Drivers of Cocoa Export in Ghana in the Era of Free Trade

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F14%3A00228085" target="_blank" >RIV/62156489:43310/14:00228085 - isvavai.cz</a>

Výsledek na webu

<a href="http://www.idosi.org/wasj/wasj32%288%2914/31.pdf" target="_blank" >http://www.idosi.org/wasj/wasj32%288%2914/31.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Drivers of Cocoa Export in Ghana in the Era of Free Trade

Popis výsledku v původním jazyce

Cocoa is important to the economy of the producing countries in West Africa. This paper investigates some determinants of cocoa export from Ghana in the era of free trade. Using Johansen cointegration and ordinary least squares regression (OLS) approaches, the cointegration result shows there exists a long-run equilibrium relationship between cocoa exports and quantity of cocoa output, domestic consumption, trade openness and the world price. More so, the OLS results also provide ample evidence that cocoa output, aggregate world cocoa export and trade openness have a robust positive effect on cocoa export from Ghana. The findings indicate a weak relationship between the world price and export. However, the results show an inverse relationship between domestic cocoa consumption and cocoa export in the country. The study concludes that these variables are the principal drivers of cocoa export from Ghana. More so, the findings thus suggest that Ghana has a comparative advantage in exporti

Název v anglickém jazyce

Drivers of Cocoa Export in Ghana in the Era of Free Trade

Popis výsledku anglicky

Cocoa is important to the economy of the producing countries in West Africa. This paper investigates some determinants of cocoa export from Ghana in the era of free trade. Using Johansen cointegration and ordinary least squares regression (OLS) approaches, the cointegration result shows there exists a long-run equilibrium relationship between cocoa exports and quantity of cocoa output, domestic consumption, trade openness and the world price. More so, the OLS results also provide ample evidence that cocoa output, aggregate world cocoa export and trade openness have a robust positive effect on cocoa export from Ghana. The findings indicate a weak relationship between the world price and export. However, the results show an inverse relationship between domestic cocoa consumption and cocoa export in the country. The study concludes that these variables are the principal drivers of cocoa export from Ghana. More so, the findings thus suggest that Ghana has a comparative advantage in exporti

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

GA - Zemědělská ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2014

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

World Applied Sciences Journal

ISSN

1818-4952

e-ISSN

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Svazek periodika

32

Číslo periodika v rámci svazku

8

Stát vydavatele periodika

AE - Spojené arabské emiráty

Počet stran výsledku

7

Strana od-do

1710-1716

Kód UT WoS článku

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EID výsledku v databázi Scopus

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