IDEAS home Printed from https://ideas.repec.org/a/ekm/repojs/v42y2022i2id95007.html

Brazilian underdevelopment portrayed by its excluding growth dynamics: an empirical analysis based on Celso Furtado

Author

Listed:
  • Alanna Santos de Oliveira

    (Economista-Pesquisadora do Centro de Estudos e Pesquisas Econômico-Sociais – CEPES, do Instituto de Economia e Relações Internacionais da Universidade Federal de Uberlândia – IERI-UFU, Uberlândia/ MG, Brasil.)

  • Carlos Alves do Nascimento

    (Professor Associado do Instituto de Economia e Relações Internacionais da Universidade Federal de Uberlândia – IERI-UFU, Uberlândia-MG, Brasil.)

Abstract

Celso Furtado’s analysis of Brazilian underdevelopment is widely recognized forits historical-structural approach, while his macroeconomic analytical bias often receives littleattention. Considering this, in addition to giving emphasis to this perspective of his analysis,this work aims at carrying out an empirical essay which tests the relationships among themain variables of the author’s scheme. For this purpose, an SVAR (Structural Vector Autoregressive)is used with data from Brazilian economy, from 1965 to 2015. The results showthat the tested interrelations are consistent with his macroeconomic interpretation of thegrowth process of Brazilian economy in the boundary of underdevelopment. JEL Classification: O11.

Suggested Citation

  • Alanna Santos de Oliveira & Carlos Alves do Nascimento, 2022. "Brazilian underdevelopment portrayed by its excluding growth dynamics: an empirical analysis based on Celso Furtado," Brazilian Journal of Political Economy, Center of Political Economy, vol. 42(2), pages 481-502, May.
    • Handle: RePEc:ekm:repojs:v:42:y:2022:i:2:id:95007
    DOI: 10.1590/0101-31572022-3269
    as

    Download full text from publisher

    File URL: https://periodicos.fgv.br/bjpe/article/view/95007
    File Function: Abstract page
    Download Restriction: no
    File URL: https://periodicos.fgv.br/bjpe/article/download/95007/88469
    File Function: Full text
    Download Restriction: no
    File URL: https://libkey.io/10.1590/0101-31572022-3269?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • O11 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ekm:repojs:v:42:y:2022:i:2:id:95007. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Cecília Heise (email available below). General contact details of provider: https://periodicos.fgv.br/bjpe .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.