The Impact of the 2008 Credit Crisis on the Sugarcane Sector: A Study Econometric
The sugarcane industry contributes approximately 2% to the Brazilian GDP, and generates more than 600,000 jobs in nearly a thousand cities. This study aims to determine the main variables that affect the growth of the Brazilian sugarcane sector. For this, econometric techniques were used to quantify...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Universidade Estadual Paulista
2017-11-01
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| Series: | GEPROS: Gestão da Produção, Operações e Sistemas |
| Subjects: | |
| Online Access: | http://revista.feb.unesp.br/index.php/gepros/article/view/1776/812 |
| _version_ | 1828728054640279552 |
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| author | Flávia de Castro Camioto Herick Fernando Moralles Rafael Machado |
| author_facet | Flávia de Castro Camioto Herick Fernando Moralles Rafael Machado |
| author_sort | Flávia de Castro Camioto |
| collection | DOAJ |
| description | The sugarcane industry contributes approximately 2% to the Brazilian GDP, and generates more than 600,000 jobs in nearly a thousand cities. This study aims to determine the main variables that affect the growth of the Brazilian sugarcane sector. For this, econometric techniques were used to quantify the impact of each variable studied in the growth of Gross Domestic Product in this sector from 1980 to 2013. A specific analysis of the impact of the 2008 credit crisis on growth this sector was also performed. The results showed that the variables that impact the growth of Brazilian sugarcane industry are: exchange rate, fuel alcohol consumption, and the average price of a barrel of petroleum. Moreover, it was found that the 2008 crisis contributed negatively to the GDP of this sector. It was possible to conclude that the crisis in this sector had its origin in the optimism in this sector, due to the growth of the sector in 2006 and the global factors in 2008, which was reflected in variables such as exchange rate and the consumption of alcohol fuel, that negatively impacted the sector. |
| first_indexed | 2024-04-12T14:08:35Z |
| format | Article |
| id | doaj.art-2a53b29ed5c14db7a0455f28214407da |
| institution | Directory Open Access Journal |
| issn | 1984-2430 |
| language | English |
| last_indexed | 2024-04-12T14:08:35Z |
| publishDate | 2017-11-01 |
| publisher | Universidade Estadual Paulista |
| record_format | Article |
| series | GEPROS: Gestão da Produção, Operações e Sistemas |
| spelling | doaj.art-2a53b29ed5c14db7a0455f28214407da2022-12-22T03:29:57ZengUniversidade Estadual PaulistaGEPROS: Gestão da Produção, Operações e Sistemas1984-24302017-11-0112415918210.15675/gepros.v12i4.1776The Impact of the 2008 Credit Crisis on the Sugarcane Sector: A Study EconometricFlávia de Castro Camioto0Herick Fernando Moralles1Rafael Machado2Universidade Federal do Triângulo MineiroUniversidade Federal de São CarlosUniversidade Federal do Triângulo MineiroThe sugarcane industry contributes approximately 2% to the Brazilian GDP, and generates more than 600,000 jobs in nearly a thousand cities. This study aims to determine the main variables that affect the growth of the Brazilian sugarcane sector. For this, econometric techniques were used to quantify the impact of each variable studied in the growth of Gross Domestic Product in this sector from 1980 to 2013. A specific analysis of the impact of the 2008 credit crisis on growth this sector was also performed. The results showed that the variables that impact the growth of Brazilian sugarcane industry are: exchange rate, fuel alcohol consumption, and the average price of a barrel of petroleum. Moreover, it was found that the 2008 crisis contributed negatively to the GDP of this sector. It was possible to conclude that the crisis in this sector had its origin in the optimism in this sector, due to the growth of the sector in 2006 and the global factors in 2008, which was reflected in variables such as exchange rate and the consumption of alcohol fuel, that negatively impacted the sector.http://revista.feb.unesp.br/index.php/gepros/article/view/1776/812Sugar and alcohol sector2008 crisisGross Domestic ProductEconometrics. |
| spellingShingle | Flávia de Castro Camioto Herick Fernando Moralles Rafael Machado The Impact of the 2008 Credit Crisis on the Sugarcane Sector: A Study Econometric GEPROS: Gestão da Produção, Operações e Sistemas Sugar and alcohol sector 2008 crisis Gross Domestic Product Econometrics. |
| title | The Impact of the 2008 Credit Crisis on the Sugarcane Sector: A Study Econometric |
| title_full | The Impact of the 2008 Credit Crisis on the Sugarcane Sector: A Study Econometric |
| title_fullStr | The Impact of the 2008 Credit Crisis on the Sugarcane Sector: A Study Econometric |
| title_full_unstemmed | The Impact of the 2008 Credit Crisis on the Sugarcane Sector: A Study Econometric |
| title_short | The Impact of the 2008 Credit Crisis on the Sugarcane Sector: A Study Econometric |
| title_sort | impact of the 2008 credit crisis on the sugarcane sector a study econometric |
| topic | Sugar and alcohol sector 2008 crisis Gross Domestic Product Econometrics. |
| url | http://revista.feb.unesp.br/index.php/gepros/article/view/1776/812 |
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