Economic growth saw investments in capital: evidence empiricists for Brazil / Crescimento econÃmico via investimentos em capital: evidencias empÃricas para o Brasil
AUTOR(ES)
Christiano Modesto Penna
DATA DE PUBLICAÇÃO
2007
RESUMO
In this work it is evident that a not linear relation exists enters the tax of rude formation of capital fixture and the tax of economic growth in Brazilian economy e, which had to this non linearity, the test of predictions of model AK and neoclÃssico considered for Jones (1995) starts to be inconclusivo, therefore exists space for the predictions of both the models. Our econometrical model indicates that, theoretically, the productivity delinquent of the capital if modifies a tax of growth in accordance with indicated for the parameter threshold. This modification can pparently be explained due to modification of the coefficient of elasticity of substitution between capital and work, being here a proposal of new inquiries. When dealing with public politics, one evidences that, no matter how hard if extends the tax of rude formation of capital fixture will arrive, in the maximum, to âcatch-upâ of the growth of the GIP of the economies of average income decrease and of the economic growth of the countries of the Asian east and the Pacific. The work also suggests that the sum of resources necessary to conclude such âcatch-upsâ is of the order of R$ 786 billion.
ASSUNTO(S)
model ak taxa de investimento economia crescimento economico modelo ak endogenous model modelo endÃgeno economic growth investment tax
ACESSO AO ARTIGO
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