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Cocoa economy: An international perspective with special reference to Indian scenario

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Title Cocoa economy: An international perspective with special reference to Indian scenario
 
Creator Jayasekhar S
C T Jose
C V Sairam
S Arulraj
 
Subject Coco scenario, Time series analysis, Area effect, Yield effect
 
Description Not Available
Global cocoa production is concentrated in few countries, where four West African countries contribute 70% of global production.From Asian region, Indonesia has competitive advantage of low cost of production and high yields (1000kg/ha). Over the last 26 years world cocoa production grew at a compound growth rate of 3.6%. The increase in production during the period was 1.55 million tons with 65% area effect and 21% yield effect. Western Europe and Northern America together consume 2/3rd of global cocoa production. The time series analysis of cocoa prices reveals a regular cyclic pattern resulting from structural deficits and surpluses of cocoa bean stocks. India produces just 0.32% of global production.The estimated acreage response function revealed that weighed average of lagged cocoa prices and price risk had significant impact on area allocation with supply elasticities 0.38 and -0.042 respectively.
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Date 2018-11-20T14:31:01Z
2018-11-20T14:31:01Z
2005-08-01
 
Type Journal
 
Identifier Jayasekhar, S., Jose, C.T., Sairam, C.V., and Arulraj, S. 2005. Cocoa economy: An international perspective with special reference to Indian scenario. Journal of Plantation Crops. 33(2): 116-123
http://krishi.icar.gov.in/jspui/handle/123456789/12358
 
Language English
 
Publisher ISPC