Corvinus
Corvinus

Comparative advantages in the global coffee trade

Török, Áron and Jámbor, Attila and Mizik, Tamás (2017) Comparative advantages in the global coffee trade. In: IFAMA World Conference, 2017. június 18-21., Amerikai Egyesült Államok, Miami, Florida.

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Official URL: http://ifamaeurope.org/events/conference-miami-2017/


Abstract

Coffee is an important agricultural raw material and part of international trade. Although global production is extremely concentrated, it is mainly sold to developed markets. The aim of the paper is to analyse the comparative advantages of the biggest producers. Results suggest that coffee trade has increased recently with important changes in the key players. Brazil, Vietnam and Colombia are currently the biggest exporters, giving the majority of global trade. However, Balassa indices were the highest for Uganda, Ethiopia and Honduras, suggesting unreasonable specialisation patterns. Furthermore, stability and duration tests show significantly changing trends, implying fierce competition in these markets.

Item Type:Conference or Workshop Item (Lecture)
Subjects:Food economy
Commerce and tourism
Cultivation, growing of vegetables, medical and aromatic plants
ID Code:3153
Deposited By: Veronika Vitéz
Deposited On:15 Nov 2017 11:22
Last Modified:16 Nov 2017 08:42

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