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Farmgate Prices and Market Power in Liberalized West African Cocoa Markets

15 View(s), published at 2006, written by Michael D. Wilcox (Jr), published by ProQuest
Farmgate Prices and Market Power in Liberalized West African Cocoa Markets

Farmgate prices and market power in liberalized west african cocoa markets by Michael D. Wilcox (Jr) A conjectural variations approach was adopted to estimate the degree of market power present in cocoa markets of Ivory Coast and Nigeria. Evidence of market power was found between buying centers and .... Published date on: 2006 with total page: 310 pages. Publisher of Farmgate Prices and Market Power in Liberalized West African Cocoa Markets is ProQuest.

A conjectural variations approach was adopted to estimate the degree of market power present in cocoa markets of Ivory Coast and Nigeria. Evidence of market power was found between buying centers and ports in Ivory Coast. Market power, exercised in part by multinational exporters, must be considered in concert with the Ivorian government, which still collects non-trivial export taxes. Ivorian civil war appears to have rent-reducing effects. No evidence of market power was found in Nigeria.

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