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(Referência obtida automaticamente do Web of Science, por meio da informação sobre o financiamento pela FAPESP e o número do processo correspondente, incluída na publicação pelos autores.)

Factors influencing hedging decision: evidence from Brazilian citrus growers

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Autor(es):
Carrer, Marcelo Jose [1] ; Franco da Silveira, Rodrigo Lanna [2] ; de Souza Filho, Hildo Meirelles [3]
Número total de Autores: 3
Afiliação do(s) autor(es):
[1] Fed Inst Educ Sci & Technol Sao Paulo, Dept Management, Estr Municipal Paulo Eduardo de Almeida Prado, Sao Carlos, SP - Brazil
[2] Univ Estadual Campinas, Inst Econ, Campinas, SP - Brazil
[3] Univ Fed Sao Carlos, Dept Prod Engn, Sao Carlos, SP - Brazil
Número total de Afiliações: 3
Tipo de documento: Artigo Científico
Fonte: AUSTRALIAN JOURNAL OF AGRICULTURAL AND RESOURCE ECONOMICS; v. 63, n. 1, p. 1-19, JAN 2019.
Citações Web of Science: 1
Resumo

The purpose of this study was to analyse the hedging behaviour of 98 citrus growers from the State of Sao Paulo, Brazil. Marketing behaviour was modelled as a choice between spot market, short and long-term forward contracts. A multinomial logistic regression model was used to evaluate the role of behavioural, personal and managerial variables in the choice. Results indicated that the factors which explain the use of forward contracts by citrus growers are the following: risk propensity; trade with juice processing companies; farming diversification; overconfidence in management; participation in pools; use of management tools; and technical assistance. The results can be useful for farmers, policymakers, government agencies, traders and extension agents. (AU)

Processo FAPESP: 13/06169-7 - Determinantes da eficiência técnica e econômica da citricultura em propriedades rurais do Estado de São Paulo
Beneficiário:Hildo Meirelles de Souza Filho
Modalidade de apoio: Auxílio à Pesquisa - Regular