Indústria e Crescimento: Análise de Painel

Flavio Vieira, Ana Paula de Avellar and Michelle Veríssimo

No 6-2013, TD NEREUS from Núcleo de Economia Regional e Urbana da Universidade de São Paulo (NEREUS)

Abstract: The work develops an empirical investigation on the relevance and impact of industry / GDP, manufacture / GDP and industrial employment / total employment on long run growth using panel data estimation (System GMM). The results indicate that the impact of a 10% increase, over a five year period, in the industry share to GDP is associated to an increase in annual growth of 0.19% to 0.31% for the whole sample and from 0.22% to 0.27% for developing and emerging economies. When using the manufacture share to GDP the annual impact on growth ranges from 0.2% to 0.36%, and for the industrial employment share to total employment the annual impact on growth is 0.32% for the entire sample and from 0.4% to 0.51% for and emerging and developing countries. The results suggest a direct and statistically significant relation for industry (manufacture) share to GDP and industrial employment for long run growth.

Keywords: impact assessment; industry; GDP; employment; panel data; GMM (search for similar items in EconPapers)
JEL-codes: R10 (search for similar items in EconPapers)
Pages: 30 pages
Date: 2013
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Related works:
Working Paper: INDÚSTRIA E CRESCIMENTO: ANÁLISE DEPAINEL (2014)
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Persistent link: https://EconPapers.repec.org/RePEc:ris:nereus:2013_006

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