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Coffee, cocoa and economic growth in Brazil

Author

Listed:
  • Maria J. Willumsen
  • Amitava Krishna Dutt

Abstract

This paper analyzes the impacts of increases in prices of two primary products– coffee and cocoa – on the growth of the national and regional economies. It tries tounderstand the factors that have determined salutary effects in the coffee region andnegligible effects on the cocoa region. The results suggest that only a partial answer can befound in the nature of these products, as proposed by the “staples” approach. The largesteffects seem to be connected with some social and macroeconomic characteristics prevalentin these economies during the “boom” period. JEL Classification: O47; Q11.

Suggested Citation

  • Maria J. Willumsen & Amitava Krishna Dutt, 1991. "Coffee, cocoa and economic growth in Brazil," Brazilian Journal of Political Economy, Center of Political Economy, vol. 11(3), pages 362-381.
    • Handle: RePEc:ekm:repojs:v:11:y:1991:i:3:p:362-381:id:1470
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    File URL: https://centrodeeconomiapolitica.org.br/repojs/index.php/journal/article/view/1470/1456
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    More about this item

    Keywords

    Coffee; cocoa; economic history of Brazil; economic growth;
    All these keywords.

    JEL classification:

    • O47 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - Empirical Studies of Economic Growth; Aggregate Productivity; Cross-Country Output Convergence
    • Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices

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