INDUSTRY AND GROWTH: A PANEL DATA ANALYSIS FOR THE BRAZILIAN STATES

Authors

  • Flavio Vilela Vieira Universidade Federal de Uberlândia
    • Michele Polline Verissimo Universidade Federal de Uberlândia
      • Ana Paula Macedo de Avellar Universidade Federal de Uberlândia

        DOI:

        https://doi.org/10.22456/2176-5456.44160

        Keywords:

        Industry and economic growth, Brazilian states, Panel data analysis

        Abstract

        The main goal of this work is to develop an empirical investigation for the Brazilian States real per capita GDP growth from 1992 to 2009 using panel data and fixed/random effect and GMM estimation. The econometric results indicate the existence of a positive and significant relation for industry and manufactory industry GDP, the relative participation of the industry in the valued added, but not for the relative participation of the manufactory industry for State GDP growth. The average schooling years have a positive impact on State GDP growth and there is evidence that States with higher (lower) current and capital expenditures in average have lower (higher) GDP growth rates. Finally, State export performance and inflation are not statistically significant to explain differences in growth rates.

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        Author Biographies

        Flavio Vilela Vieira, Universidade Federal de Uberlândia

        Professor do IE-UFU

        Pesquisador PQ - CNPq

        Pesquisador PPM - FAPEMIG

        Michele Polline Verissimo, Universidade Federal de Uberlândia

        Professora do IE-UFU

        Ana Paula Macedo de Avellar, Universidade Federal de Uberlândia

        Professora do IE-UFU

        Pesquisadora PQ - CNPq

        Pesquisadora PPM - FAPEMIG

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        Published

        2016-03-02

        How to Cite

        Vieira, F. V., Verissimo, M. P., & Avellar, A. P. M. de. (2016). INDUSTRY AND GROWTH: A PANEL DATA ANALYSIS FOR THE BRAZILIAN STATES. Análise Econômica, 34(65). https://doi.org/10.22456/2176-5456.44160

        Issue

        Vol. 34 No. 65 (2016): março de 2016

        Section

        Artigos

        License

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