Análise da elasticidade da transmissão dos preços internacionais do açúcar para os preços no Brasiluma aplicação do Modelo Estrutural
- Margarido, Mario Antonio 3
- Shikida, Pery Francisco Assis 1
- Calvo, Juan Carllos Ayala 2
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1
Universidade Estadual do Oeste do Paraná
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2
Universidad de La Rioja
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- 3 Secretaria da Fazenda do Estado de São Paulo
ISSN: 1982-6745
Año de publicación: 2018
Volumen: 23
Número: 1
Páginas: 321-340
Tipo: Artículo
beta Ver similares en nube de resultadosOtras publicaciones en: REDES: Revista do Desenvolvimento Regional
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.