The external orientation of the Brazilian manufacturing industry after trade liberalization

Renato Fonseca (), Mário C. de Carvalho () and Henry Pourchet ()

Brazilian Journal of Political Economy, 2000, vol. 20, issue 3, 212-228

Abstract: In this article we built external orientation indicators for the Brazilian manufacturingindustry. These indicators allow us to better understand the changes on trade orientationduring the 1990s and the effect of an external shock, considering both the revenue (externalsales and domestic competition with imports) and the cost (imported inputs) channels.The study shows that the net external orientation coefficient for the manufacturing sectoras a whole dropped by 11.3% between 1989 and 1998, diminishing the positive effect thatcurrency devaluation would have on the manufacturing sector. JEL Classification: F14; F60.

Keywords: Commercial integration; exports; liberalization; external orientation indicators (search for similar items in EconPapers)
Date: 2000
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