Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model

During the 2000's, and from a macro perspective, Brazil benefited greatly because the increasing prices of agricultural commodities in world markets, as well as the price of oil and other primary commodities, which the country exports intensively. However, because the impacts these commodities...

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Detalles Bibliográficos
Autores principales: Moncarz, Pedro Esteban, Barone, Sergio, Descalzi, Ricardo Luis
Formato: conferenceObject
Lenguaje:Inglés
Publicado: Asociación Argentina de Economía Política 2021
Materias:
Acceso en línea:http://hdl.handle.net/11086/19181
Aporte de:
id I10-R14111086-19181
record_format dspace
institution Universidad Nacional de Córdoba
institution_str I-10
repository_str R-141
collection Repositorio Digital Universitario (UNC)
language Inglés
topic Commodity prices
Poverty
Social accounting matrix
Brazil
spellingShingle Commodity prices
Poverty
Social accounting matrix
Brazil
Moncarz, Pedro Esteban
Barone, Sergio
Descalzi, Ricardo Luis
Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
topic_facet Commodity prices
Poverty
Social accounting matrix
Brazil
description During the 2000's, and from a macro perspective, Brazil benefited greatly because the increasing prices of agricultural commodities in world markets, as well as the price of oil and other primary commodities, which the country exports intensively. However, because the impacts these commodities might have on consumer prices, it is possible to envisage redistributive effects. We model the responses of consumer and factor prices using a Social Accounting Matrix model, which can be adapted to develop a price model that captures the interdependences among activities, households and factors. An advantage of the proposed methodology is, among others, that it allows us to estimates a full set of effects, including changes in government transfers and payments by social security. The results show that following an increase in the international prices of primary commodities, the responses of internal prices, of goods and factors, mean a welfare loss over the entire household per capita expenditure distribution, with those in the middle being the least affected. However, the differences among households are not very important. Inequality indices show little responsiveness to the simulated shocks.
format conferenceObject
author Moncarz, Pedro Esteban
Barone, Sergio
Descalzi, Ricardo Luis
author_facet Moncarz, Pedro Esteban
Barone, Sergio
Descalzi, Ricardo Luis
author_sort Moncarz, Pedro Esteban
title Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
title_short Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
title_full Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
title_fullStr Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
title_full_unstemmed Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
title_sort rising commodity prices and welfare in brazil. a short-run analysis using a sam price model
publisher Asociación Argentina de Economía Política
publishDate 2021
url http://hdl.handle.net/11086/19181
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AT baronesergio risingcommoditypricesandwelfareinbrazilashortrunanalysisusingasampricemodel
AT descalziricardoluis risingcommoditypricesandwelfareinbrazilashortrunanalysisusingasampricemodel
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