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(VSSs) become quasi-mandatory for cocoa producers and grinders to ensure accessto these markets. Yet, their trade effects are … unclear. We study the effect of a VSSon raw and processed cocoa exports. We use a unique dataset that contains the … UTZCertified cocoa production quantity of cocoa-producing countries from 2010 to 2016.This allows us to estimate a gravity model of …
Persistent link: https://www.econbiz.de/10012513967
regimes on global cocoa trade. STATA statistical tool was employed in analyzing panel data from 10 leading cocoa … materials and products. Most cocoa-producing countries grow cocoa as a cash crop, thus, rely heavily on the trade of cocoa beans … and other product. Therefore, it would be counterintuitive to have all the profits from the trade of cocoa to be wiped out …
Persistent link: https://www.econbiz.de/10012657563
in the cocoa sector from the context of pesticide regulations. Such regulations are now increasingly common, due to their … perceived benefits for humans, animals, and the environment. The results of our study show that cocoa-exporting countries stand … standard or its variants, cocoa-exporting countries need to diversify into different markets to balance quality and quantity …
Persistent link: https://www.econbiz.de/10014235317
basket peg, or to a floating regime, and obtains transition paths for the shift based on a dynamic stochastic general … Thailand and find that a small open country would be better off shifting to a basket peg or to a floating regime than … maintaining a dollar-peg regime with capital controls over the long run. Furthermore, due to the welfare losses associated with …
Persistent link: https://www.econbiz.de/10010488975
uncertain about adherence to the fixing date and in which they take account of a possible delay in the regime switch. The closed …
Persistent link: https://www.econbiz.de/10012955737
The purpose of this paper is to test the common view on the actual exchange rate regime, using very simple but … including Korea have returned to the dollar peg or managed floating after the restoration from the crisis, as they did during … the pre-crisis period. The results also show that Korea has substantially changed her exchange rate regime since January …
Persistent link: https://www.econbiz.de/10012942418
a new regime was introduced for setting the fix - the midpoint of the CNY's daily trading range against the U.S. dollar …
Persistent link: https://www.econbiz.de/10011754330
China introduced yuan-denominated trade settlement in July 2009 to help its exporters avoid exchange rate risk. The pilot regions eligible to use the new settlement scheme in their trade with Hong Kong and Macao are Guangdong province and the Yangtze Delta region (Shanghai city, Jiangsu...
Persistent link: https://www.econbiz.de/10013141610
-2001. The analysis indicates that a credible fixed peg has a positive impact on the value of bilateral trade. Moreover, the … positive impact on trade is more pronounced with a stricter definition of the fixed peg or a longer duration of the peg. This … supports the argument that the credibility of an exchange rate peg is an important element to determine bilateral trade. There …
Persistent link: https://www.econbiz.de/10012783128
This paper documents Norges Bank's role in the long transition period from a fixed exchange rate regime to inflation …
Persistent link: https://www.econbiz.de/10014158288