IDEAS home Printed from https://ideas.repec.org/a/ags/rdecag/151960.html
   My bibliography  Save this article

Integração e Transmissão de Preços no Mercado Internacional de Café Arábica

Author

Listed:
  • Cunha, Dênis Antônio da
  • Vale, Sônia Maria Leite Ribeiro do
  • Braga, Marcelo Jose
  • Campos, Antonio Carvalho

Abstract

Este estudo objetivou verificar se há integração entre os preços dos principais países produtores de café arábica e os praticados no mercado internacional. Foram realizados testes de cointegração e estimados um modelo VEC e perfis de persistência. Os resultados indicaram que Brasil, Colômbia, México, Guatemala, Peru e Honduras, no período de janeiro de 1990 a junho de 2007, são integrados entre si e que seus preços reagiram às alterações no preço internacional. O padrão de relacionamento não foi caracterizado por extrema interdependência, e questões relativas à liberalização do mercado ainda exercem influência sobre o equilíbrio de longo prazo. O Brasil foi o mais integrado ao mercado internacional, o que indica que, quanto maior a participação na produção e exportação, mais alto é o grau de integração.....This study aims to analyze the existence of price integration in the main arabica coffee producing countries and in the international price. The analytical framework was a multivariate model of co-integration, a VEC model and persistence profiles. The results show that Brazil, Colombia, Mexico, Guatemala, Peru and Honduras are integrated among them and their prices reacted to fluctuation on international prices. The relationship pattern was not characterized by extreme interdependence and issues related to market liberalization still have influence on the equilibrium in the long-term. Brazil was the most integrated to the international market, demonstrating that as higher is the country’s share in production and export, higher is the integration.

Suggested Citation

  • Cunha, Dênis Antônio da & Vale, Sônia Maria Leite Ribeiro do & Braga, Marcelo Jose & Campos, Antonio Carvalho, 2010. "Integração e Transmissão de Preços no Mercado Internacional de Café Arábica," Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR), Sociedade Brasileira de Economia e Sociologia Rural, vol. 48(4), pages 1-28.
  • Handle: RePEc:ags:rdecag:151960
    DOI: 10.22004/ag.econ.151960
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/151960/files/00%202.pdf
    Download Restriction: no

    File URL: https://libkey.io/10.22004/ag.econ.151960?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    More about this item

    Keywords

    Agribusiness;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:rdecag:151960. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/soberea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.