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Brazil'S New Floating Exchange Rate Regime And Competitiveness In The World Poultry Market

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  • Costa, Ecio de Farias

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.

Suggested Citation

  • Costa, Ecio de Farias, 2001. "Brazil'S New Floating Exchange Rate Regime And Competitiveness In The World Poultry Market," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 33(2), pages 1-9, August.
    • Handle: RePEc:ags:joaaec:15016
    DOI: 10.22004/ag.econ.15016
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    References listed on IDEAS

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    1. Hertel, Thomas, 1997. "Global Trade Analysis: Modeling and applications," GTAP Books, Center for Global Trade Analysis, Department of Agricultural Economics, Purdue University, number 7685, December.
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    Cited by:

    1. Domingues, Edson Paulo & Haddad, Eduardo Amaral, 2005. "Sensitivity Analysis in Computable General Equilibrium Models: An Application for the Regional Effects of the Free Trade Area of the Americas (FTAA)," Brazilian Review of Econometrics, Sociedade Brasileira de Econometria - SBE, vol. 25(1), May.
    2. Stephen Pratt, 2014. "A General Equilibrium Analysis of the Economic Impact of a Devaluation on Tourism: The Case of Fiji," Tourism Economics, , vol. 20(2), pages 389-405, April.

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