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Structural change, technology, and economic growth: Brazil and the CIBS in a comparative perspective

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  • Mario Cimoli
  • Wellington Pereira
  • Gabriel Porcile
  • Fábio Scatolin

Abstract

Schumpeterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in the international markets and to compete in sectors whose demand grows at higher rates. The paper compares Brazil (and to a lesser extent the CIBS group of countries) from the point of view of the direction and intensity of structural change. It is suggested that structural change has been relatively weak in Brazil and that this has been associated with a less dynamic growth performance since the 1980s. Copyright Springer Science+Business Media, LLC. 2011

Suggested Citation

  • Mario Cimoli & Wellington Pereira & Gabriel Porcile & Fábio Scatolin, 2011. "Structural change, technology, and economic growth: Brazil and the CIBS in a comparative perspective," Economic Change and Restructuring, Springer, vol. 44(1), pages 25-47, April.
  • Handle: RePEc:kap:ecopln:v:44:y:2011:i:1:p:25-47
    DOI: 10.1007/s10644-010-9095-3
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    More about this item

    Keywords

    Structural change; Convergence and divergence; Economic growth; O33; O43;
    All these keywords.

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • O43 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Institutions and Growth

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