Growth of brazilian beef production: effect of shocks of supply and demand
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Data
2014-06
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Resumo
With the considerable growth of beef production in Brazil and the
growth in beef exports as a backdrop, the main objective of this study is to identify
the factors responsible for the excellent performance of this agribusiness sector.
Conducting this study required the construction of a theoretical model that was
capable of supporting the specification of the adjusted econometric model using
vector autoregression with identification by the Bernanke process. The findings
show that the main determinant of beef cattle growth and Brazilian beef exports
is increased animal stock. Furthermore, productivity has a positive, albeit more
modest, effect on beef production and exports. The results show that the increase
of the number of cattle reduces costs to the farmer and retail beef prices.
Descrição
Palavras-chave
Beef cattle, Exports, Animal stock, Trading, Pecuária de corte, Exportações, Estoque de animais, Comercialização
Citação
SILVA NETO, Waldemiro Alcântara da Silva; BACCHI, Mirian Rumenos Piedade. Growth of brazilian beef production: effect of shocks of supply and demand. Revista de Economia e Sociologia Rural, Brasília, v. 52, n. 2, p. 209-228, Apr./June 2014.