TY - JOUR AU - Filho, Joaquim Bento de Souza Ferreira PY - 1998/10/01 Y2 - 2024/03/29 TI - Structural adjustment and agricultural growth in the 1980s: additional notes JF - Brazilian Journal of Political Economy JA - BJPE VL - 18 IS - 4 SE - DO - 10.1590/0101-31571998-1272 UR - https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1152 SP - 581-594 AB - <p>This paper deals with some aspects of the Brazilian agriculture development in<br />the near past. The growth rate differential between agriculture and industry in the 80’s was<br />first analysed. The conclusion is that the kind of structural adjustment the Brazilian economy<br />has faced at that time has favored agriculture to grow faster than the industrial sector. The<br />fall in the national income caused by the external savings interruption has mainly affected<br />investment, made out integrally of industrial products. In this way, industrial growth was<br />much more severally affected than agriculture. But this would not suffice to explain the real<br />agriculture growth then. So, it was found that there was also an important supply side stimulus<br />to agriculture, due to a huge reduction in the agricultural production costs. This has<br />certainly been an important factor related to agriculture growth in the 80’s.</p><p><strong>JEL Classification:</strong> Q11; O47.</p> ER -