This study examines the effect of crude oil price on Cocoa production in Nigeria between 1961 and 2008. The output of cocoa was specified as a function of factors such as exchange rate, cocoa producer price, crude oil price and structural adjustment programme. Quantitative estimates, based on...
This technical note aims to describe the market incentives and disincentives for Cocoa in Ghana.
For this purpose, yearly averages of farm gate and wholesale prices are compared with reference prices calculated on the basis of the price of the commodity in the international market. The...
The cocoa sector in Ghana is one of few examples of an export commodity sector in an African country that has withstood the pressure to fully liberalize. Despite substantial government control over internal and external marketing via the Ghana Cocoa Board (COCOBOD), the current institutional...
This research was conducted to produce a mapping of the fine flavour cocoa (FFC) market for 11 countries of interest in Latin – America, Asia and Africa, and to define the potential of fine flavour cocoa for these countries. The research focussed on the varieties of fine flavour cocoa, the...
We investigate the economic importance of implicit quality incentives in an agricultural market that lacks the institutional capacity for measuring quality verifiably. We measure the magnitude of implicit price premiums for quality, and we distinguish empirically between hedonic-pricing and...
The Cocoa Barometer 2010 presents an analysis of the recent market developments in the certified cocoa sector and aims to fuel the ongoing discussions on building capacity and training of cocoa farmers.
The Cocoa Barometer 2010 was used to build shared understanding of the sustainability...
This paper analyzes and compares Nash and Stackelberg optimum export taxes in multi-country Partial Equilibrium (PE) and General Equilibrium (GE) frameworks. Considering the fact that a theoretical GE approach is not possible in a multi-country context, a computable general equilibrium model of...
As information on the economic, environmental and social benefits of cocoa has grown, so has the understanding that only a coordinated effort by all stakeholders can ensure cocoa sustainability. This chapter describes how challenges to cocoa supplies brought seemingly disparate groups together...
The restructuring of the world cocoa market has concluded with the liberalization of the sector in the world's leading producing country, Cote d’Ivoire, clearing the way for domination by an oligopoly of global companies. This paper describes how Ivory Coast's share of world production created...