137,679 research outputs found

    Reforming Cote d'Ivoire's cocoa marketing and pricing system

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    Cote d'Ivoire has historically taxed cocoa producers. Market reforms over the past 10 years have somewhat succeeded in making domestic and foreign marketing more transparent and competitive. But they have not done much to raise producer prices in real terms or as a share of the FOB (free on board) price. Maintaining fixed producer prices and marketing costs and margins has encouraged rent-seeking and led to efficiency losses. New reform will fully liberalize the country's export marketing system by eliminating public management of exports. This means the end of mandatory export authorization, of public forward sales, and of fixed minimum producer prices and marketing margins. The new reform is expected to improve producers'incomes. The authors find that the benefits from the new reform (in terms of lower implicit taxes, lower marketing costs and margins, and higher producer prices) will outweigh the costs from eliminating public forward sales and fixed producer prices. Results from a general equilibrium model indicate that reducing export taxes would have a small negative effect on aggregate income but would improve income distribution for poorer rural areas. The fact that Cote d'Ivoire has market power in the world cocoa market justifies a higher optimal export tax than the current one. But raising export taxes may eventually reduce its market share and worsen income distribution, at the expense of the poorer rural sector.Payment Systems&Infrastructure,Economic Theory&Research,Environmental Economics&Policies,Markets and Market Access,Labor Policies,Consumption,Markets and Market Access,Access to Markets,Economic Theory&Research,Environmental Economics&Policies

    Rent-sharing, hold-up, and manufacturing wages in Cote d'Ivoire

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    Labor costs in Francophone Africa are considered high by the standards of low-income countries, at least in the formal sector. Are they a brake on industrialization, or the result of successful enterprise development? Are they imposed on firms by powerful unions, or government regulations, or a by-product of good firm performance? The authors empirically analyze what determines manufacturing wages in Cote d'Ivoire, using an unbalanced panel of individual wages that allows them to control for observable firm-specific effects. They test the rent-sharing, and hold-up theories of wage determination, as well as some aspects of efficiency-wage theories. Their results lean in favor of both rent-sharing, and hold-up, suggesting that workers have some bargaining power, and that in Cote d'Ivoire workers can force renegotiation of labor contracts, in response to new investments.Economic Theory&Research,Public Health Promotion,Health Monitoring&Evaluation,Labor Policies,Environmental Economics&Policies,Economic Theory&Research,Environmental Economics&Policies,Health Monitoring&Evaluation,Health Economics&Finance,Statistical&Mathematical Sciences

    Distortions to Agricultural Incentives in Cote d’Ivoire

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    Distorted incentives, agricultural and trade policy reforms, national agricultural development, Agricultural and Food Policy, International Relations/Trade, F13, F14, Q17, Q18,

    The Cote d\u27Ivoire-Ghana transform margin, eastern Equatorial Atlantic

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    Leg 159 drilled a series of four sites (Sites 959-962) within continental crust adjacent to the continent-ocean transition along the transform passive margin of Cote d\u27Ivoire-Ghana (CIG). This leg represents the first application of deep-sea drilling to the tectonics of transform margin development. The tectonic evolution from the Cretaceous to the Neogene is described. -from Author

    Export-Led growth hypothesis: Evidence from Cote d’Ivoire

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    This paper re-examine the export-led growth hypothesis for Cote d’Ivoire using the Bounds test analysis: unrestricted error correction model (UECM) for the period 1980-2007. Based on the model, exports, labor force and economic liberalization policies have stimulated economic growth, whereas, imports and exchange rate negatively impacted on economic growth. The results indicate that there exists a long-term relationship between economic growth and its determinants in our model. In addition, the VAR Granger/Block-exogeneity Wald tests reveal an evidence of bi-directional causality between exports and economic growth. Thus findings have important messages for policy makers given that export sector dominance in Cote d’Ivoire economy.Cote d’Ivoire, Economy growth, Cointegration, Causality test, Exports.

    Cote-Ahern, D.

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    Dairy Market Participation with Endogenous Livestock Ownership: Evidence from Cote d'Ivoire

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    This study evaluates determinants of dairy market participation by agricultural households in Cote dIvoire by using the Heckman selection model to correct for endogenous cattle ownership. A key result is that ignoring the population of non-owners biases estimates of market participation parameters. These findings are important in light of the widespread application of livestock market participation analyses that assume cattle ownership is exogeneous.Cote dIvoire, dairy, endogenous adoption, Heckman selection model, market participation, Livestock Production/Industries,

    The lucky few amidst economic decline : distributional change in Cote d'Ivoire as seen through panel data sets, 1985-88

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    Cote d'Ivoire's economy declined drastically in the second half of the 1980s. The incidence of poverty climbed from 30 percent in 1985 to 35 percent in 1987, and jumped to 46 percent in 1988. But how widespread was the collapse in living standards? Did a lucky few escape the decline? Using panels of data from the Cote d'Ivoire Living Standards Survey (for 1985-86, 1986-87, and 1987-88) allowed the authors to track the level of living for the same households over successive years. These panels had not yet been used to examine the dynamics of poverty in the second half of the 1980s. They find that two-period poverty was generally less than poverty measured from single-period snapshots. Surprisingly, a significant number of the poorest of the poor improve their status over the two years of the panel, even though there was a downturn in the average fortunes of the poor. The authors find that thelucky few are not so few. They were wide-spread regionally - though in some socioeconomic groupings, the poor had a greater chance to escape poverty amidst the general decline in living standards. Finer investigation of the characteristics of these groupings is hampered somewhat by the small sample sizes of the panels.Poverty Assessment,Poverty Reduction Strategies,Services&Transfers to Poor,Safety Nets and Transfers,Rural Poverty Reduction

    Firm-level responses to monetary union and exchange rate regime: evidence from Cote D’Ivoire and Ghana

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    This study investigated the impact of the exchange rate regime as well as monetary union on businesses in West African countries based on two cases: Cote d’Ivoire and Ghana. Explicitly, the main hypothesis covers Ivorian and Ghanaian firms’ responses to monetary union and exchange rate regime. Two sets of questionnaires needed one in French for Ivorian firms and the other one in English for companies in Ghana. 250 questionnaires had been sent across both countries, Cote d’Ivoire and Ghana. 57 Ivorian companies responded while only 43 Ghanaian were available to fill the questionnaire in. This represents a total response rate of 40 percent, which is appropriate, efficient and adequate for this research study. Mostly, the empirical results based on the primary information and supported with secondary data, strongly confirmed all of the research hypotheses. The study found that being member of the CFA zone with a pegged currency to the Euro has helped expand Cote d’Ivoire’s trade with the European Union in comparison with Ghana. The trade statistics in chapter 5 sections 5.3 of the thesis shows evidence of high trade flows from Cote d’Ivoire to the European Union as well as the Rest of the World. That trade expansion has helped Cote d’Ivoire’s growth despite its instability due to the military and political upraising. Exports played a vital role in the development of African countries, especially in Cote d’Ivoire. During the period 1973-2005, exports represent on average 39.9 percent of the Ivorian GDP and imports of goods and services 35.9 percent. While Ghana’s exports represent only 20 percent of its GDP and its imports of goods and services 27.2 percent for the same period. Again, the questionnaire-survey shows that overwhelmingly, all firms in both Cote d’Ivoire and Ghana agreed on issues related to the benefit of a monetary union and trade with the European Union with a strong passion on the benefit of operating in a fixed exchange rate regime. Therefore, they all supported the hypothesis that membership of a monetary union is beneficial to member states. At the microeconomic level, a monetary union has to be a strong combination of competitiveness and solidarity by taking into account modernisation of social policies. Also, it has to be based on growth or output, higher employment and higher productivity. Finally, a monetary union brings small and medium size enterprises more choices and business opportunities, which will be stronger and more competitive. Large corporations enjoy the eradication of cross-border operations and competition. Again, wealth is created at the microeconomic level through the ability for firms to produce valuable goods and services using efficient methods
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