Document Type
Article
Publication Date
3-31-2021
Publication Title
Agricultural and Resource Economics Review
DOI
10.1017/age.2021.1
ISSN
2372-2614
Abstract
Although coffee is still an important agricultural commodity in Colombia, the coffee share of GDP has significantly declined over the past 40 years. Controlling for changes in relative prices, factor endowments, and technological change, we analyze the coffee share decline in conjunction with other agricultural output by applying a Vector Error Correction model. The results indicate that while market liberalization policies contributed to the declining coffee share of GDP, the decline was partly offset by the end of coffee export quotas. Our results support policies in favor of assistance for farmers to compete in international markets.
Recommended Citation
Saenz, Mariana, Diego Alvarez, Gregory Brock.
2021.
"Lessons from long-run (1975–2017) structural change in Colombia’s coffee production."
Agricultural and Resource Economics Review, 50 (2): 201-225: Cambridge University Press.
doi: 10.1017/age.2021.1 source: https://www.cambridge.org/core/journals/agricultural-and-resource-economics-review/article/lessons-from-longrun-19752017-structural-change-in-colombias-coffee-production/BB9FC057B55F0FFEE0CEB05FE2A336DE
https://digitalcommons.georgiasouthern.edu/economics-facpubs/189
Comments
This is an Open Access article, distributed under the terms of the Creative Commons Attribution license (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted re-use, distribution, and reproduction in any medium, provided the original work is properly cited.