TECHNOLOGICAL INTENSITY LEVEL AND MULTI-SECTORAL THIRLWALL’S LAW IN BRAZIL (1998-2014)

The aim of this paper is to estimate the Multi-Sectoral Thirlwall’s Law for Brazil (1998-2014), considering the regional heterogeneities in productive sectors for eachlevel of technological intensity. For that purpose, a panel data, with the system GMMmethodology, was used to estimate income elastic...

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Detalhes bibliográficos
Autores: Teixeira, Felipe Orsolin, Missio, Fabrício José
Tipo de documento: artigo
Estado:Versão publicada
Data de publicação:2021
País:Brasil
Recursos:Universidade Federal do Rio Grande do Sul (UFRGS)
Repositório:Análise Econômica (Online)
Idioma:português
OAI Identifier:oai:seer.ufrgs.br:article/86496
Acesso em linha:https://seer.ufrgs.br/index.php/AnaliseEconomica/article/view/86496
Access Level:Acceso aberto
Palavra-chave:Restrição externa
composição setorial e crescimento
economia brasileira
E12
F41
R11
C23
External constraint
Sectoral composition and growth
Brazilian economy
Descrição
Resumo:The aim of this paper is to estimate the Multi-Sectoral Thirlwall’s Law for Brazil (1998-2014), considering the regional heterogeneities in productive sectors for eachlevel of technological intensity. For that purpose, a panel data, with the system GMMmethodology, was used to estimate income elasticities from brazilian states’ exports andimports. The main results suggest that there was a constraint to the Brazilian economic growth and that the categories of products classified as high and medium-hightechnological intensity have higher income elasticity of demand for exports.