When judges are believed to be politically biased, many nasty predictions may derive from it. Economic literature in Brazil shows some controversies over what is the direction of the bias, but mainly, economists believe that courts tend to favor debtors, leading to high disincentives for...

This article analyzes the demand for ethanol in Brazil, from 2001 to 2009, taking into account regional differences in regard of relative price and per capita income. These elements explain significant variability of demand elasticities across regions, a result not yet addressed by the related...

The generation of electric energy by the sugarcane sector stands much below its potential. Using ï¬ve case studies with São Paulo plants, this article aims to identify the obstacles to the expansion of the electric energy commercialization by the sugarcane sector. High costs associated to the...

Change in trade barriers and capital flow creates opportunities for redesigning the food chain. The orange juice chain in U.S. and Brazil provides an interesting illustration of how institutional harmonization, high import tariff rates and complementary capabilities open new opportunities for...