Recent cambial appreciation and the evolution of the brazilian exportations: an empirical analysis

It should be emphasized that, as a consequence of the real appreciation, one would expect a negative effect on foreign sales. The empiric analysis shows that the successive all-time records, that have been seen with regard to export financial volumes, have been mainly due to the higher prices of man...

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Bibliographic Details
Main Authors: Carlos Almeida CArdoso, Luis Felipe Vital Nunes Pereira, Helano Borges Dias
Format: Article
Language:Portuguese
Published: Universidade Federal de Santa Catarina 2008-08-01
Series:Textos de Economia
Subjects:
Online Access:https://periodicos.ufsc.br/index.php/economia/article/view/6103
Description
Summary:It should be emphasized that, as a consequence of the real appreciation, one would expect a negative effect on foreign sales. The empiric analysis shows that the successive all-time records, that have been seen with regard to export financial volumes, have been mainly due to the higher prices of manufactured goods. However, the picture is different when we look at semi manufactured and basic goods, in which cases the results have shown a loss of price competitivity in world markets, which has probably played a major part in bringing about the slowdown of the quantum exported.
ISSN:0103-6017
2175-8085