Taxa de câmbio, exportações e crescimento : uma investigação sobre a hipótese de doença holandesa no Brasil
By: VERÍSSIMO, Michele Polline
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Contributor(s): XAVIER, Clésio Lourenço.
Material type: 
ArticlePublisher: São Paulo : Editora 34, jan./mar. 2013Subject(s): Câmbio | Exportação | Recursos Naturais | Setor Primário | Commodity | Brasil | BrasilOnline resources: Acesso Revista de Economia Política = Brazilian Journal of Political Economy 33, 1, p. 82-101Abstract: This paper investigates the hypothesis of Dutch disease in Brazil by the existence of a negative relationship between commodity exports and the real exchange rate, and the effects of export specialization in commodities on the Brazilian economic growth from 1999 to 2010 based on VAR model. The evidences suggested an expressive importance of commodities exports in explaining the real exchange rate changes. Moreover, commodities exports shocks were relevant to explain Brazilian economic growth rate changes, which supports the "curse" of natural resources literature
This paper investigates the hypothesis of Dutch disease in Brazil by the existence of a negative relationship between commodity exports and the real exchange rate, and the effects of export specialization in commodities on the Brazilian economic growth from 1999 to 2010 based on VAR model. The evidences suggested an expressive importance of commodities exports in explaining the real exchange rate changes. Moreover, commodities exports shocks were relevant to explain Brazilian economic growth rate changes, which supports the "curse" of natural resources literature
v. 33, n. 1(130)
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