A graphic explanation on how a tax on exports neutralizes the Dutch disease without costs to exporters

Revista de Economia Política

Luiz Carlos Bresser-pereira¹ 

[1] ,Getulio Vargas Foundation

关键词: exchange rate;    Dutch disease;    tax on exports;   

DOI  :  10.1590/S0101-31572012000400010

来源: SciELO

【 摘 要 】

The adequate way of neutralizing the Dutch disease is the imposition of a variable tax on the export of the commodity that originates the disease. If such tax is equivalent to the "size" of the Dutch disease, it will shifts to the right its supply curve of the commodity in relation to the exchange rate, giving the existing domestic supply and the international demand, the exchange rate will depreciate at the value of the tax, and the equilibrium exchange rate will move from the "current" to the "industrial" equilibrium.

【 授权许可】

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