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The capital goods industry: diagnosis of the 2000-2012 period and perspectives based on the Brazilian economic scenario

Author

Listed:
  • Miguez, Thiago
  • Willcox, Luiz Daniel
  • Daudt, Gabriel

Abstract

For several reasons the capital goods industry (CGI) is strategic for Brazil. This study aims to analyze this industry’s recent behavior in a period when the Brazilian economy regained momentum. We will evaluate some opportunities for several segments in the Brazilian economy by breaking down investment into several activities while we simultaneously evaluate the Brazilian capital goods industry’s ability to benefit from these mentioned opportunities. Data from IBGE and MDIC will be used in this study and also from Capital Flow Tables (CFT) and from BNDES’ operations and estimates of future investments.

Suggested Citation

  • Miguez, Thiago & Willcox, Luiz Daniel & Daudt, Gabriel, 2015. "The capital goods industry: diagnosis of the 2000-2012 period and perspectives based on the Brazilian economic scenario," MPRA Paper 79365, University Library of Munich, Germany, revised May 2017.
    • Handle: RePEc:pra:mprapa:79365
    as

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    References listed on IDEAS

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    3. J. Bradford De Long & Lawrence H. Summers, 1991. "Equipment Investment and Economic Growth," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 106(2), pages 445-502.
    4. Magnus Blomström & Robert E. Lipsey & Mario Zejan, 1996. "Is Fixed Investment the Key to Economic Growth?," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 111(1), pages 269-276.
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    Keywords

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    JEL classification:

    • L16 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Industrial Organization and Macroeconomics; Macroeconomic Industrial Structure
    • L60 - Industrial Organization - - Industry Studies: Manufacturing - - - General
    • L62 - Industrial Organization - - Industry Studies: Manufacturing - - - Automobiles; Other Transportation Equipment; Related Parts and Equipment
    • L63 - Industrial Organization - - Industry Studies: Manufacturing - - - Microelectronics; Computers; Communications Equipment
    • L64 - Industrial Organization - - Industry Studies: Manufacturing - - - Other Machinery; Business Equipment; Armaments
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy

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