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Abstract
O propÛsito central deste trabalho È o de pesquisar o comportamento das exportaÁıes setoriais brasileiras a partir do Ìndice de vantagem comparativa revelada e do Ìndice de contribuiÁ„o ao saldo comercial, conforme estimaÁıes economÈtricas em painel. Nossa conclus„o mais relevante indica que as exportaÁıes brasileiras seguem direta e positivamente suas vantagens comparativas reveladas, mas elas s„o funÁ„o negativa do Ìndice de contribuiÁ„o ao saldo comercial. Como isso, podemos interpretar que, logo apÛs a intensa desvalorizaÁ„o cambial de 1999, as exportaÁıes cresceram em setores com elevadas vantagens comparativas, mas com baixa contribuiÁ„o ao saldo comercial, o que tem importantes implicaÁıes em termos de recomendaÁ„o de polÌtica de comÈrcio exterior.
Abstract
The main aim of this paper is to assess the relationship among the Brazilian exports, the Revealed Comparative Advantage Index (RCV) and the Balance Trade Contribution Index (TBC), according to panel data estimations. We can draw a conclusion that Brazilian exports are positively associated with the RCV, but negatively related to the TBC. As our analysis is concerned with the immediate impact of the currency depreciation in 1999, our remarkable result is that most Brazilian exports increased far more in sectors with high RCV than in sectors with high TBC.
Key words: Brazilian export. External competitiveness. Panel data analysis
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