The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96
Author: Mr.Ales Bulir
Publisher: International Monetary Fund
Total Pages: 27
Release: 1998-06-01
Genre: Business & Economics
ISBN: 1451851138

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From the early 1960s to the early 1980s, the officially recorded production of cocoa in Ghana declined by 60 percent. During the 1983–95 Economic Recovery Program, however, cocoa production doubled. Although these developments have inspired much empirical research, most of the studies have been unable to explain the medium-term persistence of cocoa output to remain below its estimated capacity level. The paper argues that the price incentive to smuggle can explain as much as one-half of the observed decline in output and the subsequent recovery. A cointegration analysis and a dynamic error-correction model of cocoa supply support the analysis.

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96
Author: Aleš Bulíř
Publisher:
Total Pages: 26
Release: 2006
Genre:
ISBN:

Download The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-96 Book in PDF, Epub and Kindle

From the early 1960s to the early 1980s, the officially recorded production of cocoa in Ghana declined by 60 percent. During the 1983-95 Economic Recovery Program, however, cocoa production doubled. Although these developments have inspired much empirical research, most of the studies have been unable to explain the medium-term persistence of cocoa output to remain below its estimated capacity level. The paper argues that the price incentive to smuggle can explain as much as one-half of the observed decline in output and the subsequent recovery. A cointegration analysis and a dynamic error-correction model of cocoa supply support the analysis.

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996
Author: Mr. Ales Bulir
Publisher: International Monetary Fund
Total Pages: 28
Release: 1998-06-01
Genre: Business & Economics
ISBN: 1451897073

Download The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996 Book in PDF, Epub and Kindle

From the early 1960s to the early 1980s, the officially recorded production of cocoa in Ghana declined by 60 percent. During the 1983–95 Economic Recovery Program, however, cocoa production doubled. Although these developments have inspired much empirical research, most of the studies have been unable to explain the medium-term persistence of cocoa output to remain below its estimated capacity level. The paper argues that the price incentive to smuggle can explain as much as one-half of the observed decline in output and the subsequent recovery. A cointegration analysis and a dynamic error-correction model of cocoa supply support the analysis.

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996

The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996
Author: Ales Bulir
Publisher:
Total Pages: 26
Release: 1998
Genre:
ISBN:

Download The Price Incentive to Smuggle and the Cocoa Supply in Ghana, 1950-1996 Book in PDF, Epub and Kindle

From the early 1960s to the early 1980s, the officially recorded production of cocoa in Ghana declined by 60 percent. During the 1983-95 Economic Recovery Program, however, cocoa production doubled. Although these developments have inspired much empirical research, most of the studies have been unable to explain the medium-term persistence of cocoa output to remain below its estimated capacity level. The paper argues that the price incentive to smuggle can explain as much as one-half of the observed decline in output and the subsequent recovery. A cointegration analysis and a dynamic error-correction model of cocoa supply support the analysis.

Can Price Incentive to Smuggle Explain the Contraction of Cocoa Supply in Ghana?

Can Price Incentive to Smuggle Explain the Contraction of Cocoa Supply in Ghana?
Author: Aleš Bulíř
Publisher:
Total Pages: 26
Release: 2006
Genre:
ISBN:

Download Can Price Incentive to Smuggle Explain the Contraction of Cocoa Supply in Ghana? Book in PDF, Epub and Kindle

From the early 1960s to the early 1980s, the officially recorded output of cocoa in Ghana declined by 60 percent. During the 1983-95 Economic Recovery Program, however, cocoa official output doubled. Although these developments have inspired much empirical research, most of the studies have been unable to explain the medium-term persistence of cocoa output to remain below its estimated capacity level. The paper argues that the price incentive to smuggle can explain as much as one half of the observed decline in official output from its trend and the subsequent recovery. A cointegration analysis and a dynamic error correction model of cocoa supply support the analysis.

The cocoa coast: The board-managed cocoa sector in Ghana

The cocoa coast: The board-managed cocoa sector in Ghana
Author: Kolavalli, Shashidhara
Publisher: Intl Food Policy Res Inst
Total Pages: 214
Release: 2018-02-07
Genre: Social Science
ISBN: 0896292681

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After almost 20 years of declining cocoa production, Ghana has been able in the last decade to increase the share of export prices going to producers and more than double production. Contrary to Washington Consensus prescriptions, these accomplishments were achieved through reforms that did not include market liberalization. In The Cocoa Coast: The Board-Managed Cocoa Sector in Ghana, the authors identify factors that have contributed to Ghana’s success in cocoa production. These include the accountability of the government for the sector’s performance (cocoa-sector performance being seen as a key dimension of economic management), its interest in maintaining the ability to raise funds globally as a reliable supplier of high-quality cocoa, and its policy of retaining a portion of producer revenues to promote the adoption of yield-enhancing measures. The authors also suggest how Ghana can improve the efficiency of the cocoa sector through measures such as increased transparency and curtailing services that would be better provided by the private sector. The Cocoa Coast will be a valuable resource for policy makers, development specialists, and others interested in different national development paths.

Food and Identity in Nineteenth and Twentieth Century Ghana

Food and Identity in Nineteenth and Twentieth Century Ghana
Author: Brandi Simpson Miller
Publisher: Springer Nature
Total Pages: 319
Release: 2022-01-11
Genre: Social Science
ISBN: 3030884031

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This book investigates how cooking, eating, and identity are connected to the local micro-climates in each of Ghana’s major eco-culinary zones. The work is based on several years of researching Ghanaian culinary history and cuisine, including field work, archival research, and interdisciplinary investigation. The political economy of Ghana is used as an analytical framework with which to investigate the following questions: How are traditional food production structures in Ghana coping with global capitalist production, distribution, and consumption? How do land, climate, and weather structure or provide the foundation for food consumption and how does that affect the separate traditional and capitalist production sectors? Despite the post WWII food fight that launched Ghana’s bid for independence from the British empire, Ghana’s story demonstrates the centrality of local foods and cooking to its national character. The cultural weight of regional traditional foods, their power to satisfy, and the overall collective social emphasis on the ‘proper’ meal, have persisted in Ghana, irrespective of centuries of trade with Europeans. This book will be of interest to scholars in food studies, comparative studies, and African studies, and is sure to capture the interest of students in new ways.

Economies After Colonialism

Economies After Colonialism
Author: Lindsay Whitfield
Publisher:
Total Pages: 381
Release: 2018-06-21
Genre: Business & Economics
ISBN: 110842614X

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Mapping Ghana's struggle to transform its economy after independence, this original interpretation highlights the economic difficulties associated with the political legacies of colonialism.

Delivering Development

Delivering Development
Author: Edward R. Carr
Publisher: Macmillan
Total Pages: 262
Release: 2011-02-01
Genre: Business & Economics
ISBN: 0230117260

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In Delivering Development, author Edward Carr calls into question the very universal, unquestioned assumptions about globalization, development, and environmental change that undergird much of development and economic policy. Here he demonstrates how commonly held beliefs about globalization and development have failed the global poor. Over his 13 years of working along what he calls "globalization's shoreline," a world region buffeted by the economic, political, and environmental decisions of those living in wealthier places, Carr has concluded that most experts misunderstand what they are trying to fix, and cannot tell if they are fixing it. Delivering Development is an eye opening, you-are-there book that compels the reader to question conventional wisdom, redefines what assistance to the developing world really means, and explores alternative ways of achieving meaningful, enduring improvements to human well-being.