Teoria do crescimento liderado pelas exportações: uma avaliação empírica para o Brasil
Abstract
Among the various theories of growth, the export-led growth theory highlights the importance of exports on the level of development and productivity in an economy, due to the generation of economies of scale and greater efficiency. The analysis of the influence of exports on the level of productivity in Brazil is of fundamental importance, since conclusions about this relationship can prove to be useful for the formulation of public policies. This work empirically analyzed the impact of exports on productivity in the manufacturing industry in Brazil during the period 2002-2019. Based on time series techniques, the results showed that exports and productivity have a common long-term relationship. In addition, considering the estimates of an autoregressive vector model with error correction, there was evidence of the influence of exports on productivity, i.e., confirming the export-led growth theory.
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