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Published in 2019 at "Applied Economics Letters"
DOI: 10.1080/13504851.2018.1489498
Abstract: ABSTRACT We investigate the dynamic relationship between coffee exports and machinery imports in Brazil from 1869 to 1939. Our tests reveal cointegration and bidirectional causality in the temporal sense. This evidence suggests that foreign exchange…
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Keywords:
exports industrialization;
coffee exports;
industrialization;
industrialization brazil ... See more keywords