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Exchange Rate Versus Tariff Policies in Brazil
Marcelo Rocha
Joaquim Guilhoto
Patríciade Lima
Francisco Filho
Sílvia Helena de Miranda
其他書名
Results from MIBRA-USP, an Interregional Applied General Equilibrium Model of the Brazilian Economy
出版
SSRN
, 2014
URL
http://books.google.com.hk/books?id=7p7jzwEACAAJ&hl=&source=gbs_api
註釋
Since the beginning of the 1990's Brazil has been experienced an opening process in the economy, which in turn has caused structural changes in the productive structure. In this work it is made an evaluation of the different impacts caused by changes in the exchange rate and in the tariffs over the Brazilian economy and its 5 macro regions. The study is done through the use of an interregional applied general equilibrium model, the MIBRA-USP. The results show that either a devaluation of the exchange rate or an increase in tariffs can cause a rise in the employment level as well as in the economic activity. However, there are differences between the policies, among which it is called attention for the real consumption of the families that decreases with the exchange rate devaluation and increases with higher tariffs.