This paper shows an alternative specification of the demand functions of both total imports and the imports of capital goods for Brazil. The set up is based on the conjecture that a variable expressing the availability of foreign exchange should be included in these import functions. Our...

Brazil is, today, the largest producer and exporter of sugar in the world, having as main competitors and price makers India and China. In the production of this commodity, there are the sugar mills and ethanol in the State of Sao Paulo. The disposal of the product is mainly done by road...