Industrial policy in Brazil: empirical evidence in a context of structural changes (2007-2020)

Abstract

This work performs a comparative analysis of the economic and technological
dynamism of industrial sectors in Brazil during the period 2007-2020. It aims to identify correspondences
between these result variables and the practice of industrial policy in industrial
sectors. The results suggest feeble coordination among the use of instruments, that most
of the sectors did not differ from the general patterns of the manufacturing industry, that exceptional
performances are not related to the diversity of instruments, but that the sectors of greater technological intensity seem to have responded particularly well to the combination
of BNDES and FINEP funding and use of public purchasing power.

JEL Classification: L52.