The high volatility of the world cocoa price makes the millions of cocoa farmers in the developing world highly … or demand. Therefore, we test the hypothesis that the price elasticities of the global cocoa supply and demand are low …. We describe the global cocoa market with cointegration dynamic supply, demand and price submodels. Our OLS, 2SLS, and SUR …

This study investigates the Indonesian cocoa production to reveal the possibilities for poverty alleviation while … frontier analysis, the technical efficiency of cocoa production and decompose productivity growth. According to our results …, the productivity of Indonesian cocoa farming increased by 75 percent between 2001 and 2013. Technical efficiency growth …