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The aim of this paper is to evaluate the role of the manufacturing sector in the development process through the first two laws of Kaldor. The first states that the higher the growth of industrial output, more significant is the growth rate of the product of the economy as a whole. The second...
Persistent link: https://www.econbiz.de/10011372167
This paper analyzes the evolution of the share of imported intermediate goods in the production process and its influence on the share of manufacturing in value added for the Brazilian economy, covering the period span 1995-2008. In a first step, we estimate input-output matrices, at constant...
Persistent link: https://www.econbiz.de/10010330768
The aim of this paper is to evaluate the role of the manufacturing sector in the development process through the first two laws of Kaldor. The first states that the higher the growth of industrial output, more significant is the growth rate of the product of the economy as a whole. The second...
Persistent link: https://www.econbiz.de/10010408466