Agris on-line Papers in Economics and Informatics

Faculty of Economics and Management CULS Prague, Kamýcká 129, 165 00 Praha - Suchdol

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The Export Competitiveness of Global Cocoa Traders

Atilla Jambor, Andrea Timea Toth, Domonkos Koroshegyi

DOI: 10.7160/aol.2017.090303

Agris on-line Papers in Economics and Informatics, No 3 /2017, September

Jambor, A., Toth, A.T. and Koroshegyi, D. (2017) “The Export Competitiveness of Global Cocoa Traders", AGRIS on-line Papers in Economics and Informatics, Vol. 9, No. 3, pp. 27 - 37. ISSN 1804-1930.DOI 10.7160/aol.2017.090303.

Abstract

Export competitiveness is an important indicator in the analysis of international trade flow, however, in empirical studies on agriculture it is often neglected. In this article we aim to analyse export competitiveness of global cocoa producers and to test the stability of the Balassa index as well as to identify the determinants behind different country performances. On a product basis, we have not found any article analyzing the competitiveness of cocoa in international trade. Our paper draws global cocoa trade data from the period 1992 to 2015. Results suggest that global cocoa trade is highly concentrated with Cote d’Ivoire, Ghana and Indonesia obtaining the highest comparative advantages in 1992-2015. However, duration and stability tests indicate that trade advantages have weakened for the majority of the countries concerned.

Keywords

Export competitiveness, cocoa trade, determinants, development.

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