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The Brazilian productive structure and policy responses in the face of the international economic crisis: An assessment based on input-output analysis

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  • Zanchetta Borghi, Roberto Alexandre

Abstract

This paper addresses the Brazilian productive structure and the major economic policies undertaken in the face of the international economic crisis. Input-output techniques are applied to Brazilian national accounts and present a picture of the potential role of different sectors in the recovery of the economy. Considering the countryÂ’s economic performance at the time, post-2008 economic policies adopted in Brazil are discussed, with emphasis given on the tax break policy, inserted into a broader policy scope. Results show that industrial sectors have stronger linkages in terms of production and employment maintenance in the economy but have been losing ground in the productive structure. Among them, there is evidence in favour of supporting more some sectors, such as the automobile and the construction industries, rather than others, such as white goods appliances and furniture, but especially the need of recovering industrial development as a whole for sustained economic growth.

Suggested Citation

  • Zanchetta Borghi, Roberto Alexandre, 2017. "The Brazilian productive structure and policy responses in the face of the international economic crisis: An assessment based on input-output analysis," Structural Change and Economic Dynamics, Elsevier, vol. 43(C), pages 62-75, December.
    • Handle: RePEc:eee:streco:v:43:y:2017:i:c:p:62-75
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    Cited by:

    1. Yushen Tian & Siqin Xiong & Xiaoming Ma, 2017. "Analysis of the Potential Impacts on China’s Industrial Structure in Energy Consumption," Sustainability, MDPI, vol. 9(12), pages 1-13, December.
    2. Cottafava, Dario & Gastaldo, Michele & Quatraro, Francesco & Santhiá, Cristina, 2022. "Modeling economic losses and greenhouse gas emissions reduction during the COVID-19 pandemic: Past, present, and future scenarios for Italy," Economic Modelling, Elsevier, vol. 110(C).

    More about this item

    Keywords

    Brazilian productive structure D57 E65 Economic policies Industrial sectors Input-output analysis International crisis O25 O54;

    JEL classification:

    • D57 - Microeconomics - - General Equilibrium and Disequilibrium - - - Input-Output Tables and Analysis
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes
    • O25 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy - - - Industrial Policy
    • O54 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Latin America; Caribbean

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