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National innovation system, competitiveness and economic growth

  • Marco Flávio da Cunha Resende

    (Cedeplar-UFMG)

  • Daniela Almeida Raposo Torres

    (Cedeplar-UFMG)

Differences in income-elasticities of imports and exports among countries bring about distinct degrees of external constraints to growth. This argument has been pointed out by Prebisch and by authors in the Kaldorian tradition. Prebisch’s explanations for this phenomenon relate to the differences in international insertion between agrarian / peripheral and industrial / central economies. Kaldorian authors, in turn, refer to Prebisch only to explain why such elasticities differ between products and between countries. However, even after undergoing industrialization processes, several economies still face external constraints to growth. The aim of this paper is to explain differences in trade elasticities among industrial economies. Therefore, it intends to demonstrate, by using the Neo-Schumpeterian literature, the causal relations between the development of a National Innovation System, the differences in income-elasticities of imports and exports, the degree of competitiveness and the degree of external vulnerability of an economy.

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Paper provided by Cedeplar, Universidade Federal de Minas Gerais in its series Textos para Discussão Cedeplar-UFMG with number td325.

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Length: 25 pages
Date of creation: Feb 2008
Date of revision:
Handle: RePEc:cdp:texdis:td325
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  1. Fabrício de Assis C. Vieira & Márcio Holland, 2006. "Crescimento Econômico Secular No Brasil, Modelo De Thirlwall E Termos De Troca," Anais do XXXIV Encontro Nacional de Economia [Proceedings of the 34th Brazilian Economics Meeting] 167, ANPEC - Associação Nacional dos Centros de Pósgraduação em Economia [Brazilian Association of Graduate Programs in Economics].
  2. Fagerberg, Jan, 1994. "Technology and International Differences in Growth Rates," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1147-75, September.
  3. Marco Crocco, 2002. "The concept of degrees of uncertainty in Keynes, Shackle, and Davidson," Nova Economia, Economics Department, Universidade Federal de Minas Gerais (Brazil), vol. 12(2), pages 11-28, July-Dece.
  4. Dosi, Giovanni, 1988. "Institutions and Markets in a Dynamic World," The Manchester School of Economic & Social Studies, University of Manchester, vol. 56(2), pages 119-46, June.
  5. J.S.L. McCombie & Mark Roberts, 2002. "The Role of the Balance of Payments in Economic Growth," Chapters, in: The Economics of Demand-Led Growth, chapter 6 Edward Elgar.
  6. Bernardes, Americo Tristao & Albuquerque, Eduardo da Motta e, 2003. "Cross-over, thresholds, and interactions between science and technology: lessons for less-developed countries," Research Policy, Elsevier, vol. 32(5), pages 865-885, May.
  7. Oliveira, Francisco H.P. & Jayme, Frederico Jr. & Lemos, Mauro B., 2006. "Increasing returns to scale and international diffusion of technology: An empirical study for Brazil (1976-2000)," World Development, Elsevier, vol. 34(1), pages 75-88, January.
  8. repec:fgv:epgrbe:v:50:n:2:a:4 is not listed on IDEAS
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