Structural change and economic development: is Brazil catching up or falling behind? by André Nassif, Carmem Feijó and Eliane Araújo publicado no Cambridge Journal of Economics (2015). “We present a Kaldor-Thirlwall theoretical and empirical framework on the basic driving forces of the bahaviour of productivity and economic development in the long run. By calculating the so-called Thirlwall equation, the main contribution of our research is to examine whether Brazil has been catching up or falling behind…”
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