A justamento estrutural e crescimento agrícola na década de 80 : notas adicionais
By: FERREIRA FILHO, Joaquim Bento de Souza
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ArticlePublisher: São Paulo : Editora 34, out./dez. 1998Revista de Economia Política = Brazilian Journal of Political Economy 18, 4, p. 84-95Abstract: This paper deals with some aspects of the Brazilian agriculture development in the near past. The growth rate differential between agriculture and industry in the 80s was first analysed. The conclusion is that the kind of structural adjustment the Brazilian economy has faced at that time has favored agriculture to grow faster than the industrial sector. The fall in the national income caused by the external savings interruption has mainly affected investiment, made out interelly of industrial products. In this way, industrial growth was much more severelly affected than agriculture. But this would not suffice to explain the real agriculture growth then. So, it was found that there was also an important supply side stimulus to agriculture, due to a huge reduction in the agricultural production costs. This has certainly been an important factor related to agriculture growth in the 80s
This paper deals with some aspects of the Brazilian agriculture development in the near past. The growth rate differential between agriculture and industry in the 80s was first analysed. The conclusion is that the kind of structural adjustment the Brazilian economy has faced at that time has favored agriculture to grow faster than the industrial sector. The fall in the national income caused by the external savings interruption has mainly affected investiment, made out interelly of industrial products. In this way, industrial growth was much more severelly affected than agriculture. But this would not suffice to explain the real agriculture growth then. So, it was found that there was also an important supply side stimulus to agriculture, due to a huge reduction in the agricultural production costs. This has certainly been an important factor related to agriculture growth in the 80s
Revista de Economia Política 1998
v. 18, n. 4(72)
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