STABILIZATION AND REDISTRIBUTION OF COFFEE REVENUES - A POLITICAL-ECONOMY MODEL OF COMMODITY MARKETING BOARDS
STABILIZATION AND REDISTRIBUTION OF COFFEE REVENUES - A POLITICAL-ECONOMY MODEL OF COMMODITY MARKETING BOARDS
复制标题
DOI:
10.1016/0304-3878(94)90048-5
复制
发表时间:
1994-08-01
影响因子:
5
通讯作者:
CARDENAS, M
中科院分区:
文献类型:
--
作者:
CARDENAS, M
Domestic prices of export crops are important macroeconomic variables in primary-exporting countries. Not only are they key determinants of the business cycle, but also play a pivotal role in the resolution of distributive conflicts. Using a model where producers 'delegate' pricing decisions in a fully optimizing environment, this paper explores the relationship between the redistribution and stabilization functions of marketing boards. The results of the model, as well as the empirical evidence, suggest that different institutional arrangements are helpful in explaining differences in macroeconomic performance across countries. The analysis is carried out for coffee in Colombia, Costa Rica, Cote d'Ivoire and Kenya.