University of Illinois Urbana-Champaign

A Model for Economic Planning and Analysis for the Brazilian Economy (input-Output, Multisectoral Models)

Guilhoto, Joaquim Jose Martins

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Description

Title
A Model for Economic Planning and Analysis for the Brazilian Economy (input-Output, Multisectoral Models)
Author(s)
Guilhoto, Joaquim Jose Martins
Issue Date
1986
Department of Study
Economics
Discipline
Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, General
Abstract
  • In this work a general purpose multisectoral economy-wide model, solved for growth rates, is constructed for the Brazilian economy.
  • In constructing the Brazilian model, the ORANI nodel for the Australian Economy was chosen as the starting point and was modified in a way that it can reflect and can be used to study the Brazilian reality. The main differences between both models are that in the Brazilian model: (a) A special treatment is giving to the government sector; (b) The demand for household consumption is broken down by different income groups, and an equation linking the workers income with their expenditure is introduced; allowing in this way for the study of income distribution problems; (c) An industry by industry framework is used, opposing to an industry by commodity framework used in the ORANI model; (d) Prices are assumed to be formed through a mark-up price theory, while the ORANI model assumes that prices are formed by maximizing profits.
  • The Brazilian model is constructed for: (a) 21 industries; (b) 3 types of primary factors (3 categories of labor, fixed capital, and agricultural land); (c) one type of other costs; (d) 2 sources of products (domestic and imported); (e) 6 types of product use (inputs to current production, inputs to capital formation, commodity flows to household consumption, exports, government demands, and other demands); and (f) 3 income groups. The model also presents a detailed specification for trade margins and taxes.
  • The basic input-output data used in the model refers to the 1975 input-output matrices for the Brazilian economy.
Graduation Semester
1986
Type of Resource
text
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http://hdl.handle.net/2142/70775

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