Crescimento e produtividade na indústria brasileira: impactos da orientação comercial

Abstract

The tent explores the relationship between total factor productivity (TFP) change, output growth and variables related to trade orientation in Brazil from 1975 to 1985. The results for the Brazilian manufacturing industries indicate that TFP change is positively associated with output growth, the relationship being stronger for the slow-growth period 1980/85 than for the high-growth quinquennium 1975/80. In the former period TFP change accounts for nearly all of output change. A multisectoral demandside decomposition model highlights the role of trade-related variables in accounting for a sizeable proportion of output change. An additional preliminary result is the finding of positive impacts of trade orientation on the pattern of TFP change across industries.