An analysis of the concentration of BNDES credit to Brazilian sugar and ethanol companies between 2002 and 2018

Resumo

The goal of the paper was to investigate how BNDES credit was distributed to the 100 largest companies, consideringthe 2012/2013 harvest, in sugarcane crushing, in the Brazilian sugar and alcohol sector in the period from 2002 to 2018.In addition, a comparative measurement was carried out considering the granting of BNDES credit and the amount ofcrushed sugarcane, the concentration ratio and the Gini coefficient. Lorenz curves were also constructed comparatively.In all the indicators measured, there was greater concentration and inequality in the granting of credit to the largestcompanies in relation to the smaller ones. Asymmetry was also observed in relation to access to credit, with the largercompanies having greater access in relation to the smaller ones. All ten largest companies have borrowed from theBNDES. Of the fifty largest, thirty-two received credit from the BNDES. From the fifty-first to the hundredth group,seven companies received credit.

Ficha do documento

Tipo

Artigo científico

Ano

2021

Instituição

Universidade Estadual de Campinas

Fonte

Economia e Sociedade

Idioma

Português

Acesso

Não informado

Identificador

oai:ojs.periodicos.sbu.unicamp.br:article/8665612

Licença

https://creativecommons.org/licenses/by-nc/4.0

Abrangência

Brazil, Contemporary; Brasil, Contemporáneo; Brasil; Contemporâneo,

Temas

Dados

Palavras-chave

Concentração, Crédito do BNDES, 100 maiores empresas, Setor sucroalcooleiroConcentration, BNDES credit, Top 100 companies, Sugar and alcohol industry