期刊名称:International Journal of Economics and Research
电子版ISSN:2229-6158
出版年度:2012
卷号:3
期号:3
页码:173-177
出版社:Sanben Agency
摘要:The objective of this study is to evaluate the technical efficiency of Brazilian companies that operate in the international market of animal protein (beef, pork and poultry). The six business groups of interest are JBS – Friboi, BRF – Brasil Foods, Marfrig, Minerva, Minupar and Excelsior. We fit a production function for the oligopoly assuming a stochastic frontier model with technical effects affecting the inefficiency component. The data are from the consolidated balance sheet of the group for the period that starts in the first quarter of 2007 and ends in the third quarter of 2011. Overall, Brasil Foods shows the worst performance. The stocks of living animals (beef, pork and poultry) negatively affect the production function and the subprime crisis negatively affects the technical efficiency of production.
关键词:Meat industry in Brazil; Production and Technical efficiency; International market of animal protein.