UNU-WIDER Structural Change, Technology, and Economic Growth: Brazil and the CIBS in a Comparative Perspective
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Structural Change, Technology, and Economic Growth: Brazil and the CIBS in a Comparative Perspective
Schumepterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in the international markets and to enter in sectors whose demand grows at higher rates. The paper compares Brazil and the CIBS from the point of view of the direction and intensity of structural change. It is suggested that structural change has been relatively weak in Brazil and that this is associated with a less dynamic growth performance since the 1980s.
- Publisher:
- UNU-WIDER
- Series:
- WIDER Research Paper
- Volume:
- 2008/105
- Title:
- Structural Change, Technology, and Economic Growth: Brazil and the CIBS in a Comparative Perspective
- Authors:
- Mario Cimoli, Wellington Pereira, Gabriel Porcile, and Fábio Scatolin
- Publication date:
- December 2008
- ISSN Web:
- 1810-2611
- ISBN 13 Web:
- 9789292301613
- Copyright holder:
- © UNU-WIDER
- Copyright year:
- 2008
- Keywords:
- structural change, convergence and divergence, economic growth
- JEL:
- O33, O43
- Project:
- Southern Engines of Global Growth
- Sponsor:
- The governments of Denmark (Royal Ministry of Foreign Affairs), Finland (Ministry for Foreign Affairs), Norway (Royal Ministry of Foreign Affairs), Sweden (Swedish International Development Cooperation Agency — Sida) and the United Kingdom (Department for International Development).
- Format:
- online