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

Luciano Nakabashi (), Fábio Scatolin () and Marcio José Vargas Cruz
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Fábio Scatolin: Department of Economics, Universidade Federal do Paraná
Authors registered in the RePEc Author Service: Marco Crocco ()

No 62, Working Papers from Universidade Federal do Paraná, Department of Economics

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.

Keywords: economic growth; industry; Granger causality test (search for similar items in EconPapers)
JEL-codes: C22 L16 L60 O14 (search for similar items in EconPapers)
Date: 2007
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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Persistent link: http://EconPapers.repec.org/RePEc:fup:wpaper:0062

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