Abstract :
This study analyzed the technological content of Brazilian exports to verify if the expansion of exports between 2000 and 2005 would be able to induce sustained economic growth following the structuralist-Kaldorian logic. For this, we used the input-output matrices provided by the IBGE and made compatible based on the taxonomy proposed by Lall (2000). The findings show that despite the recorded improvement in the country’s commercial result in the analyzed period, the increase in Brazilian exports would not be able to induce a virtuous circle of sustained economic growth. Under the structuralist-Kaldorian hypothesis, this may be credited to the concentration of export expansion in low technological content sectors that, in the long run, would not cause the rupture of the external constraint to economic growth in the country. This suggests that the Brazil’s National Innovation System still has a low level of development with limited role in inducing economic activity.
Keywords
:
technological content of exports; sustained growth; input-output; hypothetical extraction method