Relação de causalidade entre consumo per capita de papel e renda per capita no Brasil

Abstract

This work analyzed the causality between paper per capita consumption and per capita income in Brazil, using Granger causality test, co-integration, vector error correction model (VECM), Variance decomposition and Impulse response function. The annual data covers the 1975-2006 period. The results indicated that, in the long run, there is causal relation between per capita income and paper per capita consumption. It was also observed that per capita income has high explanatory power on the paper per capita consumption and low sensibility of the paper per capita consumption in relation to the per capita income.