@article{Capitani:152697,
      recid = {152697},
      author = {Capitani, Daniel Henrique Dario and Miranda, Sílvia Helena  Galvão de and Martines-Filho, Joao Gomes},
      title = {Determinantes da Demanda Brasileira  por Importação de  Arroz do Mercosul},
      journal = {Brazilian Journal of Rural Economy and Sociology (Revista  de Economia e Sociologia Rural-RESR)},
      address = {2011-09-30},
      number = {1346-2016-105109},
      series = {Volume 49},
      pages = {28},
      month = {Sep},
      year = {2011},
      abstract = {Since the middle of the 90’s, rice has been one of the  main agricultural 
products imported by Brazil,  particularly from Uruguay and Argentina, which very 
often  raises concerns to Brazilian rice producers. This paper  aims to analyze the factors 
that determine the Brazilian  rice imports, and therefore proposes an economic model 
to  examine these trade flows in Mercosur, assuming that the  Brazilian rice imports 
results from a domestic demand  surplus. An econometric model Vector Auto-regressive  
(structural VAR) is applied. Results show a strong  relationship among rice imports and 
domestic rice prices,  as well as the exchange rate. A significant effect of  import prices 
over domestic prices has been verified. The  quantity of rice imports relates positively to 
an increase  of domestic prices and negatively to an increase of import  prices, as well as 
increases in the exchange rate. A  bicausality relationship is verified between domestic and  
import prices for rice. One of the major conclusions is  that Brazilian rice imports answer 
immediately to changes  in domestic prices and exchange rate and react one quarter  later 
to changes in import prices suggesting a delay over  rice importers to substitute imports 
by the domestic  rice.},
      url = {http://ageconsearch.umn.edu/record/152697},
      doi = {https://doi.org/10.22004/ag.econ.152697},
}