Ubilava, David; Helmers, Claes Gustav - Agricultural and Applied Economics Association - AAEA - 2011
Cocoa beans are produced in equatorial and sub-equatorial regions of West Africa, Southeast Asia and South America … and precipitation in many parts of the world. Thus, ENSO, has a potential of affecting cocoa production and, subsequently …, prices on the world market. This study investigates the benefits of using a measure of ENSO variable in world cocoa price …