Regional growth and SMEs in Brazil: A spatial panel approach.

Cravo, T.; Becker, B; Gourlay, A.

Abstract

This paper examines economic growth for a panel of 508 Brazilian micro-regions for the period 1980–2004, using spatial econometrics and paying particular attention to the importance of small and medium-sized enterprises (SMEs). The findings indicate the presence of spatial dependence in the process of economic growth and the existence of two spatial regimes in Brazil. The human capital level of the whole population is an important growth determinant, but does not generate positive spillovers. Furthermore, human capital embodied in SMEs is more important than the size of this sector for regional growth and SME activity generates positive spatial spillovers.

Citation

Cravo, T., Becker, B., & Gourlay, A. (2015). Regional growth and SMEs in Brazil: A spatial panel approach. Regional Studies, 49(12),

• Journal Article Type: Article
• Acceptance Date: Jan 2, 2014
• Online Publication Date: Mar 21, 2014
• Publication Date: 2015
• Deposit Date: Oct 21, 2021
• Journal: Regional Studies
• Print ISSN: 0034-3404
• Publisher: Taylor and Francis Group
• Peer Reviewed: Peer Reviewed
• Volume: 49
• Issue: 12
• Public URL: https://durham-repository.worktribe.com/output/1228854