Artículos de revistas
A substituição de importações no Brasil entre 1995 e 2000
Import substitution in Brazil between 1995 and 2000
Fecha
2005Registro en:
Rev. Econ. Polit.,v.25,n.3,p.190-208,2005
Autor
Franco, Ana Maria de Paiva
Baumann, Renato
Institución
Resumen
This work estimates the import substitution process in Brazilian industrial sectors in a recent period and evaluates whether it is occurring naturally or is in part induced by some kind of external commercial policy. An index to measure import substitution was calculated for forty nine sectors of industry. A regression analysis with this index against effective tariffs and real effective exchange rate, during the period 1995-2000, shows that these variables (effective tariffs and real effective exchange rates) did affect the substitution index. From 1999 on, the influence of the exchange rate over the import substitution index was greater than the influence of the effective tariff, suggesting that the process of import substitution post the Brazilian currency depreciation occurred in 1999 contains elements that characterizes it as a "natural" process.