The aim of this study is to investigate the direct and indirect impacts of sugarcane expansion on deforestation in the Brazilian Amazon from 2001 to 2008. The analysis is based on the multi-output production theory where the annual agricultural acreage represents the Production Possibility...

The objective of this paper is to evaluate the impact of government spending with the Interest Rates Equalization (IRE) policy on the economic growth of Brazilian regions. Additionally, it aims to measure the opportunity cost of the subsidy in relation to an alternative application in the...

Since the 1980s, the investments in infrastructure have been significantly reduced, jeopardizing Total Factor Productivity (TFP) and competitiveness of Brazilian agriculture. The Solow growth model with panel data is used to estimate TFP. An adaptation of the Zhang and Fan (2004) model for...

The objective of this paper is to determine the long-term effects of rural credit on agricultural production, trade and competitiveness (through prices) in the Brazilian regions. The simulations were performed applying the General Equilibrium Analysis Project of the Brazilian Economy (PAEG). The...

The Brazilian Interest Rate Equalization System (IRES) subsidizes farmers by providing them with credit at lower than market interest rates. The objective of this research is to evaluate the IRES by comparing its monetary cost with its benefits as measured by Brazilian GDP growth. Estimates are...