Investimento em infraestrutura logística, comércio internacional e crescimento econômico de longo prazo: uma análise a partir de simulações computacionais

Matheus Silva de Paiva (), Guilherme Jonas C. da Silva () and Júlio Fernando Costa Santos ()
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Matheus Silva de Paiva: UNB
Guilherme Jonas C. da Silva: UFU
Júlio Fernando Costa Santos: UFU

REOESTE - Revista de Economia do Centro-Oeste, 2015, vol. 1, issue 2, 7086

Abstract: The study aims to develop a model of economic growth compatible with Thirlwall's Law (1979). The model originally developed by Thirlwall disregards the lack of infrastructure as a limiting factor to the flow of trade and therefore economic growth. The hypothesis of this study is that the continuous public investment in transport infrastructure is crucial for sustained growth. Thus, we intend to move forward in the theoretical debate introducing the infrastructure gap in the original model. Also, we made numeric simulations in order to test the validity of "Thirlwall's Law" as well as identify the impacts of public investment in infrastructure over the long-term growth, in order to propose economic policies to improve the foreign Brazilian trade.

Keywords: Computer Simulation; Logistics Infrastructure; Economic Growth (search for similar items in EconPapers)
JEL-codes: C63 H54 J40 (search for similar items in EconPapers)
Date: 2015
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