Brazil).
    17. Manfred Fischer, 2011. "A spatial Mankiw–Romer–Weil model: theory and evidence," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 47(2), pages 419-436, October.
    18. Henry G. Overman & Diego Puga, 2002. "Unemployment clusters across Europe's regions and countries," Economic Policy, CEPR;CES;MSH, vol. 17(34), pages 115-148, April.
    19. Magalhães, André & Hewings, Geoffrey J.D. & Azzoni, Carlos R., 2005. "Spatial Dependence and Regional Convergence in Brazil," INVESTIGACIONES REGIONALES - Journal of REGIONAL RESEARCH, Asociación Española de Ciencia Regional, issue 6, pages 5-20.
    20. Philippe De Vreyer & Gilles Spielvogel, 2005. "Spatial externalities between Brazilian municipios and their neighbours," Ibero America Institute for Econ. Research (IAI) Discussion Papers 123, Ibero-America Institute for Economic Research.
    21. Philippe Martin, 1999. "Are European regional policies delivering?," Post-Print hal-01011168, HAL.
    22. Guilherme Mendes Resende, 2011. "Multiple dimensions of regional economic growth: The Brazilian case, 1991−2000," Papers in Regional Science, Wiley Blackwell, vol. 90(3), pages 629-662, August.
    23. Tatiane Menezes & R. Silveira-Neto & Carlos Azzoni, 2012. "Demography and evolution of regional inequality," The Annals of Regional Science, Springer;Western Regional Science Association, vol. 49(3), pages 643-655, December.
    24. Raul Silveira-Neto & Carlos R. Azzoni, 2006. "Location and regional income disparity dynamics: The Brazilian case," Papers in Regional Science, Wiley Blackwell, vol. 85(4), pages 599-613, November.
    25. Gilles Duranton & Vassilis Monastiriotis, 2002. "Mind the Gaps: The Evolution of Regional Earnings Inequalities in the U.K., 1982-1997," Journal of Regional Science, Wiley Blackwell, vol. 42(2), pages 219-256.
    26. Sergio Rey & Brett Montouri, 1999. "US Regional Income Convergence: A Spatial Econometric Perspective," Regional Studies, Taylor & Francis Journals, vol. 33(2), pages 143-156.
    27. Gilberto Da Silveira Barros Neto & Luciano Nakabashi & Armando Vaz Sampaio, 2014. "Determinantes Do Capital Físico: O Papel Do Capital Humano E Da Qualidade Institucional," Anais do XLI Encontro Nacional de Economia [Proceedings of the 41st Brazilian Economics Meeting] 099, ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics].
    28. Túlio A. Cravo, 2010. "SMEs and economic growth in the Brazilian micro-regions," Papers in Regional Science, Wiley Blackwell, vol. 89(4), pages 711-734, November.
    29. Nazrul Islam, 1995. "Growth Empirics: A Panel Data Approach," The Quarterly Journal of Economics, Oxford University Press, vol. 110(4), pages 1127-1170.
    30. Bernard Fingleton & Enrique López-Bazo, 2006. "Empirical growth models with spatial effects," Papers in Regional Science, Wiley Blackwell, vol. 85(2), pages 177-198, June.
    31. Lee, Lung-fei & Yu, Jihai, 2010. "Some recent developments in spatial panel data models," Regional Science and Urban Economics, Elsevier, vol. 40(5), pages 255-271, September.
    32. repec:spo:wpecon:info:hdl:2441/9343 is not listed on IDEAS
    33. Lucas, Robert Jr., 1988. "On the mechanics of economic development," Journal of Monetary Economics, Elsevier, vol. 22(1), pages 3-42, July.
    Full references (including those not matched with items on IDEAS)

    More about this item

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:anp:en2014:164. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Rodrigo Zadra Armond). General contact details of provider: http://edirc.repec.org/data/anpecea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.