BRAZIL'S NEW FLOATING EXCHANGE RATE REGIME AND COMPETITIVENESS IN THE WORLD POULTRY MARKET

In early 1999, Brazil devalued its currency, increasing its competitiveness in the poultry industry and capturing world market share. This paper discusses the devaluation and its effects on Brazil's trade, evaluates preliminary statistics on the impact of the devaluation on world poultry markets, and reports the results from a computable general equilibrium (CGE) simulation of the devaluation. The medium-run CGE results are compared to the short-run impacts reflected in the preliminary statistics.


Issue Date:
2001-08
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/15016
Published in:
Journal of Agricultural and Applied Economics, Volume 33, Number 2
Page range:
367-375
Total Pages:
9




 Record created 2017-04-01, last modified 2017-04-04

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