Productive and Unproductive Sectors’ Interactions in Brazil: A Miyazawa Analysis-Reference-Cited by-同舟云学术

Productive and Unproductive Sectors’ Interactions in Brazil: A Miyazawa Analysis

Published:2022-09-29 Issue: Volume: Page:048661342211186
ISSN:0486-6134
Container-title:Review of Radical Political Economics
language:en
Short-container-title:Review of Radical Political Economics

Author:

Morrone Henrique¹^ORCID,Marquetti Adalmir Antonio²^ORCID,Miebach Alessandro Donadio¹

Affiliation:

1. Federal University of Rio Grande do Sul, Porto Alegre, RS, Brazil

2. Pontifícia Universidade Católica do Rio Grande do Sul, Porto Alegre, RS, Brazil

Abstract

This article employs Miyazawa’s method to investigate the interaction between productive and unproductive sectors during the 2002–2014 period in Brazil. The results showed a growing dependence of productive on unproductive sectors together with a rise in the unproductive share in the economy, particularly after 2008. Our ﬁndings stressed the relationship between the rising importance of unproductive industries and lower total output growth, as emphasized by the classical-Marxian literature. JEL Classification: B51, C67, P16

Publisher

SAGE Publications

Subject

Economics and Econometrics,Philosophy

Link

http://journals.sagepub.com/doi/pdf/10.1177/04866134221118653

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