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Estudios económicos
On-line version ISSN 2525-1295
Abstract
DE ASSIS CABRAL, Joilson and DE FREITAS CABRAL, Maria Viviana. Análise das exportações na lógica estruturalista-kaldoriana: evidências para o Brasil e a China. Estud. econ. [online]. 2019, vol.36, n.72, pp.31-61. ISSN 2525-1295.
This paper examined the role of the Brazilian and Chinese exports on the capacity to generate economic growth sustained following the Kaldorian-structuralist logic. The empirical analysis consisted in extracting, hypothetically, the external sector of both economies and, from this, to verify the technological content of the most impacted sectors. For China, the most impacted productive sectors were the sectors of high and medium technological intensities. This result suggests that the Chinese economy endogenized technological progress and achieved a cycle of economic growth sustained. For the Brazilian economy, the results are worrisome, since the sectors of low technological intensity, with low-income elasticity, were the most impacted. Thus, the Brazilian economy could suffer from a restriction of the balance of payments in the long run and could enter into a vicious cycle, making the sustained economic growth of the country unfeasible.
Keywords : Technological Content of Exports; Economic Growth; Input-Output Model; Hypothetical Extraction.