The ‘developmentalist’ debate in Brazil and the role of industry: new results of old lessons

Abstract This article contributes to the ‘developmentalist’ debate using the 2014 Brazilian input-output matrix. After estimating the matrix, it assesses the impacts of an increase in investment in terms of linkage effects; employment, wages and production creation; and the import needs of the 20 sectors into which the IBGE divides the Brazilian economy. In so doing, it draws conclusions about the role of the industrial sector in the improvement of economic development.