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Macroeconomic stabilization policies of the real plan and its effects on Brazilian agribusiness

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  • Fochezatto, Adelar

Abstract

This work analyses the effects of trade and exchange policies adopted in the first stage of Real Plan on some macroeconomic indicators and the production of some sectors of the Brazilian agribusiness. Using a Computable General Equilibrium (CGE) model, measures of economic policy were simulated and the results obtained were compared to the reference situation. It was verified that, in general, the agribusiness sectors benefited from the reduction of import taxes and from the exchange devaluation, which occurred after the implementation of the Real Plan in 1994.

Suggested Citation

  • Fochezatto, Adelar, 2003. "Macroeconomic stabilization policies of the real plan and its effects on Brazilian agribusiness," Revista de Economia e Sociologia Rural (RESR), Sociedade Brasileira de Economia e Sociologia Rural, vol. 41(4), January.
    • Handle: RePEc:ags:revi24:342052
    DOI: 10.22004/ag.econ.342052
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    References listed on IDEAS

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    1. Jaime de MELO & Sherman ROBINSON, 2015. "Product Differentiation And The Treatment Of Foreign Trade In Computable General Equilibrium Models Of Small Economies," World Scientific Book Chapters, in: Modeling Developing Countries' Policies in General Equilibrium, chapter 2, pages 21-41, World Scientific Publishing Co. Pte. Ltd..
    2. Devarajan, Shantayanan & Lewis, Jeffrey & Robinson, Sherman, 1990. "Policy Lessons from Two-Sector Models," CUDARE Working Papers 198566, University of California, Berkeley, Department of Agricultural and Resource Economics.
    3. Decaluwe, Bernard & Martens, Andre, 1988. "CGE modeling and developing economies: A concise empirical survey of 73 applications to 26 countries," Journal of Policy Modeling, Elsevier, vol. 10(4), pages 529-568.
    4. Devaragan, Shantayanan & Lewis, Jeffrey D. & Robinson, Sherman, 1990. "Policy lessons from trade-focused, two-sector models," Journal of Policy Modeling, Elsevier, vol. 12(4), pages 625-657.
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