Jan 20, 2012

Coffee-paper of the day

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.
That is from the new paper "Coffee Market Liberalization and the Implications for Producers in Brazil, Guatemala, and India," by Russell, Mohan and Banerjee. 

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