Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India

The standard approach to modelling the relationship between world and producer prices of coffee does not incorporate the effects of changing government policies and market structures. These changes have led to large structural breaks in the relationship between the prices implying the standard estim...

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Bibliographic Details
Main Authors:	Russell, Bill, Mohan, Sushil, Banerjee, Anindya
Format:	Journal Article
Language:	en_US
Published:	Oxford University Press on behalf of the World Bank 2014
Subjects:	agricultural products beans cherries coffee coffee market coffee markets coffee prices coffee producers coffee production coffee sector coffee trade commodity crop green beans pesticide produce production costs quality coffee seedlings unregulated markets
Online Access:	http://hdl.handle.net/10986/19082

id	okr-10986-19082
recordtype	oai_dc
spelling	okr-10986-190822021-04-23T14:03:51Z Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India Russell, Bill Mohan, Sushil Banerjee, Anindya agricultural products beans cherries coffee coffee market coffee markets coffee prices coffee producers coffee production coffee sector coffee trade commodity crop green beans pesticide produce production costs quality coffee seedlings unregulated markets The standard approach to modelling the relationship between world and producer prices of coffee does not incorporate the effects of changing government policies and market structures. These changes have led to large structural breaks in the relationship between the prices implying the standard estimates are biased. We model coffee prices in Brazil, Guatemala and India allowing for the structural breaks and show that the liberalisation of coffee markets has benefited producers substantially both in terms of a higher share of the world price of coffee and higher real prices. This suggests that calls to re-regulate coffee markets may be misplaced. 2014-07-30T20:21:06Z 2014-07-30T20:21:06Z 2012-11 Journal Article World Bank Economic Review 1564-698X 10.1093/wber/lhr055 http://hdl.handle.net/10986/19082 en_US CC BY-NC-ND 3.0 IGO http://creativecommons.org/licenses/by-nc-nd/3.0/igo World Bank Oxford University Press on behalf of the World Bank Publications & Research :: Journal Article Brazil Guatemala India
repository_type	Digital Repository
institution_category	Foreign Institution
institution	Digital Repositories
building	World Bank Open Knowledge Repository
collection	World Bank
language	en_US
topic	agricultural products beans cherries coffee coffee market coffee markets coffee prices coffee producers coffee production coffee sector coffee trade commodity crop green beans pesticide produce production costs quality coffee seedlings unregulated markets
spellingShingle	agricultural products beans cherries coffee coffee market coffee markets coffee prices coffee producers coffee production coffee sector coffee trade commodity crop green beans pesticide produce production costs quality coffee seedlings unregulated markets Russell, Bill Mohan, Sushil Banerjee, Anindya Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India
geographic_facet	Brazil Guatemala India
description	The standard approach to modelling the relationship between world and producer prices of coffee does not incorporate the effects of changing government policies and market structures. These changes have led to large structural breaks in the relationship between the prices implying the standard estimates are biased. We model coffee prices in Brazil, Guatemala and India allowing for the structural breaks and show that the liberalisation of coffee markets has benefited producers substantially both in terms of a higher share of the world price of coffee and higher real prices. This suggests that calls to re-regulate coffee markets may be misplaced.
format	Journal Article
author	Russell, Bill Mohan, Sushil Banerjee, Anindya
author_facet	Russell, Bill Mohan, Sushil Banerjee, Anindya
author_sort	Russell, Bill
title	Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India
title_short	Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India
title_full	Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India
title_fullStr	Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India
title_full_unstemmed	Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India
title_sort	coffee market liberalisation and the implications for producers in brazil, guatemala and india
publisher	Oxford University Press on behalf of the World Bank
publishDate	2014
url	http://hdl.handle.net/10986/19082
_version_	1764443532223840256

Coffee Market Liberalisation and the Implications for Producers in Brazil, Guatemala and India

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