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Physical and Human Capital and Brazilian Regional Growth: A Spatial Econometric Approach for the Period 1970–2010
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.
Physical and Human Capital and Brazilian Regional Growth: A Spatial Econometric Approach for the Period 1970–2010
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.
Physical and Human Capital and Brazilian Regional Growth: A Spatial Econometric Approach for the Period 1970–2010
Lima, Ricardo Carvalho De Andrade (author) / Silveira Neto, Raul Da Mota (author)
Regional Studies ; 50 ; 1688-1701
2016-10-02
14 pages
Article (Journal)
Electronic Resource
English
Brazil , Economic growth , Spatial spillovers , Spatial panel , Income convergence , 巴西 , 经济成长 , 空间外溢 , 空间面板 , 所得收敛 , Brésil , Croissance économique , Retombées spatiales , Panel spatial , Convergence des revenus , Brasilien , Wirtschaftswachstum , Räumliche Übertragungseffekte , Räumliches Panel , Einkommenskonvergenz , Brasil , Crecimiento económico , Efectos indirectos espaciales , Panel espacial , Convergencia de rentas , C23 , O47 , R11
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