Artigos Internacionais
Labor productivity growth in Brazil, after showing positive annual rates between 1950 and 1979, became stagnant after 1980. We decompose, calculate and analyze statistical evidence on the Brazilian labor producticity in the period 1950-2011, according to "structural change" and "within" components as proposed by McMillan and Rodrik's (2011) methodology. Since it is almost a consensus that the stagnation in the subperiod1980-1994 is explained by the external debt crisis and crhonic inflation rates, we regressed labor productivity growth as well as its two componentes on several microeconomic and macroeconomic variables in Brazil for the period 1995-2011. The results show that the stagnation of the Brazilian economy in the recent decades is explained by the overvaluation of the Brazilian currency, the reprimarization of the export basket, the low degree of Brazil's trade openness and the high real interest rates prevailing in the period.
André Nassif, Lucilene Morandi, Eliane Araújo e Carmem Feijó
We present a Kaldor–Thirlwall theoretical and empirical framework on the basic driving forces of the behaviour of productivity and economic...
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Even though the New Macroeconomic Consensus (NMC) guidelines have been under review by mainstream economists from developed countries since the 2008...
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This article analyses changes in the structure and competitiveness of the Brazilian capital goods industry since the early 1990s and proposes a...
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The majority of economic literature tends to discuss economic development issues by analysing the industrial policy and other long-term development...
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The aim of this paper is to shed some light on the issue of why some BRICS countries are doing much better than others after the international...
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The acronym BRIC (Brazil, Russia, India and China), which later became BRICS with the inclusion of South Africa, was first coined by the Goldman...
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The aim of this paper is to shed some light on the issue of why some BRICS countries are doing much better than others after the international...
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