cometadata/datacite-titles-descriptions-related-identifiers huggingface dataset:
DOI: 10.6084/m9.figshare.11900589
title: Multidimensional poverty in Brazil: analysis of the period 2004-2015

description: ABSTRACT The main goals of this paper were to construct a Multidimensional Poverty Index (MPI) for Brazil using data from PNAD and also provides an analysis of its evolution for the period 2004-2015. The proposed IPM follows the method developed by Alkire and Santos (2013). The results confirm the reduction on the incidence of multidimensional poverty in Brazil. However, people move out of poverty into the stage of vulnerability, showing a gradual improvement on living conditions. Regionally, there was a reduction in the incidence of poverty in the whole country, and notably in the North and Northeast regions.
DOI: 10.6084/m9.figshare.11900589.v1
title: Multidimensional poverty in Brazil: analysis of the period 2004-2015

description: ABSTRACT The main goals of this paper were to construct a Multidimensional Poverty Index (MPI) for Brazil using data from PNAD and also provides an analysis of its evolution for the period 2004-2015. The proposed IPM follows the method developed by Alkire and Santos (2013). The results confirm the reduction on the incidence of multidimensional poverty in Brazil. However, people move out of poverty into the stage of vulnerability, showing a gradual improvement on living conditions. Regionally, there was a reduction in the incidence of poverty in the whole country, and notably in the North and Northeast regions.
DOI: 10.6084/m9.figshare.11900538
title: Evaluation of the economic costs associated to the neet youth in Brazil

description: ABSTRACT The existence of millions of youths remain in the NEET status brings severe implications for the society and for the economy. Thus, this paper focuses on the main costs associated with the neet youth idleness through the Propensity Score Matching. The results reveal that the neet youths accounted for a cost of 0.6% of the GDP in 2015. Considering this significant annual cost and the increasing amount of neet youths in the last years, there is to be claimed for policies that hinder such a growing path in order to avoid severe economic and social losses in the long run.
DOI: 10.6084/m9.figshare.11900538.v1
title: Evaluation of the economic costs associated to the neet youth in Brazil

description: ABSTRACT The existence of millions of youths remain in the NEET status brings severe implications for the society and for the economy. Thus, this paper focuses on the main costs associated with the neet youth idleness through the Propensity Score Matching. The results reveal that the neet youths accounted for a cost of 0.6% of the GDP in 2015. Considering this significant annual cost and the increasing amount of neet youths in the last years, there is to be claimed for policies that hinder such a growing path in order to avoid severe economic and social losses in the long run.
DOI: 10.5519/qd.xgg5vra5
title: Query on the Natural History Museum Data Portal (data.nhm.ac.uk) (1362236 records)
DOI: 10.6084/m9.figshare.12171174
title: Structural change and productivity growth in Brazil: where do we stand?

description: ABSTRACT The aim of this paper is to discuss the evolution of the Brazilian labour productivity in the 1990s and 2000s to shed some light on the resilience of the Brazilian economy to recover growth. Labor productivity growth in Brazil, after showing positive annual rates between 1950 and 1979, became stagnant after 1980. Following McMillan and Rodrik’s (2011) methodology, this paper at first decompose labor productivity growth in the period 1950-2011, according to “structural change” (which is considered growth-enhancing) and “within effect” (which is growth-reducing, if not accompanied by significant structural change while the country is still pursuing its catching-up process). Next, an econometric exercised is presented to explain the determinants of the structural change component of the labour productivity since economic opening in the 1990s. The results show that the stagnation of the Brazilian productivity is explained by the overvaluation trend of the Brazilian currency, the reprimarization of the export basket, the low degree of Brazil’s trade openness and the high real interest rates prevailing in the period.
DOI: 10.6084/m9.figshare.12171174.v1
title: Structural change and productivity growth in Brazil: where do we stand?

description: ABSTRACT The aim of this paper is to discuss the evolution of the Brazilian labour productivity in the 1990s and 2000s to shed some light on the resilience of the Brazilian economy to recover growth. Labor productivity growth in Brazil, after showing positive annual rates between 1950 and 1979, became stagnant after 1980. Following McMillan and Rodrik’s (2011) methodology, this paper at first decompose labor productivity growth in the period 1950-2011, according to “structural change” (which is considered growth-enhancing) and “within effect” (which is growth-reducing, if not accompanied by significant structural change while the country is still pursuing its catching-up process). Next, an econometric exercised is presented to explain the determinants of the structural change component of the labour productivity since economic opening in the 1990s. The results show that the stagnation of the Brazilian productivity is explained by the overvaluation trend of the Brazilian currency, the reprimarization of the export basket, the low degree of Brazil’s trade openness and the high real interest rates prevailing in the period.
DOI: 10.6084/m9.figshare.12171537
title: Determinants of real exchange rate movements in 15 emerging market economies

description: ABSTRACT Previous work has established that an appreciation of the real effective exchange rate (REER) contributes to premature deindustrialization, less productive investment and dependence on commodity booms and busts in emerging markets economies (EME). From the literature, it is less clear, however, what the most important drivers for the cyclical REER movements in EME are. The aim of this study is to provide empirical evidence about the determinants of the REER movements of 15 emerging markets during the last two decades, using statistical analysis and a dynamic panel fixed effects model approach. Our analysis shows that although “commodity” and “industrial” EME are heterogeneous, REER volatility tends to be higher among the former. EME that had more stable REER fared better than those that had a depreciating or appreciating trend (with the notable exception of China). As theoretically expected, commodity prices are an important structural driver of REER movements in “commodity EME”. Moreover, the results confirm the existence of the Harrod-Balassa-Samuelson effect, and show the importance of financial inflows. Further, the interventions of central banks were partially successful to avoid more substantial appreciations (depreciations). Finally, we find that lower country risk and, at least in some periods, growing broad money in OECD countries has led to REER appreciations in our sample countries.
DOI: 10.6084/m9.figshare.12171537.v1
title: Determinants of real exchange rate movements in 15 emerging market economies

description: ABSTRACT Previous work has established that an appreciation of the real effective exchange rate (REER) contributes to premature deindustrialization, less productive investment and dependence on commodity booms and busts in emerging markets economies (EME). From the literature, it is less clear, however, what the most important drivers for the cyclical REER movements in EME are. The aim of this study is to provide empirical evidence about the determinants of the REER movements of 15 emerging markets during the last two decades, using statistical analysis and a dynamic panel fixed effects model approach. Our analysis shows that although “commodity” and “industrial” EME are heterogeneous, REER volatility tends to be higher among the former. EME that had more stable REER fared better than those that had a depreciating or appreciating trend (with the notable exception of China). As theoretically expected, commodity prices are an important structural driver of REER movements in “commodity EME”. Moreover, the results confirm the existence of the Harrod-Balassa-Samuelson effect, and show the importance of financial inflows. Further, the interventions of central banks were partially successful to avoid more substantial appreciations (depreciations). Finally, we find that lower country risk and, at least in some periods, growing broad money in OECD countries has led to REER appreciations in our sample countries.
DOI: 10.6084/m9.figshare.12170994
title: “Developmentalist Brazil” (1945-1964) as a concept: historicizing and (re)periodizing development in Brazil

description: ABSTRACT The paper presents an alternative periodization of the debate and practice of development in Brazil. It starts with a brief depiction of Rômulo Almeida’s trajectory. It states that during the second Vargas government, a group of bureaucrats - coined as “State organic intellectuals” - occupy a new social position. As the process of economic development unfolds, new contradictions arise, so as other social positions. In the second part, new categories are constructed in order to describe the different conceptions of development during the period 1945-1964. Then, after presenting the many uses of the concept of “developmentalism” over history, the paper delves into the concept of “Developmentalist Brazil” in order to get into the inner dynamic of the period. The purpose is to integrate ideas and social positions, on the one hand, and structural processes, on the other, by addressing the conflicts over development strategies. The “Post-Developmentalist” period (1964-1980) is characterized as a rupture in its attempt to put in place a new development pattern to solve the rising contradictions faced during the “Developmentalist Brazil” period (1945-1964). At the end, we put forth a research programme that could possibly lead to the understanding of Brazil’s structural changes in the context of the post-1980 new capitalist world-economy.
DOI: 10.6084/m9.figshare.12170994.v1
title: “Developmentalist Brazil” (1945-1964) as a concept: historicizing and (re)periodizing development in Brazil

description: ABSTRACT The paper presents an alternative periodization of the debate and practice of development in Brazil. It starts with a brief depiction of Rômulo Almeida’s trajectory. It states that during the second Vargas government, a group of bureaucrats - coined as “State organic intellectuals” - occupy a new social position. As the process of economic development unfolds, new contradictions arise, so as other social positions. In the second part, new categories are constructed in order to describe the different conceptions of development during the period 1945-1964. Then, after presenting the many uses of the concept of “developmentalism” over history, the paper delves into the concept of “Developmentalist Brazil” in order to get into the inner dynamic of the period. The purpose is to integrate ideas and social positions, on the one hand, and structural processes, on the other, by addressing the conflicts over development strategies. The “Post-Developmentalist” period (1964-1980) is characterized as a rupture in its attempt to put in place a new development pattern to solve the rising contradictions faced during the “Developmentalist Brazil” period (1945-1964). At the end, we put forth a research programme that could possibly lead to the understanding of Brazil’s structural changes in the context of the post-1980 new capitalist world-economy.
DOI: 10.6084/m9.figshare.12171555
title: Coalitions for development: a new-developmentalist interpretation for the abandonment of industrial capitalist from PT political coalition

description: ABSTRACT The paper uses a socioeconomic framework to understand what is behind the dismantling of PT political coalition. First a theoretical discussion presents the interconnections between Developmental State and class coalitions. Second, PT political coalition is described by connecting the interest of different social classes with macroeconomic, industrial and social policies implemented by the government. Finally, it is provided new interpretation and evidence for the abandonment of the industrial capitalist from the dominant coalition. For that, the new-developmentalist argument of the lack of satisfactory profit rate and Furtado’s argument on development-stagnation dichotomy is presented and empirically supported.
DOI: 10.6084/m9.figshare.12171555.v1
title: Coalitions for development: a new-developmentalist interpretation for the abandonment of industrial capitalist from PT political coalition

description: ABSTRACT The paper uses a socioeconomic framework to understand what is behind the dismantling of PT political coalition. First a theoretical discussion presents the interconnections between Developmental State and class coalitions. Second, PT political coalition is described by connecting the interest of different social classes with macroeconomic, industrial and social policies implemented by the government. Finally, it is provided new interpretation and evidence for the abandonment of the industrial capitalist from the dominant coalition. For that, the new-developmentalist argument of the lack of satisfactory profit rate and Furtado’s argument on development-stagnation dichotomy is presented and empirically supported.
DOI: 10.6084/m9.figshare.12171696
title: South Korea’s and China’s catching-up: a new-developmentalist analysis

description: ABSTRACT The purpose of this paper is to analyze the catching-up processes of South Korea and post-1978 reforms China, based on a new-developmentalist approach that considers four fundamental factors: 1) a complementarity relationship between the state and the market as a dynamic process that changes over time; 2) necessary complementarity between macroeconomic policy and industrial policy; 3) the key role of public and development banks in attacking the problem of “development financing”; and a particular focus on 4) the centrality of exchange rate and balance of payments administration for the development process in these countries. The paper’s fundamental question is to what extent the catching-up process in these countries can be understood as the application of a new-developmentalist strategy, taking each country’s particular historical traits into account.
DOI: 10.6084/m9.figshare.12171696.v1
title: South Korea’s and China’s catching-up: a new-developmentalist analysis

description: ABSTRACT The purpose of this paper is to analyze the catching-up processes of South Korea and post-1978 reforms China, based on a new-developmentalist approach that considers four fundamental factors: 1) a complementarity relationship between the state and the market as a dynamic process that changes over time; 2) necessary complementarity between macroeconomic policy and industrial policy; 3) the key role of public and development banks in attacking the problem of “development financing”; and a particular focus on 4) the centrality of exchange rate and balance of payments administration for the development process in these countries. The paper’s fundamental question is to what extent the catching-up process in these countries can be understood as the application of a new-developmentalist strategy, taking each country’s particular historical traits into account.
DOI: 10.6084/m9.figshare.12171066
title: Pragmatism as a pillar of the New Developmentalism

description: ABSTRACT The scholars of New Developmentalism have generated a substantial body of knowledge regarding structural transformation and the policies that should be adopted to foster its achievement. Nevertheless, as is argued in this paper, New Developmentalism, by contrast with Neoliberalism, lacks a strong philosophical foundation to legitimise the policies it favours on grounds other than their ability to generate prosperity. It is also argued that new-developmentalists should explicitly adopt a pragmatic philosophy in order to become a more serious alternative to other political economy doctrines.
DOI: 10.6084/m9.figshare.12171066.v1
title: Pragmatism as a pillar of the New Developmentalism

description: ABSTRACT The scholars of New Developmentalism have generated a substantial body of knowledge regarding structural transformation and the policies that should be adopted to foster its achievement. Nevertheless, as is argued in this paper, New Developmentalism, by contrast with Neoliberalism, lacks a strong philosophical foundation to legitimise the policies it favours on grounds other than their ability to generate prosperity. It is also argued that new-developmentalists should explicitly adopt a pragmatic philosophy in order to become a more serious alternative to other political economy doctrines.
DOI: 10.6084/m9.figshare.12171294
title: The liberalization trap: Why did Latin America fall behind in the 1980s while East Asia continue to grow?

description: ABSTRACT In the 1980s, while the East Asian countries continued to grow, the Latin American countries stopped, and since then are falling behind. The cause was not the “middle-income trap”, but the “liberalization trap”. Differently from the East Asian, the Latin American countries suffer the Dutch Disease, but were able to industrialize because they used high import tariffs on manufactured goods to neutralize this long-term overvaluation of the exchange rate. In the 1980s, however, trade liberalization dismounted this mechanism. The ensuing competitive disadvantage produced deindustrialization and low growth.
DOI: 10.6084/m9.figshare.12171294.v1
title: The liberalization trap: Why did Latin America fall behind in the 1980s while East Asia continue to grow?

description: ABSTRACT In the 1980s, while the East Asian countries continued to grow, the Latin American countries stopped, and since then are falling behind. The cause was not the “middle-income trap”, but the “liberalization trap”. Differently from the East Asian, the Latin American countries suffer the Dutch Disease, but were able to industrialize because they used high import tariffs on manufactured goods to neutralize this long-term overvaluation of the exchange rate. In the 1980s, however, trade liberalization dismounted this mechanism. The ensuing competitive disadvantage produced deindustrialization and low growth.
DOI: 10.6084/m9.figshare.19964789
title: The exchange rate in Orthodox, Keynesian and New Developmentalism theoretical models: a literature review

description: ABSTRACT The main purpose of this paper is to present the differences in the exchange rates in macroeconomic models from the three current theoretical views: Orthodox, Post-Keynesian and New Developmentalism. To achieve this objective, it is proposed to make a bibliographic survey of the literature on open macroeconomics and exchange rate. The main differences among these views concerns to exchange rate determination, causes of exchange rate variations and balance of payments equilibrium determination.
DOI: 10.6084/m9.figshare.19964789.v1
title: The exchange rate in Orthodox, Keynesian and New Developmentalism theoretical models: a literature review

description: ABSTRACT The main purpose of this paper is to present the differences in the exchange rates in macroeconomic models from the three current theoretical views: Orthodox, Post-Keynesian and New Developmentalism. To achieve this objective, it is proposed to make a bibliographic survey of the literature on open macroeconomics and exchange rate. The main differences among these views concerns to exchange rate determination, causes of exchange rate variations and balance of payments equilibrium determination.
DOI: 10.6084/m9.figshare.19964791
title: Panem et circenses: on the macroeconomics of the pandemic

description: ABSTRACT This paper is about the consequences of pandemics on the macroeconomic behavior, with an empirical analysis of such effects on the Brazilian economy. Two features of the macroeconomic of pandemics are highlighted: the emergence of a dual economy, in which we have the coexistence of a sector where consumption and production are impaired by public health policies, side by side with a full employment sector; and a large redistribution of income between the public and the private sectors. Regarding the latter, we found that the redistribution had strong effects on the flows of savings in the Brazilian economy, and consequently on the stocks of net wealth: there was a sharp rise in public debt and an increase in private net wealth of 12% of GDP.
DOI: 10.6084/m9.figshare.19964794
title: Growth and institutional changes: a historical evolution

description: ABSTRACT This paper highlights the fact that neoclassical theory cannot explain the process of economic change. In an uncertain and ever-changing world, a theory based on static equilibrium models is of little help. Whereas we have placed the institutions at the centre of the understanding of economic systems, since they constitute their incentive structure. Thus, economic change is largely an intentional process created by individuals’ perceptions of the consequences of their actions. These perceptions, coming from the beliefs of individuals, combine with their preferences. In the end, a dynamic theory of economic change will not be built, but an attempt will be made to understand the link between institutions and economic growth, the process of change, and to develop assumptions, within its limits, capable of improving the human environment and economic results.
DOI: 10.6084/m9.figshare.19964794.v1
title: Growth and institutional changes: a historical evolution

description: ABSTRACT This paper highlights the fact that neoclassical theory cannot explain the process of economic change. In an uncertain and ever-changing world, a theory based on static equilibrium models is of little help. Whereas we have placed the institutions at the centre of the understanding of economic systems, since they constitute their incentive structure. Thus, economic change is largely an intentional process created by individuals’ perceptions of the consequences of their actions. These perceptions, coming from the beliefs of individuals, combine with their preferences. In the end, a dynamic theory of economic change will not be built, but an attempt will be made to understand the link between institutions and economic growth, the process of change, and to develop assumptions, within its limits, capable of improving the human environment and economic results.
DOI: 10.6084/m9.figshare.19964797
title: The unexplored influences of modern physics on John R. Commons’ economic theory

description: ABSTRACT Previous works of John R. Commons’ interpreters have emphasized the influence of numerous theoretical-methodological references (e.g., pragmatism, evolutionism, etc.) in shaping his economic thought. However, almost no mention is made of the influence of particle and relativity physics, which, as we debate, provide sources of insights to his work. This paper explores these connections by showing that John R. Commons was not only interested in the advances of that science but was also inspired by them to produce parallels and analogies that allowed his theory to escape the pitfalls of individualism and determinism while incorporating time and space in an innovative way in the economic discourse.