Data/hora: 27/07/2024 02:01:55

Provedor de dados: 	31	
País: 	United States	
Título: 	Effect of infrastructure investments on total factor productivity (TFP) in Brazilian agriculture	
Autores: 	Mendes,   Sergio Magno; Teixeira,   Erly Cardoso; Salvato,   Marcio Antonio.	
Data: 	2009-09-11	
Ano: 	2008	
Palavras-chave: 	Infrastructure investments; TFP; Agriculture; Panel data; GMM; Agricultural and Food Policy; Public Economics.	
Resumo: 	Since the 1980s, the investments in infrastructure have been significantly reduced, jeopardizing Total Factor Productivity (TFP) and competitiveness of Brazilian agriculture. The Solow growth model with panel data is used to estimate TFP. An adaptation of the Zhang and Fan (2004) model for India, using the Generalized Method of Moments (GMM), is applied to study the effects of infrastructure investments on TFP. The lack of such investments in Brazil caused the effects to be larger and with lag periods smaller than in other countries. These investments affect TFP in the first years, and the study suggests that the return occurs in the period from zero to two years. Among the analyzed infrastructure elements, investments in roads have the greatest impact on TFP, followed by research, telecommunications, irrigation and electricity.	
Tipo: 	Working or Discussion Paper	
Idioma: 	Inglês	
Identificador: 	http://purl.umn.edu/53441	
Relação: 	Universidade Federal de Vicosa,&gt;Departamento de Economia Rural&gt;Working Papers in Applied Economics

Working Papers in Applied Economics

WP - 02/2008	
Formato: 	15