Diversification or specialization

Laura Barbosa de Carvalho and David Kupfer ()

Brazilian Journal of Political Economy, 2011, vol. 31, issue 4, 618-637

Abstract: Based on findings of Imbs and Wacziarg (2003), whose empirical study established the existence of a U-shaped pattern of the evolution of sectoral concentration in relation to per capita income, this paper aimed at determining the path of structural change followed by the Brazilian industry in the last decades and at comparing it to the pattern found by the authors and to the path followed by ed countries. The empirical work has verified that the stage of diversification of the Brazilian industrial structure has ended in lower levels of per capita income than in the studied countries. JEL Classification: O14; O30; O57.

Keywords: structural change; diversification; specialization; economic development (search for similar items in EconPapers)
Date: 2011
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