Cocoa economy: An international perspective with special reference to Indian scenario
KRISHI: Publication and Data Inventory Repository
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Title |
Cocoa economy: An international perspective with special reference to Indian scenario
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Creator |
Jayasekhar S
C T Jose C V Sairam S Arulraj |
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Subject |
Coco scenario, Time series analysis, Area effect, Yield effect
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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. Not Available |
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Date |
2018-11-20T14:31:01Z
2018-11-20T14:31:01Z 2005-08-01 |
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Type |
Journal
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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 |
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Language |
English
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Publisher |
ISPC
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