We build a database and model to develop general equilibrium analysis of the Brazilian economy at the level of the five macro regions. The model is multiregional at global level as also at the Brazilian level. The project is coupled to the GTAP model through disaggregation of the original...

The objective of this paper is to determine the effects of the creation of MERCOEURO stemming from an indirect tax reduction in the Brazilian economy. Four different scenarios were analyzed taking into account the elimination of tariffs on imports among the member countries in the MERCOEURO...

Since the 1980s, the investments in infrastructure have been significantly reduced, jeopardizing Total Factor Productivity (TFP) and competitiveness of Brazilian agriculture. The Solow growth model with panel data is used to estimate TFP. An adaptation of the Zhang and Fan (2004) model for...

The objective of this study was to analyze the aggregate agriculture productionfunction for the state of Minas Gerais. The analysis was accomplished in two phases.First, we separate the municipalities in terms of the productive efficiency, using thenon-parametric approach of data envelopment...

The aim of this study is to investigate the direct and indirect impacts of sugarcane expansion on deforestation in the Brazilian Amazon from 2001 to 2008. The analysis is based on the multi-output production theory where the annual agricultural acreage represents the Production Possibility...

The Brazilian Interest Rate Equalization System (IRES) subsidizes farmers by providing them with credit at lower than market interest rates. The objective of this research is to evaluate the IRES by comparing its monetary cost with its benefits as measured by Brazilian GDP growth. Estimates are...

The objective of this study was to analyze the aggregate agriculture production function for the state of Minas Gerais. The analysis was accomplished in two phases. First, we separate the municipalities in terms of the productive efficiency, using the non-parametric approach of data envelopment...

The Brazilian Interest Rate Equalization System (IRES) subsidizes farmers by providing them with credit at lower than market interest rates. The objective of this research is to evaluate the IRES by comparing its monetary cost with its benefits as measured by Brazilian GDP growth. Estimates are...

The objective of this paper is to analyze the 1999 exchange rate (real/dollar) devaluation impact on coffee and intermediate input prices. Input price increased with exchange rate devaluation, reducing the positive effect of the exchange rate on coffee production, compared with the scenario...