Ex-post simulations of the global coffee model over the recent period of operation of the International Coffee Agreement's export quota system, (1981-86) show the following. The quota system had a stabilizing effect on world coffee prices in the 1981-85 period. In 1986, when coffee prices increased sharply due to the drought in Brazil and the export quotas were suspended, prices would have been 24 percent higher in the absence of quotas over the 1981-85...
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INFORMATION
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1989/02/28
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Document de travail de recherche sur les politiques
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WPS148
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1
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1
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2010/07/01
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Impact of the International Coffee Agreement's export quota system on the World's coffee market
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quota system
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