TRANSMISSION OF EXCHANGE RATE VARIATION FOR BRAZILIAN SOYBEAN GRAIN EXPORT PRICES: A COMPARATIVE STUDY OF DOLLAR AND EURO
The aim of this work consisted in the relation exam between exchange rate variations and the Brazilian soybean grain export prices, relation defined as the pass-through of exchange rate, having as reference the period from January, 2000 until December, 2018. For this, we estimated two models: in dol...
| Autores: | , |
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| Tipo de recurso: | artículo |
| Estado: | Versión publicada |
| Fecha de publicación: | 2020 |
| País: | Brasil |
| Institución: | Universidade Regional do Noroeste do Estado do Rio Grande do Sul (UNIJUI) |
| Repositorio: | Desenvolvimento em Questão |
| Idioma: | portugués |
| OAI Identifier: | oai:ojs.revistas.unijui.edu.br:article/8889 |
| Acceso en línea: | https://www.revistas.unijui.edu.br/index.php/desenvolvimentoemquestao/article/view/8889 |
| Access Level: | acceso abierto |
| Palabra clave: | Grão de soja. Preços de Exportação. Pass-Through. Soybean grain; Export Prices; Pass-Through. |
| Sumario: | The aim of this work consisted in the relation exam between exchange rate variations and the Brazilian soybean grain export prices, relation defined as the pass-through of exchange rate, having as reference the period from January, 2000 until December, 2018. For this, we estimated two models: in dollar and in euro. The data was collected from the sites of Institute for Applied Economic Research – IPEA and WORLD BANK. In this sense, we used instrumental of time series, especially of the Vector Error Correction Model. The results found provided indications that the degree of pass-through of the exchange rate for the soybean grai n export prices occurred in a incomplete way, with the coefficient for dollar and euro of, respectively, -0.29 and -0.33, representing that depreciations of the exchange rate do not translate themselves in significant gains of competitiveness, since that they do not reduce expressively the export prices. |
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