IDEAS home Printed from https://ideas.repec.org/p/ags/sbrfsr/109454.html
   My bibliography  Save this paper

Usinas De Biodiesel E Falhas No Mercado De Leilões

Author

Listed:
  • Lima, Luiz Carlos Oliveira
  • Rodrigues, Felipe Aleixo

Abstract

O trabalho tem por objetivo descrever e analisar as falhas de mercado no sistema de produção agroindustrial do biodiesel constituído por todos os participantes envolvidos na produção da matéria-prima agrícola, no processamento e na distribuição do produto. Incluem o suprimento dos produtores de matéria-prima, os produtores de matérias-primas, operações de estocagens, processamento, atacado e varejo. Incluem as instituições que afetam e coordenam os estágios sucessivos do fluxo do produto, tais como governo, associações e mercado de leilões. As relações contratuais são apontadas como importantes mecanismos de coordenação nos sistemas de mercadorias. No caso do sistema de produção do biodiesel brasileiro, o mecanismo de coordenação observado é o mercado de leilões, que estabelece a quase-integração mediante contratos entre as usinas e os distribuidores. O mercado de leilões de biodiesel é o mercado em que os produtos das usinas são vendidos e comprados por meio de processos formais de licitação. Esse mecanismo de coordenação tem apresentado as mesmas características dos mercados com problemas de informações assimétricas. Nessa situação, o comprador e o vendedor possuem informações diferentes sobre uma transação. Tendo como conseqüência a ineficiência de mercado. Uma forma de falha de mercado decorrente de informações assimétricas observado no mercado de leilões de biodiesel tem sido a seleção adversa e o risco moral. Isto significa que contratos que foram firmados com usinas de biodiesel que participaram de processos de licitações não estão sendo honrados de forma generalizada.--------------------------------------------------The present study aims at describing and analyzing the biodiesel agroindustrial productive chain built up with all components involved in the production, processing and the good marketing. It includes the supplying of the raw-material producers, stocking operations, processing system, the whole and retail market of the product. Institutions that affect and coordinate the successive stages of the product flow such as government, associations and the auctions market are also included. Contractual relations are referred to important coordination structures in the commodity system. In the particular case of the Brazilian biodiesel, the structure of coordination that is observed is the auctions market. Auctions are that marketplace in which the products are bought and sold through formal processes of licitation. Such mechanism presents the same characteristics of the markets with unequal information. In such situation, the buyer and the seller have different information about a transaction; as a result, there is a deviation in the market efficiency level. A kind of a market failure which results from unequal information seen in the auctions market has been the adverse selection. It means that contracts had been signed with biodiesel plants which took part in the licitation processes are not being fulfilled.

Suggested Citation

  • Lima, Luiz Carlos Oliveira & Rodrigues, Felipe Aleixo, 2008. "Usinas De Biodiesel E Falhas No Mercado De Leilões," 46th Congress, July 20-23, 2008, Rio Branco, Acre, Brasil 109454, Sociedade Brasileira de Economia, Administracao e Sociologia Rural (SOBER).
  • Handle: RePEc:ags:sbrfsr:109454
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/109454
    Download Restriction: no

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:sbrfsr:109454. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/soberea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.