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text Baer, Werner W. Bastos, Mariana Werneck Pereira de Moraes 2011-05-07T13:47:48Z 2011-05-07T13:47:48Z 10000-01-01 1995 In this dissertation, we examine the relationship between public and private investment in Brazil in the 1955-1993 period. The public sector has always been an important agent in the Brazilian economy. However, historical observation and empirical evidence indicate that the state has lost some of its dynamic properties in the last decade. Overall, our results corroborate the long-run complementarity hypothesis for the Brazilian economy in the period in question. The provision of infrastructure capital, however, has a stronger impact than non-infrastructure investment. Hence, if public investment is used as a policy tool to encourage rapid growth of the private sector, infrastructure projects should be chosen over non-infrastructure ones. In the long-run, however, both types of investment will have a positive impact on private investment. Made available in DSpace on 2011-05-07T13:47:48Z (GMT). No. of bitstreams: 2 license.txt: 4922 bytes, checksum: 910b249b4beec47e7ab768910c8f966f (MD5) 9543527.pdf: 5474557 bytes, checksum: ef695c45e86ae02bf3414a66f4685a98 (MD5) Previous issue date: 1995 Item marked as restricted to the 'UIUC Users [automated]' Group (id=2) by Howard Ding (hding2@illinois.edu) on 2011-05-07T14:59:15Z Item is restricted indefinitely. Restriction data tranferred 2014-07-01T11:27:56-05:00 Original Data Group with Access UIUC Users [automated] Release Date: none Reason: ETDs are only available to UIUC Users without author permission ETDs are only available to UIUC Users without author permission U of I Only AAI9543527 (UMI)AAI9543527 http://hdl.handle.net/2142/22678 eng Copyright 1995 Bastos, Mariana Werneck Pereira de Moraes Economics, General Public and private investment in Brazil: Empirical evidence about complementarity Ph.D. Economics Economics University of Illinois at Urbana-Champaign Dissertation