Economics of Cocoa Production
Date
Authors
Major Professor
Advisor
Committee Member
Journal Title
Journal ISSN
Volume Title
Publisher
Authors
Research Projects
Organizational Units
Journal Issue
Is Version Of
Versions
Series
Department
Abstract
Cocoa production is important to economic growth and the welfare of rural populations. Economic policy is oriented toward encouraging production, maintaining a stable cocoa price, and using cocoa sales as a source of tax revenue and foreign exchange. This chapter will concentrate on the economics of production-related issues at the farm, industry, and government levels. Special emphasis is given to constraints on the decision-making process of the cocoa producer, as well as to the existing knowledge on cocoa production economics. Rather than providing a systematic framework for decisions in cocoa production, we will consider economic insights into specific problems. The former information can be obtained from basic texts on farm management. A summary of the research evidence on specific cocoa production problems is less readily available.
Comments
This is a chapter from Cocoa Production: Economic and Botanical Perspectives, 1976; 46-62. Posted with permission.