China's role growth of the brazilian economy: a counterfactual analysis of the export-led growth hypothesis
The objective of this paper is to test if the export-led growth hypothesis is valid for Brazil and if the result found is related to the growth of Brazilian exports to China. A counterfactual analysis was performed by the synthetic control methods to comparative case studies and the Johansen cointeg...
Main Authors: | , |
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Format: | Article |
Language: | Portuguese |
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Universidade de São Paulo
2018-04-01
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Series: | Economia Aplicada |
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Online Access: | http://www.revistas.usp.br/ecoa/article/view/139779 |
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author | Edson Roberto Vieira Clésio Lourenço Xavier |
author_facet | Edson Roberto Vieira Clésio Lourenço Xavier |
author_sort | Edson Roberto Vieira |
collection | DOAJ |
description | The objective of this paper is to test if the export-led growth hypothesis is valid for Brazil and if the result found is related to the growth of Brazilian exports to China. A counterfactual analysis was performed by the synthetic control methods to comparative case studies and the Johansen cointegration method and the Granger causality test were applied. The results suggest that the evolution of domestic exports in recent years is closely related to China’s imports of Brazilian products and that Brazil’s economic growth was already led by exports even before China became its main foreign market. |
first_indexed | 2024-12-11T13:33:51Z |
format | Article |
id | doaj.art-9203eb6a3544405c9d9debfb6f9bb2a7 |
institution | Directory Open Access Journal |
issn | 1413-8050 1980-5330 |
language | Portuguese |
last_indexed | 2024-12-11T13:33:51Z |
publishDate | 2018-04-01 |
publisher | Universidade de São Paulo |
record_format | Article |
series | Economia Aplicada |
spelling | doaj.art-9203eb6a3544405c9d9debfb6f9bb2a72022-12-22T01:05:10ZporUniversidade de São PauloEconomia Aplicada1413-80501980-53302018-04-0121310.11606/1413-8050/ea112558China's role growth of the brazilian economy: a counterfactual analysis of the export-led growth hypothesisEdson Roberto Vieira0Clésio Lourenço Xavier1Professor Adjunto da Universidade Federal de GoiásProfessor Adjunto da Universidade Federal de UberlândiaThe objective of this paper is to test if the export-led growth hypothesis is valid for Brazil and if the result found is related to the growth of Brazilian exports to China. A counterfactual analysis was performed by the synthetic control methods to comparative case studies and the Johansen cointegration method and the Granger causality test were applied. The results suggest that the evolution of domestic exports in recent years is closely related to China’s imports of Brazilian products and that Brazil’s economic growth was already led by exports even before China became its main foreign market.http://www.revistas.usp.br/ecoa/article/view/139779Export-led growthBrazil-ChinaEconomic growthCounterfactual analysis. |
spellingShingle | Edson Roberto Vieira Clésio Lourenço Xavier China's role growth of the brazilian economy: a counterfactual analysis of the export-led growth hypothesis Economia Aplicada Export-led growth Brazil-China Economic growth Counterfactual analysis. |
title | China's role growth of the brazilian economy: a counterfactual analysis of the export-led growth hypothesis |
title_full | China's role growth of the brazilian economy: a counterfactual analysis of the export-led growth hypothesis |
title_fullStr | China's role growth of the brazilian economy: a counterfactual analysis of the export-led growth hypothesis |
title_full_unstemmed | China's role growth of the brazilian economy: a counterfactual analysis of the export-led growth hypothesis |
title_short | China's role growth of the brazilian economy: a counterfactual analysis of the export-led growth hypothesis |
title_sort | china s role growth of the brazilian economy a counterfactual analysis of the export led growth hypothesis |
topic | Export-led growth Brazil-China Economic growth Counterfactual analysis. |
url | http://www.revistas.usp.br/ecoa/article/view/139779 |
work_keys_str_mv | AT edsonrobertovieira chinasrolegrowthofthebrazilianeconomyacounterfactualanalysisoftheexportledgrowthhypothesis AT clesiolourencoxavier chinasrolegrowthofthebrazilianeconomyacounterfactualanalysisoftheexportledgrowthhypothesis |