As Exportações e o Crescimento Econômico: Análise dos municípios do COREDE Serra - 1997-2004 [Export and Economic Growth: Analysis of the cities of the COREDE Serra - 1997-2004]
This paper aims to verify the existence of a relation between exports and the economic growth of the pertaining cities to the region of the COREDE Serra of the Rio Grande do Sul, for the period of 1997 to 2004. For this it is used the approach of the economic growth theory, specifically the model formulated by Feder (1983), in which exports positively affect the economic growth through two possible ways: positive externalities, and through the reallocation of resources for more productive activities. The results indicate that exports affect economic growth positively, and this effect is not consequence of externalidades, but only of the differential of productivity between the exporting sector and the not exporting one. The estimates had indicated that in the exporting sector the production factors are used 62.65% more productive than the remaining portion of the economy. Of this, it is concluded of the importance of promotional politics of the exports, also in municipal scope, as a form to stimulate the regional economic growth. Moreover, the estimates had allowed the verification of the existence of decreasing marginal incomes in the capital and labor factors of production for the sample of cities. Considering exports in set with the accumulated production factors it becomes possible to get constant economies of scale. The conclusion is that the efficiently use of the factors of production in the exporting sector allows to a compensation to the nature of decreasing marginal incomes of the accumulated production factors.
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Paper provided by University Library of Munich, Germany in its series MPRA Paper with number
7774.
Find related papers by JEL classification: O41 - Economic Development, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - One, Two, and Multisector Growth Models F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies R11 - Urban, Rural, and Regional Economics - - General Regional Economics - - - Analysis of Growth, Development, and Changes
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