O processo de abertura comercial brasileira e o crescimento da produtividade
DOI:
https://doi.org/10.11606/1413-8050/ea219892Palabras clave:
trade liberalization, industrial productivity, market power, returns to scaleResumen
This article analyses the relationship between industrial productivity growth and the Brazilian trade liberalization program that began in 1988. Using a econometric model we estimated total factor productivity adjusted by returns to scale and market power. The results show that there is a high mark-up in the Brazilian transformation industry. This is a expected result because of high protection level in Brazilian economy in the past. Thus making adjustment the article show that total factor productivity without correction under- estimate the true productivity growth.
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Derechos de autor 2002 Economia Aplicada
Esta obra está bajo una licencia internacional Creative Commons Atribución-NoComercial 4.0.