Abstract

FRAGA CASTILLO, Carlos Alberto  and  MORENO-BRID, Juan Carlos. Exportaciones, términos de intercambio y crecimiento económico de Brasil y México, de 1960 a 2002: un análisis comparativo. Prob. Des [online]. 2006, vol.37, n.146, pp.79-96. ISSN 0301-7036.

Mexico and Brazil are the largest economies in the region, characterized by a strong presence of industry. Both of them, in varying degrees, have experienced important changes in their development strategies, moving away from a model centered on import substitution and State intervention in the economy to another model open to external competition and focusing on exports as the driving force. This work proposes comparing precisely to what extent this re-orientation "towards the external sector" is reflected in a capacity to pull up the rest of the economy. For the purpose it evaluates trade elasticities, and -based on A.P. Thirlwall's development model- estimates their impact on long-term economic growth.

Keywords : growth; restriction; exchange; exports; balance.