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A Lei de Thirlwall Multissetorial com fluxos de capitais: uma análise do plano nacional de exportações (2015-2018) usando simulações computacionais.

Authors :
DA SILVA, GUILHERME JONAS C.
COSTA SANTOS, JÚLIO FERNANDO
BAPTISTA, LÍVIA NALESSO
Source :
Brazilian Journal of Political Economy / Revista de Economia Política. jul-set2017, Vol. 37 Issue 3, p636-655. 20p.
Publication Year :
2017

Abstract

This paper aims to advance the debate on Multi-sectoral Thirlwall's Law, including sectorial capital flows and its implications for the new Brazilian economy's growth strategy, which aims to stimulate exports through diversification of products, the aggregation value and increased technology intensity of Brazilian exports. To this end, it develops a multi-sectoral model with sectorial capital flows and, as a result, are carried out some computer simulations considering the main sectors and economic partners of the country (China, United States and the Euro Block). The results suggest that the best strategy is to encourage specific sectors, that is, increase the participation of the sectors that the country has comparative advantage in relation to each of its trading partners (Manufactured - US , Semi-manufatured - Europe, Primary - China). Despite the results obtained in the simulation, the model templates proposed by Hausmann et al. (2004), can generate the acceleration of economic growth. Thus, the National Plan for Exports (2015-2018) should give preference to the expansion of incentives to sectors that have high ratios of elasticity in the sense of Thirlwall. [ABSTRACT FROM AUTHOR]

Details

Language :
Portuguese
ISSN :
01013157
Volume :
37
Issue :
3
Database :
Academic Search Index
Journal :
Brazilian Journal of Political Economy / Revista de Economia Política
Publication Type :
Academic Journal
Accession number :
124649983
Full Text :
https://doi.org/10.1590/0101-31572017v37n03a10