Bogetić, Željko (contributor); Espina, Carlos (contributor) - 2007
production, its major product and
export, and it is the world’s leading producer of cocoa. When cocoa, coffee and cotton
prices … export crop, coffee.
Coffee is correlated with cocoa, and shows very similar cyclical patterns.
6
The scales on the Y … study period (except for 2002), which is not surprising as cocoa prices are
an important part of the index of export prices …