Impactos daMudança Estrutural da Economia Brasileira sobre o seuCrescimento
In the structuralist approach, the industry sector has an outstanding role because several features point that this is an essential sector for the economy’s dynamics. HIRSCHMAN (1958) points out that the industry sector has more backward and forward linkages comparing to the other sectors of the economy. Additionally, he states that positive externalities and spillovers are more relevant in that sector. KALDOR (1957) also stresses that the industry has more potential to present static and dynamic economies of scale. Considering these arguments, the present paper’s goal is to investigate the effects of the Brazilian economy structural change on its performance in the period 1948-2007.
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