The Oil and Gas Sector in the Brazilian Economy

28 Pages Posted: 3 Jul 2011

See all articles by Joaquim Guilhoto

Joaquim Guilhoto

Organization for Economic Co-Operation and Development (OECD) - Directorate for Science, Technology and Industry (STI); University of Sao Paulo

Silvio Massaru Ichihara

University of São Paulo (USP)

Fernando Postali

University of São Paulo (USP) - Department of Economics

Krongnon W. de Souza Regueira

affiliation not provided to SSRN

André Canelas

affiliation not provided to SSRN

Maria Mendes da Fonseca

affiliation not provided to SSRN

Ney Cunha

affiliation not provided to SSRN

Date Written: July 1, 2007

Abstract

This paper presents the results of a research conducted to measure the importance of the oil and gas complex in the Brazilian economy and in its states, henceforth called O&G. Initially, the efforts were concentrated on the construction of an interregional input-output system for the 27 states of the Brazilian economy at the level of 42 industries, for the year of 2002. By using this system, it was possible to make an analysis of the role played by the oil and gas complex in the Brazilian economy and its states. First it was made an analysis of the economic flows linked to the oil and gas production, and then it is made an estimation of the Gross Domestic Product (GDP) value generated by the oil and gas complex in the Brazilian economy and its states. It was also made a detailed analysis of the productive chain of the oil and gas, starting from the suppliers of inputs to the oil and gas production, going through the production itself and the various stages of refining and processing, and ending at the measuring of the services and distribution activities. The results show that the oil and gas complex has a share of around 10.4% of the Brazilian GDP, while the share in the GDP of the states ranges from less than 1% to 27%.

Suggested Citation

Guilhoto, Joaquim José Martins and Ichihara, Silvio Massaru and Postali, Fernando Antonio Slaibe and Regueira, Krongnon W. de Souza and Canelas, André and Fonseca, Maria Mendes da and Cunha, Ney, The Oil and Gas Sector in the Brazilian Economy (July 1, 2007). Available at SSRN: https://ssrn.com/abstract=1876624 or http://dx.doi.org/10.2139/ssrn.1876624

Joaquim José Martins Guilhoto (Contact Author)

Organization for Economic Co-Operation and Development (OECD) - Directorate for Science, Technology and Industry (STI) ( email )

Paris
France

University of Sao Paulo ( email )

Av. Prof. Luciano Gualberto, 908
FEA2
Sao Paulo, 05508-010
Brazil
+ 55 011 3091-5870 (Phone)
+ 55 011 3813-4743 (Fax)

Silvio Massaru Ichihara

University of São Paulo (USP) ( email )

Rua Luciano Gualberto, 315
São Paulo, São Paulo 14800-901
Brazil

Fernando Antonio Slaibe Postali

University of São Paulo (USP) - Department of Economics ( email )

Av. Prof. Luciano Gualberto 908
Sao Paulo SP, 05508-900
Brazil
+55 11 30915915 (Phone)
+55 11 30915915 (Fax)

Krongnon W. de Souza Regueira

affiliation not provided to SSRN ( email )

André Canelas

affiliation not provided to SSRN ( email )

Maria Mendes da Fonseca

affiliation not provided to SSRN ( email )

Ney Cunha

affiliation not provided to SSRN ( email )

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