Advanced Search
MyIDEAS: Login to save this paper or follow this series

Assessing The Competitiveness Of Jamaican Ackee In Light Of The Challenges Faced By Sugar And Bananas

Contents:

Author Info

  • Hyatt, Karl
Registered author(s):

    Abstract

    Economic theory posits that the removal of impediments to trade should redound to improvement in the overall well-being of all nations. Unfortunately, for many developing countries, this has not been the case; upon significantly reducing their tariffs, they are yet to see any tangible benefits. On the contrary, they have experienced a decline in market share and in some instances significant erosion of trade preferences that they had previously enjoyed with their trading partners. The preferential market access, from which Jamaica and other ACP (African Caribbean and Pacific) states benefit, through exports of sugar and bananas to the EU (European Union), has been eroded as a result of recent rulings by the WTO. These rulings have already affected the banana industry severely; resulting in loss of jobs, reduction in foreign exchange earnings and area planted in bananas. The sugar industry is expected to be similarly affected with the pending phased reduction in the price per tonne, which the EU proposes to pay ACP sugar producers. In light of the above, there is on-going search for non-traditional commodities with good export potential and the ability to compete in the international market place. Ackee is a non-traditional crop that is considered to have excellent foreign exchange earning potential. This paper will examine the prospect of expanding the volume of ackees exported, particularly to the US market. It will also discuss the health concerns associated with the consumption of the fruit, as well as present scientific evidence to allay food safety concerns associated with it. Finally a policy analysis matrix (PAM) approach was used to assess the comparative advantage of ackee, relative to sugar and bananas. The results of the PAM indicate that whilst sugar cane and bananas enjoy some comparative advantage, ackee uses locally resources most efficiently. This suggests that some of the resources that are currently being employed in the production of sugar cane and bananas could probably be more efficiently employed in the production of ackees.

    Download Info

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
    File URL: http://purl.umn.edu/36947
    Download Restriction: no

    Bibliographic Info

    Paper provided by Caribbean Agro-Economic Society in its series 2006 West Indies Agricultural Economics Conference, July 2006, San Juan, Puerto Rico with number 36947.

    as in new window
    Length:
    Date of creation: May 2007
    Date of revision:
    Handle: RePEc:ags:cars06:36947

    Contact details of provider:
    Web page: http://www.caestt.com/
    More information through EDIRC

    Related research

    Keywords: CAES; SPS measures; Globalization; Competitiveness; Jamaica; Ackee; WTO; Agribusiness; Agricultural and Food Policy; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; International Relations/Trade;

    References

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
    as in new window
    1. Cheng Fang & John C. Beghin, 2000. "Food Self-Sufficiency, Comparative Advantage, and Agricultural Trade: A Policy Analysis Matrix for Chinese Agriculture," Center for Agricultural and Rural Development (CARD) Publications 99-wp223, Center for Agricultural and Rural Development (CARD) at Iowa State University.
    Full references (including those not matched with items on IDEAS)

    Citations

    Lists

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    Statistics

    Access and download statistics

    Corrections

    When requesting a correction, please mention this item's handle: RePEc:ags:cars06:36947. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.