Resumo

ARAUJO, RICARDO AZEVEDO; PAIVA, MATHEUS SILVA DE; SANTOS, JULIO FERNANDO COSTA  e  SILVA, GUILHERME JONAS COSTA DA. Economic growth and structural change in a multi-sector and multilateral approach to balance-of-payments constrained growth. Brazil. J. Polit. Econ. [online]. 2017, vol.37, n.4, pp.894-915. ISSN 1809-4538.  https://doi.org/10.1590/0101-31572017v37n04a13.

This study aims to develop a multi-sector and multilateral model of balance-of-payments constrained growth. As a starting point, we adopted the models proposed by Araujo and Lima (2007) and Nell (2003). The paper also presents computer simulations to test how structural changes in the Pasinetti-Kaldor sense affect long-term economic growth. This approach is relevant insofar as it enables the identification of sectors and trading partners that contribute the most to long-term growth, as well as proposing economic and industrial policies that improve trade relations and economic competitiveness.

Palavras-chave : Structural change; balance-of-payments constrained growth; trading partners.

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