Since 2014
Free Trade Zone of Manaus: An Impact Evaluation using the Synthetic Control Method
Revista Brasileira de Economia
View Archive Info| Field | Value | |
| Title |
Free Trade Zone of Manaus: An Impact Evaluation using the Synthetic Control Method
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| Creator |
Possebom, Vitor Augusto; Yale University
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| Subject |
Free Trade Zone of Manaus; Enterprise Zones; Synthetic Control Method
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| Description |
I apply the synthetic control method for Brazilian city-level data during the 20th Century in order to evaluate the economic impact of the Free Trade Zone of Manaus (FTZM). I find that this enterprise zone had positive significant effects on real GDP per capita and Services Total Production per capita, but it also had negative significant effects on Agriculture Total Production per capita. My results suggest that this subsidy policy achieved its goal of promoting regional economic growth at the cost of provoking mis-allocation of resources among economic sectors. They also reject the view that an industrialization policy will benefit all economic sectors due to positive spill-overs of the manufacture sector that are strong enough to compensate for the negative effect of the mis-allocation of resources.
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| Publisher |
Escola de Pós-Graduação em Economia da FGV
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| Contributor |
FAPESP
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| Date |
2017-07-19
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion Articles Artigos |
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| Format |
application/pdf
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| Identifier |
http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/62251
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| Source |
Revista Brasileira de Economia; v. 71, n. 2 (2017): ABR-JUN; 217-231
Revista Brasileira de Economia; v. 71, n. 2 (2017): ABR-JUN; 217-231 1806-9134 0034-7140 |
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| Language |
eng
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| Relation |
http://bibliotecadigital.fgv.br/ojs/index.php/rbe/article/view/62251/70134
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| Rights |
Direitos autorais 2017 Revista Brasileira de Economia
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