ANÁLISE DE CLUBE DE CONVERGÊNCIA PARA O MERCADO BRASILEIRO DO MILHO

This study aimed to analyze the convergence of prices in the Brazilian market for corn, using the methodology of time series analysis of Phillips and Sul (2007). The results showed that corn prices are not converging to one common level. However, the analysis suggested the formation of two convergence clubs, with two units cross diverging altogether. The first, formed by markets Mogiana/SP, Cascavel/PR, Chapecó/ SC, Carazinho/SP, Rondonópolis/MT and São Paulo/SP. The second group is formed by the markets of Campo Grande/MS, Uberlândia/MG, Maringá/PR, Ponta Grossa/ PR and Rio Verde/GO. The markets that were presented divergent: Campinas/SP and Porto Alegre/RS.


Issue Date:
2013
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/182418
Published in:
Revista de Economia e Agronegócio / Brazilian Review of Economics and Agribusiness, Volume 11, Number 2
Page range:
235-254
Total Pages:
20




 Record created 2017-04-01, last modified 2017-08-27

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