Money and space in Brazil: a study of selected areas

Vol. 24 No. 3 (2004)

Jul-Sep / 2004
Published July 1, 2004
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Barra, Claudio, and Marco Crocco. 2004. “Money and Space in Brazil: A Study of Selected Areas”. Brazilian Journal of Political Economy 24 (3):393-412.

Money and space in Brazil: a study of selected areas

Claudio Barra
Banco Central do Brasil, Departamento Econômico, Brasília/DF, Brasil.
Marco Crocco
Professor Adjunto do Centro de Desenvolvimento e Planejamento Regional da Universidade Federal de Minas Gerais, - CEDEPLAR-UFMG, Belo Horizonte/MG, Brasil.
Brazilian Journal of Political Economy, Vol. 24 No. 3 (2004), Jul-Sep / 2004, Pages 393-412


The aim of this piece is to analyse, based on the post-keynesian framework, the relationship between the centrality and dynamism of regions and the behaviour of some regional financial variables at Brazil from 1988 to 2000. This paper undertake the analysis using a special geo-economic delineation presented by LEMOS, GUERRA e MORO (2000) and the existence of the polygon of development proposed by DINIZ (1993). The results shown the relation between centrality of a region and the presence of institutional characteristics those make the credit easier to be created during the overall analysed period.

JEL Classification: E60; G21; R12.

Keywords: Regional economy financial system money and liquidity preference