Leibtag, Ephraim; Nakamura, Alice Orcutt; Nakamura, Emi; … - 2013
A rich data set of coffee prices and costs was used to determine to what extent changes in commodity costs affect manufacturer and retail prices. On average, a 10-cent increase in the cost of a pound of green coffee beans in a given quarter results in a 2-cent increase in manufacturer and retail...