Cote d’Ivoire : Competitiveness, Cocoa, and
the Real Exchange Rate

Cote d’Ivoire : Competitiveness, Cocoa, and the Real Exchange Rate

This paper explores competitiveness of Cote d'Ivoire's economy over a long period of 1960-2003 and its link with cocoa prices. The main conclusions are as follows. First, using four measures of real effective exchange rate (REER) for the...

Full description

Bibliographic Details
Main Authors:	Bogetic, Zeljko, Espina, Carlos, Noer, John
Format:	Policy Research Working Paper
Language:	English
Published:	World Bank, Washington, DC 2012
Subjects:	AGRICULTURE ANNUAL GROWTH BALANCE OF PAYMENT BASE YEAR BILL BUSINESS CYCLES CAPITAL MOBILITY COCOA PRICE COCOA PRICES COMMODITIES COMMODITY COMMODITY EXPORTS COMMODITY PRICE COMMODITY PRICES COMPETITIVE EQUILIBRIUM COMPETITIVENESS CONSUMER GOODS CONSUMER PRICE CONSUMER PRICE INDEX CONSUMER PRICE INDICES CURRENCY CUSTOMER BASE DEFLATORS DEPENDENT VARIABLE DESCRIPTIVE STATISTICS DEVALUATION DEVELOPING COUNTRIES DIRECTION OF TRADE DISTRIBUTION OF TRADE DOMESTIC PRICES DUMMY VARIABLE DUTCH DISEASE ECONOMETRICS ECONOMIC ACTIVITY ECONOMIC GROWTH ECONOMIC STATISTICS EMERGING ECONOMIES ERROR TERM EXCESS DEMAND EXPORT GOOD EXPORTER EXPORTS EXPOSURE EXTERNAL SHOCK EXTERNAL SHOCKS FIXED EXCHANGE RATE FIXED EXCHANGE RATE REGIME FOREIGN CURRENCY FOREIGN EXCHANGE FOREIGN EXCHANGE EARNINGS FUNDAMENTAL DETERMINANT FUTURES GDP GDP DEFLATOR GROSS DOMESTIC PRODUCT GROWTH RATES IMPORT IMPORTS INEFFICIENCY INFLATION INSTRUMENTAL VARIABLES INTEREST RATE DIFFERENTIALS INTERNATIONAL COMPETITIVENESS INTERNATIONAL PRICE INTERNATIONAL PRICES INTERNATIONAL TRADE LABOR FORCE LABOR FORCE GROWTH LOCAL CURRENCY LONG-RUN EQUILIBRIUM MACROECONOMIC VARIABLE MARKET SHARE NATURAL RESOURCE NOMINAL WAGE OPEN ECONOMIES OUTPUT PEG POLICY RESEARCH POVERTY REDUCTION PRICE DECLINES PRICE QUOTATIONS PRICE RIGIDITIES PURCHASING PURCHASING POWER PURCHASING POWER PARITY REAL ADJUSTMENTS REAL APPRECIATION REAL DEPRECIATION REAL DISTURBANCES REAL EFFECTIVE EXCHANGE RATE REAL EXCHANGE REAL EXCHANGE RATE REAL EXCHANGE RATES REAL INTEREST REAL INTEREST RATE REAL OUTPUT RELATIVE PRICE SERIAL CORRELATION SHARE OF WORLD OUTPUT SLOW GROWTH SPOT PRICE STRUCTURAL CHANGE STRUCTURAL REFORMS SUPPLIERS TOTAL EXPORTS TOTAL IMPORTS TRADABLE GOODS TRADE COMPETITIVENESS TRADE PATTERNS TRADE RESTRICTIONS TRADE STATISTICS TRADES TRADING PARTNER TRADING PARTNERS VALUE ADDED VOLATILITY WAGES WEIGHTS WHOLESALE PRICE WHOLESALE PRICE INDICES WORLD MARKET WORLD MARKETS WORLD PRICE WORLD PRICES WORLD TRADE
Online Access:	http://documents.worldbank.org/curated/en/2007/11/8789763/cote-divoire-competitiveness-cocoa-real-exchange-rate-cote-divoire-competitiveness-cocoa-real-exchange-rate http://hdl.handle.net/10986/7629

Internet

http://documents.worldbank.org/curated/en/2007/11/8789763/cote-divoire-competitiveness-cocoa-real-exchange-rate-cote-divoire-competitiveness-cocoa-real-exchange-rate
http://hdl.handle.net/10986/7629