Private and social profits and the effects on the competitiveness of Uruguay beef export chain
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This research analyzed the economic performance of Uruguay beef export chain in two
different years. Global profits during 2010 reached US$ 985.5 per ton, growing to US$
1,374.9 in 2013. The proportion captured by private agents decreased from 30% in 2010 to
only 10% in 2013. The rest was left on the table as net transfers towards other sectors of the
economy. Direct transfers derived from taxes explained between 13% in 2010 and 30% in
2013. Weight of the social security costs represented between 20 to 30%, while cost of capital
inefficiencies grew from 40% to 67% in the period.
