Brazilian states manufacturing production and employment

evidences of deindustrialization

Authors

Abstract

This paper investigates the deindustrialization hypothesis in Brazilian states in the period 1996-2014, and whether this process is linked to the economic policies (interest rate and trade liberalization) implemented in the country and to exchange rate and favorable prices context for primary products. For this, it analyzes manufacturing states production and employment indicators, and estimates panel data models. In general, manufacturing performance indicators signal a possible deindustrialization process in progress for some states. Moreover, the econometric results suggest the relevance of exchange rate and commodity prices to explain the lower capacity of the states manufacturing industry to generate output and employment, supporting deindustrialization hypothesis by Dutch disease.

Author Biographies

Iago Emidio Lutz de Souza, Universidade Federal de Uberlândia, Uberlândia, Minas Gerais, Brasil

Mestrado em Economia pela Universidade Federal de Uberlândia

Michele Polline Veríssimo, Universidade Federal de Uberlândia, Uberlândia, Minas Gerais, Brasil

Professora do Instituto de Economia da Universidade Federal de Uberlândia

Published

2019-05-10

How to Cite

SOUZA, I. E. L. de; VERÍSSIMO, M. P. Brazilian states manufacturing production and employment: evidences of deindustrialization. Nova Economia, [S. l.], v. 29, n. 1, p. 75–101, 2019. Disponível em: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/4124. Acesso em: 19 dec. 2024.

Issue

Section

Regular Issue