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Relação de longo prazo entre os preços da carne bovina: evidências empíricas

Author

Listed:
  • Heberth Duarte dos Santos
  • Waldemiro Alcântara da Silva Neto

    (UFG)

Abstract

Against the backdrop of the importance of livestock for slaughter cattle in the formation of the Gross Domestic Product of the State of Goiás, this study aims to: analyze the existence of long-term relationship between the different levels of beef prices in Goiás and demonstrate and analyze the direction of causality between prices, the process of transmitting and measuring price elasticities of meat. Therefore, we used the monthly series of calf prices, live cattle and retail, from 2001 to 2011 for the state of Goiás. The method used was based on the analysis of time series: unit root test, cointegration, Granger causality, historical decomposition of variance and impulse response function. The results revealed that there is, at this time, long-term relationship between prices analyzed and that the retailer may be appropriating the price spikes in demand. Still, there is an indication that is occurring in the chain of beef Goiás what has already been touted as a recurring chain nationwide: low coordination, asymmetry and appropriation of earnings by the actor in more structured: the retailer.

Suggested Citation

  • Heberth Duarte dos Santos & Waldemiro Alcântara da Silva Neto, 2017. "Relação de longo prazo entre os preços da carne bovina: evidências empíricas," REOESTE - Revista de Economia do Centro-Oeste, Nepec - Curso de Ciencias Economicas da Universidade Federal de Goias - FACE, vol. 3(1), pages 2-17.
    • Handle: RePEc:ufb:rpaper:v:3:y:2017:i:1:p:2-17
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    File URL: https://www.revistas.ufg.br/reoeste/article/view/46346
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    More about this item

    Keywords

    Beef; Price; Cointegration; Goias;
    All these keywords.

    JEL classification:

    • Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy

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