THE DEMAND BY THE UNITED STATES OF AMERICA FOR THE BRAZILIAN CHARCOAL

• Autor(a) principal: Heimann, Jaqueline de Paula
• Data de Publicação: 2015
• Outros Autores: Dresch, Andre Ramos, Almeida, Alexandre Nascimento
• Tipo de documento: Artigo
• Idioma: por
• Título da fonte: Ciência Florestal (Online)
• Texto Completo: https://periodicos.ufsm.br/cienciaflorestal/article/view/18463
• topic: charcoal; econometrics; international trade.; carvão vegetal; econometria; comércio internacional.

http://dx.doi.org/10.5902/1980509818463The objective is to identify which variables affect the demand of the United States of America for the Brazilian charcoal and estimate their elasticity. The study uses the method of ordinary least squares (OLS), opting for the logarithmic functional form because of the simplicity in obtaining elasticity, and adopts the significance level of 5%. The data were obtained from the FAS and the BEA in quarterly period and deflated by U.S. CPI. The adjusted model, although having a low coefficient of determination (R2), did not have greater statistical and econometric problems. The results indicated that the U.S. demand for the Brazilian charcoal can be explained by the expectations of consumers, charcoal price and the U.S. income. The prices of related goods from Mexico and Argentina were not significant at 5% level, indicating that the charcoal in these countries is not good a substitute for the Brazilian product.