Blessing or curse: Impacts of the Brazilian Pre-Salt oil exploration
Aline Souza Magalhães and
Edson Domingues ()
Additional contact information
Aline Souza Magalhães: Cedeplar, UFMG, Brazil
Economia, 2014, vol. 15, issue 3, 343_362
The discoveries of oil and gas in the so-called “Pre-Salt layer” have triggered a lot of discussions about their economic effect. In this paper we discuss in detail a less discussed dimension: the impact of Pre-Salt layer in the structure of the Brazilian economy, especially the composition of the industry and exports. Similar consequences in the country of “Dutch disease” and “deindustrialization” due to revenues from oil exports are evaluated. The methodology used is a dynamic global general equilibrium model, with specific features for the treatment of the issues raised.
Keywords: Pre-Salt; Dutch disease; Industry; Computable general equilibrium model (search for similar items in EconPapers)
JEL-codes: C68 L6 Q32 Q34 (search for similar items in EconPapers)
References: Add references at CitEc
Citations: View citations in EconPapers (5) Track citations by RSS feed
Downloads: (external link)
http://ac.els-cdn.com/S1517758014000356/1-s2.0-S15 ... 5a7f1183ed6211656f4a (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:anp:econom:v:15:y:2014:3:343_362
Ordering information: This journal article can be ordered from
Secretaria da ANPEC Rua Prof Marcos Valdemar de Freitas Reis s/n Campus do Campus do GragoatÃ¡, Bloco F NiterÃ³i, RJ 24210-201 Brazil
Access Statistics for this article
Economia is currently edited by Joaquim Pinto de Andrade
More articles in Economia from ANPEC - AssociaÃ§Ã£o Nacional dos Centros de PÃ³s-GraduaÃ§Ã£o em Economia [Brazilian Association of Graduate Programs in Economics] Secretaria da ANPEC Rua Prof Marcos Valdemar de Freitas Reis s/n Campus do Campus do GragoatÃ¡, Bloco F NiterÃ³i, RJ 24210-201 Brazil. Contact information at EDIRC.
Bibliographic data for series maintained by Rodrigo Zadra Armond ().