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Estimating and measuring the agribusiness GDP: an application to the Brazilian economy, 1994 to 2000

Furtuoso, Maria Cristina Ortiz and Guilhoto, Joaquim José Martins (2003): Estimating and measuring the agribusiness GDP: an application to the Brazilian economy, 1994 to 2000. Published in: Revista Brasileira de Economia e Sociologia Rural , Vol. 41, No. 4 (2003): pp. 803-827.

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Abstract

Through the use of input-output analysis and the system of national account, this paper presents new methodological insights in ways to estimate and to measure the Agribusiness GDP of a nation. The GDP of the Agribusiness is also estimated for two major complexes: a) Vegetal Products and b) Animal Products. Each of the Agribusiness complexes is divided into four components: a) inputs to agriculture; b) agriculture; c) agriculture based industry; and d) final distribution. Using data for the Brazilian economy it was possible to measure the GDP of Brazilian Agribusiness, which were estimated to be around 27% of the Brazilian GDP in 2000.

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