Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018

Detalhes bibliográficos
Autor(a) principal: Tavares, Érica Basílio
Data de Publicação: 2020
Outros Autores: Quintanilha, Karoline Torres, Rodrigues, Valquíria Duarte Vieira
Tipo de documento: Artigo
Idioma: por
Título da fonte: Research, Society and Development
Texto Completo: https://rsdjournal.org/index.php/rsd/article/view/3218
Resumo: This research seeks to identify if the exchange rate and price of the beef cattle has a relation, that is, to identify if both have a dynamics in the market. The methodology used has a quantitative approach. The cointegration tests of Engle Granger and Johansen were used to verify if the variables have a long term equilibrium. The results showed that there is a long-term relationship between the price of the bullock and the exchange rate. The markets for bullion and the exchange rate are interconnected, as the results of the cointegration tests showed. Long-term exchange rate shocks influence the increase in the price of the bullock. The bullock is a commodity and one of the main products of the Brazilian exporting list. Thus, it can be considered that, in times of greater external uncertainty, the price of the beef cattle adjusts with greater speed to avoid unexpected losses to the producers.
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spelling Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018Análisis de la cointegración entre el precio del ganado vivo y el tipo de cambio en el período 2000 a 2018Análise de cointegração entre preço do boi gordo e taxa de câmbio no período 2000 a 2018PreçoBoi gordoTaxa de câmbioTeste de cointegração.PrecioBuey gordo Tasa de cambioPrueba de cointegración.PriceBeef cattleExchange rateCointegration test.This research seeks to identify if the exchange rate and price of the beef cattle has a relation, that is, to identify if both have a dynamics in the market. The methodology used has a quantitative approach. The cointegration tests of Engle Granger and Johansen were used to verify if the variables have a long term equilibrium. The results showed that there is a long-term relationship between the price of the bullock and the exchange rate. The markets for bullion and the exchange rate are interconnected, as the results of the cointegration tests showed. Long-term exchange rate shocks influence the increase in the price of the bullock. The bullock is a commodity and one of the main products of the Brazilian exporting list. Thus, it can be considered that, in times of greater external uncertainty, the price of the beef cattle adjusts with greater speed to avoid unexpected losses to the producers.Esta investigación busca identificar si el tipo de cambio y el precio del ganado vivo tienen una relación, es decir, identificar si ambos tienen dinámicas en el mercado. La metodología utilizada tiene un enfoque cuantitativo. Las pruebas de cointegración de Engle Granger y Johansen se utilizaron para verificar si las variables tienen equilibrio a largo plazo. Los resultados obtenidos mostraron que existe una relación a largo plazo entre el precio del ganado vivo y el tipo de cambio. Los mercados de ganado vivo y tipo de cambio están interconectados, como lo demuestran los resultados de las pruebas de cointegración. Las perturbaciones a largo plazo en el tipo de cambio influyen en el aumento del precio del ganado vivo. El ganado gordo es un producto básico y uno de los principales productos en la canasta de exportación brasileña. Por lo tanto, se puede considerar que, en tiempos de mayor incertidumbre externa, el precio del ganado vivo se ajusta más rápidamente para evitar pérdidas inesperadas para los productores.Esta pesquisa busca identificar se a taxa de câmbio e preço do boi gordo possui uma relação, ou seja, identificar se ambos possuem uma dinâmica no mercado. A metodologia utilizada possui uma abordagem quantitativa. Foram utilizados os testes de cointegração de Engle Granger e de Johansen para verificar se as variáveis possuem equilíbrio de longo prazo. Os resultados obtidos mostraram que há um relacionamento a longo prazo entre o preço do boi gordo e a taxa de câmbio. Os mercados do boi gordo e da taxa de câmbio estão interligados, conforme apontaram os resultados dos testes de cointegração. Choques de longo prazo na taxa de câmbio influenciam na elevação da cotação do boi gordo. O boi gordo é uma commodity e um dos principais produtos da pauta exportadora brasileira. Assim, pode-se considerar que, em momentos de maior incerteza externa, o preço do boi gordo se ajusta com maior velocidade para evitar prejuízos inesperados aos produtores.Research, Society and Development2020-03-31info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfhttps://rsdjournal.org/index.php/rsd/article/view/321810.33448/rsd-v9i5.3218Research, Society and Development; Vol. 9 No. 5; e114953218Research, Society and Development; Vol. 9 Núm. 5; e114953218Research, Society and Development; v. 9 n. 5; e1149532182525-3409reponame:Research, Society and Developmentinstname:Universidade Federal de Itajubá (UNIFEI)instacron:UNIFEIporhttps://rsdjournal.org/index.php/rsd/article/view/3218/4951Copyright (c) 2020 Érica Basílio Tavares, Karoline Torres Quintanilha, Valquíria Duarte Vieira Rodriguesinfo:eu-repo/semantics/openAccessTavares, Érica BasílioQuintanilha, Karoline TorresRodrigues, Valquíria Duarte Vieira2020-08-20T18:06:36Zoai:ojs.pkp.sfu.ca:article/3218Revistahttps://rsdjournal.org/index.php/rsd/indexPUBhttps://rsdjournal.org/index.php/rsd/oairsd.articles@gmail.com2525-34092525-3409opendoar:2024-01-17T09:27:29.903075Research, Society and Development - Universidade Federal de Itajubá (UNIFEI)false
dc.title.none.fl_str_mv Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018
Análisis de la cointegración entre el precio del ganado vivo y el tipo de cambio en el período 2000 a 2018
Análise de cointegração entre preço do boi gordo e taxa de câmbio no período 2000 a 2018
title Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018
spellingShingle Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018
Tavares, Érica Basílio
Preço
Boi gordo
Taxa de câmbio
Teste de cointegração.
Precio
Buey gordo Tasa de cambio
Prueba de cointegración.
Price
Beef cattle
Exchange rate
Cointegration test.
title_short Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018
title_full Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018
title_fullStr Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018
title_full_unstemmed Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018
title_sort Cointegration of analysis between price beef cattle and exchange rate in the period 2000 to 2018
author Tavares, Érica Basílio
author_facet Tavares, Érica Basílio
Quintanilha, Karoline Torres
Rodrigues, Valquíria Duarte Vieira
author_role author
author2 Quintanilha, Karoline Torres
Rodrigues, Valquíria Duarte Vieira
author2_role author
author
dc.contributor.author.fl_str_mv Tavares, Érica Basílio
Quintanilha, Karoline Torres
Rodrigues, Valquíria Duarte Vieira
dc.subject.por.fl_str_mv Preço
Boi gordo
Taxa de câmbio
Teste de cointegração.
Precio
Buey gordo Tasa de cambio
Prueba de cointegración.
Price
Beef cattle
Exchange rate
Cointegration test.
topic Preço
Boi gordo
Taxa de câmbio
Teste de cointegração.
Precio
Buey gordo Tasa de cambio
Prueba de cointegración.
Price
Beef cattle
Exchange rate
Cointegration test.
description This research seeks to identify if the exchange rate and price of the beef cattle has a relation, that is, to identify if both have a dynamics in the market. The methodology used has a quantitative approach. The cointegration tests of Engle Granger and Johansen were used to verify if the variables have a long term equilibrium. The results showed that there is a long-term relationship between the price of the bullock and the exchange rate. The markets for bullion and the exchange rate are interconnected, as the results of the cointegration tests showed. Long-term exchange rate shocks influence the increase in the price of the bullock. The bullock is a commodity and one of the main products of the Brazilian exporting list. Thus, it can be considered that, in times of greater external uncertainty, the price of the beef cattle adjusts with greater speed to avoid unexpected losses to the producers.
publishDate 2020
dc.date.none.fl_str_mv 2020-03-31
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
format article
status_str publishedVersion
dc.identifier.uri.fl_str_mv https://rsdjournal.org/index.php/rsd/article/view/3218
10.33448/rsd-v9i5.3218
url https://rsdjournal.org/index.php/rsd/article/view/3218
identifier_str_mv 10.33448/rsd-v9i5.3218
dc.language.iso.fl_str_mv por
language por
dc.relation.none.fl_str_mv https://rsdjournal.org/index.php/rsd/article/view/3218/4951
dc.rights.driver.fl_str_mv info:eu-repo/semantics/openAccess
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
dc.publisher.none.fl_str_mv Research, Society and Development
publisher.none.fl_str_mv Research, Society and Development
dc.source.none.fl_str_mv Research, Society and Development; Vol. 9 No. 5; e114953218
Research, Society and Development; Vol. 9 Núm. 5; e114953218
Research, Society and Development; v. 9 n. 5; e114953218
2525-3409
reponame:Research, Society and Development
instname:Universidade Federal de Itajubá (UNIFEI)
instacron:UNIFEI
instname_str Universidade Federal de Itajubá (UNIFEI)
instacron_str UNIFEI
institution UNIFEI
reponame_str Research, Society and Development
collection Research, Society and Development
repository.name.fl_str_mv Research, Society and Development - Universidade Federal de Itajubá (UNIFEI)
repository.mail.fl_str_mv rsd.articles@gmail.com
_version_ 1797052734955847680

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