Suchergebnisse

In this article external orientation indicators for the Brazilian manufacturing industry are outlined. These indicators allow to better understand the changes on trade orientation during the 1990s and the effect of an external shock, considering both the revenue (external sales and domestic competition with imports) and the cost (imported inputs) channels. The study shows that the net external orientation coefficient for the manufacturing sector as a whole dropped by 11.3% between 1989 and 1998, diminishing the positive effect that currency devaluation could have had on the manufacturing sector. (Rev Econ Polit/DÜI)