Endogeneidade das elasticidades-renda nos modelos de crescimento com restrição externa: uma resenha

  • Fabricio J. Missio Universidade Estadual de Mato Grosso do Sul
Palavras-chave: Crescimento. Restrição externa e câmbio real.

Resumo

O objetivo do trabalho é fazer uma revisão dos fundamentos e dos desenvolvimentos recentes sobre a hipótese de endogeneidade das elasticidades-renda do comércio internacional dentro da abordagem dos modelos de crescimento com restrição do balanço de pagamentos. Enfatizam-se os trabalhos que admitem essa endogeneidade em relação ao nível da taxa real de câmbio e que se complementam ao utilizarem estruturas formais semelhantes. Os principais resultados mostram a importância das elasticidades setoriais, do efeito composição e do câmbio real como instrumento estratégico para o desenvolvimento econômico.

Downloads

Não há dados estatísticos.

Referências

Araujo, R. A. (2012), “Efeitos de variações cambiais em uma abordagem de dinâmica de mudança estrutural à teoria do crescimento restrito pelo balanço de pagamentos”, Economia e Sociedade (UNICAMP. Impresso), 21, 585-606.

Araujo, R. A.; Lima, G. T. (2007), “A structural economic dynamics approach to balance of-payments-constrained growth”, Cambridge Journal of Economics, 31 (5), 755-774.

Barbosa-Filho, N. (2006), “Exchange rates, growth and inflation”, Paper presented at the Annual Conference on Development and Change, Campos do Jordão, Brazil, November.

Baldwin, R. and Krugman, P. (1989), “Persistent Trade Effects of Large Exchange Rate Shocks”, The Quaterly Journal of Economics, 104(4), 635-654.

Bértola, L.; Higachi, H.; Porcile, G. (2002), “Balance-of-payments-constrained growth in Brazil: a test of Thirlwall’s Law, 1890-1973”, Journal of Post Keynesian Economics, 25 (11), 123-140.

Botta, A. (2009), “A structuralist north-south model on structural change, economic growth and catching-up”, Structural change and Economic Dynamics, 20, 61-73.

Bresser-Pereira, L. C., Oreiro, J. L. and Marconi, N. (2015), “Developmental Macroeconomics: New Developmentalism as a Growth Strategy”, London: Routledge.

Carvalho, V. R.; Lima, G. T. (2009), “Estrutura produtiva, restrição externa e crescimento econômico: a experiência brasileira”, Economia e Sociedade, Campinas, 18 (1), 31-60.

Cimoli, M.; Porcile, G. (2011), “Global growth and International Cooperation: a Structuralist Perspective”, Cambridge Journal of Economics, v. 35 (2), 383-400.

Cimoli, M.; Porcile, G. and Rovira, S. (2010), “Structural Change and the BOP Constraint: Why did Latin America Fail to Converge?”, Cambridge Journal of Economics, 34 (2), 389-411.

Dixon, R.; Thirwall, A. (1975), “A model of regional growth-rate differences on kaldorian lines”, In: J. E. King, 1994, Economic growth in theory and practice, Edward Elgar, Aldershot, n. 43.

Elliot, D.; Rhodd, R. (1999), “Explaining growth rate differences in highly indebted countries: an extension to Thirlwall and Hussain”, Applied Economics, 31, 1145-1148.

Ferrari, M. A. R; Freitas, F. N. P; Barbosa-Filho, N. H. (2013), “A taxa de câmbio real e a restrição externa: uma proposta de releitura com elasticidades endógenas”, Revista de Economia Política, 33 (1), 60-81.

Frenkel, R; Taylor, L. (2006), “Real exchange rate, Monetary policy and employment”, DESA Working Paper, n. 19.

Furtado, C. (1964), “Development and Underdevelopment”, Rio de Janeiro, Fundo de Cultura.

________. (1974), “Teoría y política del desarrollo económico”, Cidade do México: Siglo XXI.

Gabriel, L. F.; Missio, F. J. (2014), “Sistema Nacional de Inovação em um Modelo com Restrição Externa Externa”, In: 42° Encontro Nacional de Economia (ANPEC), 2014, Natal-RN.

Gabriel, L F.; Oreiro, J. L.; Jayme Jr., F. G. (2015), “A North-South Model of Economic Growth, Technological Gap, Structural Change and Real Exchange Rate”, In: 41st Eastern Economic Association Annual Conference, New York.

Gouvêa, R. R.; Lima, G. T. (2010), “Structural change, balance-of-payments constraint, and economic growth: evidence from the multisectoral Thirlwall's law”, Journal of Post Keynesian Economics, 33, 169-204.

Holland, M.; Vieira, F.; Canuto, O. (2004), “Economic growth and the balance-of-payments constraint in Latin America”, Investigación Económica, v. LXIII, 247.

Jayme Jr., F. G; Resende, M. F. C. (2009), “Crescimento econômico e restrição externa: teoria e a experiência brasileira”, Rio de Janeiro: Livro IPEA, Cap. 1, 9-36.

Jayme Jr., F. G. (2003), “Balance-of-payments-constrained economic growth in Brazil”, Revista de Economia Política, 23 (1), 62-84.

______.(2007), “Growth Under External Constraints in Brazil: A Post Keynesian Approach”, In: Richard Holt; Steven Pressman. (Org.). Empirical Post Keynesian Economics: Looking at the Real World. New York: M.E. Sharpe, 305-328.

Kaldor, N. (1966), “Causes of the slow rate of economic growth of the United Kingdom”, Cambridge: Cambridge University Press.

León-Ledesma, M. (2002), “Cumulative growth and the catching-up debate from a dis-equilibrium standpoint”, In: MCCOMBIE, J.S.L. PUGNO, M. e SORO, B. (eds.) Productivity Growth and Economic Performance: Essays on Verdoorn’s Law. New York: Palgrave, Macmillan.

Llerena, P.; Lorentz, A. (2004a), “Co-Evolution of Macro-Dynamics and Technological Change: an Alter¬native View on Growth”, Revue d’économie industrielle, 105, 47-70.

________. (2004b), “Alternative Theories on Economic Growth and the Co-evolution of Macro-Dynamics and Technological Change: A survey”, LEM Working Paper Series, February.

Lopez, J.; Cruz, A. (2000), “Thirlwall’s Law and beyond: the Latin American experience”, Journal of Post Keynesian Economics, 22 (3), 477-495.

McCombie, J.; Roberts, M. (2002), “The role of the balance of payments in economic growth”, In Setterfield, M. (org.). The Economics of Demand Led-Growth: challenging the supply-side vision of the long run. Edward Elgar: Aldershot, 87-114.

McCombie, J.; Thirlwall, A. (1994), “Economic growth and the balance of payments constraint”, New York: St. Martin’s Press.

Missio, F. J. (2012), “Câmbio e Crescimento na Abordagem Keynesiana-Estruturalista”, Tese de Doutorado em Economia do Centro de Desenvolvimento e Planejamento Regional da Faculdade de Ciências Econômicas da Universidade Federal de Minas Gerais, 293 p.

Missio, F.; Jayme Jr., F. G. (2012), “Structural Heterogeneity and Endogeneity of Elasticities on the Balance of Payments Constrained Growth Model”, In: Souziakis, Elias; Cerqueira, Pedro. (Org.). Models of Balance of Payments Constrained Growth. 1ed. London: Palgrave, 1, 239-267.

_______. (2013), “Restrição Externa, Câmbio e Crescimento em um Modelo com Progresso Técnico Endógeno”, Economia e Sociedade (UNICAMP. Impresso), 22 (2), 367-407.

Missio, F. J.; Araújo, R. A.; Jayme Jr.; F. G. (2013), “An Extended SED Approach to BPCG: Level of the Real Exchange Rate and Endogenous Elasticities”, Paper presented at the Eastern Economic Association Meetings, New York - EUA.

Missio, F. J.; Jayme Jr., F. G.; Conceição, O. A. C. (2015), “O problema das elasticidades nos modelos de crescimento com restrição externa: Contribuições ao debate”, Revista de Estudos Econômicos (USP), 45, 317-346.

Oreiro, J. L. C.; Missio, F.; Jayme Jr., F. G. (2015), “Capital Accumulation, Structural Change and Real Exchange Rate in a Keynesian-Structuralist Growth Model”, Panoeconomicus, 62, 237-256.

Oreiro, J. L. C. (2016), “Inconsistency and over-determination in balance of payments constrained growth model: a note”, Review of Keynesian Economics (to be publish).

Palley, T. I. (1996), “Growth theory in a Keynesian mode: some Keynesian foundations for new endogenous growth theory”, Journal of Post Keynesian Economics, 19 (1), 113-135.

Pasinetti, L. (1981), “Structural change and economic growth: a theoretical essay on the dynamics of the wealth of nations”, Cambridge: Cambridge University Press.

_______. (1993), “Structural economic dynamics: a theory of the economic consequences of human learning”, Cambridge: Cambridge University Press.

Porcile, G.; Lima, G.T. (2010), “Real exchange rate and elasticity of labour supply in a balance-of-payments-constrained macrodynamics”, Cambridge Journal of Economics, 34(6), 1019-1039

Prebisch, R. (1949), “Introduction: The economic development of Latin America and its principal problems”, Economic Survey of Latin America 1948, Santiago, Chile, ECLAC. Also published in ECLAC, Cincuenta años de pensamiento en la CEPAL: textos seleccionados, 1, Mexico City, Fondo de Cultura Económica, 1998.

Ramzi, A. Rapetti, M and Skott, P. (2012), “The real exchange rate and economic development”, Structural Change and Economic Dynamics, 23, 151-169.

Resende, M. F. C.; Torres, D. R. (2008), “National Innovation System, Trade Elasticities and Economic Growth”, XXXVI Encontro Nacional de Economia (ANPEC), Salvador.

Ribeiro, R. S. M., McCombie, J. S. L. and Lima, G. T. (2015), “Exchange Rate, Income Distribution and Technical Change in a Balance-of- Payments Constrained Growth Model”, Department of Economics, FEA-USP, Working Paper n. 2015-01.

Rodrik, D. (2008), “The Real Exchange Rate and Economic Growth”, Brooking Papers on Economic Activity, 2, 365-439.

Rowthorn, R., Ramaswamy, R. (1999), “Growth, trade and deindustrialization”, IMF Staff Papers, 46 (1), 18-41.

Thirlwall, A. P. (1979), “The Balance of Payments Constraint as an Explanation of International Growth Rate Differences”, Banca Nazionale del Lavoro Quarterly Review, 128, 45-53

Thirlwall, A. P.; Hussain, M. (1982), “The balance of payments constraint, capital flows and growth rates differences between developing countries”, Oxford Economic Papers, 34 (3), 498-510.

Publicado
2015-12-24
Como Citar
Missio, F. J. (2015). Endogeneidade das elasticidades-renda nos modelos de crescimento com restrição externa: uma resenha. Brazilian Keynesian Review, 1(2), 135-165. https://doi.org/10.33834/bkr.v1i2.38
Seção
Artigos