@article{Favro:232030,
      recid = {232030},
      author = {Favro, Jackelline and Caldarelli, Carlos Eduardo and  Camara, Marcia Regina Gabardo da},
      title = {Modelo de Análise da Oferta de Exportação de Milho  Brasileira: 2001 a 2012},
      journal = {Brazilian Journal of Rural Economy and Sociology (Revista  de Economia e Sociologia Rural-RESR)},
      address = {2015-09-30},
      number = {1346-2016-105365},
      series = {Volume 53},
      pages = {22},
      month = {Sep},
      year = {2015},
      abstract = {This study aims to estimate the corn export supply  function for Brazil from
2001 to 2012. For this analysis we  developed a theoretical model estimated using  the
cointegration and vector error correction model (VEC).  The variables used were: corn
exports, international corn  price, poultry slaughters, soybean prices and world GDP.  The
results obtained showed the existence of long-term  relationship between the variables.
The international corn  price, poultry slaughters, soybean prices and world GDP had  a
significant impact on corn exports, showing signs as  expected by the theoretical model. There was a positive  impact on corn exports after an unanticipated shock in the  soybean price and negative impact
after a not anticipated  shock the slaughter of poultry. In relation to the  international price, it was found that a shock
in this  variable has a negative impact on corn exports. In order to  assess the relationships between the domestic
price and the  international price of corn, there was the weak exogeneity  test between the variables and it was found
that, despite  this market still does not have the Law of One Price,  changes in the international corn price affect the
domestic  price.},
      url = {http://ageconsearch.umn.edu/record/232030},
      doi = {https://doi.org/10.22004/ag.econ.232030},
}