The Impact of Coffee Market Reforms on Producer Prices and Price Transmission

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dc.creatorKrivonos, Ekaterina
dc.date2013-06-25T19:01:38Z
dc.date2013-06-25T19:01:38Z
dc.date2004-07
dc.date.accessioned2026-07-01T01:24:37Z
dc.descriptionThis paper evaluates the impact of coffee sector reforms during late 1980s and early 1990s on coffee growers in the main coffee producing countries. Earlier evidence suggests that the reforms increased the share of producer prices in the world price of coffee. This hypothesis is tested in the paper with the help of cointegration analysis, and the results show that in most countries the longterm producer price share has indeed increased substantially after the liberalization. Moreover, the results suggest that the reforms induced a closer cointegrating relationship between grower prices and world market prices. Finally, estimation of an error-correction model reveals that short-run transmission of price signals from the world market to domestic producers has improved, such that domestic prices adjust faster today to world price fluctuations than they did prior to the reforms. However, there is some evidence of asymmetries in the way positive and negative world price changes are transmitted to domestic markets.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://documents.worldbank.org/curated/en/2004/07/4986700/impact-coffee-market-reforms-producer-prices-price-transmission
dc.identifierhttps://hdl.handle.net/10986/14183
dc.identifierhttps://doi.org/10.1596/1813-9450-3358
dc.identifier.urihttp://hdl.handle.net/123456789/417834
dc.languageEnglish
dc.languageen_US
dc.publisherWorld Bank, Washington, D.C.
dc.relationPolicy Research working paper series;no. WPS 3358
dc.relationPolicy Research Working Paper;No.3358
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectADMINISTERED PRICES
dc.subjectAGRICULTURAL MARKETS
dc.subjectAGRICULTURE
dc.subjectARIMA
dc.subjectAUCTIONS
dc.subjectAVERAGE PRICES
dc.subjectCOCOA
dc.subjectCOFFEE
dc.subjectCOFFEE BOARD
dc.subjectCOFFEE GROWERS
dc.subjectCOFFEE GROWING
dc.subjectCOFFEE GROWING AREAS
dc.subjectCOFFEE PRICES
dc.subjectCOFFEE PRODUCERS
dc.subjectCOFFEE SECTOR
dc.subjectCOLLUSION
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICES
dc.subjectCONSUMER PRICES
dc.subjectCONSUMERS
dc.subjectCROP
dc.subjectDIRECT MARKETING
dc.subjectDOMESTIC MARKET
dc.subjectDOMESTIC MARKETS
dc.subjectEFFICIENT MARKETS
dc.subjectELASTICITIES
dc.subjectELASTICITY
dc.subjectEQUILIBRIUM
dc.subjectEXPORT CROPS
dc.subjectFARM
dc.subjectFARMERS
dc.subjectFUELS
dc.subjectGOVERNMENT REGULATION
dc.subjectIMPORTS
dc.subjectINEFFICIENCY
dc.subjectINTERNATIONAL TRADE
dc.subjectMARKET PRICES
dc.subjectMARKET REFORMS
dc.subjectMARKETING
dc.subjectMARKETING BOARDS
dc.subjectOLIGOPOLY
dc.subjectPOLICY DECISIONS
dc.subjectPOLITICAL ECONOMY
dc.subjectPRICE ADJUSTMENT
dc.subjectPRICE CHANGES
dc.subjectPRICE DECREASES
dc.subjectPRICE FLUCTUATIONS
dc.subjectPRICE INCREASES
dc.subjectPRICE TAKERS
dc.subjectPRICE VOLATILITY
dc.subjectPRODUCE
dc.subjectPRODUCER PRICES
dc.subjectPURCHASING
dc.subjectQUOTAS
dc.subjectREAL EXCHANGE RATES
dc.subjectSALES
dc.subjectSPOT PRICES
dc.subjectSPREAD
dc.subjectSTRUCTURAL ADJUSTMENT
dc.subjectTAXATION
dc.subjectTIME SERIES
dc.subjectWHEAT
dc.subjectWORLD MARKETS COFFEE INDUSTRY
dc.subjectMARKET REFORMS
dc.subjectMARKET PRICES
dc.subjectEXPORTS
dc.subjectAGRICULTURAL MARKETS
dc.subjectTAXATION
dc.subjectDEVELOPING COUNTRIES
dc.subjectMETHODOLOGY
dc.subjectPOLICY REFORM
dc.subjectLIBERALIZATION
dc.subjectMARKETING
dc.subjectPARASTATAL ORGANIZATIONS
dc.titleThe Impact of Coffee Market Reforms on Producer Prices and Price Transmission

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