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Faculdade de economia, administração e contabilidade departamento de economia programa de pós graduação em teoria econômica aglomeração e desenvolvimento: evidências para municípios brasileiros
Daniel Silva Junior,Carlos de Paula Eduardo,Soares Gonçalves,São Paulo +3 more
- 01 Jan 2007
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TL;DR: In this paper, the authors investigated the impact of agglomeration economies on economic performance of Brazilian municipalities between 1970 and 2000 and found evidence of positive spatial externalities and educational spillovers coming from neighboring areas.
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Abstract: This paper investigates the impact of agglomeration economies on economic performance of Brazilian municipalities between 1970 and 2000. In order to achieve that, we estimate growth equations adopting standard spatial econometric models. The results indicate that agglomeration has positive impacts on economic development without clear indication of congestion effects. Moreover, we also found evidence of positive spatial externalities and educational spillovers coming from neighboring areas. The results reinforce the need for considering spatial effects when aiming to understand the economic development in Brazil.
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