Exchange rate regime and structural changes in the Brazilian manufacturing industry

Vol. 32 No. 3 (2012)

Jul-Sep / 2012
Published July 1, 2012
PDF-Portuguese (Português (Brasil))
PDF-Portuguese (Português (Brasil))

How to Cite

Araújo, Eliane, Miguel Bruno, and Débora Pimentel. 2012. “Exchange Rate Regime and Structural Changes in the Brazilian Manufacturing Industry”. Brazilian Journal of Political Economy 32 (3):424-44. https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/362.
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Exchange rate regime and structural changes in the Brazilian manufacturing industry

Eliane Araújo
Professora adjunta da Universidade Estadual de Maringá.
Miguel Bruno
Assessor de projetos especias — crescimento e desenvolvimento do IPEA e professor adjunto da UERJ.
Débora Pimentel
Mestre em Economia. Escola Nacional de Ciências Estatísticas, ENCE-IBGE, Brasil.
Brazilian Journal of Political Economy, Vol. 32 No. 3 (2012), Jul-Sep / 2012, Pages 424-444

Abstract

This article proposes an analysis of the relationship between exchange rate regime and evolution of the Brazilian manufacturing industry during the period 1980-2008. Its main purpose is to detect the direction of the structural changes imposed by the new form of international ion consolidated throughout the 1990s. The work also provides new empirical evidence regarding the assumptions of deindustrialization and "Dutch disease", which mark the current debate on the effects of the appreciation of real exchange rate in the Brazilian economy.

JEL Classification: F31; L16; L17; L25.


Keywords: exchange rate manufacturing industry structural changes

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