Análise da elasticidade da transmissão dos preços internacionais do açúcar para os preços no Brasiluma aplicação do Modelo Estrutural

  1. Margarido, Mario Antonio 3
  2. Shikida, Pery Francisco Assis 1
  3. Calvo, Juan Carllos Ayala 2
  1. 1 Universidade Estadual do Oeste do Paraná
    info

    Universidade Estadual do Oeste do Paraná

    Cascavel, Brasil

    ROR https://ror.org/05ne20t07

  2. 2 Universidad de La Rioja
    info

    Universidad de La Rioja

    Logroño, España

    ROR https://ror.org/0553yr311

  3. 3 Secretaria da Fazenda do Estado de São Paulo
Revista:
REDES: Revista do Desenvolvimento Regional

ISSN: 1982-6745

Año de publicación: 2018

Volumen: 23

Número: 1

Páginas: 321-340

Tipo: Artículo

DOI: 10.17058/REDES.V23I1.8686 DIALNET GOOGLE SCHOLAR lock_openDialnet editor

Otras publicaciones en: REDES: Revista do Desenvolvimento Regional

Repositorio institucional: lock_openAcceso abierto Editor

Resumen

This study aims to determine and analyze the spatial elasticity (or horizontal) of price transmission between international sugar prices and the average price received by the Brazilian exporter of sugar, using the Structural Model. The data used are from January/2004 to November/2015. As a result, variations of 1% in the international sugar price are transmitted to the average price received by Brazilian sugar exporters with a magnitude of 0.3% on average, setting inelastic relationship between the two variables and, consequently, the non-occurrence of the law of one price. So, there are mechanisms in this market that are hindering the full functioning of the arbitration. This situation is not unusual, because the sugar is one of the most commercially protected product and suffer much interference.