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Please use this identifier to cite or link to this item: http://purl.umn.edu/55188

Title: A mudança do regime cambial e o seu impacto na balança comercial brasileira
Other Titles: The change of exchange rate regime and its impact on the Brazilian trade balance
Authors: Ferreira, Leo da Rocha
Silva, Carlos Alberto Goncalves da
Araujo, Paulo F. Cidade de
Authors (Email): Ferreira, Leo da Rocha (leorocha@uerj.br)
Silva, Carlos A. Goncalves da (gon.silva@soft2.com.br)
Araujo, Paulo F. Cidade de (pfcaraujo@gmail.com)
Keywords: Exchange Rate Policy
Commercial Trade Balance
Brazilian Agriculture
Issue Date: 2006
Abstract: The purpose of this paper is to evaluate the impact of the change on the Brazilian exchange rate policy implemented in January 1999, and to analyze agricultural sector transformations. Specifically, the paper is an attempt to identify the economic relations of the aggregate performance of the Brazilian commercial trade balance and total GDP or agricultural GDP, world income, and real exchange rate as of in the 1980-2006 (up to first quarter) period. The main conclusion of the study is that the exchange rate policy bands of Plano Real exerted a negative effect on exports and favored imports. With the liberation of the Brazilian exchange rate, from 1999 on, the estimated relations appear to have a positive net effect on the commercial trade balance of the country. But the statistical results of the econometric model are not reliable.
URI: http://purl.umn.edu/55188
Institution/Association: Revista de Economia e Agronegócio/Brazilian Review of Economics and Agribusiness>Volume 4, Number 2, 2006
Total Pages: 28
From Page: 123
To Page: 151
Collections:Volume 04, Number 2, 2006

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