The Export Competitiveness of Global Cocoa Traders
DOI:
https://doi.org/10.7160/aol.2017.090303How to Cite
Abstract
Export competitiveness is an important indicator in the analysis of international trade flow, however, in empirical studies on agriculture it is often neglected. In this article we aim to analyse export competitiveness of global cocoa producers and to test the stability of the Balassa index as well as to identify the determinants behind different country performances. On a product basis, we have not found any article analyzing the competitiveness of cocoa in international trade. Our paper draws global cocoa trade data from the period 1992 to 2015. Results suggest that global cocoa trade is highly concentrated with Cote d’Ivoire, Ghana and Indonesia obtaining the highest comparative advantages in 1992-2015. However, duration and stability tests indicate that trade advantages have weakened for the majority of the countries concerned.References
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