In 1977 Brazil initiated the market reserve policy to protect and reserve its domestic market for its own computer manufacturing companies. The basic assumptions on which its plans rested were fatally flawed, however, and the experiment failed to a large degree. This work investigates to what extent the policy, so carefully fashioned, fell short of its target and left Brazil with expensive and poorly made products. The author also evaluated the important and influential role of Brazil's bureaucracy and military. Scholars of economic development, industrial organization, economic history, and technology should find this well-documented work valuable.…mehr
In 1977 Brazil initiated the market reserve policy to protect and reserve its domestic market for its own computer manufacturing companies. The basic assumptions on which its plans rested were fatally flawed, however, and the experiment failed to a large degree. This work investigates to what extent the policy, so carefully fashioned, fell short of its target and left Brazil with expensive and poorly made products. The author also evaluated the important and influential role of Brazil's bureaucracy and military. Scholars of economic development, industrial organization, economic history, and technology should find this well-documented work valuable.
EDUARDO LUZIO is in the Merger & Acquisition Department of Unibanco in Brazil./e He received his Ph.D. in Economics from the University of Illinois at Urbana-Champaign. He was born in Brazil, where he lived during most of the market reserve policy.
Inhaltsangabe
Preface Introduction History of Informatics Policy in Brazil First Period: Computers Before 1976 and the Origin of the Market Reserve Policy Second Period: From CSN to the Informatics Law (1980-84) The Third Period: "The Crucial Years" (1985-90) The Fourth Period: The End of the Market Reserve: 1990-92 Final Comments Analysis of the Institutional Evolution of the Market Reserve The New Institutional Economics: Basic Concepts and Ideas First Period: The Origin of the Policy and the Transition to SEI Second Period: SEI and the Informatics Law Third Period: The Market Reserve Under Democracy Concluding Remarks Structure and Other Characteristics of the Microcomputer Industry Introduction The Value and Quantity Produced Smuggling and the Demand for Microcomputers Entry and Concentration Main Producers and the Average Firm The Cost Structure Final Considerations Prices and Performance Introduction Prices The Costs of Protection Conclusion Industry Performance and Opportunity Cost of Protection Causes of the Bad Performance of the Market Reserve Mistakes and Lessons Appendix 1: Summary of Legislation Appendix 2: Technical Details of the Hedonic Model and the Consumer Surplus Measure Appendix 3: Detailed Results of Hedonic Regressions Bibliographical References Index
Preface Introduction History of Informatics Policy in Brazil First Period: Computers Before 1976 and the Origin of the Market Reserve Policy Second Period: From CSN to the Informatics Law (1980-84) The Third Period: "The Crucial Years" (1985-90) The Fourth Period: The End of the Market Reserve: 1990-92 Final Comments Analysis of the Institutional Evolution of the Market Reserve The New Institutional Economics: Basic Concepts and Ideas First Period: The Origin of the Policy and the Transition to SEI Second Period: SEI and the Informatics Law Third Period: The Market Reserve Under Democracy Concluding Remarks Structure and Other Characteristics of the Microcomputer Industry Introduction The Value and Quantity Produced Smuggling and the Demand for Microcomputers Entry and Concentration Main Producers and the Average Firm The Cost Structure Final Considerations Prices and Performance Introduction Prices The Costs of Protection Conclusion Industry Performance and Opportunity Cost of Protection Causes of the Bad Performance of the Market Reserve Mistakes and Lessons Appendix 1: Summary of Legislation Appendix 2: Technical Details of the Hedonic Model and the Consumer Surplus Measure Appendix 3: Detailed Results of Hedonic Regressions Bibliographical References Index
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