TECHNOLOGICAL INTENSITY LEVEL AND MULTI-SECTORAL THIRLWALL’S LAW IN BRAZIL (1998-2014)

Authors

DOI:

https://doi.org/10.22456/2176-5456.86496

Keywords:

External constraint, Sectoral composition and growth, Brazilian economy

Abstract

The aim of this paper is to estimate the Multi-Sectoral Thirlwall’s Law for Brazil (1998-2014), considering the regional heterogeneities in productive sectors for each
level of technological intensity. For that purpose, a panel data, with the system GMM
methodology, was used to estimate income elasticities from brazilian states’ exports and
imports. The main results suggest that there was a constraint to the Brazilian economic growth and that the categories of products classified as high and medium-high
technological intensity have higher income elasticity of demand for exports.

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Author Biographies

Felipe Orsolin Teixeira, Universidade Federal do Rio Grande do Sul (UFRGS), Programa de Pós-Graduação em Economia (PPGE). Porto Alegre, Rio Grande do Sul, Brasil.

Doutorando em Economia pela Universidade Federal do Rio Grande do Sul

Fabrício José Missio, Universidade Federal de Minas Gerais (UFMG), Departamento de Economia. Belo Horizonte, Minas Gerais, Brasil.

Professor da Universidade Federal de Minas Gerais (Cedeplar/UFMG)

Published

2021-03-09

How to Cite

Teixeira, F. O., & Missio, F. J. (2021). TECHNOLOGICAL INTENSITY LEVEL AND MULTI-SECTORAL THIRLWALL’S LAW IN BRAZIL (1998-2014). Análise Econômica, 39(78). https://doi.org/10.22456/2176-5456.86496