<b>Brazilian corn exports performance: a Constant-Market-Share analysis for the period 2002 to 2012
Abstract
The objective of this paper is to evaluate the growth of the corn exportations in Brazil, for the period between 2002 and 2012, with a view to decompose their sources of growth. For this, we used the Constant Market Share model for the main products of this complex, whose purpose was to verify the competitiveness of products against the international market. The results show the growing participation of Brazilian complex corn exports in the world market, especially in the corn grains market. Regarding the sources of growth, it is clear that competitiveness was the effect that contributed most to the growth of exports. Moreover, world trade growth also held power of another significant part of the explanation increases in Brazilian exports of corn. Thus, this study highlights the growing participation of Brazil in world trade in corn, which emphasizes the need for formulation of public and/or private policies to assist in the development of infrastructure and commercialization inherent in the grain market.
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