Papers
Papers
Selected publications and working papers.
Impacts of Sector Funds on firms: new perspectives from the dose-response function
2012
G. Varela Alvarenga, D. M. Pianto, B. C. Araújo
Prêmio CNI de Economia — Innovation & Productivity category · Award-winning paper (2nd place).
Uses a generalized propensity score and a continuous-treatment (dose-response) approach to evaluate the impact of Brazil’s Sector Funds on firms’ R&D effort, size, and high-technology exports. The first Brazilian study to apply continuous-treatment methods to innovation incentives; the results reject the crowding-out hypothesis.
PDF ↓ Demand for air tickets in the Brazilian economy: a co-integration analysis
2011
P. F. Alves, G. Varela-Alvarenga, C. H. Rocha
Journal of Transport Literature, vol. 5, no. 3, pp. 64–88
A vector error-correction (VECM) study of Brazilian domestic air-ticket demand and its long-run relationship with GDP, fares, and jet-fuel prices. Demand is income-elastic but price-inelastic, reflecting the dominance of business travelers in the domestic market.
PDF ↓ Counter-cyclical policies in the automobile industry: a co-integration analysis of the impacts of IPI reduction on vehicle sales
2010
G. Varela-Alvarenga, P. F. Alves, C. F. dos Santos, F. De Negri, L. R. Cavalcante, M. C. Passos
XXXVIII ANPEC Brazilian National Economics Meeting
Estimates how Brazil’s temporary cut to the IPI tax affected vehicle sales after the 2008 financial crisis. About 20.7% of January–November 2009 sales are attributable to the tax cut, with credit also playing a non-negligible role.
PDF ↓