PRICE INTERDEPENDENCE IN THE INTERNATIONAL AND BRAZILIAN BEEF CATTLE MARKET

Authors

DOI:

https://doi.org/10.61673/ren.2022.1202

Keywords:

asymmetry in price transmission, beef cattle, international and Brazilian market, price transmission

Abstract

The objective of this study is to verify the interdependence and asymmetry in price transmission between the main Brazilian and international slaughter beef cattle markets. We used for causality and cointegration tests, and the application of the multiple regression model to analyse the asymmetry in price transmission between the main Brazilian and international markets. The results showed that there is an interdependent relationship between the prices of live cattle in the Brazilian market and the prices of beef cattle in international markets. However, the direction of transmission between them is significant only from the prices of live cattle in the main Brazilian markets to the prices of beef cattle in international markets.

Author Biographies

Odilon José de Oliveira Neto, Universidade Federal de Uberlândia

Administrador. Doutor em Administração de Empresas. Professor Adjunto de Finanças na Universidade Federal de Uberlândia (Campus Pontal). UFU/FACES (Campus Pontal), Rua 20, nº 1600, Bairro Tupã, Ituiutaba – MG, CEP: 38304-402.

Reginaldo Santana Figueiredo, Universidade Federal de Goiás

Engenheiro de Materiais. Doutor em Economia da Indústria e da Tecnologia. Professor na Universidade Federal de Goiás. Escola de Agronomia, Av. Esperança s/n, Campus Samambaia, Goiânia - GO. CEP 74690-900.

Alcido Elenor Wander, Embrapa Arroz e Feijão

Engenheiro Agrônomo. Doutor em Ciências Agrárias. Pesquisador da Empresa Brasileira de Pesquisa Agropecuária (Embrapa). Embrapa Arroz e Feijão, Rodovia GO-462, Km 12, Santo Antônio de Goiás – GO, CEP 75375-000.

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Published

2022-08-04

How to Cite

de Oliveira Neto, O. J., Santana Figueiredo, R., & Wander, A. E. (2022). PRICE INTERDEPENDENCE IN THE INTERNATIONAL AND BRAZILIAN BEEF CATTLE MARKET. Revista Econômica Do Nordeste, 53(2), 73–89. https://doi.org/10.61673/ren.2022.1202

Issue

Vol. 53 No. 2 (2022)

Section

Artigos