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...
| Autores: | , |
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| 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 |
| 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. |
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