The Brazilian per capita GDP and its Long Run Determinants: 1962-2003

Authors

  • Leonardo Bornacki de Mattos
  • Fátima Marília Andrade de Carvalho
  • Francisco Carlos Cunha Cassuce

Abstract

Abstrat: The objective of this paper was to identify the long run relationship among Brazilian per capita GDP, human capital, physical capital, and variables related to the Brazilian trade. The results indicated the existence of a long run equilibrium relationship among per capita GDP, physical capital, human capital, foreign direct investments, and openness of the Brazilian economy. Significant investments in physical capital and, especially, in education are necessary to improve the per capita income of the Brazilian population.

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Published

2009-02-12

How to Cite

MATTOS, L. B. de; CARVALHO, F. M. A. de; CASSUCE, F. C. C. The Brazilian per capita GDP and its Long Run Determinants: 1962-2003. Revista Economia Ensaios, Uberlândia, Minas Gerais, Brasil, v. 21, n. 2, 2009. Disponível em: https://seer.ufu.br/index.php/revistaeconomiaensaios/article/view/1560. Acesso em: 19 dec. 2024.

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Section

Artigos