Crescimento econÃmico secular no Brasil: uma investigaÃÃo empÃrica a partir da abordagem do crescimento com restriÃÃo externa

AUTOR(ES)
DATA DE PUBLICAÇÃO

2007

RESUMO

The main goal of this work is to study the Brazilian long run economic growth using the Keynesian approach of Balance-of-Payments Constrained Growth. Besides highlighting the importance of the terms of trade to the Brazilian economic growth in the periods 1900-2005 and 1900-1970, this work assess the importance of the capital flows to the Brazilian economic growth in 1971-2005. The econometric procedure to be used is the cointegration technique, which allows studying cointegrated variables. The elasticities-income of demand for imports for the periods 1900-2005, 1900-1970 and 1971-2005 will be calculate using the estimated import demand functions in these periods. Then, these elasticities will be used in the estimation of the rate of economic growth compatible with the Brazilian trade account equilibrium, expressed by the âsimple ruleâ, and extended versions of the model which include terms of trade, capital flows and net foreign interest payments.

ASSUNTO(S)

termos de troca lei de thirlwall balance-of-payments constraint economia balanÃo de pagamentos - brasil restriÃÃo ao balanÃo de pagamentos long run economic growth capital flows desenvolvimento econÃmico - brasil crescimento econÃmico de longo prazo fluxo de capitais terms of trade thirlwallÂs law fluxo de capitais - brasil

ACESSO AO ARTIGO

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