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Indústria e Crescimento: Análise de Painel

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  • Vieira, Flávio
  • de Avellar, Ana Paula
  • Veríssimo, Michelle

Abstract

The work develops an empirical investigation on the relevance and impact of industry / GDP, manufacture / GDP and industrial employment / total employment on long run growth using panel data estimation (System GMM). The results indicate that the impact of a 10% increase, over a five year period, in the industry share to GDP is associated to an increase in annual growth of 0.19% to 0.31% for the whole sample and from 0.22% to 0.27% for developing and emerging economies. When using the manufacture share to GDP the annual impact on growth ranges from 0.2% to 0.36%, and for the industrial employment share to total employment the annual impact on growth is 0.32% for the entire sample and from 0.4% to 0.51% for and emerging and developing countries. The results suggest a direct and statistically significant relation for industry (manufacture) share to GDP and industrial employment for long run growth.

Suggested Citation

  • Vieira, Flávio & de Avellar, Ana Paula & Veríssimo, Michelle, 2013. "Indústria e Crescimento: Análise de Painel," TD NEREUS 6-2013, Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS).
  • Handle: RePEc:ris:nereus:2013_006
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    References listed on IDEAS

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    More about this item

    Keywords

    impact assessment; industry; GDP; employment; panel data; GMM;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General

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