Showing 1 - 7 of 7
Persistent link: https://www.econbiz.de/10010207465
Previous attempts at identifying and estimating a time-varying risk premium in the cocoa futures market yielded conflicting results. Using a longer series that includes the most recent cash and futures data, the existence of a time-varying risk premium in the cocoa futures market is...
Persistent link: https://www.econbiz.de/10009443197
Significant ambiguity surrounds the magnitude and sign of the effect of foreign aid on economic growth. Foreign aid can potentially augment scarce domestic capital to spur growth but foreign aid can also remove positive incentive to build wealth, stalling growth. This paper characterizes the...
Persistent link: https://www.econbiz.de/10009443263
Significant ambiguity surrounds the magnitude and sign of the effect of foreign aid on economic growth. Foreign aid can potentially augment scarce domestic capital to spur growth but foreign aid can also remove positive incentive to build wealth, stalling growth. This paper characterizes the...
Persistent link: https://www.econbiz.de/10004979673
The paper contends that the current boom in cocoa exports from Ghana is primarily in response to reversal in price incentives to smuggle Ghana cocoa to La Cote d’Ivoire and not due to productivity gains in the Ghana cocoa supply chain. Using recent data; ADF, Perron and KPSS tests of...
Persistent link: https://www.econbiz.de/10005039263
An Augmented Relative Price Spread (ARPS) model is employed to explain recent changes in real US beef wholesale-retail (WR) and hence farm-retail (FR) marketing margins. It is found that the surge in retail market concentration in 1999 most likely increased retail market oligopsony power...
Persistent link: https://www.econbiz.de/10005803185
Previous attempts at identifying and estimating a time-varying risk premium in the cocoa futures market yielded conflicting results. Using a longer series that includes the most recent cash and futures data, the existence of a time-varying risk premium in the cocoa futures market is...
Persistent link: https://www.econbiz.de/10005804671