The economics of demand-led growth: theory and evidence for Brazil

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cepal.bibLevelSección o Parte de un Documento
cepal.callNumberLC/G.2518-P
cepal.docTypeRevistas
cepal.physicalDescriptiongráficos., tablas.
cepal.topicEngMACROECONOMICS
cepal.topicSpaMACROECONOMÍA
cepal.workareaEngECONOMIC DEVELOPMENT
cepal.workareaSpaDESARROLLO ECONÓMICO
dc.contributor.authorCosta da Silva, Guilherme Jonas
dc.contributor.authorGuimarães e Souza, Gustavo José
dc.contributor.authorNabakashi, Luciano
dc.contributor.authorOreiro, José Luis
dc.coverage.spatialEngBRAZIL
dc.coverage.spatialSpaBRASIL
dc.date.accessioned2014-01-02T18:46:02Z
dc.date.available2014-01-02T18:46:02Z
dc.date.issued2012-04
dc.descriptionIncludes bibliography
dc.description.abstractThis article describes the theory of demand-led growth and provides evidence that a demand-led growth regime exists in the Brazilian economy. Based on the methodology developed by Atesoglu (2002), econometric tests of this hypothesis show that almost 85% of the growth rate of real GDP in the period 1990-2005 is explained by demand-side variables, mainly exports and government consumption. As the current fiscal crisis rules out fiscal expansion, Brazil's only option is to adopt an export-led growth model. The article also shows that the maintenance of undervalued real exchange rate is a major determinant of export growth in developing countries such as Brazil.
dc.formatTexto
dc.format.extentpáginas. 151-168
dc.format.mimetypeapplication/pdf
dc.identifier.unSymbolLC/G.2518-P
dc.identifier.urihttps://hdl.handle.net/11362/11588
dc.language.isoeng
dc.physicalDescriptiongrafs., tabls.
dc.physicalDescriptionp. 151-168
dc.relation.isPartOfCEPAL Review
dc.relation.isPartOfNo106
dc.relation.isPartOfSeriesCEPAL Review
dc.relation.translationLanguagespa
dc.relation.translationRecordLa economía del crecimiento impulsado por la demanda. Teoría y evidencia respecto del Brasil
dc.relation.translationUrihttps://hdl.handle.net/11362/11533
dc.rights.coarDisponible
dc.subject.unbisEngECONOMIC GROWTH
dc.subject.unbisEngDEVELOPMENT MODELS
dc.subject.unbisEngSUPPLY AND DEMAND
dc.subject.unbisEngFOREIGN EXCHANGE RATES
dc.subject.unbisEngEXPORTS
dc.subject.unbisEngMACROECONOMICS
dc.subject.unbisEngECONOMETRIC MODELS
dc.subject.unbisSpaCRECIMIENTO ECONOMICO
dc.subject.unbisSpaMODELOS DE DESARROLLO
dc.subject.unbisSpaOFERTA Y DEMANDA
dc.subject.unbisSpaTIPOS DE CAMBIO
dc.subject.unbisSpaEXPORTACIONES
dc.subject.unbisSpaMACROECONOMIA
dc.subject.unbisSpaMODELOS ECONOMETRICOS
dc.titleThe economics of demand-led growth: theory and evidence for Brazil
dc.type.coarartículo
dspace.entity.typePublication
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relation.isAuthorOfPublication90a06ed3-0cc1-453c-b9a5-2be22a1bee6b
relation.isAuthorOfPublication.latestForDiscoveryb0dbf558-938f-483a-9cd7-43a42377274e
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