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

Autores
Moncarz, Pedro Esteban; Barone, Sergio; Descalzi, Ricardo L.
Año de publicación
2017
Idioma
inglés
Tipo de recurso
documento de conferencia
Estado
versión publicada
Descripción
Fil: Moncarz, Pedro Esteban. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Moncarz, Pedro Esteban. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina.
Fil: Barone, Sergio. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Descalzi, Ricardo L. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina
During the 2000's, and from a macro perspective, Brazil benefited greatlybecause 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 theinterdependences among activities, households, and factors. An advantage of theproposed 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.
Fil: Moncarz, Pedro Esteban. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Moncarz, Pedro Esteban. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina.
Fil: Barone, Sergio. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Descalzi, Ricardo L. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina
Economía, Econometría
Materia
Commodity prices
Poverty
Social accounting matrix
Brazil
Nivel de accesibilidad
acceso abierto
Condiciones de uso
Repositorio
Repositorio Digital Universitario (UNC)
Institución
Universidad Nacional de Córdoba
OAI Identificador
oai:rdu.unc.edu.ar:11086/18868
Acceder
id RDUUNC_1c8a4375ecfdbde8e44b5597cdd2af52
oai_identifier_str oai:rdu.unc.edu.ar:11086/18868
network_acronym_str RDUUNC
repository_id_str 2572
network_name_str Repositorio Digital Universitario (UNC)
spelling Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price modelMoncarz, Pedro EstebanBarone, SergioDescalzi, Ricardo L.Commodity pricesPovertySocial accounting matrixBrazilFil: Moncarz, Pedro Esteban. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Fil: Moncarz, Pedro Esteban. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina.Fil: Barone, Sergio. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Fil: Descalzi, Ricardo L. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; ArgentinaDuring the 2000's, and from a macro perspective, Brazil benefited greatlybecause 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 theinterdependences among activities, households, and factors. An advantage of theproposed 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.Fil: Moncarz, Pedro Esteban. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Fil: Moncarz, Pedro Esteban. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina.Fil: Barone, Sergio. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.Fil: Descalzi, Ricardo L. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; ArgentinaEconomía, Econometría2017-11info:eu-repo/semantics/conferenceObjectinfo:eu-repo/semantics/publishedVersionhttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdfhttp://hdl.handle.net/11086/18868enghttp://www.bcu.gub.uy/Comunicaciones/Paginas/JAE-2017.aspxinfo:eu-repo/semantics/openAccessreponame:Repositorio Digital Universitario (UNC)instname:Universidad Nacional de Córdobainstacron:UNC2025-09-29T13:42:02Zoai:rdu.unc.edu.ar:11086/18868Institucionalhttps://rdu.unc.edu.ar/Universidad públicaNo correspondehttp://rdu.unc.edu.ar/oai/snrdoca.unc@gmail.comArgentinaNo correspondeNo correspondeNo correspondeopendoar:25722025-09-29 13:42:02.489Repositorio Digital Universitario (UNC) - Universidad Nacional de Córdobafalse
dc.title.none.fl_str_mv Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
title Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
spellingShingle Rising commodity prices and welfare in Brazil. A short-run analysis using a SAM price model
Moncarz, Pedro Esteban
Commodity prices
Poverty
Social accounting matrix
Brazil
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
dc.creator.none.fl_str_mv Moncarz, Pedro Esteban
Barone, Sergio
Descalzi, Ricardo L.
author Moncarz, Pedro Esteban
author_facet Moncarz, Pedro Esteban
Barone, Sergio
Descalzi, Ricardo L.
author_role author
author2 Barone, Sergio
Descalzi, Ricardo L.
author2_role author
author
dc.subject.none.fl_str_mv Commodity prices
Poverty
Social accounting matrix
Brazil
topic Commodity prices
Poverty
Social accounting matrix
Brazil
dc.description.none.fl_txt_mv Fil: Moncarz, Pedro Esteban. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Moncarz, Pedro Esteban. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina.
Fil: Barone, Sergio. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Descalzi, Ricardo L. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina
During the 2000's, and from a macro perspective, Brazil benefited greatlybecause 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 theinterdependences among activities, households, and factors. An advantage of theproposed 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.
Fil: Moncarz, Pedro Esteban. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Moncarz, Pedro Esteban. Consejo Nacional de Investigaciones Científicas y Técnicas; Argentina.
Fil: Barone, Sergio. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
Fil: Descalzi, Ricardo L. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina
Economía, Econometría
description Fil: Moncarz, Pedro Esteban. Universidad Nacional de Córdoba. Facultad de Ciencias Económicas; Argentina.
publishDate 2017
dc.date.none.fl_str_mv 2017-11
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info:eu-repo/semantics/publishedVersion
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info:ar-repo/semantics/documentoDeConferencia
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dc.identifier.none.fl_str_mv http://hdl.handle.net/11086/18868
url http://hdl.handle.net/11086/18868
dc.language.none.fl_str_mv eng
language eng
dc.relation.none.fl_str_mv http://www.bcu.gub.uy/Comunicaciones/Paginas/JAE-2017.aspx
dc.rights.none.fl_str_mv info:eu-repo/semantics/openAccess
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dc.source.none.fl_str_mv reponame:Repositorio Digital Universitario (UNC)
instname:Universidad Nacional de Córdoba
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reponame_str Repositorio Digital Universitario (UNC)
collection Repositorio Digital Universitario (UNC)
instname_str Universidad Nacional de Córdoba
instacron_str UNC
institution UNC
repository.name.fl_str_mv Repositorio Digital Universitario (UNC) - Universidad Nacional de Córdoba
repository.mail.fl_str_mv oca.unc@gmail.com
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score 13.070432

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