The Concepts of Ricardian, Keynesian and Schumpeterian Adjustments and the Question of Employment in the Brazilian Economy

The aim of this paper is to discuss the relationship between economic growth,technical progress and employment generation, using Neo-schumpeterian concepts aboutthe process of adjustments available to all economies. It discusses the possible trade-offsamong the three kinds of the most important adju...

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Detalles Bibliográficos
Autor: Toyoshima, Silvia Harumi
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2000
País:Brasil
Institución:EDITORA 34
Repositorio:Revista de Economia Política
Idioma:portugués
OAI Identifier:oai:ojs2.centrodeeconomiapolitica.org:article/1025
Acceso en línea:https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1025
Access Level:acceso abierto
Palabra clave:Economic development
neo-Schumpeterian analysis
structural change
quality of employment
Desenvolvimento econômico
análise neo-schumpeteriana
mudança estrutural
qualidade do emprego
Descripción
Sumario:The aim of this paper is to discuss the relationship between economic growth,technical progress and employment generation, using Neo-schumpeterian concepts aboutthe process of adjustments available to all economies. It discusses the possible trade-offsamong the three kinds of the most important adjustments — “Ricardian “, “growth” and“Schumpeterian” — which represent, in fact, trade-offs between short and long-term growth.Based on this conception, it discusses the possible impacts of the exploration of each kindof adjustment on the Brazilian level of employment. In addition, it preliminarily identifiesthe productive segments to be stimulated in order to simultaneously consider economic efficiencyand employment generation. The main conclusion is that to associate employmentgeneration, economic growth and modernization, the Brazilian economy should invest not only in the most dynamic segments of the new technological paradigm, but also in the traditionalsegments, because they have a higher employment generation capacity. JEL Classification: O40; O30; J81.