Grau de Concorrência e Poder de Mercado nas Exportações de Leite em Pó para o Brasil

Lucas Campio Pinha, Marcelo Braga and Antônio Carvalho Campos

Brazilian Journal of Rural Economy and Sociology (Revista de Economia e Sociologia Rural-RESR), 2016, vol. 54, issue 3, 20

Abstract: There are indications that Argentina and Uruguay act as oligopolists and exercise market power in exports of milk powder to Brazil. These two countries export almost all of these by-products to Brazil, while there is a regionalization of international trade in these products, restricting the competition with other countries. The main objective of this paper is to verify the degree of competition in exports of whole milk powder and skimmed milk powder to Brazil by the existence of market power practiced by the exporting countries. For this purpose, the residual demand model was used, estimated by three different methods: two-stage least square, seemingly unrelated regressions and three-stage least squares. The results indicate that Uruguay acts as oligopolistic and exercises market power in both markets, whereas Argentina acts only in the case of whole milk powder. This suggests that Brazil should increase the competition in milk powder imports, since the prices would tend to be smaller and consumers would benefit in this aspect.

Keywords: Agribusiness (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (1)

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Journal Article: Grau de Concorrência e Poder de Mercado nas Exportações de Leite em Pó para o Brasil (2016)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:rdecag:249719

DOI: 10.22004/ag.econ.249719

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