The Volatility of the International Price and the Trinidad and Tobago Export Price of Cocoa
2017
Pemberton, Carlisle | De Sormeaux, Afiya | Patterson-Andrews, Hazel
Cocoa prices are known to be volatile and this volatility has been known to affect the cocoa industry. Thispaper first examines the volatility of the international cocoa price and compares this volatility to theinternational price of coffee. The measure of volatility that is used is the moving standard deviation. Thepaper then measures the volatility of the export price of cocoa from Trinidad and Tobago and concludesby discussing how price volatility affects the marketing of tropical commodities like cocoa.
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