Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach

Detalhes bibliográficos
Autor(a) principal: Nassif, André
Data de Publicação: 2017
Outros Autores: Feijó, Carmem, Araujo, Eliane
Tipo de documento: Artigo
Idioma: eng
Título da fonte: Revista Brasileira de Inovação (Online)
Texto Completo: https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8650856
Resumo: In the 2000-2008 period, which covers the analysis of this paper, while the average real GDP growth in Brazil was 3.7 percent per year, labor productivity in the manufacturing industry had a negative variation of 1.0 percent per year. In Brazil, there has been a “cliché” evaluation of the relatively low economic growth rates in the period as being the result of low labor productivity growth in the last few decades. However, according to the so-called Kaldor-Verdoorn law, the reverse could also be true: low growth rates of labor productivity in Brazil could be an effect of low growth rates of the real GDP. Based on Kaldorian assumptions, we regressed the change in labor productivity of 21 Brazilian manufacturing industries, covering the 2000-2008 period, on three main variables: the real GDP (which captures the Kaldor-Verdoorn law), gross investment to value added ratio, and technological innovation. Our results confirmed the validity of the Kaldor-Verdoorn law, as the real GDP growth was the most significant variable to explain the behavior of labor productivity in the manufacturing industries in Brazil in the 2000s, followed by the gross investment rate.
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spelling Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approachEstimación econométrica de la productividad laboral en la industria manufacturera brasileña en la década de 2000: un enfoque kaldorianoEstimativa econométrica da produtividade do trabalho na indústria manufatureira brasileira nos anos 2000: uma abordagem kaldorianaProductividad laboralFabricaciónBrasilLabor productivity Manufacturing BrazilE23L16L23O12O14Produtividade do trabalhoManufatura BrasilE23L16L23O12O14In the 2000-2008 period, which covers the analysis of this paper, while the average real GDP growth in Brazil was 3.7 percent per year, labor productivity in the manufacturing industry had a negative variation of 1.0 percent per year. In Brazil, there has been a “cliché” evaluation of the relatively low economic growth rates in the period as being the result of low labor productivity growth in the last few decades. However, according to the so-called Kaldor-Verdoorn law, the reverse could also be true: low growth rates of labor productivity in Brazil could be an effect of low growth rates of the real GDP. Based on Kaldorian assumptions, we regressed the change in labor productivity of 21 Brazilian manufacturing industries, covering the 2000-2008 period, on three main variables: the real GDP (which captures the Kaldor-Verdoorn law), gross investment to value added ratio, and technological innovation. Our results confirmed the validity of the Kaldor-Verdoorn law, as the real GDP growth was the most significant variable to explain the behavior of labor productivity in the manufacturing industries in Brazil in the 2000s, followed by the gross investment rate.En el período 2000-2008, que abarca el análisis de este trabajo, mientras que el crecimiento promedio del PIB real en Brasil fue de 3,7% anual, la productividad laboral en la industria manufacturera tuvo una variación negativa de 1,0% anual. En Brasil, ha sido un “cliché” evaluar las tasas relativamente bajas de crecimiento económico en el período como resultado del bajo crecimiento de la productividad laboral en las últimas décadas. Sin embargo, bajo la ley de Kaldor-Verdoorn, lo contrario también podría ser cierto: las bajas tasas de crecimiento de la productividad laboral de Brasil podrían ser el resultado de bajas tasas de crecimiento del PIB real. Con base en los supuestos de Kaldor, realizamos una regresión de la tasa de crecimiento de la productividad laboral de 21 industrias manufactureras contra tres variables principales: el PIB real (que captura la ley de Kaldor-Verdoorn), la tasa de inversión y un proxy de la innovación tecnológica. Nuestros resultados confirmaron la validez de la ley de Kaldor-Verdoorn, ya que el crecimiento del PIB real fue la variable más significativa para explicar el comportamiento de la productividad laboral en la industria manufacturera brasileña en la década de 2000, seguida de la tasa de inversión bruta.No período 2000-2008, que cobre a análise deste trabalho, enquanto o crescimento médio do PIB real no Brasil foi de 3,7% ao ano, a produtividade do trabalho na indústria de transformação apresentou variação negativa de 1,0% ao ano. No Brasil, tem sido um “clichê” avaliar as relativamente baixas taxas de crescimento econômico no período como resultado do baixo crescimento da produtividade do trabalho nas últimas décadas. No entanto, de acordo com a lei Kaldor-Verdoorn, o recíproco também poderia ser verdade: as baixas taxas de crescimento da produtividade do trabalho no Brasil poderiam ser o resultado das baixas taxas de crescimento do PIB real. Com base nos pressupostos de Kaldor, regredimos a taxa de crescimento da produtividade do trabalho de 21 indústrias manufatureiras contra três variáveis principais: o PIB real (que captura a lei Kaldor-Verdoorn), a taxa de investimento e uma proxy para inovação tecnológica. Nossos resultados confirmaram a validade da lei de Kaldor-Verdoorn, pois o crescimento do PIB real foi a variável mais significativa para explicar o comportamento da produtividade do trabalho na indústria manufatureira no Brasil na década de 2000, seguido da taxa de investimento bruto.Universidade Estadual de Campinas2017-11-09info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionTextoTextoinfo:eu-repo/semantics/otherapplication/pdfhttps://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/865085610.20396/rbi.v17i1.8650856Revista Brasileira de Inovação; Vol. 17 No. 1 (2018); 9-32Revista Brasileira de Inovação; Vol. 17 Núm. 1 (2018); 9-32Revista Brasileira de Inovação; v. 17 n. 1 (2018); 9-322178-2822reponame:Revista Brasileira de Inovação (Online)instname:Universidade Estadual de Campinas (UNICAMP)instacron:UNICAMPenghttps://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8650856/29725https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8650856/27229Brazil; 2000-2008Brasil; 2000-2008Brasil; 2000-2008Copyright (c) 2018 André Nassif, Carmem Feijó, Eliane Araujohttps://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessNassif, AndréFeijó, CarmemAraujo, Eliane2022-08-09T15:39:51Zoai:ojs.periodicos.sbu.unicamp.br:article/8650856Revistahttps://periodicos.sbu.unicamp.br/ojs/index.php/rbiPUBhttps://periodicos.sbu.unicamp.br/ojs/index.php/rbi/oai||rbi@ige.unicamp.br2178-28221677-2504opendoar:2022-08-09T15:39:51Revista Brasileira de Inovação (Online) - Universidade Estadual de Campinas (UNICAMP)false
dc.title.none.fl_str_mv Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach
Estimación econométrica de la productividad laboral en la industria manufacturera brasileña en la década de 2000: un enfoque kaldoriano
Estimativa econométrica da produtividade do trabalho na indústria manufatureira brasileira nos anos 2000: uma abordagem kaldoriana
title Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach
spellingShingle Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach
Nassif, André
Productividad laboral
Fabricación
Brasil
Labor productivity
Manufacturing
Brazil
E23
L16
L23
O12
O14
Produtividade do trabalho
Manufatura
Brasil
E23
L16
L23
O12
O14
title_short Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach
title_full Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach
title_fullStr Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach
title_full_unstemmed Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach
title_sort Econometric estimation of labor productivity in the brazilian manufacturing sector in the 2000s:: a kaldorian approach
author Nassif, André
author_facet Nassif, André
Feijó, Carmem
Araujo, Eliane
author_role author
author2 Feijó, Carmem
Araujo, Eliane
author2_role author
author
dc.contributor.author.fl_str_mv Nassif, André
Feijó, Carmem
Araujo, Eliane
dc.subject.por.fl_str_mv Productividad laboral
Fabricación
Brasil
Labor productivity
Manufacturing
Brazil
E23
L16
L23
O12
O14
Produtividade do trabalho
Manufatura
Brasil
E23
L16
L23
O12
O14
topic Productividad laboral
Fabricación
Brasil
Labor productivity
Manufacturing
Brazil
E23
L16
L23
O12
O14
Produtividade do trabalho
Manufatura
Brasil
E23
L16
L23
O12
O14
description In the 2000-2008 period, which covers the analysis of this paper, while the average real GDP growth in Brazil was 3.7 percent per year, labor productivity in the manufacturing industry had a negative variation of 1.0 percent per year. In Brazil, there has been a “cliché” evaluation of the relatively low economic growth rates in the period as being the result of low labor productivity growth in the last few decades. However, according to the so-called Kaldor-Verdoorn law, the reverse could also be true: low growth rates of labor productivity in Brazil could be an effect of low growth rates of the real GDP. Based on Kaldorian assumptions, we regressed the change in labor productivity of 21 Brazilian manufacturing industries, covering the 2000-2008 period, on three main variables: the real GDP (which captures the Kaldor-Verdoorn law), gross investment to value added ratio, and technological innovation. Our results confirmed the validity of the Kaldor-Verdoorn law, as the real GDP growth was the most significant variable to explain the behavior of labor productivity in the manufacturing industries in Brazil in the 2000s, followed by the gross investment rate.
publishDate 2017
dc.date.none.fl_str_mv 2017-11-09
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Texto
Texto
info:eu-repo/semantics/other
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8650856
10.20396/rbi.v17i1.8650856
url https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8650856
identifier_str_mv 10.20396/rbi.v17i1.8650856
dc.language.iso.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8650856/29725
https://periodicos.sbu.unicamp.br/ojs/index.php/rbi/article/view/8650856/27229
dc.rights.driver.fl_str_mv Copyright (c) 2018 André Nassif, Carmem Feijó, Eliane Araujo
https://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2018 André Nassif, Carmem Feijó, Eliane Araujo
https://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.coverage.none.fl_str_mv Brazil; 2000-2008
Brasil; 2000-2008
Brasil; 2000-2008
dc.publisher.none.fl_str_mv Universidade Estadual de Campinas
publisher.none.fl_str_mv Universidade Estadual de Campinas
dc.source.none.fl_str_mv Revista Brasileira de Inovação; Vol. 17 No. 1 (2018); 9-32
Revista Brasileira de Inovação; Vol. 17 Núm. 1 (2018); 9-32
Revista Brasileira de Inovação; v. 17 n. 1 (2018); 9-32
2178-2822
reponame:Revista Brasileira de Inovação (Online)
instname:Universidade Estadual de Campinas (UNICAMP)
instacron:UNICAMP
instname_str Universidade Estadual de Campinas (UNICAMP)
instacron_str UNICAMP
institution UNICAMP
reponame_str Revista Brasileira de Inovação (Online)
collection Revista Brasileira de Inovação (Online)
repository.name.fl_str_mv Revista Brasileira de Inovação (Online) - Universidade Estadual de Campinas (UNICAMP)
repository.mail.fl_str_mv ||rbi@ige.unicamp.br
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