| This study analyzes the transmission elasticity and the price causality of beef, between BM&F and important places in Brazil, seeking data referring to the intensity of price transmission and detecting the existent relations between beef price in these places and in BM&F. Studies in several regions were realized, using daily price data in a period comprehended between 2000 and 2004. The studied cities were Araçatuba (SP), Barretos (SP), Bauru (SP), Presidente Prudente (SP), Noroeste do Paraná (PR), Três Lagoas (MS), Campo Grande (MS), Triângulo Mineiro (MG), Dourados (GO), Goiânia (GO) and Cuiabá (MT). The results of the Dickey-Fuller Augmented (DFA) unit root test show that all price series are integrated of first order, I(1). The results of the... |
