Contribuição do Melhoramento Genético para a Redução de Preço dos Alimentos

Cinthia Costa and Rogério Freitas

No 1199, Discussion Papers from Instituto de Pesquisa Econômica Aplicada - IPEA

Abstract: The objective of this paper was identify the effect of the increasing in the productivity in three of the main agricultural commodities in the world (corn; soybean and wheat) associated to the breeding this cultivation on their world prices. Based on supply and demand structure, this effect was identified. The SUR model was evaluated. It includes the effects of complementarities and substitution that are among the three analyzed products. The transmission elasticity of impact of breeding to prices was: -0.70 for corn; -1.23 for soybean and -1.81 for wheat. This result can highlight the powerful effect this kind of research has on the reduction in price of food goods.

Pages: 27 pages
Date: 2006-07
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Persistent link: https://EconPapers.repec.org/RePEc:ipe:ipetds:1199

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