Effects of international shocks and domestic macroeconomic policies upon Brazilian agriculture
使用向量自回归模型分析外部商品冲击如何传导至巴西经济,并估计国内货币与汇率政策同外部农产品及原油价格冲击对国内工农业贸易条件的影响。
An identified vector-autoregressive model is used to analyze the transmission of external commodity shocks to the Brazilian economy. The effects of the interaction between domestic macroeconomic (monetary and exchange rate) policies and external shocks to agricultural commodity (raw material and food) prices and crude oil price upon domestic (agriculture/industry) terms of trade are estimated.