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Brazil's New Floating Exchange Rate Regime and Competitiveness in the World Poultry Market

Ecio Costa

Journal of Agricultural and Applied Economics, 2001, vol. 33, issue 2, 367-375

Abstract: In early 1999, Brazil devalued its currency, increasing its competitiveness in the poultry industry and capturing world market share. This paper discusses the devaluation and its effects on Brazil's trade, evaluates preliminary statistics on the impact of the devaluation on world poultry markets, and reports the results from a computable general equilibrium (CGE) simulation of the devaluation. The medium-run CGE results are compared to the short-run impacts reflected in the preliminary statistics.

Date: 2001
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Journal Article: BRAZIL'S NEW FLOATING EXCHANGE RATE REGIME AND COMPETITIVENESS IN THE WORLD POULTRY MARKET (2001) Downloads
Working Paper: BRAZIL'S NEW FLOATING EXCHANGE RATE REGIME AND COMPETITIVENESS IN THE WORLD POULTRY MARKET (2000) Downloads
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