Industrial Growth and Structural Change: Brazil in a Long-Run Perspective

Dante Aldrighi () and Renato Colistete ()

No 2013_10, Working Papers, Department of Economics from University of São Paulo (FEA-USP)

Abstract: This paper presents a long-run analysis of industrial growth and structural change in Brazil, from the coffee export economy in the nineteenth century to the present day. We focus on Brazil’s high economic growth in most of the twentieth century and the disruption caused by the collapse of debt-led growth in the early 1980s. We then examine the recent trends in economic growth and structural change, with a sectoral analysis of output, employment and productivity growth. Employing new data and estimates, we identify a sharp break with the earlier period of high outuput and productivity growth in Brazil’s manufacturing industry before the 1980s. From the 1990s, the relatively successful process of learning and technological advance by manufacturing firms that took place since the early industrialization has lost strength and Brazil’s productivity growth has declined and stagnated.

Keywords: Industrial Growth; Structural Change; Brazil (search for similar items in EconPapers)
JEL-codes: L60 N66 O14 (search for similar items in EconPapers)
Date: 2013-08-21
New Economics Papers: this item is included in nep-cse, nep-his, nep-lam and nep-res
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (7)

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