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Radical uncertainty and the effect of transport infrastructure on land prices 根本的不确定性和运输基础设施对土地价格的影响
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-07-01 DOI: 10.1590/0101-31572023-3374
Nestor Garza Puentes, Jenifer Garza
{"title":"Radical uncertainty and the effect of transport infrastructure on land prices","authors":"Nestor Garza Puentes, Jenifer Garza","doi":"10.1590/0101-31572023-3374","DOIUrl":"https://doi.org/10.1590/0101-31572023-3374","url":null,"abstract":"ABSTRACT Most contributions in the academic literature identify a positive effect of transport infrastructure on land prices. However, their short-run dynamics has not been routinely analyzed. One of the reasons for this lack of research is because neoclassical urban land economics models underlie, in some cases implicitly, most of the available literature on the topic. In this theory, land values converge to their long-term trends regardless of short-term shocks. We build upon post-Keynesian monetary circuit theory to design a spatial urban economics testing framework, building upon the contributions of Abramo (2011) and Alfonso (2007, 2017). In this tradition, short-term shocks have long-term effects on the spatial distribution of land values due to radical uncertainty. Our case study is Transmetro, a Bus Rapid Transit (BRT) project in Barranquilla (Colombia). We use static and dynamic panel-estimation to test the short-run dynamics of spatial land price adjustments during 2000-2010, including the construction and delivery years 2006-2010. This case study offers a good assessment opportunity because of featuring prominent problems and delays. We find volatile short-run adjustments that run counter to neoclassical predictions, while resembling spatial land price adjustments exposed to radical uncertainty.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"48062414","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Sectoral deindustrialization and long-run stagnation of Brazilian manufacturing 部门去工业化与巴西制造业的长期停滞
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3340
P. Morceiro, J. Guilhoto
{"title":"Sectoral deindustrialization and long-run stagnation of Brazilian manufacturing","authors":"P. Morceiro, J. Guilhoto","doi":"10.1590/0101-31572023-3340","DOIUrl":"https://doi.org/10.1590/0101-31572023-3340","url":null,"abstract":"ABSTRACT In Brazil and elsewhere in the world, diagnoses of deindustrialization are concentrated in aggregate manufacturing, so policies can be ineffective if deindustrialization has a sector-specific component. This study quantifies and analyses deindustrialization for the individualised manufacturing sub-sectors. To do this, unpublished series of the manufacturing sub-sectors’ share in the Brazilian GDP from 1970 to 2016 were created, based on official IBGE data. The results show that the manufacturing sub-sectors have deindustrialised at different intensities and periods of aggregate manufacturing, and a sub-sectoral approach reveals traces ignored by the literature on the quality of deindustrialization. We conclude that the Brazilian deindustrialization is normal (and expected) for the labour-intensive manufacturing sub-sectors, but premature (and undesirable) for the technology-intensive sub-sectors. Therefore, Brazilian deindustrialization has negative consequences for the country’s future scientific and technological development.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46303592","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 4
Mexico: the Great Depression and the Coronacrisis, 1929 and 2020 墨西哥：1929年和2020年的大萧条和冠状病毒病
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3388
Eduardo Loría
{"title":"Mexico: the Great Depression and the Coronacrisis, 1929 and 2020","authors":"Eduardo Loría","doi":"10.1590/0101-31572023-3388","DOIUrl":"https://doi.org/10.1590/0101-31572023-3388","url":null,"abstract":"ABSTRACT By contrasting the Great Depression and the Coronacrisis, we demonstrate that narrative economics (Shiller, 2017) is key in the analysis of economic fluctuations. We note the importance of the populist narrative to understand the economic and health outcomes of the Coronacrisis in Mexico and highlight the role of the predominance of different economic paradigms in economic policy decision-making. We suggest that, just as in 1929, by following orthodox primary fiscal balance sheet policies at the cost of contracting government investment, the Mexican economy will undergo a long and painful recovery process compared to its global peers.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41619412","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The prosperous decade of 2004-2013 and new developmentalism 2004-2013繁荣十年与新发展主义
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3454
D. Fiocca
{"title":"The prosperous decade of 2004-2013 and new developmentalism","authors":"D. Fiocca","doi":"10.1590/0101-31572023-3454","DOIUrl":"https://doi.org/10.1590/0101-31572023-3454","url":null,"abstract":"ABSTRACT Since the 1990s, three different phases marked the Brazilian economy: a 13 year long “quasi-stagnation” (1991-2003); a decade of prosperity (2004-2013); and an 8 year period of economic decline (2014-2021). Leading new developmentalist authors identify policies introduced in the 1990s as causes of slower economic growth. This article argues that, even if that hypothesis is correct, it is still inadequate to treat the last 30 years as a single economic phase. We then compare policies implemented in 2004-2013 with developmentalist recommendations, concluding that most of them are compatible. Finally, the article highlights changes in the international and Brazilian contexts between the 1970s and the present, which reinforce the importance of analyzing the most recent growth experience.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45300528","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Green economy and green jobs: a multisectoral analysis by means of Spain’s social accounting matrix 绿色经济与绿色就业:基于西班牙社会核算矩阵的多部门分析
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3380
Omar Chabán-García, Antonio Luis Hidalgo-Capitán
{"title":"Green economy and green jobs: a multisectoral analysis by means of Spain’s social accounting matrix","authors":"Omar Chabán-García, Antonio Luis Hidalgo-Capitán","doi":"10.1590/0101-31572023-3380","DOIUrl":"https://doi.org/10.1590/0101-31572023-3380","url":null,"abstract":"ABSTRACT During the last decades the green economy has been proposed from different international organizations as an economic model for the 21st century that gravitates around respecting the environment. This paper tries to identify, with criteria of economic efficiency (high economic impact) and social efficiency (high impact on job creation, green jobs), the “potentially green sectors” that can be stimulated by a national strategy to develop a green economy in Spain. For this, we will use the Social Accounting Matrix of Spain 2010, identifying, by means of the normalized absorption and diffusion coefficients and by means of employment multipliers, the key, drivers and with greater capacity for job creation sectors from a group of ten sectors that we have identified as “potentially green sectors”.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":"260 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135773041","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Identificando a discriminação racial pelo diferencial de desempenho dos estudantes do Ensino Médio 通过高中生的表现差异来识别种族歧视
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3326
Diego Carneiro, M. Shirasu, Guilherme Irffi
{"title":"Identificando a discriminação racial pelo diferencial de desempenho dos estudantes do Ensino Médio","authors":"Diego Carneiro, M. Shirasu, Guilherme Irffi","doi":"10.1590/0101-31572023-3326","DOIUrl":"https://doi.org/10.1590/0101-31572023-3326","url":null,"abstract":"RESUMO O Brasil é marcado pela elevada desigualdade social, onde condições iniciais têm impacto determinante na trajetória dos indivíduos. Nesse contexto, os indivíduos negros encontram-se em dupla desvantagem, por seu menor nível de renda e a baixa expectativa quanto ao desenvolvimento de suas potencialidades. Este artigo empregou o método de Oaxaca-Blinder (1973) para decompor a diferença de desempenho entre alunos brancos e negros no SAEB 2017, identificando a parte que não pode ser atribuída às suas características. Os resultados mostraram que esse componente representa cerca de 43% dessa diferença, e que existe menor resposta dos alunos negros às melhorias nas condições educacionais.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"41940921","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Institucionalismo e suas relações com o desenvolvimentismo: Passado, presente e futuro 制度主义及其与发展主义的关系：过去、现在和未来
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3346
I. G. Riedo, Manoel João Ramos, F. Gubert, A. Feiden
{"title":"Institucionalismo e suas relações com o desenvolvimentismo: Passado, presente e futuro","authors":"I. G. Riedo, Manoel João Ramos, F. Gubert, A. Feiden","doi":"10.1590/0101-31572023-3346","DOIUrl":"https://doi.org/10.1590/0101-31572023-3346","url":null,"abstract":"RESUMO Esta pesquisa analisa teoricamente o papel das instituições para o desenvolvimento organizacional baseado na teoria desenvolvimentista e institucional, emergindo questões relevantes, como: Quais foram os marcos conceituais do desenvolvimento institucional? Como as instituições participaram da evolução econômica? Como ocorre o desenvolvimento institucional na América Latina? Qual o modelo desenvolvimentista para o futuro? Entretanto, não pretende defender ideologias políticas, sociais e/ou econômicas, mas debater questões construtivas para o desenvolvimento sustentável. Neste aspecto, a pesquisa revela não bastar políticas passivas de funcionamento mercadológico e programas de investimentos públicos segmentados, mas uma atuação estratégica e cooperativa entre Indústria-Governo-Universidade em prol do desenvolvimento sustentável.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"46858937","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The effects of multidimensional well-being growth on poverty and inequality in Brazil over the periods of 2004-2008 and 2016-2019 2004-2008年和2016-2019年期间巴西多维福祉增长对贫困和不平等的影响
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3428
OTAVIO JUNIO FARIA NEVES, ANA MÁRCIA RODRIGUES DA SILVA
{"title":"The effects of multidimensional well-being growth on poverty and inequality in Brazil over the periods of 2004-2008 and 2016-2019","authors":"OTAVIO JUNIO FARIA NEVES, ANA MÁRCIA RODRIGUES DA SILVA","doi":"10.1590/0101-31572023-3428","DOIUrl":"https://doi.org/10.1590/0101-31572023-3428","url":null,"abstract":"ABSTRACT This study aims to analyze the effects of multidimensional well-being growth on poverty and inequality in Brazil over the periods of 2004-2008 and 2016-2019. Empirically, the methodologies of Kakwani and Pernia (2000), Kakwani, Khandker, and Son (2004), and Shapley’s decomposition are used. The results have demonstrated that a decrease in multidimensional poverty happened between 2004 and 2008, and an increase happened between 2016 and -2019. The growth in multidimensional well-being in the second period has been anti-poor. With the decomposition, it was found that while multidimensional well-being growth contributed to poverty reduction between 2004 and2008, between 2016 and 2019 the concentration contributed to an increase in poverty.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":"4 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"135772890","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
O financiamento do SUS no enfrentamento da pandemia de Covid-19 资助SUS应对新冠肺炎大流行
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3430
Rosa Maria Marques, Mariana Ribeiro Jansen Ferreira
{"title":"O financiamento do SUS no enfrentamento da pandemia de Covid-19","authors":"Rosa Maria Marques, Mariana Ribeiro Jansen Ferreira","doi":"10.1590/0101-31572023-3430","DOIUrl":"https://doi.org/10.1590/0101-31572023-3430","url":null,"abstract":"RESUMO O Sistema Único de Saúde (SUS), desde sua criação em 1988, tem um histórico de recursos insuficientes que permitam efetivamente garantir a universalidade e a integralidade do cuidado. Seu subfinanciamento, derivado da ausência de apoio de parte da sociedade e de políticas neoliberais assumidas por diversos governos nos anos 1990 e 2000, transformou--se em um efetivo desfinanciamento a partir da aprovação do “teto de gastos”, em 2016, agravando as dificuldades estruturais do sistema. A pandemia de Covid-19 gerou uma necessidade preeminente de ampliação da capacidade de atendimento do sistema público de saúde e, com isso, os recursos para o SUS foram ampliados. Essa maior disponibilidade financeira, porém, foi fruto de medidas extraordinárias e ficou restrita aos anos de 2020 e 2021. O orçamento ordinário destinado à saúde nesses anos e a LOA de 2022 explicitam que o desfinanciamento se mantém e que a pandemia não gerou priorização da saúde da população brasileira no interior do orçamento federal.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"45788910","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The theory of inertial inflation: a brief history 惯性暴胀理论:简史
Revista de Economia Politica/Brazilian Journal of Political Economy Pub Date : 2023-04-01 DOI: 10.1590/0101-31572023-3433
Luiz Carlos Bresser-Pereira
{"title":"The theory of inertial inflation: a brief history","authors":"Luiz Carlos Bresser-Pereira","doi":"10.1590/0101-31572023-3433","DOIUrl":"https://doi.org/10.1590/0101-31572023-3433","url":null,"abstract":"ABSTRACT This paper is the history of how the theory of inertial inflation was developed in Brazil in the early 1980s, when inflation was very high, much higher than the stagflation that happened in the United States in the previous decade. Perhaps this fact explains why the theory was formulated in Brazil and not in the United States. The main papers and the book that defined the new theory are duly referred. And the author, that in the 1980s and 1990s was a political actor, also tells the history of the application of the theory, the failures and successes.","PeriodicalId":35163,"journal":{"name":"Revista de Economia Politica/Brazilian Journal of Political Economy","volume":" ","pages":""},"PeriodicalIF":0.0,"publicationDate":"2023-04-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"44784922","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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