Celio Hiratuka

Internacionalização de atividades de pesquisa e desenvolvimento das empresas transnacionais: análise da inserção das filiais brasileiras

The aim of this paper is to analyse the internationalisation of Research and Development activities carried by the Transnational Corporations. Based on the information of Transnational Corporations from United States provided by the Bureou of Economic Analisys, the paper try to assess how these corporations allocate its R&D expenses inf foreign countries, comparing the the role of Asia and Latin America affiliates, with special reference to Brazilian affiliates.

Universalization of telecommunications services: Public policies in the OECD and in Brazil

Purpose - The purpose of this paper is to analyze and compare the regulations and public policies for the universalization of telecommunications services taken by OECD countries and by Brazil. Design/methodology/approach - This analysis was mainly based on OECD reports, on the legislation of the Brazilian telecommunication sector and on scientific articles and news related to the theme. Findings - In accordance with the initiatives taken by OECD countries and with recent innovations arising from next generation networks, mainly based on internet protocols platforms, Brazil has also included broadband services in its universalization regulatory agenda. At the same time, the country has established several public programs aimed at expanding access to those services. Practical implications - Nevertheless, it is pointed out that there are still many challenges to an increase in Brazilian broadband penetration rates. Social implications - Therefore, it is suggested that, in Brazils case, some of these problems could be overcome through a direct government intervention in association with competition and industrial policies. Originality/value - The paper emphasizes that, although in line with the regulatory measures taken by developed countries, Brazilian telecom policies must be adapted taking into consideration the idiosyncrasies of this underdeveloped country.

Real exchange rate and investment in the Brazilian manufacturing industry

– The purpose of this paper is to study the impact of the real exchange rate on investment in the Brazilian manufacturing industry. , – The authors develop an investment model that considers the effect of changes in the real exchange rate, taking into account that the effect of the real exchange rate on the Brazilian manufacturing investment operates through demand and cost channels. The composition of these effects varies across manufacturing sectors, with different repercussions on investment decisions, depending on sectoral characteristics. A panel data analysis is applied to estimate the model for the Brazilian manufacturing sectors from 1996 to 2010. , – One main result is that the responsiveness of the Brazilian manufacturing investment to real exchange rate varies considerably across manufacturing sectors. Overall, the results contribute to a better understanding of the relationship between exchange rate dynamics, manufacturing investment and industrial development, thus unveiling important empirical elements for the debate on industrial policies to stimulate manufacturing investment and production. , – As the (scant) empirical literature on real exchange rate and investment in Brazil has invariably been using aggregate data, this paper contributes to the literature by obtaining sectoral estimates of the responsiveness of manufacturing investment to exchange rate fluctuations that further the understanding of the complex relationship between these economic variables.

The impact of Chinese competition on third markets: An analysis by region and technological category

This article seeks, through the use of a gravity model, to verify if in the 2000-2009 years Chinese exports have displaced exports from other countries in third markets. The contribution of this article is to provide an overview of Chinese competition, covering different regions and technology categories in a comparative way. The evidence shows that the effect of Chinese exports on global exports is mainly negative. The medium technology manufacturing sector is the segment most affected by Chinese competition. The results also indicate that developing economies are experiencing the most negative effect of Chinese competition, especially the emerging Asian countries.

CHANGES IN THE CHINESE DEVELOPMENT STRATEGY AFTER THE GLOBAL CRISIS AND ITS IMPACTS IN LATIN AMERICA

This paper aims to analyze the recent changes in economic relations between Latin American countries and China in the context of the transformations occurred in the latter’s development strategy after the global financial crisis. The text argues that, in relation to the first decade of the twenty-first century, connections linked to FDI, financing flows, and infrastructure projects have been growing in importance and present new challenges to Latin America, which surpass the ones based only on trade flows.

Brazilian Industry: Recent Performance and Future Challenges

The Brazilian industry has shown signs of recovery in terms of generation of employment and added value at the beginning of the twenty-first century, in sharp contrast with the stagnation observed in the last two decades of the twentieth century. But after the global crisis of 2007/2008, it has experienced difficulties in maintaining its momentum faced with at the international level. This chapter seeks to present the recent performance of Brazilian manufacturing industry, emphasizing the difficulties encountered in the post-crisis period, given the fierce competition at the international scenario, which resulted in rapid growth of imports in the internal market and difficulty to expand exports. An overview of the evolution of Brazilian industry is presented in terms of production, investments, international trade, and innovation. This chapter also seeks to highlight the main challenges ahead for the Brazilian manufacturing industry to recover its dynamism and contribution to Brazil’s economic development.

AVALIAÇÃO DA INSERÇÃO DO BRASIL NO COMÉRCIO INTERNACIONAL POR INTENSIDADE TECNOLÓGICA POR MEIO DE ANÁLISE DE REDES

O presente artigo explora a insercao do Brasil no comercio mundial utilizando a metodologia de analise de redes. O principal objetivo do artigo e verificar a posicao e a insercao do Brasil nas redes comerciais em diferentes grupos de produtos classificados por categorias tecnologicas e sua evolucao entre 2003 e 2012. Para isso, sao utilizadas medidas de centralidade e apresentada a posicao do pais em diferentes clusters de paises de acordo com sua importância na rede mundial de comercio. Busca-se apresentar, de maneira pioneira, como uma metodologia que vem sendo crescentemente utilizada nas ciencias sociais e tambem nos estudos economicos de comercio internacional, podendo ser aplicada para o caso brasileiro de forma complementar aos indicadores e metodologias tradicionais.

Financiamento às exportações: uma avaliação dos impactos dos programas públicos brasileiros

O artigo procura avaliar qual o impacto dos programas publicos de financiamento as exportacoes existentes no Brasil. Especificamente o artigo analisa os resultados do PROEX e do BNDES-EXIM. Para cumprir o objetivo o trabalho utiliza a metodologia de propensity score matching combinada com analise de painel. Os resultados apontam que os programas publicos brasileiros, em especial o BNDES-EXIM, tem impacto positivo sobre o valor exportado das firmas apoiadas.