The document announces an international conference to be held in Brazil from July 24-26, 2013, focusing on transnational corporations and development, with sessions on topics ranging from macroeconomics and economic growth to innovation, agriculture, and infrastructure investment. Numerous Brazilian and international academics are scheduled to present papers and lectures over the course of the three-day event.

1. INTERNATIONAL CONFERENCE
TRANSNATIONAL CORPORATIONS AND DEVELOPMENT:
CHALLENGES AND OPORTUNITIES IN BRAZIL

2. 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)

3. 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

4. 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

5. 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

6. 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

7. 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

8. 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)

9. 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

10. 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

11. 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

12. 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)

13. 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