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As mudancas relacionadas ao processo de liberalizacao comercial na economia brasileira tem sido objetivo de varios estudos que enfocam os efeitos sobre o setor industrial. O presente trabalho analisa o impacto dessas mudancas sobre o grau de protecao (ou taxacao) nominal de produtos agricolas...
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This paper aims to estimate the equilibrium real exchange rate for the Brazilian economy. The equilibrium exchange rate is defined as the level of exchange that guarantees that the net foreign asset position is stable over time. An econometric model is estimated using cointegration techniques....
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This paper aims at assessing the effects of real exchange rate overvaluation over the export composition for developing countries in a time span of 1970-2004. For this intent, it is estimated an exchange rate overvaluation index by using panel cointegration techniques (Dynamic Ordinary Least...
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