Brazilian trade policies: some observed and estimated effects of the 1990s liberalization

Authors

  • William Tyler Universidade do Estado do Rio de Janeiro. Faculdade de Ciências Econômicas
  • Angelo Costa Gurgel Universidade de São Paulo. Faculdade de Economia, Administração e Contabilidade de Ribeirão Preto

DOI:

https://doi.org/10.1590/S0101-41612009000100003

Keywords:

trade liberalization, protection, general equilibrium model analysis

Abstract

This paper seeks to examine economic effects of Brazil's trade policy liberalization in the early-1990s. The effects in Brazil, along with those of many other countries pursuing similar reforms, have been contentious. The period in question was one of macroeconomic turmoil followed by successful stabilization, and various policies were pursued sometimes simultaneously, rendering it analytically difficult to separate out various policy effects. The paper examines the existing evidence on the country's productivity growth and employs a computable general equilibrium (CGE) model to simulate the effects of trade policy changes. The analysis suggests that the trade policy reforms resulted in significant welfare gains for Brazil.

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Published

31-03-2009

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How to Cite

Tyler, W., & Gurgel, A. C. (2009). Brazilian trade policies: some observed and estimated effects of the 1990s liberalization . Estudos Econômicos (São Paulo), 39(1), 59-88. https://doi.org/10.1590/S0101-41612009000100003