Publicação
EXCHANGE RATE POLICY, P RODUCTIVE STRUCTURE AND ECONOMIC GROWTH: THEORETICAL AND EMPIRICAL EVIDENCE FOR BRAZIL IN THE 1996-2012 PERIOD
| Resumo: | The objective in this paper is to analyze the profile of the Brazilian productive structure between 1996 and 2012, and how it was impacted by the exchange rate regime of the period. The hypothesis is that the exchange rate regime adopted was detrimental to the sectors more technologically sophisticated, favoring the more traditional sectors and linked to primary activities. This regime has changed the profile of the Brazilian productive structure, causing a process of deindustrialization on which is reflected in the external sector variables and has important consequences for economic growth. Given this situation, the resumption of sustained economic growth can only be achieved through the re-industrialization of the Brazilian economy, for which the exchange rate policy is the key variable to determine this structural change. |
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| Autores principais: | Araújo, Eliane Cristina de |
| Outros Autores: | Peres, Samuel Costa |
| Assunto: | Structural change Foreign trade Exchange rate policy F31 F43 L16 Mudança estrutural Comércio exterior Política cambial F31 F43 L16 |
| Ano: | 2018 |
| País: | Brasil |
| Tipo de documento: | artigo |
| Tipo de acesso: | unknown |
| Instituição associada: | IBICT |
| Idioma: | português |
| Origem: | Oasisbr |
| Resumo: | The objective in this paper is to analyze the profile of the Brazilian productive structure between 1996 and 2012, and how it was impacted by the exchange rate regime of the period. The hypothesis is that the exchange rate regime adopted was detrimental to the sectors more technologically sophisticated, favoring the more traditional sectors and linked to primary activities. This regime has changed the profile of the Brazilian productive structure, causing a process of deindustrialization on which is reflected in the external sector variables and has important consequences for economic growth. Given this situation, the resumption of sustained economic growth can only be achieved through the re-industrialization of the Brazilian economy, for which the exchange rate policy is the key variable to determine this structural change. |
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