FOOD SECURITY AND AGRICULTURAL PRODUCTIVITY: AN COMPUTABLE GENERAL EQUILIBRIUM ANALYSIS

Abstract

This study analyze the impact of technological changes in the agricultural sector and in the Brazilian economy, through a computable general equilibrium model (EGC) with calculations expressed in percentages. Furthermore, the analysis was carried out at the regional level, so that it was possible to ascertain the particularities of each region. The results showed that, an increase in productivity, generated significant impacts both for agriculture and for the main macroeconomic aggregates, since there is a reduction in the prices of intermediate inputs and, consequently, in the total production cost. In addition, a technological change causes a spillover effect for other industries, collaborating to raise the Total Factor Productivity (PTF) of the other sectors of agriculture. In general, technology becomes extremely important for the growth and development of the country’s economy.