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Estrutura das exportações e crescimento econômico: uma análise empírica, 1985-2003

Author

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  • Catela, Eva Yamila da Silva
  • Porcile, Gabriel

Abstract

Export structure and economic growth: an empirical analysis, 1985-2003 - The paper discusses the idea that the quality of exports matters for economic growth. The influence of the structure of exports on the rates of economic growth is discussed within the context of a growth model with external constraints. To test the relationship between exports and growth, exports are divided in two groups: a) dynamic from a Schumpeterian perspective (high-tech sectors) and b) dynamic from a Keynesian perspective (international demand grows at higher rates than the average). The key hypothesis is that countries whose total exports have higher shares of sectors with Keynesian and Schumpeterian efficiency will grow faster. The empirical results are consistent with this hypothesis. In addition, the results suggest that Schumpeterian efficiency tends to have a stronger impact on growth than Keynesian efficiency.

Suggested Citation

  • Catela, Eva Yamila da Silva & Porcile, Gabriel, 2010. "Estrutura das exportações e crescimento econômico: uma análise empírica, 1985-2003," Revista Economia e Sociedade, Instituto de Economia, Universidade Estadual de Campinas (UNICAMP), vol. 40, pages 1-23, August.
  • Handle: RePEc:euc:ancoec:v:40:y:2010:p:291-313
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    More about this item

    Keywords

    Schumpeterian efficiency; Keynesian efficiency; Thirlwall?s law; Economic growth; Exports.;
    All these keywords.

    JEL classification:

    • F19 - International Economics - - Trade - - - Other
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • C23 - Mathematical and Quantitative Methods - - Single Equation Models; Single Variables - - - Models with Panel Data; Spatio-temporal Models

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