Modelling thirty five years of coffee prices in Brazil, Guatemala and India

Sushil Mohan, Bill Russell

    Research output: Working paperDiscussion paper

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    Abstract

    Over the past thirty five years coffee markets have been subject to market controls and regulations culminating in the liberalisation of coffee markets in the early 1990s. This paper models the relationship between the producers’ and world prices of coffee in Brazil, Guatemala and India allowing for the effects of changes in market structures. We find that liberalisation has benefited producers substantially in terms of higher real coffee prices and a higher share of the world price of coffee.
    Original languageEnglish
    PublisherUniversity of Dundee
    Publication statusPublished - 2008

    Publication series

    NameDundee Discussion Papers in Economics
    PublisherUniversity of Dundee
    No.221
    ISSN (Print)1473-236X

    Keywords

    • Coffee prices
    • Cointegration
    • Coffee markets
    • Liberalisation
    • Coffee producers
    • Transfer costs

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    Mohan, S., & Russell, B. (2008). Modelling thirty five years of coffee prices in Brazil, Guatemala and India. (Dundee Discussion Papers in Economics; No. 221). University of Dundee.