The post 1990 Brazilian trade liberalization and the performance of large manufacturing firmsproductivity, market share and profits

Resumo

This paper analyses the effects of the 1990 Brazilian trade liberalization on the total factor productivity, market share and profits of a sample of 349 large manufacturing firms. A panel data production function analysis for the period 1986/94 indicates very large total factor productivity gains in the period to 1994, which were accompanied by large falls in market shares and profits. The explanation advanced is that the shock of trade liberalization to profits was so great that firms were stimulated to improve their efficiency dramatically.

Ficha do documento

Tipo

Estudo

Ano

1997

Instituição

Instituto de Pesquisa Econômica Aplicada (Ipea)

Fonte

Repositório do Ipea

Idioma

Inglês

Acesso

Acesso aberto

Identificador

oai:repositorio.ipea.gov.br:11058/2013

Licença

Licença Comum

Abrangência

Brasil; 1986-1994

Palavras-chave

Liberalização comercialDesempenho das empresas industriais