000 022060000a22004810004500
911 _aXL1991004976
901 _aE70
903 _aE
903 _aV
904 _aBCO
905 _aC
906 _a19910101
908 _aJ
909 _aAS
912 _aEn
912 _aEn
914 _aCACAO
914 _aEXTRA
914 _aBCO1
082 0 4 _a633.748
_bA244
100 1 _940201
_aAdusei Jumah
260 _cOct-Dic 1986
041 0 _aEn
500 _a5 tab. 15 ref. Sum. (De, En)
520 _aA considerable proportion of the world supply of cocoa beans is traded at the London Stock Exchange. The leading importer of cocoa is the European Community with a market share of roughly 50 percent. The supply originates predominantly in Latin America and in West Africa, where some countries depend heavily on cocoa for export revenues. The aim of this study was to explore how demand in the E.C. reacts to price changes and how this relationship may be used to further the revenue of producers. On average in the E.C., a price increase of 1 percent reduces cocoa consumption by 0.31 percent. At prices of 1983, cocoa consumption is forecast to increase by 0.69 percent annually due to rising income, changes in preferences and other factors. If producers were able to freeze supply at the 1981 - 1983 level, this would result in an annual price increase of 1.9 percent (above inflation) in the London exchange market, assuming that the E.C. is representative of the world.
650 1 4 _9138724
_aCACAO
650 1 4 _9143669
_aDEMANDA
650 1 4 _9156432
_aOFERTA Y DEMANDA
650 1 4 _9141562
_aCOMUNIDADES EUROPEAS
691 _9308864
_aCACAO (PLANT)
691 _9143668
_aDEMAND
691 _9165772
_aSUPPLY BALANCE
691 _9318266
_aEUROPEAN COMMUNITIES
692 _aCACAOYER
692 _aDEMANDE
692 _aOFFRE ET DEMANDE
692 _aCOMMUNAUTES EUROPEENNES
773 0 _tQuarterly Journal of Intenational Agriculture (Alemania, R.F.)
_dOct-Dic 1986
_gv. 25(4) p. 360-373
040 _aCR-TuBCO
_cCR-TuBCO
_bEs
245 1 0 _aThe demand for cocoa in the E.C. Countries - Forecasts and policy implications
942 _cANA
003 CR-TuBCO
999 _c70990
_d70990