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Simultaneous Estimation of Income and Price Elasticities of Export Demand, Scale Economies and Factor Productivity Growth for Brazil

[Zeitschriftenartikel]

Mutz, Christine; Ziesemer, Thomas

Zitationshinweis

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Abstract This paper focuses on a growth model in which (unlike other models) low (high) export demand elasticities and the fact that developing countries are importers of capital goods help explaining the slow (high) growth of these countries in the transition and in the steady state. The question arises whether export demand elasticities are low or high. For answering this question, export demand elasticities for the case of Brazil are obtained by estimation of the model. As a by-product of estimating the model, we obtain estimates for total-factor productivity growth and for scale economies. Based on the results from estimation we calculate steady-state growth rates, engine and handmaiden effects of growth as well as dynamic steady-state gains from trade. The model and the results are discussed in regard to several strands of literature.
Sprache Dokument Englisch
Publikationsjahr 2008
Seitenangabe S. 2921-2937
Zeitschriftentitel Applied Economics, 40 (2008) 22
DOI http://dx.doi.org/10.1080/00036840600993916
Status Postprint; begutachtet (peer reviewed)
Lizenz PEER Licence Agreement (applicable only to documents from PEER project)
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