Labor productivity, and structural change in a three sector S.C.G.E (Structuralist Computable General Equilibrium) model: an application to Brazil

Henrique Morrone

This paper presents a three sector (formal, informal, and energy) open-economy model that describes the schematic behavior of the Brazilian economy. The model distinguishes among three economic classes and assumes no financial sector. Formal and energy sectors are demand–constrained; the …
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