Exchange rate pass-through in Brazil: : Input-Output Analysis

Detalhes bibliográficos
Autor(a) principal: Amaral, Stefany Silva
Data de Publicação: 2023
Outros Autores: Silva, Igor Ézio Maciel, Leite, Fabrício Pitombo
Tipo de documento: Artigo
Idioma: por
Título da fonte: Nova Economia (Online)
Texto Completo: https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7324
Resumo: This research aimed to analyze the exchange rate pass-through in Brazil between 1995 and 2015. Using Input-Output Analysis (IOA) was investigated cost-push channel exerted by exchange rate variations. The results suggest that changes in the structure of intermediate consumption may be causing a higher cost pressure in recent years. Comparison with literature results that differ in methodology indicate that there is an inhibition of cost pressure. This corroborates the hypothesis that the environment of low and stable inflation in Brazil must be reducing the firms' pricing power.
id UFMG-4_2206cacf0a115c1bc9c47d2255539b73
oai_identifier_str oai:ojs.pkp.sfu.ca:article/7324
network_acronym_str UFMG-4
network_name_str Nova Economia (Online)
repository_id_str
spelling Exchange rate pass-through in Brazil: : Input-Output AnalysisPass-through cambial no Brasil: pressão de custos em uma abordagem insumo-produto: Input-Output AnalysisThis research aimed to analyze the exchange rate pass-through in Brazil between 1995 and 2015. Using Input-Output Analysis (IOA) was investigated cost-push channel exerted by exchange rate variations. The results suggest that changes in the structure of intermediate consumption may be causing a higher cost pressure in recent years. Comparison with literature results that differ in methodology indicate that there is an inhibition of cost pressure. This corroborates the hypothesis that the environment of low and stable inflation in Brazil must be reducing the firms' pricing power.Esta pesquisa teve como objetivo analisar o pass-through cambial aos preços domésticos no Brasil entre 1995 e 2019. Utilizando Análise Insumo-Produto (AIP) foi investigada a pressão de custos exercida por variações cambiais (cost-push channel), além de serem analisados o papel dos bens finais importados e a participação e relevância de setores específicos na formação de preços. Os resultados sugerem que mudanças na estrutura de consumo intermediário podem estar provocando maior pressão de custos nos últimos anos. Além disso, são revelados os efeitos desagregados setorialmente, mostrando que setores como o automobilístico, alimentício, farmacêutico, de refino do petróleo e de comércio por atacado e varejo têm maior participação no repasse cambial. Palavras-chave: pass-through cambial, canal de custos da inflação, análise insumo-produto (AIP).Departamento de Ciências Econômicas da UFMG2023-10-11info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7324Nova Economia; Vol. 33 No. 2 (2023): Revista Nova Economia; 475-502Nova Economia; v. 33 n. 2 (2023): Revista Nova Economia; 475-5021980-53810103-6351reponame:Nova Economia (Online)instname:Universidade Federal de Minas Gerais (UFMG)instacron:UFMGporhttps://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7324/4013Copyright (c) 2023 Stefany Silva Amaral, Igor Ézio Maciel Silva, Fabrício Pitombo Leitehttp://creativecommons.org/licenses/by/4.0info:eu-repo/semantics/openAccessAmaral, Stefany SilvaSilva, Igor Ézio MacielLeite, Fabrício Pitombo2023-12-27T01:35:51Zoai:ojs.pkp.sfu.ca:article/7324Revistahttps://revistas.face.ufmg.br/index.php/novaeconomiaPUBhttps://revistas.face.ufmg.br/index.php/novaeconomia/oai||ne@face.ufmg.br1980-53810103-6351opendoar:2023-12-27T01:35:51Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)false
dc.title.none.fl_str_mv Exchange rate pass-through in Brazil: : Input-Output Analysis
Pass-through cambial no Brasil: pressão de custos em uma abordagem insumo-produto: Input-Output Analysis
title Exchange rate pass-through in Brazil: : Input-Output Analysis
spellingShingle Exchange rate pass-through in Brazil: : Input-Output Analysis
Amaral, Stefany Silva
title_short Exchange rate pass-through in Brazil: : Input-Output Analysis
title_full Exchange rate pass-through in Brazil: : Input-Output Analysis
title_fullStr Exchange rate pass-through in Brazil: : Input-Output Analysis
title_full_unstemmed Exchange rate pass-through in Brazil: : Input-Output Analysis
title_sort Exchange rate pass-through in Brazil: : Input-Output Analysis
author Amaral, Stefany Silva
author_facet Amaral, Stefany Silva
Silva, Igor Ézio Maciel
Leite, Fabrício Pitombo
author_role author
author2 Silva, Igor Ézio Maciel
Leite, Fabrício Pitombo
author2_role author
author
dc.contributor.author.fl_str_mv Amaral, Stefany Silva
Silva, Igor Ézio Maciel
Leite, Fabrício Pitombo
description This research aimed to analyze the exchange rate pass-through in Brazil between 1995 and 2015. Using Input-Output Analysis (IOA) was investigated cost-push channel exerted by exchange rate variations. The results suggest that changes in the structure of intermediate consumption may be causing a higher cost pressure in recent years. Comparison with literature results that differ in methodology indicate that there is an inhibition of cost pressure. This corroborates the hypothesis that the environment of low and stable inflation in Brazil must be reducing the firms' pricing power.
publishDate 2023
dc.date.none.fl_str_mv 2023-10-11
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7324
url https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7324
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://revistas.face.ufmg.br/index.php/novaeconomia/article/view/7324/4013
dc.rights.driver.fl_str_mv Copyright (c) 2023 Stefany Silva Amaral, Igor Ézio Maciel Silva, Fabrício Pitombo Leite
http://creativecommons.org/licenses/by/4.0
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2023 Stefany Silva Amaral, Igor Ézio Maciel Silva, Fabrício Pitombo Leite
http://creativecommons.org/licenses/by/4.0
eu_rights_str_mv openAccess
dc.publisher.none.fl_str_mv Departamento de Ciências Econômicas da UFMG
publisher.none.fl_str_mv Departamento de Ciências Econômicas da UFMG
dc.source.none.fl_str_mv Nova Economia; Vol. 33 No. 2 (2023): Revista Nova Economia; 475-502
Nova Economia; v. 33 n. 2 (2023): Revista Nova Economia; 475-502
1980-5381
0103-6351
reponame:Nova Economia (Online)
instname:Universidade Federal de Minas Gerais (UFMG)
instacron:UFMG
instname_str Universidade Federal de Minas Gerais (UFMG)
instacron_str UFMG
institution UFMG
reponame_str Nova Economia (Online)
collection Nova Economia (Online)
repository.name.fl_str_mv Nova Economia (Online) - Universidade Federal de Minas Gerais (UFMG)
repository.mail.fl_str_mv ||ne@face.ufmg.br
_version_ 1799711060449558528

Registros relacionados