Open AccessThe Biodiesel Economic Indicators in Northern Brazil Based on Tocantins State
Author(s) -
Fernando Silva Lima,
Waldecy Rodrigues,
Nilton Marques de Oliveira
Publication year - 2020
Publication title -
international journal of business administration
Language(s) - English
Resource type - Journals
eISSN - 1923-4015
pISSN - 1923-4007
DOI - 10.5430/ijba.v11n2p17
Subject(s) - production (economics) , biodiesel , agency (philosophy) , biodiesel production , biofuel , relation (database) , business , economics , environmental science , ecology , microeconomics , biochemistry , chemistry , philosophy , epistemology , database , computer science , biology , catalysis
This article aimed to perform a regional analysis of biofuel through the biodiesel production capacity in Tocantins in 2008 and 2017. The guiding question of this research was: what is the importance of the biodiesel sector in Brazil and Tocantins, in relation to the sectors of services, industry and storage services in terms of production capacity. The hypothesis is that, in relation to production capacity, the Tocantins biodiesel sector has lost its potential compared to other economic sectors in the state. Taking as theoretical assumption the theories of regional development. Data were collected from the website of the Brazilian Institute of Geography and Statistics (IBGE) and the National Petroleum Agency (ANP). The results show that biodiesel in 2008 had potential for Tocantins economy, but not in the same proportionality in 2017.