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Investimento, Indústria e Crescimento Econômico Brasileiro: uma Análise da Relação de Causalidade

Author

Listed:
  • Luciano Nakabashi

    (Department of Economics, Universidade Federal do Paraná)

  • Fábio Dória Scatolin

    (Department of Economics, Universidade Federal do Paraná)

  • Marcio José Vargas da Cruz

    (Department of Economics, Universidade Federal do Paraná)

Abstract

In 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.

Suggested Citation

  • Luciano Nakabashi & Fábio Dória Scatolin & Marcio José Vargas da Cruz, 2007. "Investimento, Indústria e Crescimento Econômico Brasileiro: uma Análise da Relação de Causalidade," Working Papers 0062, Universidade Federal do Paraná, Department of Economics.
    • Handle: RePEc:fup:wpaper:0062
    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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    More about this item

    Keywords

    economic growth; industry; Granger causality test;
    All these keywords.

    JEL classification:

    • C22 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models; Diffusion Processes
    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology

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