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Spillover effects of rural credit: a CGE application for Brazilian regions

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  • Pinto, Talita
  • Zanetti De Lima, Cicero
  • Gurgel, Angelo
  • Teixeira, Erly

Abstract

This research aims to determine the spillover effects of rural credit promoted by the interest rate equalization policy (ETJ) on the Brazilian regions. This study uses the General Equilibrium Analysis Project for the Brazilian Economy (PAEG) to perform the analytical simulations. The results suggest that food, chemical, plastic and rubber, textile, and wood and furniture industries are indirectly positively affected by ETJ policy in Southern, Southeastern and Midwestern Brazil. The effects on service industry is small for all regions. For poor regions like the Northern and Northeastern, the results suggest a better public policy planning to maximize the direct and indirect effects.

Suggested Citation

  • Pinto, Talita & Zanetti De Lima, Cicero & Gurgel, Angelo & Teixeira, Erly, 2016. "Spillover effects of rural credit: a CGE application for Brazilian regions," Conference papers 332761, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    • Handle: RePEc:ags:pugtwp:332761
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    References listed on IDEAS

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    2. Gurgel, Angelo Costa, 2006. "Impactos da liberação comercial de produtos do agronegócio na rodada de Doha," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 60(2), November.
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    6. teixeira, Erly Cardoso, 1998. "Impact of the Uruguay Round Agreement and Mercosul on the Brazilian Economy," Revista Brasileira de Economia - RBE, EPGE Brazilian School of Economics and Finance - FGV EPGE (Brazil), vol. 52(3), July.
    7. Eduardo Rodrigues de Castro & Erly Cardoso Teixeira, 2012. "Rural credit and agricultural supply in Brazil," Agricultural Economics, International Association of Agricultural Economists, vol. 43(3), pages 293-302, May.
    8. Rae, Allan N. & Strutt, Anna, 2003. "The Current Round of Agricultural Trade Negotiations: Should We Bother About Domestic Support? Technical Annex," Estey Centre Journal of International Law and Trade Policy, Estey Centre for Law and Economics in International Trade, vol. 4(2), pages 1-6.
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