The dynamics of manufacturing industry and economic growth in brazil in the period 1990 - 2013
DOI:
https://doi.org/10.4025/actascihumansoc.v38i2.32373Keywords:
regressive specialization, technology, industrial transformation valueAbstract
This study investigated the development of the manufacturing industry in the 1996-2013 period, analyzing problems involving the loss of participation and dynamism in the current national economic scenario. Initially, this study demonstrated the importance of the industry in the development and growth of economies by means of Kaldor theory, which deals with the close relationship between the growth of the sector and the economy in general. Subsequently, we analyzed the behavior of the manufacturing industry since 1990, based on data on the value of industrial manufacturing, labor productivity in industry, gross formation of fixed capital and components of foreign trade. It was observed that, in recent decades, there have been major changes in the Brazilian productive structure, but the results only confirm the first, second and third laws of Kaldor, i.e., Brazil GDP is closely related to the growth of the industrial product, with a positive causal relationship to each other, as well as exports.
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