COMPORTAMENTO DA PRODUTIVIDADE DO CAPITAL E SUA INFLUÊNCIA NA CONTABILIDADE DO CRESCIMENTO

Aumara Bastos Feu Alvim de Souza

Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] from ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics]

Abstract: This study aims at analyzing the capital productivity in Brazil, its historical behavior and influence on the future development of the country. In what concerns Brazil, the capital productivity has decreased considerably, reaching the average level observed in the OECD countries, in spite of the fact that the average output per worker in Brazil is one third of the value in those countries. After removing from the Brazilian capital/product ratio series (inverse of the capital productivity) the influence of variations on the installed capacity, it was verified that, with a smaller capital productivity level, Brazil has a limited capacity of convergence to the same income level of the developed countries as well as of remunerating the capital, which might cause the present low investment level in the country. Therefore, the study shows that increasing the capital productivity could be the path to increase the sustainable growth of the country.

JEL-codes: O47 (search for similar items in EconPapers)
Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.anpec.org.br/encontro2004/artigos/A04A043.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:anp:en2004:043

Ordering information: This working paper can be ordered from
Secretaria da ANPEC Rua Prof Marcos Valdemar de Freitas Reis s/n Campus do Campus do Gragoatá, Bloco F Niterói, RJ 24210-201 Brazil

Access Statistics for this paper

More papers in Anais do XXXII Encontro Nacional de Economia [Proceedings of the 32nd Brazilian Economics Meeting] from ANPEC - Associação Nacional dos Centros de Pós-Graduação em Economia [Brazilian Association of Graduate Programs in Economics] Secretaria da ANPEC Rua Prof Marcos Valdemar de Freitas Reis s/n Campus do Campus do Gragoatá, Bloco F Niterói, RJ 24210-201 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Rodrigo Zadra Armond ().