English, Article edition: Há Realmente uma Tendência a Deterioração dos Termos de Troca? Uma Análise dos Dados Brasileiros Emerson Fernandes Marçal

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  • article
Language
  • English

Edition details

Title
  • Há Realmente uma Tendência a Deterioração dos Termos de Troca? Uma Análise dos Dados Brasileiros
Author
  • Emerson Fernandes Marçal
Physical Description
  • article
Notes
  • The Prebisch-Singer hypothesis of a secular decline in terms of trade is tested using modern time series econometric techniques. Using a multivariate cointegration test, the Presbish-Singer hypothesis for Brazil is rejected. The period covered by the sample is 1850-2001. The evidence shows that Brazilian terms of trade is stationary around a constant level. There is no evidence favourable to a secular trend of decline in Brazilian terms of trade.
  • Hipótese Prebisch-Singer, Cointegração, Termos de Troca, Raiz Unitária
  • RePEc:anp:econom:v:7:y:2006:i:2:p:307-329
Language
  • English
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