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Erscheinungsjahr: 
2025
Schriftenreihe/Nr.: 
Research Papers in Economics No. 12/25
Verlag: 
Universität Trier, Fachbereich IV - Volkswirtschaftslehre, Trier
Zusammenfassung: 
Using a state of the art structural gravity model, we investigate the impact of various (post-)colonial cocoa trading arrangements on the cocoa trade between developing cocoa producer countries and rich industrial cocoa consumer nations in the time period 1951 to 1999. We find that in particular the trading arrangements of the European (Economic) Community (EEC/EC), such as the Association,Yaoundé and Lomé Agreements, as well as the UNCTAD International Cocoa Agreement, had a measurable positive impact on cocoa trade flows, in contrast to the British Commonwealth partnership or the GATT Generalized System of Preferences. In particular, the Yaoundé Agreement did not only increase the trade between other EEC/EC members and the signatory cocoa producers, but also strengthened the trading relationship between the former colonizer countries and their cocoa producing former colonies, in fact more than offsetting the negative effect of independence.
Schlagwörter: 
cocoa trade
developing country commodity trade
international trading arrangements
European (Economic) Community
gravity model
JEL: 
F13
F14
F15
F54
F55
F63
Dokumentart: 
Working Paper

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