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53

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  • Costa Júnior, Manoel Pedro da
  • Khan, Ahmad Saeed
  • Sousa, Eliane Pinheiro de
  • Lima, Patrícia Verônica Pinheiro Sales

Abstract

This study analyzes the spatial integration of exporting markets of raw honey in Brazil, taking into account the presence of transaction costs, since such costs may generate asymmetries in the relationships of prices among the markets under analysis. In order to achieve this goal, the analytical method of threshold cointegration by means of the estimation of the TAR and M-TAR models was used. The data were obtained in the Ministry of Development, Industry and Foreign Commerce for the period from January 2002 to July 2011. The results indicate the presence of asymmetries in the transmission of the price established in the central market, represented by Rio Grande do Sul, and the other states under consideration. In addition, negative and low magnitude shocks were excluded differently from the positive shocks. Therefore, one may conclude that the transaction costs influence the spatial interaction among the markets.

Suggested Citation

  • Costa Júnior, Manoel Pedro da & Khan, Ahmad Saeed & Sousa, Eliane Pinheiro de & Lima, Patrícia Verônica Pinheiro Sales, 2015. "53," Revista de Economia e Sociologia Rural (RESR), Sociedade Brasileira de Economia e Sociologia Rural, vol. 53(2), January.
    • Handle: RePEc:ags:revi24:341382
    DOI: 10.22004/ag.econ.341382
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    Cited by:

    1. Rosa, Wanderson & Weberszpil, José, 2018. "Dual conformable derivative: Definition, simple properties and perspectives for applications," Chaos, Solitons & Fractals, Elsevier, vol. 117(C), pages 137-141.
    2. Salgado, C.M. & de Carvalho, N.L. & de Arruda, P.H.Z. & Godoy, M. & de Arruda, A.S. & Costabile, Emanuel & de Sousa, J. Ricardo, 2019. "Random transverse single-ion anisotropy in the spin−1 Blume–Capel quantum model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 522(C), pages 18-32.
    3. Prestipino, Santi & Malescio, Gianpietro, 2016. "Characterization of the structural collapse undergone by an unstable system of ultrasoft particles," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 457(C), pages 492-505.
    4. Edberg, Dana & Mukhopadhyay, Sankar & Wendel, Jeanne, 2019. "Incentive design to boost health for juveniles with Medicaid coverage: Evidence from a field experiment," Economics & Human Biology, Elsevier, vol. 33(C), pages 101-115.
    5. Salmon, Octavio D. Rodriguez & de Sousa, José Ricardo & Neto, Minos A. & Padilha, Igor T. & Azevedo, J. Roberto Viana & Neto, Francisco Dinóla, 2016. "The spin-3/2 Blume–Capel model with competing short- and long-range interactions," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 464(C), pages 103-114.
    6. Manochio, C. & Andrade, B.R. & Rodriguez, R.P. & Moraes, B.S., 2017. "Ethanol from biomass: A comparative overview," Renewable and Sustainable Energy Reviews, Elsevier, vol. 80(C), pages 743-755.
    7. Costanza, E.F. & Costanza, G., 2017. "One-dimensional lattices topologically equivalent to three-dimensional lattices within the context of the lattice gas model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 481(C), pages 41-51.
    8. de Carvalho, R. Egydio & Leonel, Edson D., 2016. "Squared sine logistic map," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 463(C), pages 37-44.
    9. de Oliveira, Juliano A. & de Mendonça, Hans M.J. & da Costa, Diogo R. & Leonel, Edson D., 2018. "Effects of a parametric perturbation in the Hassell mapping," Chaos, Solitons & Fractals, Elsevier, vol. 113(C), pages 238-243.
    10. Mendiburu, Andrés Z. & Serra, Aguinaldo M. & Andrade, José C. & Silva, Lucas M. & Santos, José C. & de Carvalho, João A., 2019. "Characterization of the flame front inversion of Ethanol–Air deflagrations inside A closed tube," Energy, Elsevier, vol. 187(C).
    11. Costanza, E.F. & Costanza, G., 2016. "One-dimensional lattices topologically equivalent to two-dimensional lattices within the context of the lattice gas model," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 459(C), pages 32-41.
    12. de Mendonça, Hans M.J. & Leonel, Edson D. & de Oliveira, Juliano A., 2017. "An investigation of the convergence to the stationary state in the Hassell mapping," Physica A: Statistical Mechanics and its Applications, Elsevier, vol. 466(C), pages 537-543.
    13. Leibrecht, Markus & Pitlik, Hans, 2015. "Social trust, institutional and political constraints on the executive and deregulation of markets," European Journal of Political Economy, Elsevier, vol. 39(C), pages 249-268.

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    Agribusiness;

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