The relationship between exchange rate, quantity exported of cashew nut and price received by producers in Rio Grande do Norte state, Brazil

This paper seeks to examine the relationship between the exchange rate, the quantity of exported cashew nuts and the price received by producers in the Brazilian state of Rio Grande do Norte from January 2010 to June 2016. The study is justified by the fact the production chain of cashew nut almonds...

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Detalles Bibliográficos
Autores: da Costa, José Marcione, de Lima Guedes, Maria Josiane, Melo, André de Souza
Tipo de recurso: artículo
Estado:Versión publicada
Fecha de publicación:2017
País:Brasil
Institución:Universidade Federal do Ceará (UFC)
Repositorio:Contextus (Fortaleza. Online)
Idioma:portugués
OAI Identifier:oai:periodicos.ufc:article/32296
Acceso en línea:http://periodicos.ufc.br/contextus/article/view/32296
Access Level:acceso abierto
Palabra clave:Vector Autoregressions. Cashew nut. Export. Exchange rate. Price.
Vectores autorregresivos. Castaña de cajú. Exportaciones. Tasa de cambio. Precio.
Vetores autorregressivos. Castanha de caju. Exportações. Taxa de Câmbio. Preço.
Descripción
Sumario:This paper seeks to examine the relationship between the exchange rate, the quantity of exported cashew nuts and the price received by producers in the Brazilian state of Rio Grande do Norte from January 2010 to June 2016. The study is justified by the fact the production chain of cashew nut almonds has a great socioeconomic importance in the state in question. To achieve the purpose of the study, Granger causality tests and the econometric model of autoregressive vectors (VAR) were used. The analysis results demonstrated that exports react to exchange rate changes to a greater extent only in the short term. Moreover, the series were shown to have basically autoregressive structures.