cometadata/datacite-titles-descriptions-related-identifiers huggingface dataset:
DOI: 10.6084/m9.figshare.19964797.v1
title: The unexplored influences of modern physics on John R. Commons’ economic theory

description: ABSTRACT Previous works of John R. Commons’ interpreters have emphasized the influence of numerous theoretical-methodological references (e.g., pragmatism, evolutionism, etc.) in shaping his economic thought. However, almost no mention is made of the influence of particle and relativity physics, which, as we debate, provide sources of insights to his work. This paper explores these connections by showing that John R. Commons was not only interested in the advances of that science but was also inspired by them to produce parallels and analogies that allowed his theory to escape the pitfalls of individualism and determinism while incorporating time and space in an innovative way in the economic discourse.
DOI: 10.6084/m9.figshare.19964801.v1
title: The resistance of the four European worlds of welfare from the birth of the euro

description: ABSTRACT This article compares parliamentary preferences on welfare expenditure in Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Sweden, and the United Kingdom between 1996 and 2013. The analysis is focused on the relationship between the type of welfare regime and the programmatic offer on the volume of social spending. Two indexes were calculated: social spending and social retrenchment. Upon emergence from the recession, an increasingly homogeneous conception is detected of social policies as being subordinated to economic policies; convergence has occurred within each of the worlds of welfare, maintaining the variation among them found prior to the Crisis.
DOI: 10.6084/m9.figshare.19964801
title: The resistance of the four European worlds of welfare from the birth of the euro

description: ABSTRACT This article compares parliamentary preferences on welfare expenditure in Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Luxembourg, Netherlands, Portugal, Sweden, and the United Kingdom between 1996 and 2013. The analysis is focused on the relationship between the type of welfare regime and the programmatic offer on the volume of social spending. Two indexes were calculated: social spending and social retrenchment. Upon emergence from the recession, an increasingly homogeneous conception is detected of social policies as being subordinated to economic policies; convergence has occurred within each of the worlds of welfare, maintaining the variation among them found prior to the Crisis.
DOI: 10.6084/m9.figshare.19964803.v1
title: Performance of clean development mechanism projects for sustainable development in Brazil

description: ABSTRACT This paper analyzed, for the Brazilian case, the Clean Development Mechanism (CDM). The concept of negative externality and market failure was used to understand the need for environmental policies capable of favoring the sustainable development of countries. The results show the importance of scale for the registration of projects. The energy sector, for example, has more small-scale projects that were created to simplify procedures and lower costs. It was concluded, in general, that the CDM has become an international historical landmark, as it is an innovative tool in contributing to the mitigation of climate change. However, despite its importance being recognized globally, it was observed that the mechanism has weakened over time and there are uncertainties regarding the validity of the Kyoto Protocol.
DOI: 10.6084/m9.figshare.19964803
title: Performance of clean development mechanism projects for sustainable development in Brazil

description: ABSTRACT This paper analyzed, for the Brazilian case, the Clean Development Mechanism (CDM). The concept of negative externality and market failure was used to understand the need for environmental policies capable of favoring the sustainable development of countries. The results show the importance of scale for the registration of projects. The energy sector, for example, has more small-scale projects that were created to simplify procedures and lower costs. It was concluded, in general, that the CDM has become an international historical landmark, as it is an innovative tool in contributing to the mitigation of climate change. However, despite its importance being recognized globally, it was observed that the mechanism has weakened over time and there are uncertainties regarding the validity of the Kyoto Protocol.
DOI: 10.6084/m9.figshare.19964822
title: The conceptual evolution of inequality and poverty in economic thought

description: ABSTRACT This is a historical reading of economic ideas about the problem of inequality and poverty. Based on the reflections of David Ricardo, the trajectory of economists’ concerns with the topic is explored, in an attempt to demarcate the phases in which the profession’s attention focused on one aspect of the problem of social justice, as well as its causes. and its effects on the behavior of individuals and the economy. In particular, attention is paid to the sensitivity of the research agenda to the various historical contexts, as well as to methodological and technological innovations. The research agenda is predominantly marked by a focus on functional income distribution until the 1980s, when poverty became the center of attention, motivating the development of methods of personal income distribution (size distribution). It offers a panoramic and non-linear reinterpretation of economic ideas about inequality and poverty, a theme that has been gaining increasing importance in the analytical developments of the economy in the last 15 years, in which the problem of concentration of wealth has gained more elaborate outlines, opening a new front of investigations on social justice and the role of public policy.
DOI: 10.6084/m9.figshare.19964822.v1
title: The conceptual evolution of inequality and poverty in economic thought

description: ABSTRACT This is a historical reading of economic ideas about the problem of inequality and poverty. Based on the reflections of David Ricardo, the trajectory of economists’ concerns with the topic is explored, in an attempt to demarcate the phases in which the profession’s attention focused on one aspect of the problem of social justice, as well as its causes. and its effects on the behavior of individuals and the economy. In particular, attention is paid to the sensitivity of the research agenda to the various historical contexts, as well as to methodological and technological innovations. The research agenda is predominantly marked by a focus on functional income distribution until the 1980s, when poverty became the center of attention, motivating the development of methods of personal income distribution (size distribution). It offers a panoramic and non-linear reinterpretation of economic ideas about inequality and poverty, a theme that has been gaining increasing importance in the analytical developments of the economy in the last 15 years, in which the problem of concentration of wealth has gained more elaborate outlines, opening a new front of investigations on social justice and the role of public policy.
DOI: 10.6084/m9.figshare.19964824
title: National policy space: reframing the political economy of globalization and its implications for national sovereignty and democracy

description: ABSTRACT This paper critiques the trilemma framing of the political economy of globalization, and offers an alternative framing based on the construction of national policy space. The paper makes three main contributions. First, building on Stein (2016), it deconstructs the categories used by Rodrik (2011) and introduces distinctions between the “degree”, “type”, and “dimensions” of globalization; “effective” versus “formal” national sovereignty; “content” versus “process” of democracy; and “national” versus “global” democracy. The deconstruction shows countries face choices involving a series of margins, not a trilemma. Second, that suggests reframing the problematic in terms of national policy space, which is the “funnel” through which globalization impacts democracy and national sovereignty. Third, the paper shows a country can be impacted by globalization even if it does nothing because other countries’ actions change its possibility set. The reframing shows globalization is an intrinsically political project. To the extent it is now driving a nationalistic anti-democratic turn in politics, responsibility lies with political elites.
DOI: 10.6084/m9.figshare.19964824.v1
title: National policy space: reframing the political economy of globalization and its implications for national sovereignty and democracy

description: ABSTRACT This paper critiques the trilemma framing of the political economy of globalization, and offers an alternative framing based on the construction of national policy space. The paper makes three main contributions. First, building on Stein (2016), it deconstructs the categories used by Rodrik (2011) and introduces distinctions between the “degree”, “type”, and “dimensions” of globalization; “effective” versus “formal” national sovereignty; “content” versus “process” of democracy; and “national” versus “global” democracy. The deconstruction shows countries face choices involving a series of margins, not a trilemma. Second, that suggests reframing the problematic in terms of national policy space, which is the “funnel” through which globalization impacts democracy and national sovereignty. Third, the paper shows a country can be impacted by globalization even if it does nothing because other countries’ actions change its possibility set. The reframing shows globalization is an intrinsically political project. To the extent it is now driving a nationalistic anti-democratic turn in politics, responsibility lies with political elites.
DOI: 10.6084/m9.figshare.19964825.v1
title: Business cycles fluctuations and commodities prices: evidence for Brazil

description: ABSTRACT This paper aims at evaluating macroeconomic impacts of commodities prices’ shocks on the Brazilian economy during the 2000s. The econometric methodologies employed allowed to identify three regimes of high and three of low behavior in those prices, all of them presenting the expected effects of stimulating the level of activities, at times when external price shocks are favorable; and the reverse, when price shocks were negative. The decomposition exercises made it possible to isolate the effects of commodities shocks from the other potential determinants of the level of activities. Thus, it was possible to verify that in the most recent upward cycle, starting in 2016, the recovery in commodities prices has not been able to compensate for the other domestic (or external) factors that, for the moment, block a more robust economic recovery
DOI: 10.6084/m9.figshare.19964825
title: Business cycles fluctuations and commodities prices: evidence for Brazil

description: ABSTRACT This paper aims at evaluating macroeconomic impacts of commodities prices’ shocks on the Brazilian economy during the 2000s. The econometric methodologies employed allowed to identify three regimes of high and three of low behavior in those prices, all of them presenting the expected effects of stimulating the level of activities, at times when external price shocks are favorable; and the reverse, when price shocks were negative. The decomposition exercises made it possible to isolate the effects of commodities shocks from the other potential determinants of the level of activities. Thus, it was possible to verify that in the most recent upward cycle, starting in 2016, the recovery in commodities prices has not been able to compensate for the other domestic (or external) factors that, for the moment, block a more robust economic recovery
DOI: 10.6084/m9.figshare.19964828.v1
title: Legalization of drugs and strategic behaviour

description: ABSTRACT The growing number of users, about 250 million, in 2016, and the sheer number of health problems, that cause 190,000 deaths per year, are just some of the data that has rekindled the debate and discussion into the efficiency of the prohibitionist drug policies concerning drug consumption throughout the world. As a result, there has been the establishment of a special branch of literature focused on the investigation into this theme. In this regard, the present article conducts an economic analysis of scenarios where there is no decriminalization of drugs and other areas where legalization has been partial (marijuana) or complete, based on Game Theory. Thus, different from other studies, this paper establishes conditions of compatibility of incentives so that the economy could become formal, after decriminalization, to avoid contraband under a legal guise. This paper also manages to show which situation (Nash equilibrium) provides the greatest well-being for society.
DOI: 10.6084/m9.figshare.19964828
title: Legalization of drugs and strategic behaviour

description: ABSTRACT The growing number of users, about 250 million, in 2016, and the sheer number of health problems, that cause 190,000 deaths per year, are just some of the data that has rekindled the debate and discussion into the efficiency of the prohibitionist drug policies concerning drug consumption throughout the world. As a result, there has been the establishment of a special branch of literature focused on the investigation into this theme. In this regard, the present article conducts an economic analysis of scenarios where there is no decriminalization of drugs and other areas where legalization has been partial (marijuana) or complete, based on Game Theory. Thus, different from other studies, this paper establishes conditions of compatibility of incentives so that the economy could become formal, after decriminalization, to avoid contraband under a legal guise. This paper also manages to show which situation (Nash equilibrium) provides the greatest well-being for society.
DOI: 10.6084/m9.figshare.19964830.v1
title: PEC 32 of Administrative Reform: A critical analysis

description: ABSTRACT This article aims to make a critical analysis of the proposal for administrative reform presented by PEC 32/2020. As we will argue, the proposal does not solve any of the distortions that are willing to eliminate, weakens the power of intervention of the Brazilian State over the economic system, decreases the autonomy of public servants and discourages the hiring of qualified and motivated civil servants, having as probable consequence the reduction of the supply and quality of public services. Thus, the result of administrative reform is the weakening of the State of Social Welfare in Brazil.
DOI: 10.6084/m9.figshare.19964830
title: PEC 32 of Administrative Reform: A critical analysis

description: ABSTRACT This article aims to make a critical analysis of the proposal for administrative reform presented by PEC 32/2020. As we will argue, the proposal does not solve any of the distortions that are willing to eliminate, weakens the power of intervention of the Brazilian State over the economic system, decreases the autonomy of public servants and discourages the hiring of qualified and motivated civil servants, having as probable consequence the reduction of the supply and quality of public services. Thus, the result of administrative reform is the weakening of the State of Social Welfare in Brazil.
DOI: 10.6084/m9.figshare.19964831
title: Credit constraints and structure: a theoretical model of extractivism and slow-growth dynamics

description: ABSTRACT We develop a theoretical model that explains the relationship between credit constraints and economic growth in the context of a three-sector economy, including an “extractive” sector. The model belongs in the structuralist tradition and it is inspired by the Colombian economy. In contrast to neoclassic development economics models, we prove that: 1) relaxing the credit crunch would foster formal sector growth but it may nevertheless not imply formal employment growth; and 2) the economy can converge to a pattern where the extractive sector increases while the formal one shrinks.
DOI: 10.6084/m9.figshare.19964831.v1
title: Credit constraints and structure: a theoretical model of extractivism and slow-growth dynamics

description: ABSTRACT We develop a theoretical model that explains the relationship between credit constraints and economic growth in the context of a three-sector economy, including an “extractive” sector. The model belongs in the structuralist tradition and it is inspired by the Colombian economy. In contrast to neoclassic development economics models, we prove that: 1) relaxing the credit crunch would foster formal sector growth but it may nevertheless not imply formal employment growth; and 2) the economy can converge to a pattern where the extractive sector increases while the formal one shrinks.
DOI: 10.6084/m9.figshare.19964833
title: The political economy of the Workers’ Assitance Fund: an analysis of its recent performance (2005-2018)

description: ABSTRACT This study analyzed the political and economic factors that conditioned the recent evolution of the public employment system in Brazil, focusing on the operational mechanisms of the Workers’ Assistance Fund (FAT). Based on the accounting information of the annual periods, it was found that such financing arrangement has shown signs of fragility, with a reduction in the capacity to cover all of its current expenses. However, the imbalances are largely explained by economic policy decisions that have caused significant leaks in recent years, especially budget disengagement and tax relief.
DOI: 10.6084/m9.figshare.19964833.v1
title: The political economy of the Workers’ Assitance Fund: an analysis of its recent performance (2005-2018)

description: ABSTRACT This study analyzed the political and economic factors that conditioned the recent evolution of the public employment system in Brazil, focusing on the operational mechanisms of the Workers’ Assistance Fund (FAT). Based on the accounting information of the annual periods, it was found that such financing arrangement has shown signs of fragility, with a reduction in the capacity to cover all of its current expenses. However, the imbalances are largely explained by economic policy decisions that have caused significant leaks in recent years, especially budget disengagement and tax relief.
DOI: 10.6084/m9.figshare.19964834.v1
title: The unfounded enthusiasm towards private participation in infrastructure

description: ABSTRACT Despite the widespread enthusiasm for private participation in the provision of infrastructure, international assessments of its results are rare and inconclusive. Audit offices are generally skeptical of their superiority, multilateral institutions have been cautious, and the population is critical in many countries. I show these frustrating results are associated with the extraordinary profits and slow progress of productivity derived from reduced competition and ineffective regulation common in the sector, and point out reasons that explain this situation. I argue that enthusiasm is theoretically and empirically unfounded, and that on the ideological acceptance of two crucial, highly questionable hypotheses.
DOI: 10.6084/m9.figshare.19964834
title: The unfounded enthusiasm towards private participation in infrastructure

description: ABSTRACT Despite the widespread enthusiasm for private participation in the provision of infrastructure, international assessments of its results are rare and inconclusive. Audit offices are generally skeptical of their superiority, multilateral institutions have been cautious, and the population is critical in many countries. I show these frustrating results are associated with the extraordinary profits and slow progress of productivity derived from reduced competition and ineffective regulation common in the sector, and point out reasons that explain this situation. I argue that enthusiasm is theoretically and empirically unfounded, and that on the ideological acceptance of two crucial, highly questionable hypotheses.
DOI: 10.6084/m9.figshare.19964836
title: Political economy of Brazilian startups: a new order in a turbulent scenario

description: ABSTRACT The article investigates the conditions that enable the creation and evolution of Brazilian startups in the context of uncertainties and instability of the country’s economy since 2010. The paper examines the premises of Complexity Theory and Chaos Theory applied to Economics. The study outlines the conditions for the emergence and evolution of these disruptive business models in the 1990s world scenario of crises and uncertainties. The last section deals with the evolution of these companies in Brazil until 2019, seeking to explain these services’ dynamic behavior, in the country’s conjuncture of instability and disorder.
DOI: 10.6084/m9.figshare.19964836.v1
title: Political economy of Brazilian startups: a new order in a turbulent scenario

description: ABSTRACT The article investigates the conditions that enable the creation and evolution of Brazilian startups in the context of uncertainties and instability of the country’s economy since 2010. The paper examines the premises of Complexity Theory and Chaos Theory applied to Economics. The study outlines the conditions for the emergence and evolution of these disruptive business models in the 1990s world scenario of crises and uncertainties. The last section deals with the evolution of these companies in Brazil until 2019, seeking to explain these services’ dynamic behavior, in the country’s conjuncture of instability and disorder.
DOI: 10.6084/m9.figshare.19964837
title: Government spending, the exchange rate and growth: empirical evidence for Latin America

description: ABSTRACT Using data of selected economies of Latin America for the period 1990-2017, this paper aims to provide empirical evidence regarding the effect of disaggregate government spending in the exchange rate. Our results indicate that government investment depreciates the exchange rate whereas government consumption, on the other hand, appreciates it. Both effects are, however, rather small. Our findings support recent literature showing that the relationship among government spending and the exchange rate is ambiguous, challenging the general accepted idea that government spending inevitably appreciates the exchange rate, having thus negative effects on the tradable sector and on growth. Overall, our results allow us to suggest that growth can be stimulated particularly via government investment without detrimental effects on the exchange rate.
DOI: 10.6084/m9.figshare.19964837.v1
title: Government spending, the exchange rate and growth: empirical evidence for Latin America

description: ABSTRACT Using data of selected economies of Latin America for the period 1990-2017, this paper aims to provide empirical evidence regarding the effect of disaggregate government spending in the exchange rate. Our results indicate that government investment depreciates the exchange rate whereas government consumption, on the other hand, appreciates it. Both effects are, however, rather small. Our findings support recent literature showing that the relationship among government spending and the exchange rate is ambiguous, challenging the general accepted idea that government spending inevitably appreciates the exchange rate, having thus negative effects on the tradable sector and on growth. Overall, our results allow us to suggest that growth can be stimulated particularly via government investment without detrimental effects on the exchange rate.