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The Biodiesel Economic Indicators in Northern Brazil Based on Tocantins State

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  • Fernando Silva Lima
  • Waldecy Rodrigues
  • Nilton Marques de Oliveira

Abstract

This article aimed to perform a regional analysis of biofuel through the biodiesel production capacity in Tocantins in 2008 and 2017. The guiding question of this research was: what is the importance of the biodiesel sector in Brazil and Tocantins, in relation to the sectors of services, industry and storage services in terms of production capacity. The hypothesis is that, in relation to production capacity, the Tocantins biodiesel sector has lost its potential compared to other economic sectors in the state. Taking as theoretical assumption the theories of regional development. Data were collected from the website of the Brazilian Institute of Geography and Statistics (IBGE) and the National Petroleum Agency (ANP). The results show that biodiesel in 2008 had potential for Tocantins economy, but not in the same proportionality in 2017.

Suggested Citation

  • Fernando Silva Lima & Waldecy Rodrigues & Nilton Marques de Oliveira, 2020. "The Biodiesel Economic Indicators in Northern Brazil Based on Tocantins State," International Journal of Business Administration, International Journal of Business Administration, Sciedu Press, vol. 11(2), pages 17-27, March.
    • Handle: RePEc:jfr:ijba11:v:11:y:2020:i:2:p:17-27
    DOI: 10.5430/ijba.v11n2p17
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