The Political Economy of the Brazilian Model of Agricultural Development: Institutions Versus Sectoral Policy

9 Pages Posted: 17 Dec 2016

See all articles by Bernardo Mueller

Bernardo Mueller

Universidade de Brasilia

Charles Mueller

Universidade de Brasília (UnB)

Date Written: 2016

Abstract

This paper analyzes the transition of Brazilian agriculture from low productivity and backwardness to its current status as a major player in international markets. Long-term investment in local agricultural technology was a crucial determinant of this transformation, but the impact of agricultural policy along this path was highly convoluted, often causing more distortions than progress. We highlight the importance of the underlying institutional setting on the impact of agricultural policy. The remarkable transformation in Brazilian agriculture only really emerged when inclusive and sustainable institutions created a fiscal, monetary and political environment in which those policies could succeed.

Keywords: Agricultural development; Agricultural research; Brazilian agriculture; EMBRAPA

Suggested Citation

Mueller, Bernardo and Mueller, Charles, The Political Economy of the Brazilian Model of Agricultural Development: Institutions Versus Sectoral Policy (2016). Quarterly Review of Economics and Finance, Vol. 62, 2016. Available at SSRN: https://ssrn.com/abstract=2885956

Bernardo Mueller (Contact Author)

Universidade de Brasilia ( email )

Dept. de Economia
Universidade de Brasilia
Brasilia, DF 70910-900
Brazil
55 61 981110349 (Phone)
55 61 3349-1303 (Fax)

HOME PAGE: http://bpmmueller.wixsite.com/bernardo-mueller

Charles Mueller

Universidade de Brasília (UnB) ( email )

Campus Universitário Darcy Ribeiro
Asa Norte
Brasília, Distrito Federal 70910-900
Brazil

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