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The great divide: The paths of industrial competitiveness in Brazil and South Korea

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  • The great divide: The paths of industrial competitiveness in Brazil and South Korea
  • Prates Romero, João; Freitas, Elton; Britto, Gustavo; Coelho, Clara
  • Universidade Federal de Minas Gerais


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Title The great divide: The paths of industrial competitiveness in Brazil and South Korea
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Material Type Reports
Author(English)

Prates Romero, João; Freitas, Elton; Britto, Gustavo; Coelho, Clara

Publisher

[Pampulha, Brazil]:Universidade Federal de Minas Gerais

Date 2015-09
Series Title; No Textos para discussão Cedeplar-UFMG / 519
Pages 35
Subject Country Brazil(Americas)
South Korea(Asia and Pacific)
Language English
File Type Link
Subject Economy < Economic Conditions
Holding EconPapers

Abstract

The present paper expands the approach developed by Hidalgo et al. (2007), Hausmann et al. (2007) and Hidalgo and Hausmann (2009) to analyse the relationship between structural change and economic sophistication. To do so, the paper shows product space networks for each decade since the 1960’s and analyses revealed comparative (dis)advantages indictors for Brazil and South Korea from the 1960s to 2000s. The results show that although having similar per capita GDPs in the beginning of the series, South Korea achieved faster growth than Brazil by specialising in high sophistication, technology intensive goods.