Coffee price dynamics: An analysis of the retail-international price margin

We examine the dynamics of the margin between retail and international coffee prices from 1980 to 2018. We find no significant trend in the margin using a robust procedure for estimating a trend. Further, we establish that any deviations in the margin are transitory for the full sample as well as th...

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Bibliographic Details
Main Authors: Ghoshray, A. (Author), Mohan, S. (Author)
Format: Article
Language:English
Published: Oxford University Press 2021
Subjects:
Online Access:View Fulltext in Publisher
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001 10.1093-erae-jbab027
008 220427s2021 CNT 000 0 und d
020 |a 01651587 (ISSN) 
245 1 0 |a Coffee price dynamics: An analysis of the retail-international price margin 
260 0 |b Oxford University Press  |c 2021 
856 |z View Fulltext in Publisher  |u https://doi.org/10.1093/erae/jbab027 
520 3 |a We examine the dynamics of the margin between retail and international coffee prices from 1980 to 2018. We find no significant trend in the margin using a robust procedure for estimating a trend. Further, we establish that any deviations in the margin are transitory for the full sample as well as the periods prior to and after the demise of the ICA, but with asymmetric adjustment. One of the reasons for the observed asymmetry could be market concentration in the coffee supply chain at the coffee roasting level, which allows coffee roasters to keep a higher share of the profits. © 2021 The Author(s) 2021. Published by Oxford University Press on behalf of the Foundation for the European Review of Agricultural Economics. 
650 0 4 |a coffee 
650 0 4 |a coffee roasting industry 
650 0 4 |a coffee supply chain 
650 0 4 |a market power 
650 0 4 |a Momentum Threshold Autoregression (M-TAR) 
650 0 4 |a price dynamics 
650 0 4 |a price dynamics 
650 0 4 |a price margin 
650 0 4 |a supply chain management 
650 0 4 |a threshold 
700 1 |a Ghoshray, A.  |e author 
700 1 |a Mohan, S.  |e author 
773 |t European Review of Agricultural Economics