Effects of the Brazilian stabilization policies on tradables and non-tradables goods prices, 1994 - 2007

Authors

  • Marlon Bruno Salazar Escola Superior de Agricultura Luiz de Queiroz
  • Dênis Antônio da Cunha Universidade Federal de Viçosa
  • Antônio Carvalho Campos Universidade Federal de Viçosa

DOI:

https://doi.org/10.5380/re.v36i1.12085

Keywords:

Tradables and non-tradables goods, monetary policy and exchange, rate policy, VAR

Abstract

This work aims to analyze the tradables and non-tradables price index,considering their macroeconomics relations to the monetary and exchange ratepolicies adopted in Brazil after 1994. Also, it was explained the faster growth of nontradablesprices. The used framework was a Vector Autoregressive model (VAR).The results shows that monetary policy had a greater impact on non-tradablesprices and the exchange rate policy has affected more the tradables ones. Besides,the greater growth of non-tradables price had a strong inertial component.

Author Biographies

Marlon Bruno Salazar, Escola Superior de Agricultura Luiz de Queiroz

Doutorando em Economia Aplicada, Departamento de Economia, Administração e Sociologia, ESALQ/USP-SP

Dênis Antônio da Cunha, Universidade Federal de Viçosa

Doutorando em Economia Aplicada, Departamento de Economia Rural, UFV-MG.

Antônio Carvalho Campos, Universidade Federal de Viçosa

Ph.D. em Economia Agrícola, Professor Titular do Departamento de Economia Rural, UFV-MG.

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How to Cite

Salazar, M. B., Cunha, D. A. da, & Campos, A. C. (2010). Effects of the Brazilian stabilization policies on tradables and non-tradables goods prices, 1994 - 2007. Revista De Economia, 36(1). https://doi.org/10.5380/re.v36i1.12085

Issue

Vol. 36 No. 1 (2010)

Section

Artigos

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