A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries

Detalhes bibliográficos
Autor(a) principal: Douglas Alencar
Data de Publicação: 2021
Outros Autores: Frederico Gonzaga Jayme Junior, Gustavo Britto
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Repositório Institucional da UFMG
Texto Completo: http://hdl.handle.net/1843/59634
Resumo: The aim of this research is to discuss the theory on productivity growth as well as its empirical applications. It emphasized the impact of the real exchange rate devaluation on productivity. The main research question is: does the real exchange rate have a positive or negative impact on productivity growth? Besides define a productivity equation that considers the relationship between productivity growth and real exchange rate an empirical experiment that estimates the productivity growth equation for a sample of Latin American countries was performed. Regarding to the real exchange rate and this variable taken in squared, the parameters are negative for all countries, indicating that real exchange rate devaluation does not increase productivity growth.
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spelling 2023-10-18T19:19:50Z2023-10-18T19:19:50Z20217429712714610.13133/2037-3643/166032037-3635http://hdl.handle.net/1843/59634The aim of this research is to discuss the theory on productivity growth as well as its empirical applications. It emphasized the impact of the real exchange rate devaluation on productivity. The main research question is: does the real exchange rate have a positive or negative impact on productivity growth? Besides define a productivity equation that considers the relationship between productivity growth and real exchange rate an empirical experiment that estimates the productivity growth equation for a sample of Latin American countries was performed. Regarding to the real exchange rate and this variable taken in squared, the parameters are negative for all countries, indicating that real exchange rate devaluation does not increase productivity growth.O objetivo desta pesquisa é discutir a teoria sobre o crescimento da produtividade, bem como sua aplicações empíricas. Enfatizou o impacto da desvalorização da taxa de câmbio real sobre produtividade. A principal questão de investigação é: a taxa de câmbio real tem um efeito positivo ou negativo? impacto no crescimento da produtividade? Além de definir uma equação de produtividade que considere o relação entre o crescimento da produtividade e a taxa de câmbio real, um experimento empírico que estima que a equação de crescimento da produtividade para uma amostra de países latino-americanos foi realizado. Em relação à taxa de câmbio real e a esta variável elevada ao quadrado, os parâmetros são negativas para todos os países, indicando que a desvalorização da taxa de câmbio real não aumenta crescimento da produtividade.engUniversidade Federal de Minas GeraisUFMGBrasilFCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICASPSL Quarterly ReviewProdutividade do trabalhoAmerica LatinaPost-KaleckianAggregate demandReal exchange rateProductivityReal wagesA post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countriesinfo:eu-repo/semantics/publishedVersioninfo:eu-repo/semantics/articlehttps://www.anpec.org.br/encontro/2018/submissao/files_I/i6-0d818fedd8f6258f1c331cdb46d3470b.pdfDouglas AlencarFrederico Gonzaga Jayme JuniorGustavo Brittoinfo:eu-repo/semantics/openAccessreponame:Repositório Institucional da UFMGinstname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGLICENSELicense.txtLicense.txttext/plain; charset=utf-82042https://repositorio.ufmg.br/bitstream/1843/59634/1/License.txtfa505098d172de0bc8864fc1287ffe22MD51ORIGINALA post-kaleckian model with productivity growth and real exchange rate applied to selected latin american countries.pdfA post-kaleckian model with productivity growth and real exchange rate applied to selected latin american countries.pdfapplication/pdf745925https://repositorio.ufmg.br/bitstream/1843/59634/2/A%20post-kaleckian%20model%20with%20productivity%20growth%20and%20real%20exchange%20rate%20applied%20to%20selected%20latin%20american%20countries.pdfa9f15d0971eecdde9d7a0af3416b79bcMD521843/596342023-10-18 16:34:00.759oai:repositorio.ufmg.br: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Repositório de PublicaçõesPUBhttps://repositorio.ufmg.br/oaiopendoar:2023-10-18T19:34Repositório Institucional da UFMG - Universidade Federal de Minas Gerais (UFMG)false
dc.title.pt_BR.fl_str_mv A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries
title A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries
spellingShingle A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries
Douglas Alencar
Post-Kaleckian
Aggregate demand
Real exchange rate
Productivity
Real wages
Produtividade do trabalho
America Latina
title_short A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries
title_full A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries
title_fullStr A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries
title_full_unstemmed A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries
title_sort A post-Kaleckian model with productivity growth and real exchange rate applied to selected latin american countries
author Douglas Alencar
author_facet Douglas Alencar
Frederico Gonzaga Jayme Junior
Gustavo Britto
author_role author
author2 Frederico Gonzaga Jayme Junior
Gustavo Britto
author2_role author
author
dc.contributor.author.fl_str_mv Douglas Alencar
Frederico Gonzaga Jayme Junior
Gustavo Britto
dc.subject.por.fl_str_mv Post-Kaleckian
Aggregate demand
Real exchange rate
Productivity
Real wages
topic Post-Kaleckian
Aggregate demand
Real exchange rate
Productivity
Real wages
Produtividade do trabalho
America Latina
dc.subject.other.pt_BR.fl_str_mv Produtividade do trabalho
America Latina
description The aim of this research is to discuss the theory on productivity growth as well as its empirical applications. It emphasized the impact of the real exchange rate devaluation on productivity. The main research question is: does the real exchange rate have a positive or negative impact on productivity growth? Besides define a productivity equation that considers the relationship between productivity growth and real exchange rate an empirical experiment that estimates the productivity growth equation for a sample of Latin American countries was performed. Regarding to the real exchange rate and this variable taken in squared, the parameters are negative for all countries, indicating that real exchange rate devaluation does not increase productivity growth.
publishDate 2021
dc.date.issued.fl_str_mv 2021
dc.date.accessioned.fl_str_mv 2023-10-18T19:19:50Z
dc.date.available.fl_str_mv 2023-10-18T19:19:50Z
dc.type.status.fl_str_mv info:eu-repo/semantics/publishedVersion
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
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status_str publishedVersion
dc.identifier.uri.fl_str_mv http://hdl.handle.net/1843/59634
dc.identifier.doi.pt_BR.fl_str_mv 10.13133/2037-3643/16603
dc.identifier.issn.pt_BR.fl_str_mv 2037-3635
identifier_str_mv 10.13133/2037-3643/16603
2037-3635
url http://hdl.handle.net/1843/59634
dc.language.iso.fl_str_mv eng
language eng
dc.relation.ispartof.none.fl_str_mv PSL Quarterly Review
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Universidade Federal de Minas Gerais
dc.publisher.initials.fl_str_mv UFMG
dc.publisher.country.fl_str_mv Brasil
dc.publisher.department.fl_str_mv FCE - DEPARTAMENTO DE CIÊNCIAS ECONÔMICAS
publisher.none.fl_str_mv Universidade Federal de Minas Gerais
dc.source.none.fl_str_mv reponame:Repositório Institucional da UFMG
instname:Universidade Federal de Minas Gerais (UFMG)
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