The impact of the technology on the food industrial production: a case study of Brazil
Valmor Comim Junior, Sibele Recco Rosso Comim & Sadia Hussain Vehniwal
The object of this study is to analysis the effect of technology on the food industrial production: A case study of Brazil. The Brazilian food and beverage industry has great social and economic importance to the nation and technology represents a key factor for competitiveness in the sector. Learning about the past and recent technological dynamics of this industry enables the identification of trends and perspectives that enhance its competitiveness. The range of data use for estimation is from 1980 to 2018. The analysis is based on econometric techniques. First of all this study applied The ADF (Augmented Dickey Fuller 1979) test to verify the stationary values of the variables, Johnson co-integration technique to check the long run relationship among the variables, VECM to check the significant values of the variables. This study concluded that the technology has positive effect on the food industrial production. . The new technology within the sector has been integrated rather than created. Enterprise investment in R&D is still low and the sector’s technology strategy is mostly imitative. However, this period presented positive effect of technological efforts, with the primary goal of increasing productive efficiency and effectiveness This study suggests that the government to subsidies the food industries that it can easily get approach to technology and revises food export restriction policy.
Keywords: technology, food industrial production, econometric techniques, VECM.
|Title:||The impact of the technology on the food industrial production: a case study of Brazil|
|Author:||Valmor Comim Junior, Sibele Recco Rosso Comim & Sadia Hussain Vehniwal|
|Journal Name:||International Journal of Science and Business|
|ISSN:||ISSN 2520-4750 (Online), ISSN 2521-3040 (Print)|
|Date of Publication:||24/02/2021|
|Paper Type:||Research Paper|
Cite This Article:
Comim Junior, V., Comim, S. R. R. & Vehniwal, S. H. (2021). The impact of the technology on the food industrial production: a case study of Brazil. International Journal of Science and Business, 5(4), 123-142. doi: https://doi.org/10.5281/zenodo.4560000
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About Author (s)
Valmor Comim Junior (Corresponding Author), University of International Business and Economics, Beijing, China. Email: firstname.lastname@example.org
Sibele Recco Rosso Comim, University of International Business and Economics, Beijing, China.
Sadia Hussain Vehniwal, Bahauddin Zakariya University Vehari campus, Pakistan.