Structural change, technology, and economic growth: Brazil and the CIBS in a comparative perspective

Mario Cimoli, Wellington Pereira (), Gabriel Porcile () and Fábio Scatolin

Economic Change and Restructuring, 2011, vol. 44, issue 1, 25-47

Abstract: Schumpeterian growth theory stresses the role of structural change in long run growth. Countries which increase the share of technology-intensive sectors in their economic structures benefit more from technological learning and innovation. In addition, they are more able to respond to changes in the international markets and to compete in sectors whose demand grows at higher rates. The paper compares Brazil (and to a lesser extent the CIBS group of countries) from the point of view of the direction and intensity of structural change. It is suggested that structural change has been relatively weak in Brazil and that this has been associated with a less dynamic growth performance since the 1980s. Copyright Springer Science+Business Media, LLC. 2011

Keywords: Structural change; Convergence and divergence; Economic growth; O33; O43 (search for similar items in EconPapers)
Date: 2011
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Working Paper: Structural Change, Technology, and Economic Growth: Brazil and the CIBS in a Comparative Perspective (2008)
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DOI: 10.1007/s10644-010-9095-3

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