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The regulation of the wheat milling industry in Brazil

Author

Listed:
  • Vera Martins da Silva

Abstract

This article discusses the impact of the regulation of the Brazilian wheat market on the industrial structure of the wheat flour and the possibility of the subsidy absortion by the in-dustry. First, it is remarked the institutional aspects of the wheat flour industry. Then, the framework used was based on indicators developed in Industrial Organization theory, that indicates that the regulation is not the cause of the increase in market concentration nor that the industry absorved the subsidy. On the contrary, it seems that the industry real profit decreased during the relevant period of subsidy policy (1970-80). JEL Classification: Q18; L66.

Suggested Citation

  • Vera Martins da Silva, 1991. "The regulation of the wheat milling industry in Brazil," Brazilian Journal of Political Economy, Center of Political Economy, vol. 11(4), pages 513-523.
    • Handle: RePEc:ekm:repojs:v:11:y:1991:i:4:p:513-523:id:1480
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1480/1466
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    More about this item

    Keywords

    Regulation; wheat; agricultural policy; subsides;
    All these keywords.

    JEL classification:

    • Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy; Animal Welfare Policy
    • L66 - Industrial Organization - - Industry Studies: Manufacturing - - - Food; Beverages; Cosmetics; Tobacco

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