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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