Frederico Araujo Turolla

Financiamento da infraestrutura de transportes

The transportation sector is marked by the presence of externalities and by typical characteristics of the infrastructure sector. This article discusses the financing of the expansion of sector infrastructure, including foreign direct investment and taking into account the underlying institutional and regulatory dimensions, related to the economic characteristics of the sector.

OUTWARD BRAZILIAN FOREIGN DIRECT INVESTMENT: IMPULSES AND RESPONSES

This paper models the outward foreign direct investment from Brazil series using time a series econometrics model, namely the Vector Auto Regressive (VAR) model. We have drawn impulse response functions for the key relevant factors that may explain the outward foreign direct investment flows. We start with a review of the literature on the Dunning location approach to international business. We worked with a data set of quarterly observations from Q1-1995 to Q1-2010. We carried also out Granger causality tests as for determining whether international business travelling should be included as an explanatory variable in our model. Results stressed that although the strong exchange rate in Brazil is often blamed for forcing companies to invest abroad, the evidence found in the aggregate data suggests that there is not a significant relationship between the level of foreign exchange rate and the outward Brazilian foreign direct investment. Differently from previous studies, this paper uses impulse response functions to present dynamic results, thus avoiding the typical binary results “affect” or “don’t affect”, and in so doing we provide a more detailed insight into this important location factor.

Produção acadêmica de autores brasileiros sobre internacionalização: balanço das publicações no Brasil no séc. XXI

This paper analyses the Brazilian scientific research on Internationalization of Companies by reviewing all articles published in journals in the area classified as CAPES Qualis A, in the period 2001-2014 and its comparison with some indicators of other studies on academic research in Brazil and abroad, both in international business as in management in general. The analysis focuses on the theme, the methodology and the theories discussed in articles, as well as authorial demographics. It was verified that there are possible differences in Brazilian research on internationalization compared to what is practiced in other countries regarding the theme, methodology and theories. Within the authorial demographics, it is pointed out that the contribution of public and private institutions, as well as gender distribution is in line with other areas. At the end, possibilities for expanding the study are suggested to better reflect the Brazilian scientific production in Internationalization of Companies.