Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca
Autor(a) principal: | |
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Data de Publicação: | 2010 |
Outros Autores: | |
Tipo de documento: | Artigo |
Idioma: | eng |
Título da fonte: | Repositório Institucional do FGV (FGV Repositório Digital) |
Texto Completo: | http://hdl.handle.net/10438/6678 |
Resumo: | Explaining the Brazilian economic growth performance during the 20th is a challenging task to academics. As shown, Brazil had already experienced faster growth and recently it is far from such belle époque. Most explanation lies on conventional frameworks. This paper assesses the Thirlwall’s balance-of-payments constraint model to Brazilian economic growth in the period 1900-2005, highlighting the importance of the terms of trade. The results show, first, that the terms of trade are significant in the estimation of import demand function and change the income elasticity, especially in the first period of the sample (1900-1970), and, second, when the simplest Thirlwall’s model is controlled by terms of trade, it seems that such variable is important through export growth, which cause changes in economic performance. |
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Vieira, Fabrício de Assis C.Brito, Márcio Holland deEscolas::EESP2010-06-16T20:51:39Z2010-06-16T20:51:39Z2010-06-16http://hdl.handle.net/10438/6678Explaining the Brazilian economic growth performance during the 20th is a challenging task to academics. As shown, Brazil had already experienced faster growth and recently it is far from such belle époque. Most explanation lies on conventional frameworks. This paper assesses the Thirlwall’s balance-of-payments constraint model to Brazilian economic growth in the period 1900-2005, highlighting the importance of the terms of trade. The results show, first, that the terms of trade are significant in the estimation of import demand function and change the income elasticity, especially in the first period of the sample (1900-1970), and, second, when the simplest Thirlwall’s model is controlled by terms of trade, it seems that such variable is important through export growth, which cause changes in economic performance.engTextos para Discussão;206Brazilian economic growthBalance-of-payments constraintTerms of tradeThirlwall’s lawEconomiaEconomia - BrasilTermos de trocaBalanço de pagamentosCrescimento econômico secular no Brasil, modelo de thirlwall e termos de trocainfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlereponame:Repositório Institucional do FGV (FGV Repositório Digital)instname:Fundação Getulio Vargas (FGV)instacron:FGVinfo:eu-repo/semantics/openAccessORIGINALTD 206 - Fabrício de Assis C. Vieira; Marcio Holland.pdfTD 206 - Fabrício de Assis C. 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dc.title.por.fl_str_mv |
Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca |
title |
Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca |
spellingShingle |
Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca Vieira, Fabrício de Assis C. Brazilian economic growth Balance-of-payments constraint Terms of trade Thirlwall’s law Economia Economia - Brasil Termos de troca Balanço de pagamentos |
title_short |
Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca |
title_full |
Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca |
title_fullStr |
Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca |
title_full_unstemmed |
Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca |
title_sort |
Crescimento econômico secular no Brasil, modelo de thirlwall e termos de troca |
author |
Vieira, Fabrício de Assis C. |
author_facet |
Vieira, Fabrício de Assis C. Brito, Márcio Holland de |
author_role |
author |
author2 |
Brito, Márcio Holland de |
author2_role |
author |
dc.contributor.unidadefgv.por.fl_str_mv |
Escolas::EESP |
dc.contributor.author.fl_str_mv |
Vieira, Fabrício de Assis C. Brito, Márcio Holland de |
dc.subject.por.fl_str_mv |
Brazilian economic growth Balance-of-payments constraint |
topic |
Brazilian economic growth Balance-of-payments constraint Terms of trade Thirlwall’s law Economia Economia - Brasil Termos de troca Balanço de pagamentos |
dc.subject.eng.fl_str_mv |
Terms of trade Thirlwall’s law |
dc.subject.area.por.fl_str_mv |
Economia |
dc.subject.bibliodata.por.fl_str_mv |
Economia - Brasil Termos de troca Balanço de pagamentos |
description |
Explaining the Brazilian economic growth performance during the 20th is a challenging task to academics. As shown, Brazil had already experienced faster growth and recently it is far from such belle époque. Most explanation lies on conventional frameworks. This paper assesses the Thirlwall’s balance-of-payments constraint model to Brazilian economic growth in the period 1900-2005, highlighting the importance of the terms of trade. The results show, first, that the terms of trade are significant in the estimation of import demand function and change the income elasticity, especially in the first period of the sample (1900-1970), and, second, when the simplest Thirlwall’s model is controlled by terms of trade, it seems that such variable is important through export growth, which cause changes in economic performance. |
publishDate |
2010 |
dc.date.accessioned.fl_str_mv |
2010-06-16T20:51:39Z |
dc.date.available.fl_str_mv |
2010-06-16T20:51:39Z |
dc.date.issued.fl_str_mv |
2010-06-16 |
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info:eu-repo/semantics/article |
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article |
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http://hdl.handle.net/10438/6678 |
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http://hdl.handle.net/10438/6678 |
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eng |
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eng |
dc.relation.ispartofseries.por.fl_str_mv |
Textos para Discussão;206 |
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info:eu-repo/semantics/openAccess |
eu_rights_str_mv |
openAccess |
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