Os efeitos do câmbio e juros na balança comercial paranaense

The exchange rate affects the economy productive structure through its impact on the external sector. Some empirical studies suggest that the recent process of exchange rate evaluation in the Brazilian economy has a significant impact on some of its key sectors competitiveness, disturbing creation of job and long run development. The effects of high interest rate on the economic performance through shifts on the entrepreneurs’ investment decisions are also extremely important. Therefore, the analysis of exchange and interests rates effects on the productive structure is truly important to understand a regions’ economic performance. Taking into consideration this scenario, the present study main objective is to analyze the impact of these two above mentioned variables on Paraná State external sectors between April of 2001 and December of 2006.