@article{Capitani:341619,
      recid = {341619},
      author = {Capitani, Daniel Henrique Dario and Miranda, Sílvia Helena  Galvão de  and Filho, João Gomes Martines },
      title = {Determinantes da Demanda Brasileira por Importação de  Arroz do Mercosul},
      journal = {Revista de Economia e Sociologia Rural (RESR)},
      address = {2011-01},
      number = {2541-2024-1885},
      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/341619},
      doi = {https://doi.org/10.22004/ag.econ.341619},
}