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Productive and Unproductive Sectors’ Interactions in Brazil: A Miyazawa Analysis

Author

Listed:
  • Henrique Morrone
  • Adalmir Antonio Marquetti
  • Alessandro Donadio Miebach

Abstract

This article employs Miyazawa’s method to investigate the interaction between productive and unproductive sectors during the 2002–2014 period in Brazil. The results showed a growing dependence of productive on unproductive sectors together with a rise in the unproductive share in the economy, particularly after 2008. Our ï¬ ndings stressed the relationship between the rising importance of unproductive industries and lower total output growth, as emphasized by the classical-Marxian literature. JEL Classification: B51, C67, P16

Suggested Citation

  • Henrique Morrone & Adalmir Antonio Marquetti & Alessandro Donadio Miebach, 2023. "Productive and Unproductive Sectors’ Interactions in Brazil: A Miyazawa Analysis," Review of Radical Political Economics, Union for Radical Political Economics, vol. 55(2), pages 251-268, June.
    • Handle: RePEc:sae:reorpe:v:55:y:2023:i:2:p:251-268
    DOI: 10.1177/04866134221118653
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    References listed on IDEAS

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    More about this item

    Keywords

    Miyazawa’s model; classical-Marxian approach; unproductive sectors;
    All these keywords.

    JEL classification:

    • B51 - Schools of Economic Thought and Methodology - - Current Heterodox Approaches - - - Socialist; Marxian; Sraffian
    • C67 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Input-Output Models
    • P16 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Capitalist Institutions; Welfare State

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