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The Brazilian Automobile Industry in the 1980s: the Lost Decade?

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  • Fonseca, Renato

Abstract

The 1980s was a difficult decade for the Brazilian economy. It was a period marked by both external and internal imbalances. The automobile industry was hard hit and the industry's performance during the period have been heavily criticized. This study presents evidence against the idea that the 1980s was a "lost decade" for the Brazilian automobile industry. While Brazilian auto makers have been lazy in erms of process innovation and productivity., the industry was not sleeping during this eriod. In fact, as we show, the pace of quality upgrading in Brazilian cars was astonishing.

Suggested Citation

  • Fonseca, Renato, 1999. "The Brazilian Automobile Industry in the 1980s: the Lost Decade?," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 53(1), January.
    • Handle: RePEc:fgv:epgrbe:v:53:y:1999:i:1:a:748
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    1. repec:ucp:bknber:9780226304557 is not listed on IDEAS
    2. Ohta, Makoto & Griliches, Zvi, 1986. "Automobile Prices and Quality: Did the Gasoline Price Increases Change Consumer Tastes in the U.S.?," Journal of Business & Economic Statistics, American Statistical Association, vol. 4(2), pages 187-198, April.
    3. Daniel M. G. Raff & Manuel Trajtenberg, 1996. "Quality-Adjusted Prices for the American Automobile Industry: 1906-1940," NBER Chapters, in: The Economics of New Goods, pages 71-108, National Bureau of Economic Research, Inc.
    4. Triplett, Jack E, 1969. "Automobiles and Hedonic Quality Measurement," Journal of Political Economy, University of Chicago Press, vol. 77(3), pages 408-417, May/June.
    5. Robert J. Gordon, 1990. "The Measurement of Durable Goods Prices," NBER Books, National Bureau of Economic Research, Inc, number gord90-1, March.
    6. Zvi Griliches, 1961. "Hedonic Price Indexes for Automobiles: An Econometric of Quality Change," NBER Chapters, in: The Price Statistics of the Federal Goverment, pages 173-196, National Bureau of Economic Research, Inc.
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