Relação entre mercado de terras, crescimento econômico e insegurança fundiaria explicada por um modelo a geração imbricada - Archive ouverte HAL Accéder directement au contenu
Article Dans Une Revue Revista de Economia Política Année : 2006

Relação entre mercado de terras, crescimento econômico e insegurança fundiaria explicada por um modelo a geração imbricada

Résumé

The aim of this paper is to analyse the relationship between the land market failures and the economic growth in Brazil. We use an overlapping model including two sectors, agricultural and industrial. The land is both a specific factor for agriculture and an asset that can be substituted to the capital used in the industry. The trade-off between land and capital holding depends, among other factors, on the transaction costs on the land market. These costs result from land insecurity and generate a decrease in the land price that favours capital accumulation. Two restrictions follow from our model : land insecurity has a negative effect on land price, and a positive effect on economic growth. These two restrictions are tested on panel data for the 27 Brazilian states. The econometric results do not reject our hypothesis.
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Dates et versions

hal-00116713 , version 1 (27-11-2006)

Identifiants

  • HAL Id : hal-00116713 , version 1

Citer

Claudio Araujo, Catherine Araujo Bonjean, Jean-Louis Combes, Pascale Combes Motel. Relação entre mercado de terras, crescimento econômico e insegurança fundiaria explicada por um modelo a geração imbricada. Revista de Economia Política, 2006, vol. 26, n° 4 (104), pp.575-595. ⟨hal-00116713⟩
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