| Journal: | Revista de economia politica |
| Database: | CLASE |
| System number: | 000280381 |
| ISSN: | 0101-3157 |
| Authors: | Araujo, Claudio1 Bonjean, Catherine Araujo1 Combes, Jean-Louis1 Motel, Pascale Combes1 |
| Institutions: | 1Universite d'Auvergne, Centre d'Etudes et de Recherches sur le Developpement International, Clermont-Ferrand, Puy-de-Dome. Francia |
| Year: | 2006 |
| Season: | Oct-Dic |
| Volumen: | 26 |
| Number: | 4 |
| Pages: | 575-595 |
| Country: | Brasil |
| Language: | Portugués |
| Document type: | Artículo |
| Approach: | Analítico |
| English abstract | In this paper, we analyze the relationship between the land market failures and the economic growth in Brazil, starting from 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 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 favors capital accumulation. Two assumptions follow from our model: one the one hand, land insecurity has a negative effect on the land price; one the other hand it has a positive effect on economic growth. These two hypotheses are tested on panel data for Brazilian Federation. The econometric results do not reject our hypothesis |
| Disciplines: | Economía |
| Keyword: | Economía agrícola, Brasil, Tenencia de la tierra, Crecimiento económico, Economía nacional, Seguridad jurídica, Impacto económico |
| Full text: | Texto completo (Ver HTML) |
