摘要:Abstrat: The objective of this paper was to identify the long run relationship among Brazilian per capita GDP, human capital, physical capital, and variables related to the Brazilian trade. The results indicated the existence of a long run equilibrium relationship among per capita GDP, physical capital, human capital, foreign direct investments, and openness of the Brazilian economy. Significant investments in physical capital and, especially, in education are necessary to improve the per capita income of the Brazilian population.