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Liquidez internacional e exportações brasileiras: 1960-2002

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Author Info

  • Marco Flávio da Cunha Resende

    (Cedeplar-UFMG)

  • Nara Rúbia Dante de Godoy

Abstract

By using the Post-Keynesian approach, a link was obtained for international liquidity cycles and undevelopment economies exports. We argue that the international liquidity variable should be included in the export equation for Brazil, which was estimated in this paper. The econometric procedures were based on the Engle Granger and Johansen methods. The results don’t reject the hypothesis that there is a long-term relationship between the international liquidity and the Brazilian exports.

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Bibliographic Info

Paper provided by Cedeplar, Universidade Federal de Minas Gerais in its series Textos para Discussão Cedeplar-UFMG with number td247.

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Length: 25 pages
Date of creation: Feb 2005
Date of revision:
Handle: RePEc:cdp:texdis:td247

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Related research

Keywords: international liquidity; financial instability; exports;

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