INTERNATIONAL CONFERENCE

TRANSNATIONAL CORPORATIONS AND DEVELOPMENT:

CHALLENGES AND OPORTUNITIES IN BRAZIL

July 24th, 2013

UEM - Auditorium 13 – C34 Building – 19h30

“New Urban Economics and Real Estate Market: Challenges and Opportunities” Lecturer: Prof. Dr. Fernando Vendramel Ferreira The Wharton School, University of Pennsylvania, USA Chairperson: Prof. Dr. Joilson Dias (PCE/UEM)

July 25th, 2013

HOTEL DEVILLE

Morning Sessions – 09h00min – 10h15min

Session 1: Macroeconomics and Economic Growth

Conference Room: Sala Maringá

Session Chair: Rossana Lott Rodrigues

1.1. Structural Changes and External Vulnerabilities in the Brazilian Economy

Authors: Rossana Lott Rodrigues, et al Discussant: André Nassif

1.2. Overcoming the “Impossible Trinity”: towards a Mix of Macroeconomic

Policy Instruments for Sustaining Economic Development in Brazil Author: André Nassif Discussant: Julyana Covre

1.3. Political-Economic Cycle Theory: Empirical Evidence for Brazil between

1997 and 2013 Authors: Julyana Covre and Thyago Américo Schio Discussant: Rossana Lott Rodrigues

Session 2: China, Brazil and Other Emerging Economies

Conference Room: Sala Jacarandá

Session Chair: Marina Silva da Cunha

2.1. Lead-Lag Effect in the Stock Market of the Member States of the BRICS

Authors: Julyerme Matheus Tonin, Jose Carlos Bornia, Marina Silva Cunha, and Joao Ricardo Tonin

Discussant: Mateus Ramalho Ribeiro da Fonseca 2.2. Inflation Targeting Regime: Comparative Analysis and Empirical

Evidence for Selected Emerging Countries Authors: Mateus R. R. da Fonseca and Samuel C. Peres Discussant: Vanessa da Costa Val Munhoz

2.3. Dynamics of Financial Flows in BRICS: Analysis of the Period 2000-2010

Authors: Vanessa da Costa Val Munhoz, Vanessa de Paula Pereira and Larissa Naves de Deus

Discussant: Julyerme Matheus Tonin

July 25th, 2013

Session 3: Sectorial and Industrial Studies

Conference Room: Sala Magnólia

Session Chair: Maria de Fátima Garcia

3.1. Recent Increase in Prices of Property in Brazil: There Exist or Property Bubble? Author: Luciano Luiz Manarin D'Agostini Discussant: Marcelo Miranda de Melo

3.2. Is There a Bubble Price in the Real Estate Sector of Ceará? A Post

Keynesian Approach Author: Marcelo Miranda de Melo Discussant: José Alderir da Silva

3.3. Deindustrialization and Dutch Disease: A Case of Brazil

Author: Jose Alderir da Silva Discussant: Luciano Luiz Manarin D’Agostini

July 25th, 2013

INTERNATIONAL CONFERENCE

TRANSNATIONAL CORPORATIONS AND DEVELOPMENT:

CHALLENGES AND OPORTUNITIES IN BRAZIL

Main Conference

10h45 – 12h30

Conference Room: Sala Maringá

Session Chair and Discussant: Eliane Cristina de Araújo Sbardellati (PCE/UEM)

“China Model and Its Sustainability” Lecturer: Prof. Dr. Suisheng (Sam) Zhao The Josef Korbel School of International Studies, University of Denver, USA

July 25th, 2013

Afternoon Sessions – 14h00 – 15h30

Session 4: International Macroeconomic Policy

Conference Room: Sala Maringá

Session Chair: Maria Helena Ambrosio Dias

4.1. MERCOSUR: An Analysis of the Economic Indicators from 1990 to 2004 Author: Luciana Aparecida Bastos Discussant: Maria Helena Ambrosio Dias

4.2. Macroeconomic Policy Transmission and International Independence: A

SVAR Application to Brazil and the U.S. Authors: Maria Helena Ambrosio Dias and Joilson Dias Discussant: Clauber Scherer

4.3. Intensive and Extensive Margins for Brazilian International Trade

Authors: Clauber Scherer and Mauricio Bittencourt Discussant: Luciana Aparecida Bastos

Session 5: Innovation and Technology

Conference Room: Sala Jacarandá

Session Chair: Antonio Carlos Campos

5.1. Sustainable Economic Development Based on Technological Innovation Authors: Fernanda Helen Mansano, Leonardo da Costa Urt and Marcelo

Farid Pereira Discussant: Elcio Cordeiro da Silva

5.2. Impacts of Demand and Technology in Brazilian Economic Growth of

2000 -2009 Authors: Elcio Cordeiro da Silva, Daniel Lelis de Oliveira, José Tarocco

Filho, and Umberto Antonio Sesso Filho Discussant: João Ricardo Tonin

5.3. Price Asymmetry of the BM&F Bovespa Ethanol Future Contract:

Dynamics of Biofuels Market in Brazilian South-Center Authors: João Ricardo Tonin, Antonio Augusto de Jesus Godoy, and

Joilson Dias Discussant: Fernanda Helen Mansano

July 25th, 2013

Session 6: Human Capital, Health System and Labor Market

Conference Room: Sala Magnólia

Session Chair: Julyerme Tonin

6.1. Human Capital and Health Status in Brazil

Authors: Leticia Xander Russo and Joilson Dias Discussant: Thiago Caliari

6.2. Innovation and Interactions in the Brazilian Health System

Authors: Thiago Caliari and Ricardo Machado Ruiz Discussant: Luma de Oliveira

6.3. Frictions in Brazil’s Labor Market: Applications of GMM Models to Wages

Authors: Luma de Oliveira, Maria Helena Ambrosio Dias and Joilson Dias Discussant: Leticia Xander Russo

July 25th, 2013

Special Session I – 15h45 – 16h30

Conference Room: Sala Maringá

Session Chair and Discussant: José Luiz Parré (PCE/UEM)

“China’s Agri-Biotech Policy, Regulations and Institutions” Lecturer: Prof. Dr. Hugh Dang and Prof. Dr. Lance Wang (Transnational Corporations Review, Canada)

Special Session II– 16h30 – 17h30

Conference Room: Sala Maringá

Session Chair and Discussant: Jiamin (Jimmy) Tang

“Internationalization of Chinese Enterprises: Assessment and Comparison”

Lecturer: Prof. Dr. Yuan Bai and Prof. Dr. Yue Guan (The School of International Economics and Trade, Beijing International

Studies University, China)

Special Session III – 16h45 – 17h45

Conference Room: Sala Maringá

Session Chair and Discussant: Hugh Deng / Joe Zhao (TNCR)

“Productivity Dynamics of Entrants and Exits: Evidence from Canadian Manufacturing”

Lecturer: Prof. Dr. Huju Liu and Prof. Dr. Jianmin (Jimmy) Tang (Statistics Canada and Industry Canada)

July 26th, 2013

HOTEL DEVILLE

Morning Sessions – 08h00 – 09h15

Session 7: International Economics and Business

Conference Room: Sala Maringá

Sesion Chair: Sam Zhao

7.1. Sectoral Analysis of Foreign Direct Investment and Growth in Brazil Authors: Giovani da Silva Oliveira and Katy Maia Discussant: Ana Urraca-Ruiz

7.2. World Technological Competences Captured by Multinationals in

Environmental Technologies Authors: Ana Urraca-Ruiz and Gemma Duran-Romero Discussant: Jianmin (Jimmy) Tang

7.3. India’s Agri-Biotech Policy, Regulations, and Institutions

Authors: Hugh Deng and Lance Wang Discussant: Yue Guan

Session 8: Monetary and Financial Policy

Conference Room: Sala Jacarandá

Session Chair: Alexandre Florindo Alves

8.1. Testing the CAPM for Brazilian Stock Market Using Multivariate GARCH Authors: Lucas Lúcio Godeiro, César Roberto Leite da Silva and Fábio

Lúcio Rodrigues Discussant: Vinicius Borba da Costa

8.2. Capital Controls: an Empirical Analysis of the Effectiveness of the IOF in

Brazil (2008-2012) Authors: Vinicius Borba da Costa and Eliane Cristina de Araújo Discussant: Allan da Silveira dos Santos

8.3. Interaction between Macroeconomics Variables and IBOVESPA:

Brazilian Stock Market Index Analysis from a VEC Model Authors: Allan Silveira Dos Santos, Angelo Rondina Neto, Luma De

Oliveira and Mateus Boldrine Abrita Discussant: Lucas Lúcio Godeiro

July 26th, 2013

Session 9: Monetary Policy and Growth Convergence

Conference Room: Sala Magnólia

Session Chair: Gilberto Joaquim Fraga

9.1. Monetary Programming, Turnover of the Directors of Central Bank and Interest Rate Determination Authors: Allan Silveira dos Santos, Maria Helena Ambrosio Dias and

Joilson Dias Discussant: Erica Oliveira Gonzales

9.2. Influence of Exchange Variation and Demand Conditions in the

Determination of IPCA in Brazil (1999-2011) Authors: Erica Oliveira Gonzales, Allan Silveira dos Santos and Eliane

Cristina Araujo Discussant: Jorge Leandro Delconte Ferreira

9.3. Economic Growth and Per Capita Income Convergence among

Municipalities of the Parana and Sao Paulo States (1999-2010) Authors: Jorge Leandro Delconte Ferreira, Jose Luiz Parre and Maria

Luzia Lomba de Sousa Discussant: Allan Silveira dos Santos

Morning Sessions – 09h45 – 10h30

Session 10: Agricultural Sector Studies

Conference Room: Sala Jacarandá

Session Chair: Natalino Henrique Medeiros

10.1. Agribusiness Sugar Cane in Brazil Producing More Energy and CERs: a Case Study Auhtors: Celso Daniel Seratto, Ednaldo Michellon, and Natalino Henrique

Medeiros Discussant: Joel Fiengenbaum

10.2. Dairy Agro-Industry in Brazil and Transnational Corporations: An

Analysis of the Opportunities and Challenges Authors: Joel Fiegenbaum and Júlio Eduardo Rohenkohl Discussant: Cleise Maria de Almeida Tupich Hilgemberg

10.3. Brazilian Milk and Derived Products Sector in the Nineties: An Imput-

Output Analysis Authors: Cleise Maria de Almeida Tupich Hilgemberg and Emerson

Martins Hilgembert Discussant: Celso Daniel Seratto

July 26th, 2013

Session 11: Agricultural and Poverty Studies

Conference Room: Sala Magnólia

Session Chair: Ednaldo Michellon

11.1. Analysis of Rural Entrepreneurship under the Theoretical Approach of Resources and Capabilities: A case of Rural Micro-business Author: José G. Vargas-Hernández Discussant: Michele Aparecida Nepomuceno Pinto

11.2. Decomposition of Poverty in the Brazilian Metropolitan Regions Using

the Shapley Value Approach Authors: Michele Aparecida Nepomuceno Pinto, Fernanda Mendes Bezerra and Hugo Chu Chun Wei Discussant: Juliana Bulgarelli Mendes

11.3. Influence of Rural Credit in Agricultural Gross Added Value

Authors: Juliana Bulgarelli Mendes, Arturo A. Zavala, Carlos Eduardo Feuser, Flaviana Marques Lima Ferreira and Luiz Augusto Ferreira Magalhães

Discussant: José G. Vargas-Hernández

July 26th, 2013

Special Session IV– 10h35 – 12h00

Conference Room: Sala Maringá

Session Chair and Discussant: Maria Helena Ambrosio Dias (PCE/UEM)

“Industry Productivity: The Role of Offshoring” Prof. Dr. Jianmin (Jimmy) Tang (The Productivity and Competiveness Analysis, Industry Canada)

“Evolution of Labor Division and Transform Tendency of Dual Trade Structure”

Prof. Dr. Jingfeng (Joe) Zhao (The School of Economics and Management, Northwest University, Xi’an,

China)

July 26th, 2013

Afternoon Session – 14h00 – 17h30

ACIM

Closing Session: Infra-structure Investment in Brazil: Challenges and Opportunities

Conference Room: ACIM – Entrepreneurial Business Association

President: Marco Tadeu Barbosa

Session Chair: Joilson Dias

Lectures: I. “Investments in Infrastructure in Brazil: Federal Government Initiatives”

Prof. Dr. Antonio Henrique Pinheiro Silveira Secretary for Economic Policy, MF-Ministry of Economy, Brazil

II. “Perspectives on Development and the Role of the BNDES” Prof. Dr. Antonio José Alves Jr. BNDES – President´s Main Advisor

III. “Challenges for Investment in Infrastructure” Prof. Dr. Marcos Roberto Vasconcelos Vice President - Caixa Econômica Federal and UEM