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The structure and competitiveness of the Brazilian capital goods industry

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  • Nassif, André

Abstract

This article analyses changes in the structure and competitiveness ofthe Brazilian capital goods industry since the early 1990s and proposes aclassification within that industry based on the different industrial segmentsfrom which the demand for machinery and equipment derives. Althoughthis industry still accounts for a large share of manufacturing sector valueadded, the production efficiency and international competitiveness of thesegments it comprises are quite heterogeneous. The article singles out thesegments with the greatest development potential and suggests measuresthat could be taken in each of them to complement the industrial andtechnology policy instruments contained in the Production DevelopmentPolicy officially established in May 2008.

Suggested Citation

  • Nassif, André, 2008. "The structure and competitiveness of the Brazilian capital goods industry," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
  • Handle: RePEc:ecr:col070:11349
    Note: Includes bibliography
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    File URL: http://repositorio.cepal.org/handle/11362/11349
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    References listed on IDEAS

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    1. Zvi Griliches, 1998. "Productivity, R&D, and the Data Constraint," NBER Chapters, in: R&D and Productivity: The Econometric Evidence, pages 347-374, National Bureau of Economic Research, Inc.
    2. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (II): Applications of the Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 2, number fuss1978a.
    3. Giovanni Dosi & Keith Pavitt & Luc Soete, 1990. "The Economics of Technical Change and International Trade," LEM Book Series, Laboratory of Economics and Management (LEM), Sant'Anna School of Advanced Studies, Pisa, Italy, number dosietal-1990, April.
    4. Fajnzylber, Fernando, 1988. "International competitiveness: agreed goal, hard task," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), December.
    5. Greenwood, Jeremy & Hercowitz, Zvi & Krusell, Per, 1997. "Long-Run Implications of Investment-Specific Technological Change," American Economic Review, American Economic Association, vol. 87(3), pages 342-362, June.
    6. Fuss, Melvyn & McFadden, Daniel (ed.), 1978. "Production Economics: A Dual Approach to Theory and Applications," Elsevier Monographs, Elsevier, edition 1, number 9780444850133.
    7. Donald S. Siegel & Catherine J. Morrison Paul, 1999. "Scale Economies and Industry Agglomeration Externalities: A Dynamic Cost Function Approach," American Economic Review, American Economic Association, vol. 89(1), pages 272-290, March.
    8. Fuss, Melvyn & McFadden, Daniel, 1978. "Production Economics: A Dual Approach to Theory and Applications (I): The Theory of Production," History of Economic Thought Books, McMaster University Archive for the History of Economic Thought, volume 1, number fuss1978.
    9. Marco Flávio Resende & Patrícia Anderson, 1999. "Mudanças estruturais recentes na indústria de bens de capital," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 9(2), pages 39-68.
    10. Abramovitz, Moses, 1993. "The Search for the Sources of Growth: Areas of Ignorance, Old and New," The Journal of Economic History, Cambridge University Press, vol. 53(2), pages 217-243, June.
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    Cited by:

    1. Moralles, Herick Fernando & do Nascimento Rebelatto, Daisy Aparecida, 2016. "The effects and time lags of R&D spillovers in Brazil," Technology in Society, Elsevier, vol. 47(C), pages 148-155.

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