Impacto dos investimentos do PAC em Minas Gerais: efeitos sobre crescimento e desigualdade

Edson Domingues, Aline Souza Magalhães and Weslem Rodrigues Faria
Additional contact information
Aline Souza Magalhães: Cedeplar-UFMG
Weslem Rodrigues Faria: Cedeplar-UFMG

Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais

Abstract: The Brazilian federal government has recently set out plans encompassing detailed public expenditure programs and targets on infra-structure investment (PAC, Programa de Aceleração do Crescimento). We investigate the sectoral, regional and national economic consequences of the PAC in Minas Gerais. Our modeling encompasses much detail. Firstly, we use a large-scale multi-regional CGE model of Brazil. The model is both bottom-up and top-down: bottom-up for Brazil's 27 states, and top-down for Brazil's 558 microrregions. Despite the high level of regional disaggregation, the level of sectoral disaggregation is also high, at 36 sectors. Secondly, we model the PAC in detail, considering each of the 9 sets of expenditure programs under the 2008-11 plan. We find that the PAC can have strong impacts in Minas Gerais, but can contribute to a increase in regional inequality in the state in long run.

Keywords: regional modeling; general equilibrium; infrastructure; regional inequality; Brazil (search for similar items in EconPapers)
JEL-codes: C68 R11 R13 R58 (search for similar items in EconPapers)
Pages: 35 pages
Date: 2008-10
New Economics Papers: this item is included in nep-cmp and nep-geo
References: Add references at CitEc
Citations:

Downloads: (external link)
https://www.cedeplar.ufmg.br/pesquisas/td/TD%20339.pdf (application/pdf)

Related works:
Chapter: IMPACTO DOS INVESTIMENTOS DO PAC EM MINAS GERAIS: EFEITOS SOBRE CRESCIMENTO E DESIGUALDADE (2008)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:cdp:texdis:td339

Ordering information: This working paper can be ordered from
Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil

Access Statistics for this paper

More papers in Textos para Discussão Cedeplar-UFMG from Cedeplar, Universidade Federal de Minas Gerais Cedeplar-FACE-UFMG Av. Antonio Carlos, 6627 Belo Horizonte, MG 31270-901 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Gustavo Britto ().