000 02198nmb a22002657a 4500
003 AR-MoUNM
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008 171122b2020 ag ||||| |||| 00| 0 eng d
040 _aAR-MoUNM
_cAR-MoUNM
041 _aspa
100 1 _927068
_aDvoskin, Ariel.
245 1 0 _aOn the role of the exchange rate as a tool for industrial competitiveness = Sobre o papel da taxa de câmbio como ferramenta de competitividade industrial
_h[recurso electrónico] /
_cAriel Dvoskin ; German David Feldman ; Guido Ianni.
260 _a[Brazilian] :
_bBrazilian Journal of Political Economy,
_c2020.
300 _a1 recurso en línea (22 p.)
520 3 _aBy means of a two-tradable-sector model for an open, price-taking economy inspired by the Classical-Sraffian tradition, which conceives the pattern of trade as a technical choice problem, we examine some difficulties with the recourse to exchange-rate policy as a tool to promote sectorial competitiveness. To this aim, we distinguish among economies that only produce manufactures from those in which the most profitable sector exploits natural resources under conditions of differential rent. We show that, when both tradable sectors produce industrial goods, conventional devaluation does not generally allow one domestic sector to reach international competitiveness without damaging the other. While when the prevailing sector operates under conditions of differential rent, even though the development of a new sector – by setting the exchange rate at its “industrial-equilibrium” level – is pos- sible, this requires that the policymaker determines the effect of changes in the exchange rate,both in direction and magnitude, on the other distributive variables.
650 7 _2mpirdes
_919
_aECONOMIA
650 7 _2unescot
_98227
_aTIPO DE CAMBIO
650 7 _2mpirdes
_93411
_aCOMPETITIVIDAD
650 7 _2unescot
_95244
_aINDUSTRIA
700 1 _927036
_aIanni, Guido.
700 1 _927070
_aFeldman, Germán D.
773 _tBrazilian Journal of Political Economy, vol. 40, nº 2, April-June/2020
_gpp. 310-331.
856 4 0 _yAcceda al artículo
_uhttps://unmcloud.unm.edu.ar/index.php/s/ZJFLGGjRRfjXHFx
942 _cANALÍTICA
999 _c20986
_d20987