Sugar Prices, Labor Income, and Poverty in Brazil
This paper assesses the impact that a potential liberalization of sugar regimes in OECD countries could have on household labor income and poverty in Brazil. The authors first estimate the extent of price transmission from world markets to 11 Brazilian states to capture the fact that some local mark...
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| Format: | Policy Research Working Paper |
| Language: | English |
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World Bank, Washington, DC
2012
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| Online Access: | http://documents.worldbank.org/curated/en/2006/04/6725321/sugar-prices-labor-income-poverty-brazil http://hdl.handle.net/10986/8726 |
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okr-10986-87262021-04-23T14:02:40Z Sugar Prices, Labor Income, and Poverty in Brazil Krivonos, Ekaterina Olarreaga, Marcelo AGRICULTURAL EXPORTS AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURAL SECTOR AGRICULTURAL TRADE AGRICULTURE COMMODITY PRICES COMPARATIVE ADVANTAGE CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDICES CONSUMER PRICES CONSUMERS CUTTING DEREGULATION DIVIDENDS DOMESTIC MARKETS ECONOMETRIC ANALYSIS ELASTICITY EQUILIBRIUM EXPENDITURE EXPORT BARRIERS EXPORTS FARMERS GDP INCOME INDUSTRY INTERNATIONAL MARKETS LABOR MARKET LABOR MARKETS MARKET PRICE MARKET PRICES MARKET REFORMS MARKET STRUCTURE MARKET SURVEYS MARKETING MERGERS MILLS MONOPOLY PRICE CHANGE PRICE CHANGES PRICE INCREASE PRICE INCREASES PRODUCER PRICES PRODUCERS REAL INCOME SUBSTITUTE SUBSTITUTE GOOD SUBSTITUTION SUGAR SUGAR CANE SUGAR INDUSTRY SUGAR PRICES SUGAR PROCESSING TAKEOVER TOTAL OUTPUT TRADE LIBERALIZATION TRADE POLICY UNEMPLOYMENT WAGES WORKERS EXPERIENCE WORLD MARKET WORLD MARKETS WTO This paper assesses the impact that a potential liberalization of sugar regimes in OECD countries could have on household labor income and poverty in Brazil. The authors first estimate the extent of price transmission from world markets to 11 Brazilian states to capture the fact that some local markets may be relatively more isolated from changes in world prices. They then simultaneously estimate the impact that changes in domestic sugar prices have on regional wages and employment depending on worker characteristics. Finally, they measure the impact on household income of a 10 percent increase in world sugar prices. Results suggest that workers in the sugar sector and in sugar-producing regions have better employment opportunities and experience larger wage increases. More interestingly, households at the top of the income distribution experience larger income gains due to higher wages, whereas households at the bottom of the distribution experience larger income gains due to movements out of unemployment. 2012-06-21T21:00:37Z 2012-06-21T21:00:37Z 2006-04 http://documents.worldbank.org/curated/en/2006/04/6725321/sugar-prices-labor-income-poverty-brazil http://hdl.handle.net/10986/8726 English Policy Research Working Paper; No. 3874 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research Latin America & Caribbean Brazil |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
AGRICULTURAL EXPORTS AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURAL SECTOR AGRICULTURAL TRADE AGRICULTURE COMMODITY PRICES COMPARATIVE ADVANTAGE CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDICES CONSUMER PRICES CONSUMERS CUTTING DEREGULATION DIVIDENDS DOMESTIC MARKETS ECONOMETRIC ANALYSIS ELASTICITY EQUILIBRIUM EXPENDITURE EXPORT BARRIERS EXPORTS FARMERS GDP INCOME INDUSTRY INTERNATIONAL MARKETS LABOR MARKET LABOR MARKETS MARKET PRICE MARKET PRICES MARKET REFORMS MARKET STRUCTURE MARKET SURVEYS MARKETING MERGERS MILLS MONOPOLY PRICE CHANGE PRICE CHANGES PRICE INCREASE PRICE INCREASES PRODUCER PRICES PRODUCERS REAL INCOME SUBSTITUTE SUBSTITUTE GOOD SUBSTITUTION SUGAR SUGAR CANE SUGAR INDUSTRY SUGAR PRICES SUGAR PROCESSING TAKEOVER TOTAL OUTPUT TRADE LIBERALIZATION TRADE POLICY UNEMPLOYMENT WAGES WORKERS EXPERIENCE WORLD MARKET WORLD MARKETS WTO |
| spellingShingle |
AGRICULTURAL EXPORTS AGRICULTURAL PRICE AGRICULTURAL PRICES AGRICULTURAL SECTOR AGRICULTURAL TRADE AGRICULTURE COMMODITY PRICES COMPARATIVE ADVANTAGE CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDICES CONSUMER PRICES CONSUMERS CUTTING DEREGULATION DIVIDENDS DOMESTIC MARKETS ECONOMETRIC ANALYSIS ELASTICITY EQUILIBRIUM EXPENDITURE EXPORT BARRIERS EXPORTS FARMERS GDP INCOME INDUSTRY INTERNATIONAL MARKETS LABOR MARKET LABOR MARKETS MARKET PRICE MARKET PRICES MARKET REFORMS MARKET STRUCTURE MARKET SURVEYS MARKETING MERGERS MILLS MONOPOLY PRICE CHANGE PRICE CHANGES PRICE INCREASE PRICE INCREASES PRODUCER PRICES PRODUCERS REAL INCOME SUBSTITUTE SUBSTITUTE GOOD SUBSTITUTION SUGAR SUGAR CANE SUGAR INDUSTRY SUGAR PRICES SUGAR PROCESSING TAKEOVER TOTAL OUTPUT TRADE LIBERALIZATION TRADE POLICY UNEMPLOYMENT WAGES WORKERS EXPERIENCE WORLD MARKET WORLD MARKETS WTO Krivonos, Ekaterina Olarreaga, Marcelo Sugar Prices, Labor Income, and Poverty in Brazil |
| geographic_facet |
Latin America & Caribbean Brazil |
| relation |
Policy Research Working Paper; No. 3874 |
| description |
This paper assesses the impact that a potential liberalization of sugar regimes in OECD countries could have on household labor income and poverty in Brazil. The authors first estimate the extent of price transmission from world markets to 11 Brazilian states to capture the fact that some local markets may be relatively more isolated from changes in world prices. They then simultaneously estimate the impact that changes in domestic sugar prices have on regional wages and employment depending on worker characteristics. Finally, they measure the impact on household income of a 10 percent increase in world sugar prices. Results suggest that workers in the sugar sector and in sugar-producing regions have better employment opportunities and experience larger wage increases. More interestingly, households at the top of the income distribution experience larger income gains due to higher wages, whereas households at the bottom of the distribution experience larger income gains due to movements out of unemployment. |
| format |
Publications & Research :: Policy Research Working Paper |
| author |
Krivonos, Ekaterina Olarreaga, Marcelo |
| author_facet |
Krivonos, Ekaterina Olarreaga, Marcelo |
| author_sort |
Krivonos, Ekaterina |
| title |
Sugar Prices, Labor Income, and Poverty in Brazil |
| title_short |
Sugar Prices, Labor Income, and Poverty in Brazil |
| title_full |
Sugar Prices, Labor Income, and Poverty in Brazil |
| title_fullStr |
Sugar Prices, Labor Income, and Poverty in Brazil |
| title_full_unstemmed |
Sugar Prices, Labor Income, and Poverty in Brazil |
| title_sort |
sugar prices, labor income, and poverty in brazil |
| publisher |
World Bank, Washington, DC |
| publishDate |
2012 |
| url |
http://documents.worldbank.org/curated/en/2006/04/6725321/sugar-prices-labor-income-poverty-brazil http://hdl.handle.net/10986/8726 |
| _version_ |
1764405875730022400 |