Thirlwall ou Solow? Uma análise para a economia brasileira entre 1947 e 2008
Luciano Nakabashi ()
No 110, Working Papers from Universidade Federal do Paraná, Department of Economics
Some evidences and theories point to the existence of a relationship between economic growth and current account balance. According to this approach, the external sector performance is a key element for an economy to reach sustainable rates of investment and economic growth. On the other hand, there is in the economic growth literature some emphasis in the association between economic performance and production factors accumulation. Taking into consideration these two theoretical approaches, the present study aims to develop a model relating these two different approaches and to investigate the balance of payments constraint impactson physical and human capitals investments and, consequently, on the Brazilian economy performance, between 1947 and 2008.
Keywords: exports; physical capital; human capital; exchange rate; economic performance. (search for similar items in EconPapers)
JEL-codes: C20 O11 O14 O23 O54 (search for similar items in EconPapers)
Pages: 25 pages
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Persistent link: https://EconPapers.repec.org/RePEc:fup:wpaper:0110
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