O PASS-THROUGH DAS VARIAÇÕES DA TAXA DE CÂMBIO PARA OS PREÇOS DE EXPORTAÇÃO DE SOJA

Abstract

The objective of this work is to assess the pass-through coefficient of the exchange rate variations for the export prices of soybeans in Brazil, in the period comprised between 1994 and 2004. Time series econometrics was used in order to obtain the results to measure the pass-through coefficients of the exchange rate for the export prices. The result demonstrate a non-complete pass-through rate circa - 0,34, showing that exchange policy may cause positive impacts on the exportation amounts, however, it should not be the only motivation policy.