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Industrial Growth and Structural Change: Brazil in a Long-Run Perspective

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  • Dante Aldrighi

    ()

  • Renato P. Colistete

    ()

Abstract

This paper presents a long-run analysis of industrial growth and structural change in Brazil, from the coffee export economy in the nineteenth century to the present day. We focus on Brazil’s high economic growth in most of the twentieth century and the disruption caused by the collapse of debt-led growth in the early 1980s. We then examine the recent trends in economic growth and structural change, with a sectoral analysis of output, employment and productivity growth. Employing new data and estimates, we identify a sharp break with the earlier period of high outuput and productivity growth in Brazil’s manufacturing industry before the 1980s. From the 1990s, the relatively successful process of learning and technological advance by manufacturing firms that took place since the early industrialization has lost strength and Brazil’s productivity growth has declined and stagnated.

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File URL: http://www.fea.usp.br/feaecon/RePEc/documentos/RenatoDante10WP.pdf
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Bibliographic Info

Paper provided by University of São Paulo (FEA-USP) in its series Working Papers, Department of Economics with number 2013_10.

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Date of creation: 21 Aug 2013
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Handle: RePEc:spa:wpaper:2013wpecon10

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Keywords: Industrial Growth; Structural Change; Brazil;

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References

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  1. Colistete, Renato P., 2010. "Revisiting Import-Substituting Industrialisation in Post-War Brazil," MPRA Paper 24665, University Library of Munich, Germany.
  2. Kenneth L. Sokoloff, 1988. "Inventive Activity in Early Industrial America: Evidence From Patent Records, 1790 - 1846," NBER Working Papers 2707, National Bureau of Economic Research, Inc.
  3. Ferreira, Francisco H.G. & Leite, Phillippe G. & Ravallion, Martin, 2010. "Poverty reduction without economic growth?: Explaining Brazil's poverty dynamics, 1985-2004," Journal of Development Economics, Elsevier, vol. 93(1), pages 20-36, September.
  4. Teitel, Simon & Thoumi, Francisco E, 1986. "From Import Substitution to Exports: The Manufacturing Exports Experience of Argentina and Brazil," Economic Development and Cultural Change, University of Chicago Press, vol. 34(3), pages 455-90, April.
  5. Crafts, N F R, 1973. "Trade as a Handmaiden of Growth: An Alternative View," Economic Journal, Royal Economic Society, vol. 83(331), pages 875-84, September.
  6. Jeffrey G. Williamson, 2008. "Globalization and the Great Divergence: Terms of Trade Booms and Volatility in the Poor Periphery 1782-1913," Working Papers 08-07, Association Française de Cliométrie (AFC).
  7. Tafunell, Xavier, 2009. "Capital Formation in Machinery in Latin America, 1890-1930," The Journal of Economic History, Cambridge University Press, vol. 69(04), pages 928-950, December.
  8. Solomon Fabricant, 1942. "Employment in Manufacturing, 1899-1939: An Analysis of Its Relation to the Volume of Production," NBER Books, National Bureau of Economic Research, Inc, number fabr42-1, May.
  9. Douglass C. North, 1955. "Location Theory and Regional Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 63, pages 243.
  10. Reynolds, Lloyd G, 1983. "The Spread of Economic Growth to the Third World: 1850-1980," Journal of Economic Literature, American Economic Association, vol. 21(3), pages 941-80, September.
  11. Bertola, Luis & Ocampo, Jose Antonio, 2012. "The Economic Development of Latin America since Independence," OUP Catalogue, Oxford University Press, number 9780199662142.
  12. Timmer, Marcel P. & Szirmai, Adam, 2000. "Productivity growth in Asian manufacturing: the structural bonus hypothesis examined," Structural Change and Economic Dynamics, Elsevier, vol. 11(4), pages 371-392, December.
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Blog mentions

As found by EconAcademics.org, the blog aggregator for Economics research:
  1. Past and Present: Brazil’s Unfulfilled Expectations
    by sebastianfleitas in NEP-HIS blog on 2014-02-03 13:57:01

RePEc Biblio mentions

As found on the RePEc Biblio, the curated bibliography for Economics:
  1. > Economic History > Regional Economic History > Latin American Economic History > Economic History of Brazil
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Cited by:
  1. André Roncaglia de Carvalho, 2013. "Inflation, structural change and conflict in post-disinflation Brazil: a structuralist appraisal," Working Papers, Department of Economics 2013_25, University of São Paulo (FEA-USP).

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