The Impact of Sector‐Specific and Economy‐Wide Policy Reforms on the Agricultural Sector in Brazil: 1980–98

Steven Helfand () and Gervásio Castro de Rezende

Contemporary Economic Policy, 2004, vol. 22, issue 2, 194-212

Abstract: This article analyzes the impact of policy reforms and changing macroeconomic conditions on the Brazilian agricultural sector. It stresses four issues: events outside of agriculture were central to the performance of the sector and to the timing and sequence of policy reform; reform involved far more than trade liberalization; the impact of reform on input markets and productivity was key for understanding the period; and policy reform had a highly differentiated impact on the sector. As a result of the reforms, agriculture became the most dynamic sector of the Brazilian economy in the 1990s. Policies still in need of reform are identified. (JEL O13, Q18)

Date: 2004
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