Medida de competitividade do bloco BRICS e o seu impacto na economia cearense - uma análise entre 2003-2017

Abstract

BRICs, a bloc of disparate economies, involving four countries, namely Brazil, Russia, India and China - and initially coined by Goldman Sachs analyst Jim O'Neill in 2001 - becomes an economic group, although signaling a broader bias, with impacts even on politics after the first meeting in 2008 in Yekaterinburg, Russia. It becomes BRICS as of 2011 with the entry of South Africa. In this context in which Brazil can benefit by sewing intra-BRICS economic partnerships, we have as consequence the benefit possibly generated in federative entities, and especially Ceará, the object of the research considered the possible impact of the BRICS on its economy. This work is based on an analysis of the structure of exports and imports from Ceará for the BRICS from 2003 to 2017, in which we developed an econometric model with estimation using the generalized panel least squares method, where we find evidence that the creation of the bloc positively affected the economy of Ceará in terms of exports.