Whose Beef are our Workers Subsidizing?

Authors

  • Antônio José Maristrello Porto Fundação Getúlio Vargas - Direito Rio
  • Rafaela Nogueira Fundação Getúlio Vargas/EPGE

DOI:

https://doi.org/10.18836/2178-0587/ealr.v3n2p323-337

Keywords:

esporte, flexibilidade, postura

Abstract

At this article we discuss what was the impact on Brazilians consumers and producers of the subsidized BNDES´ loans to meat packing companies. This impact is estimated by using the difference-in-difference methodology on prices. Our surprising preliminary results indicate that such subsidized loans increased consumer prices that were not entirely transferred to producers.  Ours results also show that profits into the intermediary meatpacking industry have increased because of the BNDES subsidies.

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Author Biography

Antônio José Maristrello Porto, Fundação Getúlio Vargas - Direito Rio

Direito - Law & Economics

Published

2012-12-30