IDEAS home Printed from https://ideas.repec.org/p/gvn/eprgwp/392014.html

Uma análise dos efeitos da fusão ALL-Brasil Ferrovias no preço do frete ferroviário de soja no Brasil

Author

Listed:
  • Bruno Ribeiro Alvarenga
  • Paulo Augusto Pettenuzzo de Britto

Abstract

The aim of this study is to analyze the consequences of the merger between Latin America logistics (ALL) and Brasil Ferrovias, occurred in 2006, on the price of shipping freight of soybeans in Brazil. The companies have competing railways connecting the Central-West region of Brazil to the port of Santos. This fact raised concern of the Brazilian System of Competition Defense during the assessment phase of the merger, yet the merger was approved. Few years after the merger, this paper estimates its impact on prices by making use of a econometric model of differences-in-differences. The result showed that prices recorded significant increases as a result of the merger, indicating that the operation allowed the exercise of market power by the new company due to a more concentrated market structure.

Suggested Citation

  • Bruno Ribeiro Alvarenga & Paulo Augusto Pettenuzzo de Britto, 2014. "Uma análise dos efeitos da fusão ALL-Brasil Ferrovias no preço do frete ferroviário de soja no Brasil," Economics and Politics Working Paper Series 39/2014, Economics and Politics Research Group (EPRG), University of Brasília.
    • Handle: RePEc:gvn:eprgwp:392014
    DOI: 10.5281/zenodo.23601876
    as

    Download full text from publisher

    File URL: https://zenodo.org/api/records/23601876/files/eprg-wp-2014-391.pdf/content
    Download Restriction: no
    File URL: https://libkey.io/10.5281/zenodo.23601876?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    More about this item

    Statistics

    Access and download statistics

    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:gvn:eprgwp:392014. See general information about how to correct material in RePEc.

    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 bibliographic 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.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Daniel Gersten Reiss (email available below). General contact details of provider: https://econpolrg.com/ .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.