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| Caldarelli, Carlos Eduardo; Camara, Marcia Regina Gabardo da; Sereia, Vanderlei Jose. |
| This article analyzes the exportation of soy, and other derived products, in Brazil and in Paraná state, from 1990 to 2007. The methodological procedures consist of identification of the most representative products of the chain - the soy in grain, the soy bran and soy oil, and analysis of the results using the Constant Market-Share (CMS) model. The sources of the growth in exportations were divided into four components: the growth of world-wide commerce, definition of the exportation guideline, destination of the exported products and the competitiveness effects. In the period studied, the soy complex as a whole diversified its commercial partners due to a decrease in the concentration of the Brazilian and paranaense exportations. However, a concentration... |
| Tipo: Journal Article |
Palavras-chave: Agro-industrial complex soy; International trade; Constant Market-share model (CMS); Competitiveness; Agribusiness; Agricultural Finance; Industrial Organization. |
| Ano: 2009 |
URL: http://purl.umn.edu/62150 |
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| Rocha, Waldemar Antonio da; Caldarelli, Carlos Eduardo. |
| Dynamic hedging effectiveness for soybean farmers in Rondonópolis (MT) with futures contracts of BM&F is calculated through optimal hedge determination, using the bivariate GARCH BEKK model, which considers the conditional correlations of the prices series, comparing the results with the minimum variance model effectiveness, calculated by OLS, the unhedged and the naïve hedge positions. The financial effectiveness of the dynamic hedge model is superior and can be used by farmers for several decision making purposes such as price discovery, hedging calibration, cash flow projections, market timing, among others. |
| Tipo: Journal Article |
Palavras-chave: Dynamic hedge; Minimum variance; Soybeans; Mato Grosso; Agribusiness; Agricultural Finance; Industrial Organization. |
| Ano: 2010 |
URL: http://purl.umn.edu/93578 |
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