Brazilian Business Cycles and Growth from 1850 to 2000

Eurilton Araújo, Luciane Carpena and Alexandre Barros da Cunha ()
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Eurilton Araújo: IBMEC Business School - São Paulo
Luciane Carpena: BNDES and IBMEC Business School - Rio de Janeiro

No 2005-05, IBMEC RJ Economics Discussion Papers from Economics Research Group, IBMEC Business School - Rio de Janeiro

Abstract: We studied the cyclical and growth properties of Brazilian per capita output from 1850 to 2000. Contrary to the experience of some developed countries, we did not find large changes in the volatility of per capita output. However, we obtained evidence that the oscillations in economic activity became more persistent after World War II.

Keywords: Brazilian per capita GDP; business cycles; growth (search for similar items in EconPapers)
JEL-codes: C22 E32 N10 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-mac
Date: Written
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Working Paper: BRAZILIAN BUSINESS CYCLES AND GROWTH FROM 1850 TO 2000 (2005)
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Persistent link: http://EconPapers.repec.org/RePEc:ibr:dpaper:2005-05

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