| Full text | |
| Author(s): |
Kannebley Junior, Sergio
;
Martins Baroni, Joao Paulo
;
de Prince, Diogo
Total Authors: 3
|
| Document type: | Journal article |
| Source: | METROECONOMICA; v. 66, n. 4, p. 606-637, NOV 2015. |
| Web of Science Citations: | 1 |
| Abstract | |
This study tests for macro-hysteresis in Brazilian exports of manufactured products using a panel model with threshold parameters according to Hansen. To test hysteresis, the threshold variables are built based on studies by Parslei and Wei, and Penkova. There is evidence of asymmetrical responses, with more pronounced increases in the price elasticity of demand during periods of high depreciation of the exchange rate compared with periods of more pronounced currency appreciation. We also estimate the relative price intervals that correspond to the inaction band. (AU) | |
| FAPESP's process: | 10/14221-0 - An alternative test for the hysteresis hypothesis in Brazilian exports: a threshold panel approach |
| Grantee: | João Paulo Martins Terra Baroni |
| Support Opportunities: | Scholarships in Brazil - Master |