Industrial policy in Brazil: empirical evidence in a context of structural changes (2007-2020)

Luís Felipe Giesteira (), Thiago Caliari () and Felipe Orsolin-Teixeira ()

Brazilian Journal of Political Economy, 2024, vol. 44, issue 3, 502-523

Abstract: This work performs a comparative analysis of the economic and technologicaldynamism of industrial sectors in Brazil during the period 2007-2020. It aims to identify correspondencesbetween these result variables and the practice of industrial policy in industrialsectors. The results suggest feeble coordination among the use of instruments, that mostof the sectors did not differ from the general patterns of the manufacturing industry, that exceptionalperformances are not related to the diversity of instruments, but that the sectors of greater technological intensity seem to have responded particularly well to the combinationof BNDES and FINEP funding and use of public purchasing power. JEL Classification: L52.

Keywords: Industrial policy; Brazil; economic and technological results; cluster analysis; multiple correspondence analysis (search for similar items in EconPapers)
Date: 2024
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