O processo de abertura comercial brasileira e o crescimento da produtividade
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...
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| Format: | Article |
| Language: | Portuguese |
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Universidade de São Paulo
2002-02-01
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| Series: | Economia Aplicada |
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| Online Access: | https://www.revistas.usp.br/ecoa/article/view/219892 |
| Summary: | 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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| ISSN: | 1413-8050 1980-5330 |