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- Title
Sugar Prices, Labor Income, and Poverty in Brazil.
- Authors
KRIVONOS, EKATERINA; OLARREAGA, MARCELO
- Abstract
The article presents a study on how changes in the world price of sugar could affect individuals within different segments of the income distribution. Results showed that better-educated workers experience higher wage increases after a rise in sugar prices probably because mechanization and the entry of foreign multinationals made this sector more capital and skilled-labor intensive. Also included are a background on the functioning of the sugar sector in Brazil and the methodology used to estimate the transmission of changes in the world price of sugar.
- Subjects
SUGAR prices; INCOME inequality; WAGE increases; POVERTY; SOCIAL conditions in Brazil, 1985-; ECONOMIC conditions in Brazil, 1985-
- Publication
Economia, 2009, Vol 9, Issue 2, p95
- ISSN
1533-6239
- Publication type
Article
- DOI
10.1353/eco.0.0028