The cocoa sector in Ghana is one of few examples of an export commodity sector in an African country that has withstood the pressure to fully liberalize. Despite substantial government control over internal and external marketing via the Ghana Cocoa Board (COCOBOD), the current institutional...

"The deregulation of Ghana’s domestic cocoa supply chain that took place in the early 1990s was expected to bring competition among different private buyers and to generate a number of production incentives to the farmers. Most notably, it was expected that competition would emerge by...

"Using a two year panel dataset, this paper offers an empirical investigation of the unprecedented production boom episode observed in Ghana's cocoa sector between 2002 and 2004. We look at the technology of production underlying the years of the boom, and suggest that most of the rise was due...