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There is a common perception among consumers that the retail prices respond faster to an increase in the price of raw material than to a decrease. This paper aims at testing the existence of such asymmetric price transmission in the cocoa-chocolate chain on the French market. Two types of...
Persistent link: https://www.econbiz.de/10008562505
The aim of this paper is to explore the channels of transmission of the fluctuations in the world price of cocoa to the consumer of chocolate bars in France. This case study can be considered as an illustration of a more general pattern of asymmetric vertical price transmission in the...
Persistent link: https://www.econbiz.de/10011071034
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[eng] This paper is based on Prebisch and Singer’s work on the deterioration in the terms of trade of developing economies. Using a game-theory model, we can explain the decline in the cocoa-bean price relative to the price of chocolate bars in the French market. One implication of the model...
Persistent link: https://www.econbiz.de/10010977823
Persistent link: https://www.econbiz.de/10008180244
There is a common perception among consumers that the retail prices respond faster to an increase in the price of raw material than to a decrease. This paper aims at testing the existence of such asymmetric price transmission in the cocoa-chocolate chain on the French market. Two types of...
Persistent link: https://www.econbiz.de/10008793400
In this note we provide a brief survey of the literature about the effects of exports instability in developing countries, mainly focused on commodity dependent economies. Whatever the nature of instability, exports instability generate major disturbances in those economies. Exports instability...
Persistent link: https://www.econbiz.de/10005016475
It is frequent, especially in the African context, to find a negative and statistically significant coefficient associated with human capital when it is introduced into the estimation of a plot-level production function. We provide an explanation for this paradox in the context of a...
Persistent link: https://www.econbiz.de/10005016477
Dans cet article, nous examinons les conséquences de l’insécurité foncière sur la croissance économique au Brésil à partir d’un modèle dynamique d’une économie comportant un secteur agricole et un secteur manufacturé. La terre est à la fois un facteur de production spécifique...
Persistent link: https://www.econbiz.de/10005016514