World Prices of Cocoa Beans and its Impact on the GDP of Ghana
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F08%3A00131881" target="_blank" >RIV/62156489:43110/08:00131881 - isvavai.cz</a>
Result on the web
—
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
World Prices of Cocoa Beans and its Impact on the GDP of Ghana
Original language description
The article is focused on the analysis of relationship between the Ghana's GDP and the level of world price of cocoa beans. The influence of the world price of cocoa beans on the GDP of Ghana is investigated from 1980 to 2006. For the purpose of given analysis, a dynamic linear model is developed and statistically tested by the authors. The achieved results validate the significant impact of the world price of cocoa beans on the GDP of Ghana. The correlation coefficient achieved the value of . The coefficient of determination was equal to and -level of its F-test was. Under determined value of the price regression coefficient of the developed model, we can estimate that the increase in the world price of the cocoa beans by SDRs (standard drawing rates)per tonne causes the real increase of Ghana's GDP approximately by billion Cedis (national currency). Accordance with the calculated average coefficient of elasticity, the growth of the world price of cocoa beans by % result in the incre
Czech name
Cena kakových bobů na světovém trhu a její vliv na GDP Ghany
Czech description
Příspěvek je věnován analýze vztahu mezi úrovní GDP Ghany a výší ceny na světovém trhu s kakaovými boby. Uvedený vztah je zkoumán v období 1980 až 2006. Pro analýzu byl použit autory navržený, kvantifikovaný a statisticky ověřený dynamický model.
Classification
Type
D - Article in proceedings
CEP classification
GA - Agricultural economics
OECD FORD branch
—
Result continuities
Project
—
Continuities
Z - Vyzkumny zamer (s odkazem do CEZ)
Others
Publication year
2008
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
ICABR 2008
ISBN
978-80-7375-155-5
ISSN
—
e-ISSN
—
Number of pages
5
Pages from-to
—
Publisher name
Mendel University in Brno
Place of publication
Brno
Event location
Accra, Ghana
Event date
Jan 1, 2008
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
—