This study aims at developing econometric models to manage the price risk of Dry and Wet Cocoa beans with the help of ARIMA (Autoregressive Integrated Moving Average) and VAR (Vector Auto Regressive). The monthly price of Cocoa beans is collected for the period starting from April 2009 to March...

The present paper uses asymmetric cointegration and error-correction modeling where a nonlinear adjustment of the exchange rate yields results that are different than those yielded by linear models. We study cocoa imports for Turkey with advanced ARDL and nonlinear ARDL frameworks. Our findings...

Despite the widespread popularity of the Creating Shared Value (CSV) discourse, its ‘business case’ and ‘win-win’ rhetoric remain problematic. This paper adds an inclusive development perspective to the debate, arguing that analysing CSV strategies through an inclusivity lens contributes...

ABSTRACT CONTEXT Global cocoa production is largely concentrated in West Africa where over 70% of cocoa is produced. Here, cocoa farming is largely a rain-fed, low-input system with low average yields, which are expected to reduce due to climate change. With increasing demand, there is a need to...