Analysis of cointegration in Brazilian bean market.
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The co-integration techniques have been widely used in studies that examine the process of integration of product markets. In this study, we sought to confirm the analysis of the bean market with threshold autoregressive (TAR) models. The results of the study indicated the presence of market transaction costs in bean marketing. These costs may be related mainly with the freight component of production since it is positively associated with distance from markets.
ICAS 2013.
ICAS 2013.
Palabras clave
Feijão, Análise econômica, Mercado, Custo, Economic threshold, Beans
