Preços relativos e concentração na indústria brasileira : análise das fases de expansão e retração da atividade econômica de 1974 a 1994
By: SATO, Claudio Seiji
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ArticlePublisher: São Paulo : Nobel, jan./mar. 1996Revista de Economia Política = Brazilian Journal of Political Economy 16, 1, p. 142-151Abstract: This paper examines the relative prices behavior of the Brazilian industry in the phases of expansion and retraction of the economic activity level between 1974-1994. The results suggest that relative prices of the oligopolistic sector accelerate more (less) in periods of recession (expansion) then the competitive sector. The main conclusion is that given the differentiated behavior in the price and low competition of the majority of the Brazilian industry, it is likely that the recession result of a restrict economic policy will be absorved by the competitive sector in favour of the oligopolistic sector
This paper examines the relative prices behavior of the Brazilian industry in the phases of expansion and retraction of the economic activity level between 1974-1994. The results suggest that relative prices of the oligopolistic sector accelerate more (less) in periods of recession (expansion) then the competitive sector. The main conclusion is that given the differentiated behavior in the price and low competition of the majority of the Brazilian industry, it is likely that the recession result of a restrict economic policy will be absorved by the competitive sector in favour of the oligopolistic sector
Revista de Economia Política 1996
v. 16, n. 1(61)
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