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Coffee exports and industrialization in Brazil

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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… read more here.

Keywords: exports industrialization; coffee exports; industrialization; industrialization brazil ... See more keywords