Determinants of Cocoa Export and its Effects on Local Prices in Cameroon
2018
Louis Atamja, Kangwon National University, Chuncheon, Republic of Korea | Kim, K.R., Kangwon National University, Chuncheon, Republic of Korea
Co-integration and Error Correction Model (ECM) was used to provide the evidence that the GDP, Export price and the Competitive Advantage could be the main determinants of Cameroon Cocoa export. The fluctuation in cocoa export price (exchange rate) plays a key role in deciding domestic price in that the cocoa product not exported has been supplied to domestic market and the excessive supply has made the domestic price drop significantly.
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