Efeitos do crédito rural sobre a produção de soja na região do Matopiba

Abstract

Rural credit public policies seek to boost the agricultural sector, benefiting and providing farmers with greater investment in their productions. This paper examines the effect and impact of rural credit concession on soy production and productivity in the Matopiba region. To do so, a panel of data on gross value of soybean production, quantity produced, productivity, planted area, and rural credit was used, referring to the period from 2013 to 2018. The results indicated that rural credit accounts for 21% of the variation in the growth rate of total soybean production, as well as 51.57% of the variation in the growth rate of soybean productivity over five years of analysis. In relation to the positive shock of 1% in rural credit, the total production showed an immediate positive and increasing response throughout the period analyzed. Productivity showed an immediate positive and decreasing response. In general, it was found that rural credit acts as an important tool for increasing soybean production in the region studied.