Lessons from long-run (1975-2017) structural change in Colombia’s coffee production

Mariana Saenz; Diego Alvarez; Gregory Brock

doi:10.1017/age.2021.1

Lessons from long-run (1975-2017) structural change in Colombia’s coffee production

Mariana Saenz, Diego Alvarez, Gregory Brock

Economics

Universidad Nacional del Nordeste

Research output: Contribution to journal › Article › peer-review

4 Scopus citations

13 Downloads (Pure)

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.

Original language	English
Pages (from-to)	201-225
Number of pages	25
Journal	Agricultural and Resource Economics Review
Volume	50
Issue number	2
DOIs	https://doi.org/10.1017/age.2021.1
State	Published - Aug 2021

Scopus Subject Areas

Agronomy and Crop Science
Economics and Econometrics

Keywords

Colombia
GDP function
VECM
coffee share
structural change

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10.1017/age.2021.1

Cite this

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title = "Lessons from long-run (1975-2017) structural change in Colombia{\textquoteright}s coffee production",

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.",

keywords = "Colombia, GDP function, VECM, coffee share, structural change",

author = "Mariana Saenz and Diego Alvarez and Gregory Brock",

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AU - Saenz, Mariana

AU - Alvarez, Diego

AU - Brock, Gregory

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PY - 2021/8

Y1 - 2021/8

N2 - 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.

AB - 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.

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KW - GDP function

KW - VECM

KW - coffee share

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JO - Agricultural and Resource Economics Review

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ER -

Lessons from long-run (1975-2017) structural change in Colombia’s coffee production

Abstract

Scopus Subject Areas

Keywords

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