Minimum prices and stabilization of agricultural prices
Abstract
This work analyses the minimum price policy in Brazil. Some measures of price
spread are performed in monthly prices time-series to estimate the impact of the policy on
the series of rice and corn. The results suggest that changes in the price policy would not
modify the historical performance of the price time-series for these crops, except the case of
the intervention prices that has worked since 1988.
JEL Classification: Q11; Q14.
Keywords: Minimum price agriculture agricultural finance