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Effects of demand shocks in the Brazilian economy : new production and value added multipliers

dc.contributor.authorMoretto, Antonio Carlos
dc.contributor.authorDias, João
dc.contributor.authorLopes, João Carlos
dc.contributor.authorRodrigues, Rossana Lott
dc.date.accessioned2014-01-09T13:56:30Z
dc.date.available2014-01-09T13:56:30Z
dc.date.issued2013
dc.description.abstractAssuming that the traditional input-output multipliers lead to a misinterpretation of macroeconomic concepts for multisectoral analysis of a given economy, the aim of this article is to calculate the new multipliers of variation in the final demand on the production and value added by the sectors of the Brazilian economy in the period between 1995 and 2009. Using the Euclidean distance method proposed in Amaral et al (2012) and data from input-output tables, the main results showed that: a) the structural change effect was more important than the scale effect, both for the production and for the value added, although it was less important for the latter; b) Brazil is still a major exporter of unprocessed products which will generate jobs, income and taxes abroad, depriving the country of this important benefit; c) the main key sectors were Agricultural (1), Mining (2), Steel industry (4), Chemistry (11), Food industry (16) and some service sectors, such as Public Utilities (18), Trade, (20) Transportation (21), Communication (22), Public administration (24) and Other services (25), revealing the gain in importance of these activities in the national economy.por
dc.description.sponsorshipThis paper was prepared during a post doc program of Antonio Carlos Moretto and Rossana Lott Rodrigues in UECE, a research center supported by FCT (Fundação para a Ciência e a Tecnologia). These authors acknowledge the financial support of the State University of Londrina, Brazil, during the post doc.por
dc.identifier.citationMoretto, António Carlos ... [et al.] .2013. "Effects of demand shocks in the Brazilian economy : new production and value added multipliers". Instituto Superior de Economia e Gestão. DE Working papers nº 22-2013/DE/UECEpor
dc.identifier.issn0874-4548
dc.identifier.urihttp://hdl.handle.net/10400.5/6311
dc.language.isoengpor
dc.publisherISEG - Departamento de Economiapor
dc.relation.ispartofseriesDE/ working papers nº 22-2013/DE/UECE
dc.relation.publisherversionhttps://aquila1.iseg.ulisboa.pt/aquila/getFile.do?method=getFile&fileId=412905&contentContextPath_PATH=/departamentos/ec/lateral/menu-working-papers/nova-serie/2013&_request_checksum_=4f0a8c37d0e50f2a3cadb300b9ffbf61ea2d50eepor
dc.subjectInput-Outputpor
dc.subjectEuclidean Distance Multiplierspor
dc.subjectStructural Changespor
dc.subjectBrazilpor
dc.titleEffects of demand shocks in the Brazilian economy : new production and value added multiplierspor
dc.typeworking paper
dspace.entity.typePublication
rcaap.rightsopenAccesspor
rcaap.typeworkingPaperpor

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