Article
Lessons from long-run (1975–2017) structural change in Colombia’s coffee production
Agricultural and Resource Economics Review
(2021)
Abstract
Although coffee is still an important agricultural commodity in Colombia, the coffee share
of GDP has significantly declined over the past 40 years. Controlling for changes in relative
prices, factor endowments, and technological change, we analyze the coffee share
decline in conjunction with other agricultural output by applying a Vector Error
Correction model. The results indicate that while market liberalization policies contributed
to the declining coffee share of GDP, the decline was partly offset by the end of coffee
export quotas. Our results support policies in favor of assistance for farmers to compete in
international markets.
Keywords
- coffee share,
- Colombia,
- GDP Function,
- structural change,
- VECM
Disciplines
Publication Date
Spring March 31, 2021
DOI
https://doi.org/10.1017/age.2021.1
Citation Information
Gregory J. Brock, Mariana Saenz and Diego Alvarez. "Lessons from long-run (1975–2017) structural change in Colombia’s coffee production" Agricultural and Resource Economics Review Vol. 50 Iss. 2 (2021) p. 201 - 225 Available at: http://works.bepress.com/gregory_brock/195/