two laws of Kaldor. The first states that the higher the growth of industrial output, more significant is the growth rate … relation between growth of manufacturing productivity and output growth in the manufacturing sector. Additionally, it is tested … factor that relaxes the constraint to growth, and the relevance of the exchange rate, because it is assumed that its level …

This paper analyzes the Brazilian growth pattern during the post-liberalization period, emphasizing the structural … links between finance and productive capital accumulation. The results indicate a finance-led growth regime in the period …

This paper argues that the Brazilian economy went recently through a process of accelerated growth driven by exports … and fixed capital formation. Although the pace of growth was more robust than in the 1990 decade, we can still see the … jeopardize the very sustainability of the current pace of growth in an international context that is characterized by the …