INTERNATIONALCONFERENCE TRANSNATIONAL CORPORATIONS AND DEVELOPMENT: CHALLENGES AND OPORTUNITIES IN BRAZIL July24th,2013 UEM‐Auditorium13–C34Building–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) July25th,2013 HOTELDEVILLE MorningSessions–09h00min–10h15min Session1:MacroeconomicsandEconomicGrowth ConferenceRoom:SalaMaringá SessionChair:RossanaLottRodrigues 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 Session2:China,BrazilandOtherEmergingEconomies ConferenceRoom:SalaJacarandá SessionChair:MarinaSilvadaCunha 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 July25th,2013 Session3:SectorialandIndustrialStudies ConferenceRoom:SalaMagnólia SessionChair:MariadeFátimaGarcia 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 July25th,2013 INTERNATIONALCONFERENCE TRANSNATIONAL CORPORATIONS AND DEVELOPMENT: CHALLENGES AND OPORTUNITIES IN BRAZIL MainConference 10h45–12h30 ConferenceRoom:SalaMaringá 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 July25th,2013 AfternoonSessions–14h00–15h30 Session4:InternationalMacroeconomicPolicy ConferenceRoom:SalaMaringá SessionChair:MariaHelenaAmbrosioDias 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 Session5:InnovationandTechnology ConferenceRoom:SalaJacarandá SessionChair:AntonioCarlosCampos 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 July25th,2013 Session6:HumanCapital,HealthSystemandLaborMarket ConferenceRoom:SalaMagnólia SessionChair:JulyermeTonin 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 July25th,2013 SpecialSessionI–15h45–16h30 ConferenceRoom:SalaMaringá SessionChairandDiscussant:JoséLuizParré(PCE/UEM) “China’s Agri-Biotech Policy, Regulations and Institutions” Lecturer: Prof. Dr. Hugh Dang and Prof. Dr. Lance Wang (Transnational Corporations Review, Canada) SpecialSessionII–16h30–17h30 ConferenceRoom:SalaMaringá SessionChairandDiscussant:JianminTang/SamZhao “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) SpecialSessionIII–16h45–17h45 ConferenceRoom:SalaMaringá SessionChairandDiscussant:HughDeng/ElianeAraujo “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) July26th,2013 HOTELDEVILLE MorningSessions–08h00–09h15 Session7:InternationalEconomicsandBusiness ConferenceRoom:SalaMaringá SesionChair:SamZhao/HughDeng 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: Maria Dias Session8:MonetaryandFinancialPolicy ConferenceRoom:SalaJacarandá SessionChair:AlexandreFlorindoAlves 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 July26th,2013 Session9:MonetaryPolicyandGrowthConvergence ConferenceRoom:SalaMagnólia SessionChair:GilbertoJoaquimFraga 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 MorningSessions–09h45–10h30 Session10:AgriculturalSectorStudies ConferenceRoom:SalaJacarandá SessionChair:NatalinoHenriqueMedeiros 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 ImputOutput Analysis Authors: Cleise Maria de Almeida Tupich Hilgemberg and Emerson Martins Hilgembert Discussant: Celso Daniel Seratto July26th,2013 Session11:AgriculturalandPovertyStudies ConferenceRoom:SalaMagnólia SessionChair:EdnaldoMichellon 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 July26th,2013 SpecialSessionIV–10h35–12h00 ConferenceRoom:SalaMaringá SessionChairandDiscussant:MariaHelenaAmbrosioDias(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) July26th,2013 AfternoonSession–14h00–17h30 ACIM ClosingSession:Infra‐structureInvestmentinBrazil:ChallengesandOpportunities ConferenceRoom:ACIM–EntrepreneurialBusinessAssociation President:MarcoTadeuBarbosa SessionChair:JoilsonDias 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