000 01889naa a2200325uu 4500
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008 140911s2014 bl ||||gr |0|| 0 eng d
100 1 _aOREIRO, José Luís
_933284
245 1 0 _aEffects of overvaluation and exchange rate volatility over industrial investment
260 _aSão Paulo :
_bEditora 34,
_cJuly./Sept. 2014
520 3 _aThe present article aims to analyze the recent behavior of real exchange rate in Brazil and its
520 3 _aeffects over investment per worker in Brazilian manufacturing and extractive industry. Preliminary
520 3 _aestimates presented in the article shows an over-valuation of 48% of real exchange rate in Brazil. The
520 3 _areaction between the level (and volatility) of real exchange rate and investment (per worker) in Brazil
520 3 _ais analyzed by means of a panel data econometric model for 30 sectors of Brazilian manufacturing
520 3 _aand extractive industry. The empirical results show that the level and volatility of real exchange rate
520 3 _ahas a strong effect over investment per worker in Brazilian industry. Finally, we conclude the article
520 3 _apresenting a proposal for a new macroeconomic regime that aims to produce an acceleration of
520 3 _aeconomic growth of Brazilian economy and, by that, a catching-up process with developed countries
590 _av. 34, n. 3 (136)
700 1 _aBASILIO, Flavio A. C.
_949644
700 1 _aSOUZA, Gustavo J. G.
_949645
773 0 8 _tRevista de Economia Política = Brazilian Journal of Political Economy
_g34, 3, p. 347-369
_dSão Paulo : Editora 34, July./Sept. 2014
_xISSN 01013157
_w
856 4 2 _uhttp://www.rep.org.br/PDF/136-1.PDF
_yAcesso
942 _cS
998 _a20140911
_b1458^b
_cPedro
998 _a20150130
_b1616^b
_cCarolina
999 _aConvertido do Formato PHL
_bPHL2MARC21 1.1
_c46129
_d46129
041 _aeng