THE EFFECT OF INTERNATIONALIZATION OF BRAZILIAN COMPANIES ON REGIONAL DEVELOPMENT: A PVAR MODEL ANALYSIS

Authors

  • Andréa Freire de Lucena
  • Gercione Dioní­zio Silva

Keywords:

internationalization, regional development, vector autoregressive model.

Abstract

This article aims to confirm if the Brazilian regional development from 2001 to 2012 was affected by the process of internationalization. Data analysis was performed by a panel of vector autoregressive model (PVAR), which allows adding to the vector autoregressive model the heterogeneity of each Brazilian region. By decomposing the variation and the function of impulse-response we could infer that a no anticipated chock in the level of internationalization of a region influences positively and significantly the regional development. The results confirm the importance of the internationalization process for regional development.

Published

2019-03-19

How to Cite

Lucena, A. F. de, & Silva, G. D. (2019). THE EFFECT OF INTERNATIONALIZATION OF BRAZILIAN COMPANIES ON REGIONAL DEVELOPMENT: A PVAR MODEL ANALYSIS. Revista Brasileira De Gestão E Desenvolvimento Regional, 15(2). Retrieved from https://www.rbgdr.com.br/revista/index.php/rbgdr/article/view/4453