Exchange rates, soybean supply response, and deforestation in South America
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The economic situation marked by very high oil prices at the end of the 2000s did not stimulate crop expansion.
“(ii) the economic situation marked by very high oil prices at the end of the 2000s did not stimulate crop expansion (Richards et al., 2012)”
From Transition in environmental governance in the Brazilian Amazon: emergence of a new pattern of socio-economic development and deforestation (2016) · cites this paper as Richards et al., 2012
The Introduction and background says appreciation of the Brazilian real offset rising global food prices and mitigated the effect of a late surge in soybean prices on crop-expansion incentives. Market and Exchange Effects in Brazil likewise describes late-2000s food prices, not high oil prices. The paper supports a dampened incentive for expansion, not the categorical claim that high oil prices did not stimulate it. (LLM, conf=0.86)
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- Authors
- Richards, P. D., Myers, R. J., Swinton, S. M., & Walker, R. T.
- Affiliations
- Michigan State University (US)
- Corresponding author
- Richards, Peter D.
- ORCID
- Richards, Peter D.
- Venue
- Global Environmental Change
- Publisher
- Elsevier BV
- Published
- 2012-05
- Volume
- 22
- Issue
- 2
- Pages
- 454-462
- ISSN
- 0959-3780 (ISSN-L)
- OpenAlex
- W2066753732
- Cited by
- 169
- References
- 4
- Citations by year
- 2026: 4 · 2025: 9 · 2024: 11 · 2023: 9 · 2022: 10 · 2021: 11 · 2020: 12 · 2019: 10 · 2018: 16 · 2017: 16 · 2016: 16 · 2015: 18 · 2014: 11 · 2013: 12 · 2012: 4
- FWCI
- 11.12
- Type
- journal article
- Language
- en
- Open access
- green
- ageconsearch.umn.edu
- Licence
- cc-by-nc-nd
- www.elsevier.com/tdm/userlicense/1.0/ (tdm)
- Locations
- Global Environmental Change (publishedVersion)
- RePEc: Research Papers in Economics (submittedVersion)
- AgEcon Search (University of Minnesota, USA) (submittedVersion, cc-by-nc-nd)
- Graduate Research Master's Degree Plan B Papers (submittedVersion)
- AgEcon Search (University of Minnesota, USA)
- Funders
- National Science Foundation
- Economic Research Service
- Topics
- Physical Sciences › Environmental Science › Global and Planetary Change › Conservation, Biodiversity, and Resource Management
- Life Sciences › Agricultural and Biological Sciences › General Agricultural and Biological Sciences › Agriculture, Land Use, Rural Development
- Physical Sciences › Environmental Science › Ecology › Oil Palm Production and Sustainability
- Keywords
- soybean expansion, currency devaluation, exchange rates, deforestation, cropland expansion, soybean prices, Brazilian real, dollar depreciation, Amazon, Cerrado, Atlantic Forest, South America
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