PANEL DATA ANALYSIS: THE INFLUENCE OF CLIMATIC VARIABLES ON MEDICINES SALES IN SOUTHERN BRAZIL

Authors

  • Pedro Brandão Dalla Valle Universidade do Vale do Rio dos Sinos (UNISINOS), Escola de Gestão e Negócios, Programa de Pós-Graduação em Administração. Porto Alegre, Rio Grande do Sul, Brasil. http://orcid.org/0000-0003-0116-689X
    • Flavio Tosi Feijó Universidade Federal do Rio Grande do Sul (UFRGS), Faculdade de Ciências Econômicas (FCE), Departamento de Economia e Relações Internacionais (DERI). Porto Alegre, Rio Grande do Sul, Brasil. http://orcid.org/0000-0001-6671-9075

      DOI:

      https://doi.org/10.22456/2176-5456.86618

      Keywords:

      Retail, Climate, Drugstore, Sales, Econometrics

      Abstract

      This paper proposes a model for the analysis of the impact of climatic variables on medicines sales in the southern region of Brazil. For this study, sales data of
      262 pharmacies were collected, representing more than 80 million commercial transactions, and meteorological data from 26 cities through the national institute of meteorology during the period of January 2012 and June 2016. Using the fixed-effects
      panel data model, a methodology characterized by the combined use of time series and
      cross-sections, it is estimated that the variables with the greatest influence on sales are
      temperature and precipitation. The main hypothesis tested in this study, that climatic
      variables have a significant effect on sales, could be confirmed for some categories of
      medicines, with different influences between them.

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      Published

      2021-06-27

      How to Cite

      Dalla Valle, P. B., & Feijó, F. T. (2021). PANEL DATA ANALYSIS: THE INFLUENCE OF CLIMATIC VARIABLES ON MEDICINES SALES IN SOUTHERN BRAZIL. Análise Econômica, 39(79). https://doi.org/10.22456/2176-5456.86618