Structural change – Is a more inclusive and sustainable development possible in Brazil? https://brazilconference2014.weaconferences.net 5th May to 12th August 2014 Mon, 09 Jun 2025 12:23:50 +0000 en-GB hourly 1 Labor productivity, and structural change in a three sector S.C.G.E (Structuralist Computable General Equilibrium) model: an application to Brazil https://brazilconference2014.weaconferences.net/papers/labor-productivity-and-structural-change-in-a-three-sector-scge-model-an-application-to-brazil/ Sun, 04 May 2014 17:17:17 +0000 http://brazilconference2014.worldeconomicsassociation.org/?post_type=paper&p=115 More ›]]> 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 informal sector is supply– constrained. We intend to examine the linkages and bottlenecks among these sectors. Specifically, we compare the medium-run effects of three experiments: an investment shock, a rise in income transfers toward formal workers, and an exchange rate shock, and discuss them in the context of Brazil. Further, we assess the interrelations among the formal, the informal, and the energy–provider sectors along the cumulative process of growth.

]]>